DWS Group sold a two-building office complex in Coral Gables for $119.6 million, amid the firm’s nationwide divestment from the asset class. Dallas-based Lone Star
Category: Business
Moishe Mana’s Wynwood portfolio grows again with $34M purchase
Moishe Mana added another development site to his Wynwood portfolio, paying $33.5 million for two vacant adjoining parcels. Mana, the largest landowner in Wynwood, acquired
Billionaire Google co-founders descend on Miami
Google co-founders Larry Page and Sergey Brin have been shopping for luxury homes in Miami, and Page is the mystery buyer who spent more than
Spec developer Michael Klinger sells Golden Beach home for $27M
Spec developer Michael Klinger and his wife Michelle Klinger sold a home in Golden Beach for $27.1 million, marking a record price for bayfront homes
Boca Raton moves to rein in public land deals after blocked referendum
Boca Raton officials moved to tighten oversight of city land deals, approving an ordinance that requires two public hearings and findings that justify how the
Developers jump on suburban office demand as tenants ditch pricey West Palm
Downtown West Palm Beach’s office market is booming. But not everyone can afford to stay. Billionaire Steve Ross’ hefty office investment and development in downtown
Okan scores $200M C-PACE loan for downtown Miami condo-hotel tower
Turkish developer Okan Group scored $200 million in C-PACE financing for its Hilton-branded condo-hotel tower under construction in downtown Miami. The lender is Coral Gables-based
Lennar sells majority control of multifamily division to TPG after years of losses
Lennar Corp., the country’s second-largest homebuilder, sold its majority stake in its multifamily development division to San Francisco-based asset management firm TPG. Lennar will hold
Boca Raton mixed-use project scores $74M Bank OZK construction loan
A Compson Associates-led joint venture landed a $74 million construction loan for a planned mixed-use complex in Palm Beach County that started construction last month.
Gencom finances Ritz-Carlton Coconut Grove acquisition with $12M loan
Gencom is retaking full ownership of the Ritz-Carlton Coconut Grove. An affiliate of Miami-based Gencom, led by Karim Alibhai, bought partner Hersha Hospitality Trust’s majority