At the 293-unit Elevate in Dania Beach, about 100 apartments remain vacant six months after the project was completed. To entice renters, the property manager
Tag: Commercial
South Florida office vacancies and asking rents hold steady in fourth quarter, despite some foreclosures and discounted deals
Outside Miami’s Brickell neighborhood and downtown West Palm Beach, office landlords in South Florida faced troubling trends in the fourth quarter of last year. Older
Codina lands $124M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco
Codina Partners scored a $124 million refinancing for a pair of Downtown Doral apartment towers, using part of the capital to buy out Invesco’s stake
AEW scoops up 424-unit senior living complex in Wellington for $100M
AEW Capital Management bought a 424-unit senior living rental complex in Wellington for $100.1 million, marking this year’s first major commercial real estate deal in
Lease roundup: Pura Vida Miami opens new outposts, Big 4 ad agency moves to Coral Gables
Pura Vida Miami | Miami Beach, Fort Lauderdale Pura Vida Miami, the café known for its health-conscious menu that includes smoothies and açaí bowls, opened
Movers & Shakers: JLL taps Dan McGowan as South Florida market leader
In the latest roundup of South Florida real estate hiring news, firms are bulking up their leadership. JLL tapped executive managing director Dan McGowan as
Robert Rivani’s Black Lion slims portfolio, sells Catch restaurant for $28M
Robert Rivani’s Black Lion sold one of its signature commercial condo units, a building leased to Catch restaurant in Miami Beach’s South of Fifth neighborhood,
Miami-Dade pays $17M for industrial sites to use as staging for MIA improvements, expansion
Miami-Dade County bought a 3.4-acre industrial site for $17 million that it plans to use as staging for improvements and expansion of the nearby international
Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction
An affiliate of Penn-Florida Companies filed bankruptcy on its 101 Via Mizner apartment building in Boca Raton, warding off a foreclosure auction over a $145
Former exec sues Alden affiliate over allegedly lowballing his stake in properties in South Florida, elsewhere
Hedge fund Alden Global Capital’s real estate division allegedly tried to shortchange a former property manager and investor in his payout for South Florida hotels