Jeffrey Soffer’s real estate firm is seeking to raise $1.2 billion in the bond market to refinance the Fontainebleau Miami Beach resort. The plan is
Tag: Commercial
Grover Corlew lands $114M refi for 355-unit Pompano Beach rental complex
Grover Corlew landed a $114.4 million refinancing for its newly finished 355-unit apartment complex in Pompano Beach. The deal marks a continuation of loan deals
CGI Merchant hit with $49M UCC foreclosure on Coral Gables office building, its fourth distressed asset
Raoul Thomas is having a rough year. After losing two of his marquee hotels to lenders and facing an auction of a Miami Beach hotel,
University of Miami beefs up commercial portfolio with $68M Allapattah purchase
The University of Miami expanded its real estate portfolio near its Allapattah medical school campus, picking up three commercial properties for a combined $68 million.
Penn-Florida hit with $195M UCC foreclosure on Boca Raton’s Via Mizner, as South Florida multifamily debt woes grow
Penn-Florida Companies could lose its 101 Via Mizner apartment building in Boca Raton to foreclosure over its alleged failure to pay off a $195 million
Collins retail revival? Art Deco assemblage hits market for roughly $50M
Does the arrival of the Vivienne Westwood brand on South Beach signal a retail revival for Collins Avenue? A pair of Miami Beach retail brokers
Is Fort Partners planning a West Palm project? Firm pays $20M for aging waterfront apartment complex
Luxury developer Fort Partners bought an aging bayfront apartment complex in West Palm Beach for $20 million. The deal could signal that the firm, which
Brickell condo board president ousted after passing $21M assessment
Unit owners at a two-tower condo on Brickell Avenue in Miami voted out their board president following a series of events that included the allegedly
Simon, Brookfield face tough road ahead for their South Florida zombie malls
The outlook for owners of two South Florida zombie malls to refinance maturing nine-figure loans next year is pretty grim. Even with recent interest rate
Lease roundup: Inter Miami opens store at Miami International Airport, UBS moving Coral Gables office
Inter Miami | Miami International Airport The Inter Miami Major League Soccer team opened a retail store at Miami International Airport. Inter Miami leased