The Holiday Inn Port of Miami-Downtown is headed to a foreclosure auction. Lender Cirrus Real Estate Partners filed a Uniform Commercial Code foreclosure against the
Tag: Commercial
Blackstone cashes out of another South Florida industrial portfolio, selling five facilities for $206M
Blackstone continued lightening its industrial property load in South Florida, selling five Sunrise warehouses for a combined $205.5 million. The deal is on the heels
Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & Spa
Billionaire Jeffrey Soffer is on a refinancing roll, landing a new $550 million loan for his Aventura resort from the same lenders that provided a
Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell; Japanese eatery on tap in Miami Design District
OKO Group, Tao Group Hospitality | Brickell A Mediterranean restaurant and a private lounge will open atop the 830 Brickell office tower. Miami Members Hospitality,
Movers & Shakers: Whole Foods VP Brian Maloney joins Ram Realty
In the latest roundup of South Florida real estate hiring news, firms made leadership picks ahead of the holidays. In Palm Beach Gardens, Brian Maloney
Jeffrey Soffer’s firm seeks $1.2B refi for Fontainebleau Miami Beach resort
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
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