Värde Partners is foreclosing on the owner of a Coral Gables office complex for allegedly defaulting on a $68.9 million mortgage. Since August, the amount
Tag: Commercial
Aimco under contract to sell Hamilton multifamily tower, nearby Edgewater dev site for $204M combined
Aimco is selling the Hamilton apartment tower in Edgewater and a nearby development site for a combined $204 million. The pending deals come as the
Ares cements top ranking for pricey purchases in South Florida, paying $147M for Miami Lakes industrial complex
Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the
East Capital’s Miami-Dade industrial buying binge continues with $48M purchase near Aventura
East Capital Partners is amassing industrial properties in Miami-Dade County, buying its third warehouse complex this year. An affiliate of Darien, Connecticut-based East Capital, led
Elliott completes Brickell office tower purchase for $443M, solidifying the hedge fund’s position as major South Florida player
Paul Singer’s Elliott Investment Management completed its purchase of a Brickell office tower for $443 million. The deal, billed as the second largest office deal
Hotusa checks into Miami Beach, pays $20M for Art Deco hotel
Grupo Hotusa is booking into Miami Beach, acquiring an Art Deco hotel for $19.7 million. An affiliate of Barcelona-based Hotusa, led by President Amancio Lòpez
Site Centers offloads another South Florida retail property, selling Boynton Beach shopping center for $31M
Less than a month after selling a Midtown Miami building anchored by Target, Site Centers offloaded a Boynton Beach shopping center. An affiliate of Beachwood,
SmartStop adds fourth self-storage facility to South Florida portfolio, paying $31M for North Miami site
SmartStop beefed up its South Florida self-storage portfolio, buying a recently completed North Miami facility for $30.8 million. An affiliate of Ladera Ranch, California-based SmartStop,
Movers & Shakers: Forman Capital names associate VP
Firms are bulking up on personnel in the latest roundup of South Florida real estate hiring news. In Palm Beach, commercial lender Forman Capital promoted
Northwood dips into South Florida’s industrial market with $47M warehouse purchase
Northwood Investors is wading into South Florida’s booming industrial market after paying $46.5 million for a Doral warehouse. An affiliate of Northwood, a Denver-based real