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
Tag: Commercial
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
The Brits are coming: Billionaires Simon and David Reuben are seeking majority stake in W South Beach for $400M-plus
British billionaires Simon and David Reuben are betting big on Miami Beach’s hospitality market, seeking majority ownership of the W South Beach for close to
Dermot is back in South Florida, scoops up 350-unit Wellington apartment project for $144M
Two years after splashing into South Florida to buy multifamily properties, Dermot Company added a Wellington apartment complex for $144.2 million. An affiliate of Dermot,