Schmier Property Group pumped up its Boca Raton portfolio by acquiring a mixed-use complex for $32 million. An affiliate of Boca Raton-based Schmier, led by
Tag: Commercial
Triple Double, Stonerock Capital could lose downtown Miami office buildings to foreclosure
Two years after buying a pair of downtown Miami office buildings, Triple Double Real Estate and Stonerock Capital Partners could lose the properties to foreclosure.
Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for $19M
Gus Machado Ford in Hialeah is no longer owned by the late car dealer’s family, which sold the auto retailer site for $19.3 million. A
Lease roundup: Pipeline Workspaces renews Coral Gables office, French bakery opening in Kendall
Pipeline Workspaces | Coral Gables Co-working and shared office space provider Pipeline Workspaces is staying put in Coral Gables. Miami-based Pipeline renewed its 14,000-square-foot lease
Movers & Shakers: Bobby Jones jumps from Compass to Elliman
In the latest roundup of South Florida real estate hiring news, firms continue to bulk up their teams. Longtime Compass agent Bobby Jones jumped to
Longpoint bulks up South Florida industrial portfolio with $27M Medley purchase
Longpoint continues bulking up its South Florida industrial portfolio, recently paying $27.2 million for three Medley warehouses. An affiliate of Boston-based Longpoint, led by founding
MG Developer expands into hospitality after buying Miami hotel for $36M
MG Developer is entering the hospitality sector after paying $36 million for a hotel near Miami International Airport. Coral Gables-based MG, led by Alirio Torrealba
Rreef sells Pembroke Pines multifamily complex for $110M — a 9% discount from purchase price two years ago
Rreef Property Trust sold a 368-unit apartment complex in Pembroke Pines for $110 million, marking a 9 percent discount from its purchase price two years
Publix’s $83M double play: Grocer adds two Broward shopping centers to South Florida portfolio
Publix continues expanding its South Florida portfolio, picking up a pair of Davie shopping centers for a combined $83 million. The Lakeland-based grocery chain paid
Invesca lands $55M loan for rental-to-condo conversion in Pompano Beach, aiming to match demand
Invesca Development Group landed a $55.2 million loan for an apartment-to-condo conversion of a 214-unit complex in Pompano Beach. The plan to switch the Envy