JBL Asset Management, through an affiliate, bought the Ridge Plaza retail center in Davie for $22.3 million, marking an uptick in shopping center deals. Continental
Tag: Commercial
Alliance HP’s downtown Fort Lauderdale office tower faces foreclosure
Alliance HP could lose a downtown Fort Lauderdale office tower to foreclosure. An affiliate of Atlanta-based lender Trimont on Tuesday filed a foreclosure complaint in
Blue Suede nabs $27M loan to update two Miami Beach hotels and apartment building
Blue Suede Hospitality Group landed a $27 million loan to refurbish two Miami Beach hotels and an apartment building undergoing renovations. Franklin BSP Realty Trust,
Yakov Cohen adds Aventura big box store to North Miami-Dade holdings
Yakov Cohen expanded his holdings in northeast Miami-Dade County after paying $17.7 million for an Aventura big box store. An entity managed by Cohen and
Tribune parent’s real estate arm expands West Palm Beach industrial portfolio
Twenty Lake Holdings, a subsidiary of Tribune Publishing owner Alden Global Capital, is expanding its industrial portfolio in West Palm Beach. An affiliate of Stamford,
Funding keeps flowing: Two recently completed Miami mixed-use projects score loans totaling $237M
A pair of mixed-use projects built in the last two years in Miami’s Wynwood scored loans totaling $237 million. In the larger deal, Ares Management
Miami International Mall’s market value plummets to $159M
Simon Property Group’s Miami International Mall is in precipitous condition. The struggling indoor retail center ‘s current market value nosedived to $159 million, compared to
Lynd considers $9M capital call to investors for Miami Gardens rental complex
Multifamily investor Lynd is considering asking its investors in a Miami Gardens apartment complex to pony up additional capital, as skyrocketing insurance premiums and other
Lease roundup: Latin Securities opens in downtown Miami, Spanish restaurant picks A&E District for first US outpost
Latin Securities | downtown Miami Financial services firm Latin Securities opened an office in downtown Miami. Buenos Aires, Argentina-based Latin Securities, which offers wealth management,
Movers & Shakers: Andrew Sossen returns to Starwood as COO
It may be the dog days of summer, but South Florida real estate firms are still making moves. Andrew Sossen is returning to Miami Beach-based