Billionaire Larry Ellison dropped $277.4 million for the 310-unit oceanfront Eau Palm Beach Resort & Spa in Manalapan. Ellison, a co-founder of software company Oracle,
Tag: Commercial
“A lot of square footage”: Six office buildings are on tap in Miami Beach. Will all get leased?
As South Florida became a magnet for out-of-state companies in the past four years, Miami Beach emerged as a budding office market. The city landed
South Florida submarkets see rent declines, amid hefty new apartment supply
Across South Florida, some municipalities are experiencing a drop in apartment rents, marking a sharp turnaround from the tri-county region’s record rate hikes of recent
Lease roundup: Downtown Miami’s Citigroup Center, Hollo family’s 1101 Brickell land tenants
Fowler White Burnett, Pescanova, Scotiabank, more | downtown Miami Law firm Fowler White Burnett will move its office to downtown Miami from the city’s Brickell
CGI Merchant loses downtown Miami Gabriel hotel in UCC auction
CGI Merchant Group lost its downtown Miami hotel in a UCC auction, marking the second time this week the firm parted with one of its
Billionaire Larry Ellison buys Eau Palm Beach Resort in Manalapan
Billionaire Larry Ellison, co-founder of software company Oracle, bought the Eau Palm Beach Resort & Spa, expanding his nationwide hotel portfolio and his holdings in
Heightened demand? French budget lodgings firm, MHG buy South Florida hotels
A European budget lodgings chain and a Midwest hospitality company each scooped up a South Florida hotel. The deals come at a dubious time for
YMP Real Estate adds another Broward office complex to portfolio
For the second time in five months, YMP Real Estate beefed up its commercial portfolio by acquiring a Broward County office complex. An affiliate of
BDT & MSD nets $64M with $1B refi of Boca Raton Resort & Club
BDT & MSD Partners is making big equity gains thanks to a $1 billion refinancing of Boca Raton Resort & Club. Citi Real Estate Funding
South Florida’s multifamily construction pipeline reaches record, as developers seize on south Miami-Dade
Across South Florida, developers are building a record number of multifamily units. The booming pipeline comes as the tri-county region’s leasing frenzy has slowed and