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Tag: Commercial

Lease roundup: Restaurant Sant Ambroeus will open at Fifth Miami Beach project 
Business

Lease roundup: Restaurant Sant Ambroeus will open at Fifth Miami Beach project 

July 29, 2024July 29, 2024

Sant Ambroeus | Miami Beach  Italian restaurant Sant Ambroeus will open its first Miami-Dade County outpost in South Beach.  Sant Ambroeus leased more than 7,000

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Movers & Shakers: Shoreham Capital taps VP of investments
Business

Movers & Shakers: Shoreham Capital taps VP of investments

July 29, 2024July 29, 2024

In the latest roundup of South Florida real estate hiring news, firms are bringing in new leadership and expanding their ranks. In West Palm Beach,

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L+R Hotels’ M loan on Fort Lauderdale Marriott enters special servicing 
Business

L+R Hotels’ $22M loan on Fort Lauderdale Marriott enters special servicing 

July 26, 2024July 26, 2024

A $22.4 million loan on the Fort Lauderdale Marriott North entered special servicing, according to data from Morningstar Credit, further evidence of South Florida commercial

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830 Brickell office tower lands 5M perm loan, among South Florida’s biggest refinancings ever
Business

830 Brickell office tower lands $565M perm loan, among South Florida’s biggest refinancings ever

July 24, 2024July 24, 2024

The office tower 830 Brickell scored a $565 million loan from an Elliott Investment Management-backed lender, marking one of South Florida’s biggest refinancings ever.  Vlad

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Asana sells West Palm Beach’s repurposed warehouse district for M, as South Florida retail deals flow
Business

Asana sells West Palm Beach’s repurposed warehouse district for $20M, as South Florida retail deals flow

July 24, 2024July 24, 2024

Asana Partners sold a portfolio of West Palm Beach warehouses repurposed into retail, restaurant and office space for $19.5 million. The deal comes as such

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Zaragon sells Plantation office building for M, a 6% discount from 2018
Business

Zaragon sells Plantation office building for $16M, a 6% discount from 2018

July 23, 2024July 23, 2024

Zaragon sold an office building in Plantation for $15.7 million, a 5.5 percent discount from the firm’s purchase price six years ago.  The deal comes

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Fortress takes back Fort Lauderdale marina, RV park in M deed in lieu of foreclosure
Business

Fortress takes back Fort Lauderdale marina, RV park in $86M deed in lieu of foreclosure

July 22, 2024July 22, 2024

The investors in a Fort Lauderdale RV park and marina surrendered the property to the lender through a deed in lieu of foreclosure valued at

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Singaporean REIT sells Boca Raton office building for M –– an 18% discount from 2021
Business

Singaporean REIT sells Boca Raton office building for $82M –– an 18% discount from 2021

July 22, 2024July 22, 2024

A Singaporean real estate investment trust sold the One Town Center office building in Boca Raton for $82 million, marking a 17.6 percent discount from

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Movers & Shakers: ULI taps Anthony Graziano as Southeast Florida chair 
Business

Movers & Shakers: ULI taps Anthony Graziano as Southeast Florida chair 

July 22, 2024July 22, 2024

In the latest roundup of South Florida real estate hiring news, the Urban Land Institute tapped Integra Realty Resources CEO Anthony Graziano to serve as

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Structure Capital drops M for Cooper City plaza, as South Florida retail deals flow
Business

Structure Capital drops $19M for Cooper City plaza, as South Florida retail deals flow

July 17, 2024July 17, 2024

Diversified Realty Development sold the majority of the retail space at the Shoppes at Monterra Commons in Cooper City for $18.5 million, as South Florida

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