Investor Raoul Thomas is having a hard time stemming the collapse of his commercial real estate portfolio. Recently, Thomas’ CGI Merchant Group lost its Coconut
Tag: Commercial
Nightingale’s lender takes over Miami Beach building tied to Elie Schwartz scandal
A lender for Nightingale Properties is the new owner of a Miami Beach building that played a leading role in the downfall of Nightingale CEO
Doug Levine cashes out of another Wynwood project, sells office condos for $24M
Crunch Fitness founder Doug Levine is burning more weight off his commercial portfolio in Miami’s Wynwood neighborhood. Levine, who leads Miami Beach-based Big Move Properties,
Targeting Broward industrial sites, Walton Street and Lincoln Property buy former Bang Energy HQ for $44M
Walton Street Capital and Lincoln Property Company are gunning for Broward County industrial sites, paying $43.7 million for a Weston warehouse four months after acquiring
Verizon leases at Waterford Business District after selling its HQ near Doral
Verizon will move its offices to the Waterford Business District near Miami International Airport, after selling its headquarters near Doral. The telecommunications firm leased 51,500
Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for $27M
Xebec Realty Investments is down to one warehouse project in Miami-Dade County after selling a Liberty City industrial property for $26.8 million. Dallas-based Xebec Realty,
Aby Rosen pulls another office building back from the brink
After a rough close to 2024, Aby Rosen is starting 2025 on a financing hot streak. RFR Holding recapitalized 475 Fifth Avenue in Midtown Manhattan
Lease roundup: Monarch, Tourmaline score Eastdil, Varonis and other office tenants in Brickell
Varonis, Eastdil Secured, more | Brickell Monarch Alternative Capital and Tourmaline Capital Partners scored five new leases and two renewals at their Brickell office tower.
Self-storage facility owner backed by Easton faces $22M foreclosure
A self-storage facility owner backed by Doral-based Easton Group is in danger of losing a seven-story warehouse in Miami’s Allapattah tied to a $22.1 million
IP Capital boosts industrial portfolio, paying $26M for its first Miami cold storage facility
IP Capital Partners boosted its industrial holdings in South Florida, acquiring a cold storage facility near Miami International Airport for $25.7 million. A JLL team