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Tag: Financing

Estate scores 0M refi for North Miami Beach apartment tower, as financing continues to flow 
Business

Estate scores $110M refi for North Miami Beach apartment tower, as financing continues to flow 

November 13, 2024November 13, 2024

Estate Companies landed a $110 million refinancing for its completed North Miami Beach apartment tower.  Los Angeles-based Ares Management provided the refinancing for the 23-story

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Fort Partners nabs 1M construction loan for oceanfront Surfside condos
Business

Fort Partners nabs $111M construction loan for oceanfront Surfside condos

November 12, 2024November 12, 2024

Fort Partners is forging ahead with plans for another oceanfront condo development in Surfside.  The Fort Lauderdale-based firm, led by Nadim Ashi, secured a $110.7

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The Weekly Dirt: Despite slowdown, South Florida is still the “it” real estate market
Business

The Weekly Dirt: Despite slowdown, South Florida is still the “it” real estate market

November 10, 2024November 10, 2024

South Florida is still the place to be, despite some distress, a slowdown in deal volume, the high cost of development and more.  That’s the

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The Weekly Dirt: What to know about the South Florida market before TRD’s Miami forum
Business

The Weekly Dirt: What to know about the South Florida market before TRD’s Miami forum

November 3, 2024November 3, 2024

Consider this your guide to sounding smart at The Real Deal’s South Florida Forum this week. And if you’re not going, here’s the lowdown on

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Morgan, Carlyle land M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot
Business

Morgan, Carlyle land $67M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot

October 28, 2024October 28, 2024

Morgan Group and Carlyle Group landed a $67 million loan for the redevelopment of a closed Macy’s and adjacent lot in Pompano Beach, where the

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MG Developer’s pipeline grows after landing M for Coral Gables condo project
Business

MG Developer’s pipeline grows after landing $15M for Coral Gables condo project

October 14, 2024October 14, 2024

MG Developer nabbed a $14.5 million loan for pre-development costs associated with a planned Coral Gables boutique condominium project. Three New Tork-based lenders, H Equities,

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Blackstone subsidiary nabs M loan for Medley industrial complex
Business

Blackstone subsidiary nabs $95M loan for Medley industrial complex

September 20, 2024September 20, 2024

Link Logistics secured a $95 million loan for a quartet of recently completed warehouses in Medley. An affiliate of New York-based GID provided the loan

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Affiliated scores M construction loan for West Palm multifamily project
Business

Affiliated scores $50M construction loan for West Palm multifamily project

August 30, 2024August 30, 2024

Affiliated Development started construction of a planned West Palm Beach apartment building after nabbing a $50 million loan. Bank of Montreal provided the financing for

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Blue Suede nabs M loan to update two Miami Beach hotels and apartment building
Business

Blue Suede nabs $27M loan to update two Miami Beach hotels and apartment building

August 23, 2024August 23, 2024

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,

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Miami International Mall’s market value plummets to 9M
Business

Miami International Mall’s market value plummets to $159M

August 20, 2024August 20, 2024

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

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