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
Tag: Financing
The Weekly Dirt: Despite slowdown, South Florida is still the “it” real estate market
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
The Weekly Dirt: What to know about the South Florida market before TRD’s Miami forum
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
Morgan, Carlyle land $67M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot
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
MG Developer’s pipeline grows after landing $15M for Coral Gables condo project
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,
Blackstone subsidiary nabs $95M loan for Medley industrial complex
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
Affiliated scores $50M construction loan for West Palm multifamily project
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
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,
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
Naftali scores $35M loan for planned Miami Worldcenter high-rise
Naftali Group secured a $35 million pre-development loan for its mixed-use condo and rental tower at Miami Worldcenter. The New York-based developer obtained the financing