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ADMIN2023-09-12 21:08:112023-09-12 21:08:11Stiles, McHugh Top Off 39-Story NEMA Apartment Tower In Downtown MiamiFeatured News
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EML Realty Partners Announces Acquisition Of Two New Industrial Assets
“Both of these properties are a classic value add where current rents are below market, purchase price way below replacement cost, short-term leases and some capital improvements to maximize the increase in value,” added Levitt. “It is very hard to find value add industrial properties in Florida and we are looking forward to rolling up our sleeves to make this a great long-term investment.”

CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.

Sperry Commercial Global Affiliates | RJ Realty’s Ron Osborne Reps GCDC LLC In The Purchase Of Naranja Property
The transaction represents the sixth that Ron Osborne has completed with this buyer.
Other Industry News
Kenneth Krasnow Joins Cushman & Wakefield
Krasnow will be based in the firm’s Boca Raton office and specialize in providing advisory services for local public sector entities and higher education institutions.
JLL Completes Sale, Financing For Trophy Asset In Palm Beach County
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
Avison Young Closes Court-Ordered $70.5M Sale Of Biscayne 85
The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.
Codina Partners Closes On $124M Loan, Becomes Sole Owner Of Downtown Doral Residential Complex
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
Miami Beach Property Sale Breaks Florida Record
The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.
First State Bank Announces South Florida Expansion With Addition Of Experienced Commercial Lender
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.
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