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CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

ron osborne_bla00ck_photo courtesy of ron osborne 1800x600

Sperry – RJ Realty’s Ron Osborne Reps Seller And Buyer In Purchase Of Automotive Facility In Ft. Lauderdale

The property sold for $1,575,000.

Pinnacle Secures $49.9 Million For Affordable Housing Development In South Miami-Dade County

Financing for the development includes a $32.2 million tax credit equity from Bank of America; a $9.1 million conventional first mortgage loan from Berkadia/Freddie Mac; a subordinate $6 million Surtax loan from Miami-Dade County; and the balance with developer equity. 

FECR Leases Over 33,000 SF Of Commercial/Office Space At Panorama Tower

Florida East Coast Realty (FECR) is offering commercial/office space for lease at the building ranging from approximately 19,000 square feet on the 16th floor to 52,000 square feet on the 17th floor, with a contiguous block of ±72,000 square feet still available.

Colliers Names Former Tricera Capital Exec Brokerage Market Leader For South Florida

During his tenure as President and Head of Leasing at Tricera Capital, he was instrumental in developing and implementing the company’s institutional leasing platform, a testament to his ability to drive growth.

Oak Row Equities Acquires Prime Downtown Site Across From MiamiCentral Brightline Station For $38.5 Million

Oak Row Equities purchased the $38.5 million site off-market.

JLL’s Hotels & Hospitality Group Arranges $575M Financing For The Diplomat Beach Resort

JLL was also involved in the 2023 sale of the resort to Trinity and funds advised by UBS Asset Management, which represented the third largest single-asset hotel sale ever in the U.S. at the time.

$668 Million Financing For Miami’s First Supertall Tower Marks Largest Residential Condo Construction Loan In Florida’s History

The property is currently over 90 percent sold.

top 5 1800x600

CRE-sources’ Top 5 Most Popular Stories This Week

Here are the most popular news headlines this past week on CRE-sources.

$52.3M In Construction Financing Arranged Boynton Industrial Development

The project will consist of a Class A, two-building, variable-depth multi-tenant industrial development totaling 457,110 square feet situated on 30.78 acres.