MG Developer Announces Acquisition Of New Parcel To Build Exclusive Luxury Condominium Community

The new mixed-use apartment community named Alhambra Parc will feature 33-units and retail on the ground floor.

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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.

New Downtown Miami Megaplex Breaks Ground

The mega complex features a 316-key Hilton Miami Bayfront Hotel with endless amenity and entertainment areas, 163 Sky Residences with exclusive owners-only amenities, 236 Short-Term Rental Residences powered by Hilton Hotels & Resorts, and 64,000 square feet of ‘Class A’ office space.

Berger Commercial Realty’s Steve Hyatt Negotiates $7.2 Million Sale Of Fort Lauderdale Development Site

“This sale continues the trend of the purchase of land or buildings on Federal Highway and Sunrise Boulevard for redevelopment spreading north from downtown and The Flagler Village area,” commented Hyatt.

Manufacturing Building In Pompano Beach Sells For $25 Million

Senior Managing Director Sal Bonsignore and Executive Managing Director Rod Loschiavo of Colliers South Florida, represented the seller in the transaction with First Industrial Realty Trust.

Miami Investor Purchases Broward Retail Center For $31 Million

Quickly rising interest rates accelerated the loan closing as the lender was only willing to hold a very favorable rate for a short period of time. The loan also included additional funding for the development of a vacant outparcel located on the site.