NAI Miami Brokers Sale Of Medley Industrial Site
The property was acquired by Miami-based structural shell contractor Tekton Construction Corporation.
North Miami Apartment Complex Lands Florida’s Largest-Ever HUD Loan
The financing is reportedly the largest HUD loan issued in Florida, as well as the largest multifamily loan approved by HUD’s Southeast regional office and the biggest HUD transaction completed by Dwight Capital.
Longpoint Partners Acquires Fully Leased Medley Warehouse Portfolio For $264 PSF
Longpoint was represented by Jose Sasson-Lerner and Roberto Susi of Axiom Capital Advisors. Ralph Merritt of Commercial Property Group represented the seller in the off-market transaction.
Creator Marketing Platform To Open 10,000-SF Headquarters In Wynwood
Scheduled to open in August, the 10,000-square-foot space will serve as the company’s operational and creative hub as the company continues to expand. Close to 20 employees have relocated from Baltimore to support the company’s next phase of growth. The company also plans to hire between 30-60 additional full-time Miami-based employees over the next year.
CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
$111M Construction Loan Secured For Edgewater Multifamily Development
JLL represented the borrower in securing the three-year loan through S3 Capital.
Cushman & Wakefield Reps Seller In Sale Of Martin Downs Town Center In Palm City
Cushman & Wakefield’s Stuart Duffin, SIOR, CCIM, and JJ Sanguily represented the seller in the transaction.
Vision Marine Lines Up Fort Lauderdale Property Sale As Part Of Florida Real Estate Consolidation
Vision Marine Technologies expects three pending Florida property sales to generate about $13.1 million in gross proceeds as the company consolidates operations around its Dania Beach and Fort Lauderdale waterfront platform.
Kurv Industrial Appoints Gian Rodriguez As Market Officer, Miami
“This is truly a full-circle moment for me,” said Rodriguez. “To think I was part of the original industrial team that helped with the land assemblage, marketing, and leasing of Kurv’s first Miami-Dade assets more than a decade ago, to now leading the firm’s Miami market, I feel like I’ve come home.”
Cushman & Wakefield’s Virgilio Fernandez Represents Buyer In $22M Off-Market Acquisition
At approximately $90,000 per unit, the site’s per-unit pricing is the highest ever paid for a South Miami development site.