Newmark Arranges $111 Million Construction Financing For Multifamily Development In Miami

The project will include 2,500 square feet of ground-floor retail, 380 parking spaces and a mix of studio to three-bedroom residences.

JLL’s Sky Groden Brokers $24 Million Sale Of 15 Acres In West Palm

Groden worked on behalf of the buyer, Jon Samuel of Midtown Group, in the sale from Realty Income. Palm Beach County has plans to occupy the property.

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

MMG Equity Partners Secures Site Plan Approval For Project With Affordable Housing Component In North Miami

This development is part of a strategic expansion of MMG’s portfolio into the residential sector. Widely regarded for its success in retail real estate, MMG is leveraging its expertise to create environments that seamlessly integrate commercial and residential uses.

Bridge Industrial Secures $77.55 Million In Permanent Financing For Bridge Point AVE In Miami

The loan was arranged by Steve Roth, Bill Jurjovec and team at CBRE’s Debt & Structured Finance group.

Genting Sells Downtown Miami Parcel In $20.9M Opportunity Zone Deal

The six-parcel assemblage forms a contiguous development site located in Miami’s Arts & Entertainment District. and is one of the last collections of undeveloped parcels in Miami’s urban core.

Berkadia Secures $92 Million Construction Loan For Grover Corlew’s New Multifamily Property In Fort Lauderdale

Grover Corlew anticipates immediately breaking ground with completion expected by May 2027.