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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.

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Brookfield Asset Management Buys 145,000-SF Off-Market Warehouse In Doral

CBRE Senior Vice President Larry Genet, Executive Vice President Tom O’Loughlin , Executive Vice President Jose Lobón, Vice Chairman Christian Lee and Senior Associate Jake Zebede represented Brookfield Asset Management in the purchase

Largest Mixed-Use Development In Miami’s Historic Overtown Neighborhood In Decades Begins To Take Shape

The project will comprise 250,000 square feet of retail and 578 affordable senior housing units. Retail tenants Include Target, Aldi, Ross, Five Below and more.

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Butters Helps Create A Pathway For Diversity And Inclusion In CRE

Miami Herbert has partnered with Project Destined to award two full scholarships funded in part by its Real Estate Advisory Board to Project Destined students, an effort spearheaded by Manny de Zarraga, Executive Managing Director, Investment Sales Advisory Platform Leader with JLL; Malcolm Butters, CEO of Butters; and Jackie Mansfield, principal developer at Tricap.

National Home Builder Closes On First Phase Of 300-Lot Subdivision In Fort Pierce

Reese Stigliano, President of Stigliano Commercial Real Estate, represented the sellers, Neill Farms FP, LLC.

Broward County Multifamily Sale Yields $61.5 Million Profit In Just 4 Years

HGI purchased the property in 2017 for $158.5 million and upon acquisition invested an additional $2.65 million in interior maintenance and upgrades.

Rilea Group Closes On Development Site In Wynwood For $22 Million As Location For 225-Unit Rental Community

Gridline Properties’ brokers Alfredo Riascos and Yonatan Missika represented Rilea Group in the off market transaction located at 56 NE 29th Street.

JV Acquires Circa 39 Hotel In Miami Beach

The 97-key boutique hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S.