MG Developer Secures $23M Refi For Miami Airport Hotel
The transaction provides MG Developer with additional flexibility to advance future development plans on the property’s excess land.
MICL, Admire Capital Announce The Ritz-Carlton Residences, Fort Lauderdale Beach
The 13-story development will include 83 residences between the Atlantic Ocean and the Intracoastal Waterway, with homes starting at $2.5 million.
Sweetwater City Commission Approves Flagler Center District
The development is planned to include thousands of affordable and workforce housing units, several hundred thousand square feet of retail and office uses, and medical and institutional uses, with an economic impact in the billions of dollars.
Festival Logistics Park Breaks Ground On Iconic Pompano Beach Site
The project, which is expected to deliver in the fourth quarter of 2026, will offer approximately 485,000 square feet of Class A industrial space across three buildings.
Coral Gables Condo Secures $60 Million Construction Loan
The 117-unit community is a rarity for any new development in or around Coral Gables, with most residences priced under $1 million.
Cushman & Wakefield Represents Denholtz In $34.5 Million Office Sale
The two buildings total 157,510 square feet and are 87.6% leased.
Newmark Names Executive Managing Director In Miami
He brings more than two decades of institutional experience across leasing, investment and advisory services, having overseen over $4 billion in transactions involving more than 7 million square feet of office assets across Florida’s major markets.
CRE-sources’ Top 5 Most Popular Stories This Week
Read on for the most popular news headlines this past week on CRE-sources.
Just Closed: Record-Breaking Coconut Grove Office Sale
The prime Coconut Grove asset traded for $61 million, achieving a record-breaking price of more than $1,100 per square foot.
Healthcare Company Inks 50,000 SF In Boca Raton
This transaction brings the 420,525 square feet of rentable Class A office space at the project to nearly full occupancy.