Codina Partners Closes On $124M Loan, Becomes Sole Owner Of Downtown Doral Residential Complex
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.
This partnership will allow Bridge and CPP Investments to target high-quality industrial properties in key markets, as retailers compete for faster shipping times despite increasingly limited space for new warehouse construction.
Currently starting at just over $10 million, over 75% of residences are already sold.
Here are the most popular news headlines this past week on CRE-sources.
The 72,866-square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in the region.
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
On January 10, a developer filed Broward County’s first lawsuit under the Act, after the City of Hollywood blocked a proposed 17-story mixed-use development that would bring affordable housing to Hollywood Beach.
This exciting new destination is set to open in early 2026 and will offer a mix of indoor and outdoor dining, entertainment, and year-round activations to enhance the fan experience.
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