FRP Development Corp Acquires 24-Acre Site For New Class A Logistics Development In South Florida
The logistics project is expected to break ground later this year.
Marcus & Millichap Brokers Sale Of Miami Industrial Property
Nick Hassan, Jonathan De La Rosa and Eduardo Toledo of Marcus & Millichap exclusively marketed the property on behalf of the seller.
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JLL Capital Markets Completes Sale Of, Buyer Financing For Wellington Senior Living Facility
Alamar Senior Living offers 105 assisted living and 29 memory care units that are 96% occupied.
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.