Avison Young Closes Court-Ordered $70.5M Sale Of Biscayne 85
The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.
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.
First State Bank Announces South Florida Expansion With Addition Of Experienced Commercial Lender
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.
Mast Capital, Starwood Capital Group Secure $400 Million Construction Loan For Ultra-Luxury Condominium
Currently starting at just over $10 million, over 75% of residences are already sold.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
South Florida’s Affordable Housing Fight Heats Up With Broward’s First Live Local Act Lawsuit
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.
JLL Appoints New South Florida Market Leader
He will replace former market lead Rod Barnes, who retired in December after a successful 15-year tenure at JLL.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Berkadia Secures $63.5M Loan To Refinance Neology’s Miami Apartments
Charles J. Foschini, Christopher Apone, Lourdes Carranza-Alvarez and Shannon Wilson of Berkadia Miami secured the financing on behalf of the sponsors, Neology Development Group and American Opportunity Zone Advisors (AOZA).
Terra Secures $291M In Permanent Financing For Miami Mixed-Use Development
The first phase of the project includes a total of 350,000 square feet of revamped and newly built retail space, along with three 8-story multifamily buildings with 470 market-rate apartments.