JLL Capital Markets Arranges $219.9M Recap For Suburban Miami Multi-Housing Community
JLL simultaneously arranged a $65.8 million preferred equity investment from Pensam.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
Cymbal DLT Companies Secures $95 Million Loan For Dania Beach Multifamily Complex
Within 29 months of groundbreaking, Cymbal DLT paid off its $60.3 million construction loan to 3650 REIT and distributed to their equity investors over a 130% return.
Avison Young Sells Former Miami INS Building In $23M Court-Ordered Transaction
Avison Young Principals Michael T. Fay, Jay Ziv, John K. Crotty, David Duckworth, and Brian C. de la Fé completed the sale.
79-Acre Campus Up For Sale
The listing, which is being handled by CBRE Senior Vice President David Wigoda, says the property offers a turnkey solution for a corporate buyer or it could be redeveloped for office, industrial, retail, hotel or multifamily uses.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
CRE-sources’ Top 5 Most Popular Stories This Week
Here are the most popular news headlines this past week on CRE-sources.
223-Acre Mixed Use Development Coming To Pompano Beach
The 223-acre project will feature 1.3 million square feet of retail and entertainment space, 4,000 luxury residential units, two hotels, and 1.35 million square feet of Class A office space.
Berkadia Arranges Refi For FATVillage Rentals
“This asset is a unique rental loft unlike any other rental property, with high ceilings and an open layout, and excellent Opportunity Zone location,” said Williamson. “Berkadia was able to structure fixed-rate debt with full-term interest-only to mirror the sponsor’s business plan. The Forge Lofts are a great addition to this growing neighborhood.”
Alpine Townhomes Secures $45.2M Refi From Regions Bank For Workforce Housing Community In Opa-locka
Opa-locka and North Dade overall are enjoying an influx of new residents, as workers move north in search of housing and other resources that are less expensive.