Berkadia Secures $114.3M Loan To Refinance RIVANI In Miami Beach
The refinancing follows RIVANI’s approximately $38 million transformation of the 165,170-square-foot property.
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The refinancing follows RIVANI’s approximately $38 million transformation of the 165,170-square-foot property.
A recently acquired collection of small-bay industrial properties near Miami International Airport has secured significant acquisition financing, underscoring continued institutional interest in one of South Florida’s tightest industrial submarkets.
The renewals add to the more than 225,000 square feet of healthcare-related lease renewals completed so far in 2026.
A six-acre property in Fort Lauderdale’s Cypress Creek area is being considered for a zoning change that could open the door to a significant multifamily redevelopment near I-95.
The 60-story tower will feature 183 residences, including four signature penthouses, and more than 300 feet of frontage along the Miami River.
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals.
The $38.2 million sale represents one of the largest commercial transactions ever in Delray Beach.
The landmark transaction is the largest grocery-anchored shopping center sale in northern Palm Beach County in more than five years.
The site comprises 50,000 square feet of retail across three buildings, along with a 60,000-square-foot, three-story self-storage facility.
The suburban, campus style, professional and medical office complex totals 254,015 square feet.
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