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Coral Gables Office Complex Sells For $76 Million

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The 473,214-square-foot Columbus Center, located at 1 Alhambra Plaza, was sold by court-appointed receiver Chris Neilson to Alhambra Acquisition LLC, an affiliate of Tourmaline Capital Partners.

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New Class A Boutique Office Slated For Merrick Park

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The office with retail component including a rooftop venue will bring sophisticated work/play experiences to Coral Gables’ Merrick Park district. Groundbreaking is scheduled for Q4 2023 with completion in 2025.

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Banesco USA Provides $18 Million Construction Loan To Biltmore Development For New Gables Project

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The construction of the project has commenced with an estimated completion in December 2024.

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Banesco USA Provides $30 Million Mortgage Loan To Rok Lending

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The Rok organization has maintained a strong national real estate presence for more than 50 years, with notable accomplishments ranging from being a major stockholder of a local community bank in South Florida to purchasing more than $700 million of distressed debt from 2008 to 2013.

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ABANCA USA and BANESCO USA Agree On $17.5 Million Syndicated Loan To Finance Countyline Apartments

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The project will have a total cost of $25.4 million, consisting of a pair of five-story apartment buildings spread between 3.5 acres of land on the border of Miami-Dade and Broward County.

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