Deals - Miami

  • Berkadia Secures Loan for $97M Florida Buy

    Robbins Electra sold the 542-unit property to Advenir. Freddie Mac originated the $80 million value-add, three-year loan.

    13 February 2018 15:33
  • Advenir Acquires $97M South FL Community

    Berkadia closed an $80 million Freddie Mac loan to fund both the acquisition and planned renovations of the 542-unit property.

    09 February 2018 15:53
  • Southeast FL Affordable Community Fetches $16M

    The CBRE team of Senior Vice Presidents Timothy Flint and Richard Tarquinio worked on behalf of the seller in the transaction.

    15 January 2018 16:44
  • Miami Worldcenter Lands Additional Financing

    The loan will be used to finance a portion of the project’s high street retail promenade as well as one of the primary parking garages.

    05 January 2018 16:41
  • Bay Harbor Island Development Site Commands $21M

    Colliers Senior Vice President Larry Stockton led the team that represented both the seller and the buyer in the transaction.

    29 November 2017 08:45
  • TA Realty Pays $135M for South Florida Community

    The Related Group and its partners sold the property, which is part of the 55-acre CityPlace Doral development in the Miami area.

    06 November 2017 15:48
  • Newly Built FL Community Lands $43M Refi

    The new loan assumes part of the original construction loan and provides additional financing to cover the stabilization of the property. Berkadia arranged the deal on behalf of the borrower.

    01 November 2017 14:59
  • Meridian Secures $24M Refi for Miami Asset

    Originated by a New York-based balance sheet lender, the fixed-rate mortgage features a seven-year term and a rate of 3.75 percent. Meridian worked on behalf of the owner, PMC Property Group.

    27 October 2017 12:47
  • Waterton Acquires Miami Community for $59M

    Soleste West Gables Phase II is an eight-story, 221-unit Class A apartment community in West Miami, Fla. The company secured the property from a joint venture of Estate Investments Group, Fortune Capital Partners and the Mattoni Group.

    24 October 2017 16:32
  • Colliers Facilitates FL Affordable Housing Deal

    Colliers Senior Vice President Kevin Morris and Senior Broker Associate Michael Lewin worked on behalf of 1031 exchange buyer Steve Schneider. Palm Lakes Trailer Park, a 120-unit mobile home property in Miami, traded for $6.3 million.

    09 October 2017 18:05
  • CBRE Brokers Sale of Ft. Lauderdale-Area Community

    Still Hunter and Chris Smiles of CBRE’s South Florida Multifamily Capital Markets team worked on behalf of the seller in the transaction, while Freddie Mac originated the acquisition financing.

    20 September 2017 17:02
  • Miami Community Commands $37M

    Evan Kristol and Felipe Echarte of Marcus and Millichap’s investment team worked on behalf of the private seller to procure the buyer, Blue Rock Partners, for the transaction.

    15 September 2017 17:02
  • Luxury FL Community Sells for $118M

    Walker & Dunlop closed the investment sale for The Quaye at Palm Beach Gardens. The company worked on behalf of HG Management and PGIM Real Estate to purchase the community in July.

    21 August 2017 17:08
  • TH Real Estate Picks Up 228-Unit FL Community

    The Nuveen affiliate acquired The Atlantic at East Delray in Delray Beach for $54.3 million. An ARA Newmark team represented the seller in this transaction, a joint venture between Pollack Shores and its equity partner.

    21 August 2017 15:13
  • CBRE Closes Sale of Ft. Lauderdale-Area Community

    The affordable apartment complex boasts various community amenities including an outdoor swimming pool, sun decks and a fully equipped fitness center.

    01 August 2017 17:17