Deals - Miami

  • 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
  • Boca Raton Development Site Commands $17M

    One of the last developable waterfront parcels in east Boca Raton was approved for a low-rise, luxury residential condominium project.

    27 July 2017 18:12
  • Advenir Scores $52M for FL Luxury Apartments

    Berkadia arranged Freddie Mac financing for the purchase of Aventine at Naples, a 350-unit luxury community that is currently 89 percent occupied.

    25 July 2017 15:15
  • Marcus & Millichap Facilitates $30M Sale of Affordable FL Asset

    Evan Kristol and Felipe Echarte, first vice presidents of investment, represented the seller, a New York-based investment group, and procured the buyer for Cabana Club Apartments, a 332-unit community for seniors in Miami-Dade County.

    21 July 2017 14:55
  • TruAmerica Makes 3rd FL Investment

    The company purchased the metro Miami community from a joint venture of Robbins Electra and LEM Capital. It plans on making significant upgrades to all unit interiors as well as amenity spaces.

    06 July 2017 15:21
  • Canadian Developer Lands $50M Florida Community

    Cushman & Wakefield negotiated the sale of Cottage Cove, a 468-unit asset in Miami, Fla., on behalf of TM Real Estate Group.

    19 June 2017 21:16
  • South FL Community Trades in $27M Deal

    Cushman & Wakefield’s team worked on behalf of the seller, a joint venture between Eastwind Development and Index Apartments, in the 1031 exchange of the asset.

    13 June 2017 14:04
  • Passco Shells Out $54M for Florida Community

    The buyer worked with a mortgage group to secure a 10-year acquisition financing for the deal.

    04 May 2017 13:48