Finance & Investment - Miami

  • Cushman & Wakefield Arranges $60M Miami Sale

    Advenir acquired the value-add Vista Verde at Westchester, which includes 302 units. The community is located near Florida International University.

    20 August 2018 13:46
  • South FL Asset Lands Freddie Mac Refi

    HFF originated the new $22 million financing package, replacing a previous, floating-rate CMBS loan of $17 million taken in 2015.

    17 August 2018 12:06
  • Miami Community Lands $36M Refi

    Miami Stadium Apartments, the former site of the Miami Marlins minor league stadium, was converted to multifamily housing in 2002 and offers a fitness center, a playground and a swimming pool.

    16 August 2018 13:13
  • Miami Asset Commands Record Per-Unit Price

    Colliers International South Florida's Gerard Yetming, Mika Mattingly, Mitash Kripalani and Julian Zuniga represented the seller in the deal and also procured the buyer. The sale price breaks down to $228,750 per unit.

    19 July 2018 13:35
  • Climate Change and Multifamily Values: A Warning from Florida

    Post-hurricane patterns in Miami and other investor favorites suggest that pricing will suffer as storms increase in frequency and severity.

    11 July 2018 14:29
  • A Lender’s View: South Florida Development Going Strong

    Although creditors are starting to grow cautious due to the current real estate cycle, developers in the Sunshine State continue to secure construction financing in a market showing no signs of a slowdown.

    11 July 2018 11:23
  • Franklin Street Facilitates $2M Miami Sale

    Oscar Banegas, Kameron Djamal and Dan Dratch represented the seller in this transaction. Director of Capital Advisors Tony Gannacone secured financing for Sabal Capital Royal Palms Apartments.

    27 June 2018 13:46
  • South FL Value-Add Property Sells for $44M

    ARA Newmark’s Vice Chairmen Avery Klann and Hampton Beebe, together with Director Jonathan Senn, worked on behalf of the seller in the transaction.

    26 June 2018 14:26
  • Melo Group Scores $85M Financing for Residential Towers

    Ocean Bank provided the funding for construction of a residential complex comprising two 34-story towers and 667 units in the heart of downtown Miami.

    07 June 2018 19:00
  • Stockbridge Snags $120M FL Community

    Walker & Dunlop represented HG Management in its disposition of The Quaye at Wellington, one of the highest per-unit sales for a garden-style community in Florida.

    14 May 2018 18:06
  • Miami Beach Condo Project Receives $137M Loan

    Kasowitz Benson Torres’ Douglas Heitner, Erik Nygaard and Albert Delgado represented JDS Development Group in the transaction. Jerold Feuerstein of Kriss & Feuerstein worked on behalf of the borrower, Madison Realty Capital.

    25 April 2018 19:42
  • South FL Condo Project Lands $17M Loan

    The proceeds of the mortgage will finance construction of the luxury community. Site work is underway, with the property scheduled to open by the end of 2018.

    24 April 2018 12:10
  • Miami Luxury Development Receives $58M Loan

    Estate Investment Group secured the construction financing through Florida Community Bank. The community dubbed Soleste Twenty2 is slated for delivery in mid-2019.

    20 April 2018 14:00
  • Miami-Area Community Receives $32M Take-Out Loan

    Berkadia arranged the 12-year loan through Fannie Mae. The community, completed in 2017, is located near the Ronald Reagan Turnpike and Homestead Air Reserve Base.

    12 April 2018 15:27
  • FL Townhome Development Lands $7M Loan

    RARE CRE secured financing for the construction of The Preserve at Hypoluxo, a 44-unit upscale community in Lantana, that includes a retail component.

    03 April 2018 16:33