Finance & Investment - Miami

  • Miami Luxury Community Lands $102M Loan

    Canyon Partners Real Estate LLC has teamed up again with ECI Group, providing a $102.3 million loan for the recapitalization of a two-tower luxury Miami community.

    05 January 2018 18:00
  • 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
  • Development Partners Obtain $27M for Miami Tower

    MEC Development Associates and B Developments are constructing Casa Grove, a 130-unit community set to be complete in 2019.

    21 December 2017 20:11
  • Keys to a Successful Development Strategy

    BTI Managing Partner Noah Breakstone reveals how the company finds financing for its developments in Florida and the southeastern United States, and what he expects from the year ahead.

    20 December 2017 14:44
  • 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
  • Hunt Secures Fannie Mae Loans for 2 FL Communities

    The two affordable properties comprise a total of 85 units. The loans closed by Hunt Mortgage Group add up to $4.1 million.

    21 November 2017 16:01
  • 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
  • Developer Secures $17M Tranche for Waterfront Miami Tower

    Vertical construction of the 57-floor condo building is set to begin in the first quarter of 2018, with completion estimated for 2019.

    10 October 2017 08:25
  • 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
  • JV Secures $155M for Miami Condos

    Terra, New Valley, Great Eagle Holdings and Bizzi & Partners secured the construction financing for Eighty Seven Park, a 66-unit tower featuring luxury amenities such as a butler service, juice bar and full-time botanist.

    06 September 2017 15:25
  • Related Lands $52M for FL Community

    JP Morgan arranged the construction loan for Town Southern, located in Royal Palm Beach. The 392-unit community is scheduled for completion in 2018.

    29 August 2017 15:23