Miami
Miami Beach Community Lands $5M Loan
Eastern Union Funding arranged the financing for the acquisition and conversion of a 12-unit building into 18 short-term rental apartments. BridgeInvest provided the loan.
South Florida Beachfront Ultra-Luxury Condo Gets $558M
The Estates at Acqualina received the construction financing from Bank OZK, allowing The Trump Group to continue development of the $1.5 billion oceanfront condo tower project in Sunny Isles Beach.
On the Market: 5 Interesting Listings for the Week of 10/1
This week’s listings include a recently renovated community across the street from the University of Miami; an historic five-story building in downtown New Britain, Conn.; and a Spanish Colonial Revival-style property in West Hollywood, Calif.
Miami’s $425M Project: Where Urban Living Meets the River
UrbanX Group’s Andrew Hellinger reveals the details behind one of Miami’s hottest projects: River Landing Shops and Residences, located on the Miami River.
IPA Arranges $23M Sale of FL Lakefront Development Site
Marcus & Millichap worked on behalf of the seller. The new owner intends to break ground next year on a luxury senior living community.
Cushman & Wakefield to Market Luxury Fort Lauderdale Property
Working on behalf of developer and owner Alliance Residential, the firm will find a buyer for the 394-unit Broadstone Harbor Beach, which offers amenities such as a movie theater and a yoga studio.
On the Market: 5 Interesting Listings for the Week of 9/17
This week’s roundup includes a luxury high-rise in the heart of Miami, a student housing opportunity in Baltimore and an adaptive-reuse property in the Richmond area, among others.
PMG Miami Community Lands $106M Refi
The 464-unit property, which offers apartments as well as bedrooms for rent, started construction in mid-2016 and recently opened its doors.
Berkadia Arranges $46M Loan for Miami Residential Tower
Charles Foschini and Christopher Apone of the firm’s South Florida office arranged the three-year term loan, representing the buyer. The waterfront tower sits along the Miami River.
Coral Gables Luxury Condo Opens Its Doors
The 33-unit Giralda Place Residences is part of a mixed-use development combining residences, ground-floor retail and office space in downtown Coral Gables.