Miami
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.
Kolter Urban Tops Off Palm Beach Luxury Condo Tower
The 48-unit project dubbed 5000 North Ocean is scheduled for delivery in the fall of 2019. KAST Construction serves as general contractor.
Gables Residential Adds 200 Units to Miami Luxury Supply
Gables Columbus Center is a 19-story community in downtown Coral Gables, Fla. Monthly rents here start at $2,306 per month.
Walker & Dunlop Facilitates $37M South Florida Transaction
Managing Directors Roberto Pesant and Chris Conklin, together with Senior Analyst Omar Morales of Walker & Dunlop Investment Sales represented the seller, Principal Real Estate Investors.
Luxury Miami Tower Lands $138M Financing
Walker & Dunlop arranged the construction loan on behalf of the developer, Two Roads Development. The 100-unit Elysee broke ground in 2017 and is scheduled for completion by 2020.