Miami
Two Roads Development Taps Director of Sales for Miami Tower
Sandra Masis will be the link between Elysee’s developers and Cervera’s in-house sales team. Condo prices at the tower range from $1.5 million to upwards of $10 million.
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.
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.
Aztec Group Welcomes New Managing Director
Peter Mekras’ industry background includes more than $1.85 billion in closed sales and capital market transactions involving apartment communities, fractured condominiums, developed lots, land, retail and office space.
Melo Group Tops Off Miami Community
Square Station includes 710 units and 15,000 square feet of commercial space for ground-floor retail and restaurant tenants.
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.
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.
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.
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.