Miami
Flex-Industrial Property Fetches High Figure of $134 PSF
A flex-industrial building on the western edge of the city of Sunrise was sold recently for what the broker defined as the high watermark price for this property type in 2015. Morris Southeast Group announced the sale worth $6.02 million and the company was the only broker involved in the transaction
TODAY’S DEALS: KeyBank Real Estate Capital Provides $215M in Senior Debt
KeyBank finances a 1,284-unit mixed-income housing community; Crown Bay Group completes its first Atlanta acquisition; and Faith Investment Properties closes three sales valued at $28 million.
TODAY’S DEALS: Fort Lauderdale Condo Site Sells for $10M
ARA Newmark brokers the sale of a condo site in Florida; TGM Associates completes a disposition in Jupiter, Fla.; and HFF brokers $70 million in joint venture equity.
Miami-Based Integra Closes on Former Bank Atlantic HQ for $21M
By Balazs Szekely, Associate Editor The former Bank Atlantic headquarters has changed hands for $21 million in the largest single-tenant vacant building sale in the Cypress Creek submarket in the last five years, according to Stiles Realty. The sales price equates to $113.51 per square foot. The seller, Branch Banking and Trust, was represented by […]
Renowned International Designer Launches First Miami Project
The man behind building for New York’s 1 percent has unveiled his first project in Miami.
TODAY’S DEALS: HFF Closes $80M Sale of Iconic Downtown Miami Development Site
HFF announced that it has closed the $80 million sale of a two-acre development site on Biscayne Boulevard.
Downtown Dadeland Signs New Retail Tenants
Downtown Dadeland has recently completed 33,000 square feet of new leases at its retail component. Five new tenants will join soon according to the new owners of the property.
TODAY’S DEALS: Canyon Capital Provides $124M Senior Construction Loan for Miami Development
Canyon Capital Realty Advisors has provided $123.6 million for a 57-story luxury residential condominium development in the heart of Miami’s Financial District; and NorthMarq Capital’s Seattle office finalizes two multifamily transactions totaling $52.709 million.
TODAY’S DEALS: Cohen Financial Secures $167.6M Construction Loan for Miami Development
Cohen Financial secures a $167.6 million construction loan for Muse in Sunny Isles located at 17141 Collins Avenue; and Meridian Capital arranges $32 million for two mixed-use properties in New York.