News - Miami

  • 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.

    19 September 2018 17:47
  • 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.

    12 September 2018 14:42
  • 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.

    07 September 2018 13:51
  • 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.

    29 August 2018 10:44
  • 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.

    28 August 2018 06:43
  • 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. 

    21 August 2018 13:56
  • Cushman & Wakefield Arranges $60M Miami Sale

    Advenir acquired the value-add Vista Verde at Westchester, which includes 302 units. The community is located near Florida International University.

    20 August 2018 13:46
  • South FL Asset Lands Freddie Mac Refi

    HFF originated the new $22 million financing package, replacing a previous, floating-rate CMBS loan of $17 million taken in 2015.

    17 August 2018 12:06
  • Miami Community Lands $36M Refi

    Miami Stadium Apartments, the former site of the Miami Marlins minor league stadium, was converted to multifamily housing in 2002 and offers a fitness center, a playground and a swimming pool.

    16 August 2018 13:13
  • A Look Inside PMG’s X Social Communities

    Principal Ryan Shear spoke to MHN about the strategy behind the company’s new housing division, projects underway and the unique features of these modern homes.

    14 August 2018 14:27
  • JV Tops Off Miami Tower

    PARAMOUNT Ventures and CoastalTishman's luxury condo asset, situated within the 27-acre, mixed-use Miami Worldcenter development, comprises 500 units and offers access to various amenities, including a yoga studio, an observatory and a dog park.

    06 August 2018 16:46
  • Construction Surge Dilutes Rent Growth in Miami

    Following another record-breaking year for multifamily deliveries, the metro is on the verge of oversupply. As new units add up to the existing stock, we expect rents to rise 3 percent in 2018.

    06 August 2018 13:36
  • Berkadia Secures FL Student Housing Sale

    The 200-unit community serves Florida Gulf Coast University. A joint venture between Coastal Ridge Real Estate and H. Katz Capital purchased the asset.

    27 July 2018 17:07
  • EJV Buys Vintage Property in FL

    American Landmark purchased a 316-unit community in an equity joint venture with RSE Capital. The new ownership will invest an additional $3.5 million to bring the building to contemporary standards.

    23 July 2018 18:46
  • Miami Asset Commands Record Per-Unit Price

    Colliers International South Florida's Gerard Yetming, Mika Mattingly, Mitash Kripalani and Julian Zuniga represented the seller in the deal and also procured the buyer. The sale price breaks down to $228,750 per unit.

    19 July 2018 13:35