1+ day, 15+ hour ago   (201+ words) Longpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres. The buildings average about 73,000 square feet with clear heights ranging…...

1+ week, 2+ day ago   (311+ words) Rockpoint and Newbond Holdings have paid $47.1 million for an oceanfront resort in Fort Lauderdale, Fla., property records show. Called Hotel Maren Fort Lauderdale Beach, the property features 141 rooms at 525 South Fort Lauderdale Beach Boulevard, adjacent to Seebreeze Boulevard, south of…...

1+ week, 4+ day ago   (225+ words) The continued strength of Commercial Property Assessed Clean Energy (C-PACE) debt as a construction financing tool has made a big splash in South Florida. Miami developer Shoma Group has landed a $172.5 million C-PACE loan from Nuveen Green Capital to develop…...

1+ week, 5+ day ago   (281+ words) Development and investment firm Gatsby Florida has secured a $118.6 million loan from Cirrus Real Estate Partners to build a speculative luxury office complex in Palm Beach Gardens, Fla., Commercial Observer has learned. Called The Palm, the eight-story development will feature…...

1+ week, 5+ day ago   (307+ words) Adi Chugh’s Tyko Capital has docked money in West Palm Beach waters for Integra Investment’s new marina project. The firm provided a $322 million acquisition and construction loan to Integra for Safe Harbor Rybovich, a 15-acre marina at 4200 North Flagler Drive…...

2+ week, 5+ day ago   (221+ words) Banyan Street Capital and Independencia Asset Management have nabbed $53.5 million to refinance an office complex in Doral, Fla. Wells Fargo provided the financing that backs the 290,000-square-foot Doral Center property. The 10.8-acre campus includes two buildings — one rising six stories…...

3+ week, 1+ day ago   (184+ words) Alta Developers sold off a retail condo near the Miami Design District for $17.3 million, property records show. JBL Asset Management purchased the 25,504-square-foot asset on the ground floor of the Quadro condo building. The property at 3900 Biscayne Boulevard faces train…...

3+ week, 2+ day ago   (259+ words) Just a year after buying a boutique office building in Miami’s coveted Coconut Grove neighborhood, Azora Private Solutions and Vizcaya Capital sold it for a nearly $15 million gain. The five-story property at 3250 Mary Street, called the Grove at 3250 Mary, sold…...

3+ week, 3+ day ago   (310+ words) Finmarc Management has acquired a pair of office towers in Tysons, Va., for $77.5 million as the company begins another wave of acquisitions while doubling down on office space in Northern Virginia. The Bethesda, Md.-based investment firm acquired Highline at Greensboro…...

3+ week, 4+ day ago   (588+ words) The wait was well worth it. A more than year-long process that began last summer when National Resources CEO Lynne Ward contacted Marty Berger, co-founder of Saber-Hightower, about selling a mixture of commercial real estate assets across the New York…...