Brickell City Centre sells nearly $500M in condos
Swire Properties, developer of the Brickell City Centre mega-project, just announced condo sales at the project have reached nearly half a billion dollars. The announcement is a major milestone for the $1.05 billion project, which broke ground in 2012 and is aiming to finish its…
Giralda Place in Coral Gables scores $25M construction loan
The developers of a mixed-use project in downtown Coral Gables closed on a $25 million construction loan, records show. Giralda Place, a 33-unit development at 2222 Ponce de Leon Boulevard, broke ground earlier this month. The developer, Giralda PB LLC…
Downtown Miami Expected To Be America’s Fourth Fastest-Growing Neighborhood Over Next Five Years
A new report from Realtor.com looked at projections of job creation, household formation, new construction and expected growth nationwide.
Stiles Takes Major Steps in Executive Leadership Succession Plan
Ken Stiles and Scott MacLaren Appointed Co-CEO and President, Respectively; Doug Eagon Transitions to Vice Chairman.
Forman Capital, Trez Capital Launch New Lending Group
Forman Capital LLC, a Boynton Beach, Florida-based direct lender to middle-market commercial real estate clients, and Trez Capital Group LP, one of Canada’s largest private, short-term bridge loan lenders, have together launched Trez Forman Capital Group LP. Trez Forman will focus on expanding a…
Somehow Miami Ranked 11th Nationally in Transit
Most Miami residents have “public transit” among their biggest complaints. Yet, according to research by AllTransit, the Magic City ranks 11th in the nation in transit among cities with a population of over 250,000, receiving a “Performance Score” of 8.6 (out of 10).
Blackstone now owns more than $100B in real estate
The Blackstone Group’s real estate division passed the $100 billion mark in assets under management in the first quarter, while its earnings recovered slightly from a dip at the end of 2015. The fund manager earned $457.2 million in…
Going long on the human economy
From the April issue: What keeps that permanent smile on the face of Ryan Shear? Some might say it’s his low-key upbringing in Miami’s Coconut Grove. But it could also be the collection of humble beginnings and a focused awareness of current trends that has helped him become…
An inside look at Wynwood’s boom: report
Wynwood is arguably one of the fastest changing Miami neighborhoods in recent years, and a new Florida International University report shows how the historically working class and industrial area has become an arts district dominated by the middle class. From 2000 to
Spider reveals “25” condo tower in Edgewater
Edgewater is getting another condo tower. Spider expects to break ground on “25,” a 93-unit condo tower on Northeast 25th Street, by the end of 2016, a spokesperson confirmed to The Real Deal. Spider Principal Andres Goldenberg “25” will sit on…
13,000 SF Found for Sign Supply Company
Timothy Merriman, Jr. negotiated the five-year deal on behalf of the tenant.
First Tenant Landed at Airport North Logistics Park, Inks 106,000-SF Lease Deal
Wayne Ramoski and Gian Rodriguez with Cushman & Wakefield, along with Juan Ruiz with Blanca Commercial Real Estate negotiated the deal.
Florida CCIM Chapter Honors New Miami-Dade/Monroe County CCIM Designees
Carlos A. Diez and Dessiree Kane were among 149 industry professionals who recently earned the CCIM designation.
Triarch Capital Acquires Doral Costa Office Park
TA Realty sold the three-building Doral Costa Office Park at 9800-9850 NW 41st St.and 4090 NW 97th Ave. in Miami, FL to Triarch Capital Group LLC for $73.75 million, or approximately $259 per square foot. Delivered in 2001, the class A office buildings total 291,140 square feet on 17.8 acres in …
Neutralogistics Leases 106,000 SF in Medley
Neutralogistics Distribution LLC, a full-service logistics company specializing in freight management, imports, exports, trucking, warehousing distribution and brokerage, negotiated a five-year lease for 105,920 square feet in the industrial facility at 8502 NW 80th St. in Medley, FL.
Inside Look: The Surf Club’s Joseph Dirand-Designed Cabanas
The Four Seasons Surf Club Hotel and Residences is undergoing a makeover. The development will feature new hotel rooms and residences in addition to a tropical oceanfront cabana collection designed by Joseph Dirand, pictured down below, via Wallpaper…
Increased Costs Shifting South Florida Apartment Construction
At the Miami Finance Forum’s recent panel discussion regarding the current status of South Florida commercial real estate, panelist commercial developers stated they are responding to strong tenant demand across all sectors. While all agree that the South Florida commercial real estate market…