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COCONUT GROVE, FL-Colony Capital LLC and the Falor Cos., which bought the hotel this year, are in the middle of a $10-million renovation and conversion to an upscale condo-hotel. The majority of the renovations are expected to be completed by early next year.
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May 12, 2026
However, leasing dropped by eight percent.
May 12, 2026
Debt funds and mortgage REITs take the majority share while banks and CMBS pull back.
May 12, 2026
GlobeSt. will recognize those that drive the sector's performance as the 2026 Influencers in Industrial. Nominate a candidate before the submission deadline on May 27!