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MIAMI-Lenders grant the locally based equipment rental company a permanent wavier under events of default and an increase in pricing. In exchange, Neff agreed to a reduction in the maximum amount allowed under the credit facility, from $220 million to $160 million by June 30 and to $120 million by Dec. 31.
MIAMI-The locally based parent of Alternative Lending Group plans to expand its mortgage banking operations subsidiary into Florida and Arizona.
MIAMI-The Miami-Dade County Housing Authority is issuing $10.3 million in tax-exempt and taxable bonds to build a 214-unit apartment project for low-income wage earners.
MIAMI LAKES, FL-The New York-based firm is expanding its Latin American and Caribbean headquarters operations from its suburban Miami Lakes offices totaling 70,000 sf.
MIRAMAR, FL-The Atlanta-based developer of industrial-warehouse properties embarks on a wave of construction in Broward County, with 476,100 sf of leaseable space opening later this summer in this community, 16 miles north of Miami.
FORT LAUDERDALE, FL-The six-year-old lodging chain, founded by entrepreneurs H. Wayne Huizenga and George D. Johnson Jr., is moving to Spartanburg, SC over the next six months where Johnson and his brother own a real estate development company. Fort Lauderdale is 26 miles north of Miami.
NORTH MIAMI BEACH-The locally based real estate investment trust has signed a definitive stock exchange agreement to acquire the US shopping center operations from a subsidiary of Canadian-based Centrefund Realty in a stock deal valued at $121 million.
MIAMI-The Miami-Dade Public Health Trust, which operates Jackson Memorial Hospital, apparently approves a bid last week to acquire Deering Hospital, a 199-bed facility, for $32 million or $160,804 per bed. Equipment and furnishings will cost another $6 million.
HOLLYWOOD, FL-The locally based developer is getting $100.78 per sf in a deal valued at $282.8 million. The assets comprise 2.8 million sf of gross leasable space and a rent roll of 250 tenants with average occupancy at 97%.
FORT LAUDERDALE, FL-Flagler Development Co., a subsidiary of Florida East Coast Industries Inc., apparently agrees with the terms of a pending amendment to an assignment on a 91-acre land lease at Port Everglades.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource