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CORAL SPRINGS, FL-On the heels of the sale of the class A office buildings Heron Bay I and II, the partnership is preparing to start more office buildings and a shopping center here. Heron Bay III, IV and V will be 45,000 sf each and will cost an estimated $27 million.
MIAMI-The Fort Lauderdale -based firm is scheduled to begin construction on the $22-million, 18-story, 78-unit mixed-use loft development here next spring. It is a project of the recently formed Urbana Development Group.
FORT LAUDERDALE, FL-The wholly owned Tarragon Mortgage Co. LLC, based here, is providing mortgages to buyers at Tuscany on the Intracoastal, Tarragon's latest condominium project in Boynton Beach, as well as Las Olas Riverhouse, a new luxury high-rise condominium project in the city.
MIRAMAR, FL-Intergraph and Trader Publishing Co. signed mid-term leases for 7,400 sf and 7,300 sf, respectively, in the Miramar Park of Commerce. The deals are estimated to be worth more than $550,000.
MIAMI-Multicore Capital in Fort Lauderdale will be HomeStreet's Fannie Mae Delegated Underwriting and Servicing correspondent, and as such will offer financing for multifamily properties in a six-county area.
CORAL SPRINGS, FL-Heron Bay Holdings, advised by WhiteStar Advisors LLC, paid nearly $221.35 per sf for the 89,000-sf, class A office complex here. The seller was Ross Jaffe Matz Partners Ltd. of Davie, FL.
NORTH MIAMI BEACH, FL-The figure rose from $13.6 million in the third quarter 2002 to $23.9 million in the 2003 third quarter. Funds from operations per diluted share dropped 5.1% over the same period.
MIAMI-The company is providing $5.5 million in equity in exchange for tax credits generated by the planned Ward Towers development. The $17.3-million development will include 100 units and a 24,000-sf community center.
MIAMI-In Sheehan's three years with the real estate investment banking firm,where he was previously an associate, he was involved in more than 30 deals totaling more than $700 million in debt, mezzanine and equity capital investments.
CORAL GABLES, FL-PLC 2151 Le Jeune Rd. LLC closed on its purchase of the 76%-occupied building, with 33,000 rentable sf. As a result, all four buildings in the portfolio have been sold.
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.
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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.
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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.
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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