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MIAMI-New York-based Greystone is providing a 10-year loan, amortized for 30 years, at an interest rate under 7% to Waterview Apartments Jetam Investments Ltd. on the 11-year-old, 375-unit property in Kendall, south Miami-Dade County.
MIAMI-An undisclosed affiliate of Fort Lauderdale, FL-based Gumberg Asset Management Corp. paid Prudential Insurance Co. of America $87 per sf for the 13-year-old, 293,000 sf property in the Aventura area of north Miami.
FORT MYERS, FL-After six months and two contract revisions, Agri-Insurance Co. Ltd. is selling the strategically located dirt to Alanda Ltd for $30 million or $12,000 per acre (28 cents per sf) in one of the state's largest privately negotiated land deals.
NAPLES, FL-The Collier County Planning Commission has approved a revision of this 15-acre Mediterranean-style project, which will now contain 52,500 sf of commercial space and 170 upscale apartments, instead of 180 units. The project is being touted as a catalyst for redevelopment in the city's Bayshore Gateway Triangle Redevelopment District.
PALM BEACH, FL-A 9.75-acre commercial tract has sold for $5.3 million or $543,590 per acre ($12.48 per sf) in this affluent community, 70 miles north of Downtown Miami. In March, the same dirt sold for $4 million or $410,256 per acre ($9.42 per sf).
MIAMI LAKES, FL-The 74,000 sf office building was purchased for $113.51 per sf by AMC Delancey Group Inc. of Philadelphia and Aquila Property Co. of Coral Springs, FL from Palm Beach-based Esko Properties Inc.
CORAL GABLES, FL-Todd Galimidi, 38, who has been with Codina Real Estate Management Inc. for nine months, will oversee the engineering operations and maintenance of the projects in the company's South Florida portfolio.
MIAMI-The Boise, ID-based grocer is selling three Miami stores totaling 166,000 sf, plus one store site in a deal conservatively estimated at $16.6 million, real estate sources intimate with the deal tell GlobeSt.com.
TAMARAC, FL-Sabal Palm Golf Course in Tamarac, west of Fort Lauderdale, has sold for $2.08 million. That's $1.71 million less than it sold for eight years ago.
MIAMI-The wireless devices manufacturer has signed a five-year lease with an estimated value of $4 million. The tenant is moving from its nearby 42,000 sf location to a site almost three times larger.
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