Miami

Newmark Knight Frank arranged the $44.3 million floating-rate loan for Miami City Self Storage to refinance three self-storage facilities in Southern Florida

The 345,000-square-foot mixed-use development is on track to open in the first half of 2020 and developer Andrew Hellinger answered some questions about the project's path to market.

"Since we have the building topped out and 95 percent of the glass is up, during the last couple of weeks, we have done a lot more tours and activity has picked up."

"We've had a tremendous number of inquiries from financial firms, from younger firms that want to be artsy and eclectic and who don't want to be in Wynwood to tech companies locating here from California."

Cushman & Wakefield represented the buyer paying $22 million for a Deerfield Beach distribution center.

In general multifamily market capital remains very liquid, says Aztec Group's Peter Mekras.

Three attorneys for major Miami developers have been named to a committee that will recommend changes to the Miami 21 zoning code.

In Florida, in-migration continues to drive demand for multifamily.