Miami
A Closer Look at South Florida’s Flexible Office Market
Timothy Locke, director of network development at IWG, touches on trends in the coworking environment as well as how the region fits the company’s expansion plans.
Economos Properties Lands $53M for Dual-Branded Marriott
CBRE facilitated the construction loan for two upcoming hotels at Dania Pointe, a 102-acre mixed-use project in metro Miami that will offer a combined 350 keys.
CBRE Facilitates $35M Miami-Area Industrial Sale
Senior Vice Presidents Larry Dinner, Tom O’Loughlin and Larry Genet worked on behalf of the seller, a partnership between Core5 Industrial Partners and Helms Development.
Starwood Capital, LeFrak Sell Miami Hotel for $610M
A new owner is on board at 1 Hotel South Beach, a landmark 429-key luxury property which underwent a multimillion-dollar transformation in 2015.
Northmarq Hires New Miami SVP
Michael Balan brings more than 20 years of experience to his new role, where he will be responsible for assisting local and national clients with the entire capital stack.
South FL Shopping Center Commands $43M
HFF facilitated the sale of the 107,000-square-foot retail asset in Wellington. The new owner took out a $13.5 million loan to finance the acquisition.
Morning Calm Trades 240 KSF South FL Business Park
The campus contains Class B office space spread across four buildings, developed between 1987 and 2000 and renovated between 2015 and 2018.
Mindful Capital Buys Industrial Asset Near Boca Raton
The company acquired a 48,000-square-foot warehouse in Deerfield Beach, Fla. A CBRE team secured the transaction on behalf of the seller.
Yotelpad Miami Breaks Ground
The 327,400 square-foot mixed-used asset will include 231 condos and 222 guestrooms. Aria Development Group and Aqarat expect the project to be completed in 2021.
Why Steady Interest Rates Won’t Save the Day
While the Fed takes a patient approach, what else could disrupt the capital markets in 2019? Aztec Group’s Charles Penan sheds light on potential pitfalls.