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Society Las Olas Phase 2 Property Markets Group PMG Greybrook 140 Southwest 2nd Street
News

This Week's South Florida Deal Sheet: PMG, Greybrook Land $226M Construction Loan In Fort Lauderdale

... California-based investor Anish Khimani purchased the 70-key property in a 1031 exchange, Commercial Observer reported. Khimani paid ... as short-term rentals. Susan Gale with Gale Group International at One Sotheby’s International Realty represented both ...

Jul 17, 2023
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Chinese Property Market Now A Bigger Credit Risk Than U.S., EU, Survey Says
News

Chinese Property Market Now A Bigger Credit Risk Than U.S., EU, Survey Says

China's property market is now the No. 1 ... over the last month has been away from emerging markets, MarketWatch reported. The Chinese real estate market ... down by massive debt. Development giant China Evergrande Group defaulted on loans and lost $81B in 2021 ...

Sep 12, 2023
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A beach view of Fort Lauderdale
News

‘Everyone Wins’: How Forward-Thinking Property Tax Strategies Increase ROI For Florida CRE

... in Florida’s markets. To learn more, Bisnow spoke with Steve Tropea, director at the Property Tax Alliance Group, a prominent ... said. This article was produced in collaboration between Property Tax Alliance Group and Studio B. Bisnow news staff was not ...

Dec 12, 2022
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Exterior of 111 West 57th St.
News

Apollo Writes Off Loan At Billionaires' Row Supertall, Chalks Up $82M Loss

... , the threshold to make it an effective condominium. The property was developed by Property Markets Group and JDS Development, and construction began in 2014 ...

Aug 02, 2023
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Miami Mayor Francis Suarez was the keynote speaker at Bisnow's annual State of the Market event September 2018.
News

Miami’s Developers Pour Cash Into Mayor Suarez's Presidential Campaign Committee

... 24-acre mixed-use development. Related Group Chairman Jorge Pérez, Property Markets Group principal Ryan Shear, OKO Group founder and Chairman Vlad Doronin, New ...

Jun 20, 2023
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130 Southeast 1st Street Clear Residence Downtown Miami Gil Blutrich
News

52-Story Tower Pitched For Downtown Miami As Investor's First South Florida Project

... records. Blutrich took out a $10M mortgage on the property from Pacific National Bank around the same time. The planned ... around 2,000 new housing units to Downtown Miami.  Property Markets Group and E11even Partners this week secured a $262M construction ...

Jun 06, 2023
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man in a bulldozer
News

Developers Undeterred By Rising Cost Of Land Across Many U.S. Markets, New Reports Show

... from the National Association of Realtors, which shows property in Texas, Florida, California, Georgia and Arizona comprised ... in suburban and tertiary markets, Matt Davis, senior advisor in Cushman & Wakefield’s land advisory group, told Wealth Management. ...

Apr 26, 2022
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Lenox Hill multifamily building 25 East 67th St., where CorpHousing Group is being sued by affiliates of Black Spruce Management for nonpayment of rent for 12 apartment units.
News

Black Spruce Sues CorpHousing Group For Nearly $1M In Unpaid Rent On Short-Term Rentals

... Court this week, alleging that CorpHousing Group — a public company that rebranded as  ... are owned by LLCs named after the property addresses, although records filed with New ... , master leases for hotels in major markets, including the 217-room former W New ...

Dec 22, 2022
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Columbia Property Cuts Bait, Takes Loss On Midtown South Building WeWork Backed Out Of
News

Columbia Property Cuts Bait, Takes Loss On Midtown South Building WeWork Backed Out Of

... full building redevelopment" of the 12-story property at the corner of Madison Avenue and ... and ability to execute within the markets where we invest,” Columbia President and CEO ... 2M mortgage on the building from a group of lenders led by Goldman Sachs in ...

Feb 08, 2023
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Frozen Debt Markets, Local Pushback Chipping Away At Industrial Cash Cow
News

Frozen Debt Markets, Local Pushback Chipping Away At Industrial Cash Cow

... .” AKF Group partner Debbie Reider said she has seen an uptick in demand for fresh foods in urban markets. DH Property Holdings Head ... a group have to do a better job facing the community and presenting the value and the advantages of industrial markets to ...

Oct 21, 2022
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