South Beach Hotel Sells For A Discount: The South Florida Deal Sheet
The 89-year-old hotel sold for a discount within less than four years.
The 89-year-old hotel sold for a discount within less than four years.
It was one of several eight-figure multifamily transactions in the region this past week.
Florida business owners leasing space score a small win through the recent state tax cuts.
The soccer team is relocating its headquarters from New York City.
The Bainbridge Cos. and Rockwood Capital sold an apartment complex in Coconut Creek for a sizable profit.
The retail underpins the $6B project, which has been in the works since the early 2000s.
Property Reserve, the Mormon Church’s investment arm, bought Boca Raton’s 384-unit Del Ola apartments for $152M from Clarion and Cortland.
A $10 theater deal for Pitbull’s charter school leads a week of big South Florida CRE moves, from $500M Brickell towers to fresh industrial buys.
The Japanese financial services group provided the refinancing to a joint venture between Stiles and Shorenstein Investment Advisers.
The University of Miami signed for more than 40K SF to provide office space for its health system.
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