1+ day, 15+ hour ago   (201+ words) Longpoint Partners has dropped $195 million on a 10-building industrial portfolio in Miami-Dade County, the Boston-based private equity firm announced. The portfolio, composed of small-bay properties, spans 729,901 square feet across 41 acres. The buildings average about 73,000 square feet with clear heights ranging…...

2+ day, 18+ hour ago   (130+ words) Kolter Urban and BH Group have secured $197 million in construction financing to build Olana Naples Residences, an estate-style condominium residence in Naples, Fla., along Florida’s Gulf Coast, Commercial Observer can first report. Apollo Global Management and BDT & MSD Partners provided…...

4+ day, 12+ hour ago   (393+ words) Jay Badame is back in action three years after being forced out as president of AECOM Tishman, Commercial Observer has learned. The development executive who had a leading role in rebuilding the World Trade Center campus has started a new…...

4+ day, 16+ hour ago   (256+ words) Joe Sitt’s Thor Equities has paid $62 million for the Two Town Center office complex in Boca Raton, Fla., Commercial Observer has learned. The property features 153,213 square feet of office space and a 114,599-square-foot parking garage at 5355 Town Center Road, just…...

1+ week, 2+ day ago   (311+ words) Rockpoint and Newbond Holdings have paid $47.1 million for an oceanfront resort in Fort Lauderdale, Fla., property records show. Called Hotel Maren Fort Lauderdale Beach, the property features 141 rooms at 525 South Fort Lauderdale Beach Boulevard, adjacent to Seebreeze Boulevard, south of…...

1+ week, 3+ day ago   (415+ words) Two Roads Development can finally start building its luxury condo development in Miami’s Edgewater neighborhood after reaching a settlement to gain complete control of the waterfront site. The settlement caps a three-year legal stalemate, which had threatened to derail a…...

1+ week, 4+ day ago   (225+ words) The continued strength of Commercial Property Assessed Clean Energy (C-PACE) debt as a construction financing tool has made a big splash in South Florida. Miami developer Shoma Group has landed a $172.5 million C-PACE loan from Nuveen Green Capital to develop…...

1+ week, 4+ day ago   (305+ words) A joint venture between Mast Capital and Rockpoint has sealed a $44 million loan to refinance a newly completed garden-style apartment community in a suburb north of Tampa, Fla., Commercial Observer has learned. Walton Street Capital supplied the three-year, floating-rate loan…...

1+ week, 5+ day ago   (218+ words) A joint venture between CSB Holdings and Tide Realty Capital has sealed a $50 million loan to refinance a newly acquired Philadelphia office tower, Commercial Observer has learned. Two50 Capital arranged the transaction with a team led by Adrian Edery. The 668,335-square-foot…...

1+ week, 5+ day ago   (281+ words) Development and investment firm Gatsby Florida has secured a $118.6 million loan from Cirrus Real Estate Partners to build a speculative luxury office complex in Palm Beach Gardens, Fla., Commercial Observer has learned. Called The Palm, the eight-story development will feature…...