SoFla loan originations see year-end decline

A 2009 photo of Miami’s skyline (Credit: Nigel Morris) As another possible sign that South Florida’s residential market is slowing, property loan originations declined considerably at the end of 2015. Property owners signed off on 35,271 loans during the final three months of 2015. That includes financing for buying a residential property, refinancing an existing…

Miami Herald sells Doral headquarters

The Miami Herald Media Co. sold its Doral headquarters for $13.85 million to the pension plan of its parent company the McClatchy Co. The transaction was part of a six-property deal by Sacramento-based McClatchy (NYSE: MNI) where its newspapers sold six properties in four states to its pension plan for a combined $47 million. It…

Miami Herald sells Doral headquarters

The Miami Herald Media Co. sold its Doral headquarters for $13.85 million to the pension plan of its parent company the McClatchy Co. The transaction was part of a six-property deal by Sacramento-based McClatchy (NYSE: MNI) where its newspapers sold six properties in four states to its pension plan for a combined $47 million. It…