The Miami Airport TownePlace Suites commenced construction after Banesco USA provided a $21.13 million development loan. The Coral Gables-based bank provided the mortgage to Hotelex Airport, headed by Venezuelan national William Hammani. It acquired the 43,000-square-foot site at 4021 and 4033 N.W. 11th Street for $4.5 million in 2014. The developer recently broke ground on…
• The Miami-Dade Aviation Department will use Everbridge’s critical communications platform to support security, incident response and resiliency at Miami International Airport. www.miami-airport.com. • Deerfield Beach-based Park Partners Residential was awarded the management of Alta Congress at 250 Congress Park Drive in Delray Beach. www.parkpartners.com. • Monument Real Estate Services was retained to manage Palm…
Curated from our most popular stories of the year, here are our picks for the people, companies, trends and deals that rose to the top or fell to the bottom in 2015. WINNER: Jackson Health System The public health system took on for-profit hospital giant HCA Holdings in a high-stakes competitive application process for the…
Sunny Isles Beach and Master Brokers Forum “South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. In the first month of 2015, my Realtor said to me… As we gear up for this week’s blowout South Florida by the Numbers holiday office party, we pause…
Hotels, shopping malls and offices — if it performs, investors want it. This year was marked with huge commercial sales in South Florida, with more than a few pushing past $200 million price tags. The Real Deal analyzed data from the CoStar Group and Real Capital Analytics, two information companies, to come with a list…
Rendering of Marina Palms The Intracoastal neighborhood in North Miami Beach has long been known for its mid-rise apartment buildings and stretches of traditional shopping centers along Biscayne Boulevard. Yet, its blue collar aesthetic is about to undergo a major facelift as luxury condo developers are snatching up wide swaths of land to develop new…
Carillon Miami Beach’s $25 million transformation is expected to break ground by spring 2016, executives from the condo hotel and spa told the South Florida Business Journal. The multimillion-dollar renovation will recreate notable historic features from when the hotel was a hang out for Frank Sinatra’s Rat Pack, and add some modern touches. “It will…
Buenos días, South Florida. 1. Florida’s most unique place to visit If you’re looking for cool places to travel in 2016, the Weather Channel just made it a little bit easier for you by compiling a list of the most unique place to spend the night in every state. Florida’s contribution? The Jules Undersea Lodge,…
A rendering of the two-tower Apeiron at the Jockey Club project in North Miami Apeiron at the Jockey Club, an upcoming mixed-use project in North Miami, just took a major step forward after its developers closed on $21 million in financing for the first phase. The loan was issued by Toronto commercial lender Romspen Investment…