Manor Parc With work well underway at its new housing projects in Tamarac, 13th Floor Investments has replenished its construction coffers with two loans totaling roughly $39.4 million. (Click to enlarge) Layout of Manor Parc County records show the financing is for two large pieces of vacant land along Florida’s Turnpike near Commercial Boulevard. The…
The Dixie Mobile Court CK Prive Group, a joint-venture developer of office buildings, just paid $8.5 million for a sizable trailer park near Aventura Mall. Working through an affiliated company, CK Prive bought the Dixie Mobile Court trailer park at 19640 West Dixie Highway in Ojus from a trio of investors, including Pedro Purto, Betty…
A Fairfield Inn & Suites, part of the Marriott chain, recently broke ground in downtown Fort Lauderdale. Coral Gables-based Banesco USA awarded a $16.65 million construction loan to LM Hotels, an affiliate of local firm Lucky’s Management led by Sanjaykumar Patel. John R. Elwell Construction Co. recently started building the eight-story project at 30 S.…
Renderings of the Wynwood Arcade, Miami Arts School and the Tree House building As developments like the Wynwood Arcade and Miami Arts Charter School get ready to open later this year, investors are still cashing in on properties away from Wynwood’s core. A group of New York buyers paid $3.9 million for a building at 2210…
Renovation work at the Miami Dolphins’ stadium in Miami Gardens (Credit: Allen Eyestone / The Palm Beach Post) The Miami Dolphins denied a report that the team’s $500 million stadium renovation might continue until November and said the team still expects to play its final preseason game there September 1. South Florida sports broadcaster Hank Goldberg…
Mary Jo Eaton has accepted a new position at CBRE, meaning the largest commercial real estate brokerage in Florida needs a new leader. CBRE named Eaton president of Florida and Latin America operations in September 2015. She was previously executive managing director for CBRE in Florida. Eaton is now listed on CBRE’s website as global…
The Pembroke Pointe 800 office building, which Duke Realty built on speculation in late 2015, landed GMMI Inc. and Elizabeth Arden as its first two tenants. Currently with its U.S. operations based in Sunrise, GMMI will move into about 36,000 square feet at the office build at 880 S.W. 145th Ave. in Pembroke Pines. The…
Clockwise from left: Chef Niven Patel, Tap 42, the former Apeiro space and Crumb on Parchment The Weekly Dish is a TRD recurring feature that showcases the latest in South Florida’s restaurant openings, leases and sales. The space last occupied by Apeiro Miami, open for less than a year, was leased to Tap 42, a craft restaurant and…
Bridge Development broke ground on a two-building speculative industrial project just off Interstate 95 in Fort Lauderdale. JPMorgan Chase Bank (NYSE: JPM) awarded a $22.62 million construction loan to Bridge FTL, an affiliate of the Chicago-based developer, for the 17.5-acre site at 2200 West Sunrise Blvd. The former concrete pipe manufacturing plant was acquired for…