Fort Lauderdale-based Affiliated Development has started construction on the highly anticipated mixed-income workforce housing project, The Grand. The Grand was capitalized by a $53 million first mortgage from Bank United and an investment from Affiliated Housing Impact Fund, LP and a private family office.
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The h.wood Group's Celebrity Hotspot Delilah Coming To Black Lion Investment Group's Brickell Bay Boardwalk
The LA-based h.wood Group will be bringing their swanky upscale celebrity hotspot concept Delilah to Miami after signing a long term lease with Black Lion Investment Group for their Brickell Bay Boardwalk restaurant space.
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Victory Investments Group Acquires Hotel Astor In Miami Beach For $12.75 Million
Victory Investments Group has acquired the art deco Hotel Astor on Miami Beach for $12.75 million, $304,000 per key, in an off market deal. The Susan Gale Group with ONE Sotheby’s International Realty, which specializes in hospitality transactions, represented both sides of the transaction.
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Microsoft Leases 50,000 SF Of Office Space At OKO Group and Cain International's 830 Brickell
Microsoft has announced that it is opening a new office by leasing approximately 50,000 square feet at 830 Brickell, the first stand-alone Class A+ office tower to be developed in the City’s Brickell Financial District in over a decade.
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Acqualina Resort & Residences Awarded #1 Hotel Ranking In 10Best Readers' Choice Awards By USA Today
For the fifth consecutive year, Acqualina Resort & Residences has been recognized as the Best Waterfront Hotel in the United States in the 10Best Readers’ Choice Awards by USA Today. Acqualina is also a proud recipient of the Forbes Five Star Award for both the hotel and spa for the ninth consecutive year and the AAA Five Diamond for the 13th consecutive year.
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DePuy Synthes Product, Inc. Leases Palm Beach Gardens Office Space Expanding South Florida Footprint
DePuy Synthes Product, Inc., a Johnson & Johnson company, and a leading global provider of Orthopedics products, is expanding its presence in South Florida after signing a a 9,481 square foot lease at 4400 Northcorp Parkway in Palm Beach Gardens, Florida.
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Greenstone Property Group Acquires Miami Multifamily Portfolio From Ytech For $119 Million
The Miami-based Ytech has sold a multfamily portfolio in Miami totaling 677 apartment units for $119 million to the New York-based Greenstone Property Group. The dual transaction included the $41 million sale of Ocean House NoBe in Miami Beach and the $78 million sale of Lake House in Miami Gardens.
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Menin Development Celebrates The Grand Opening Of The Ray Hotel, Curio Collection by Hilton In Delray Beach
Hilton has announced the opening of The Ray Hotel Delray Beach, Curio Collection by Hilton, a 141-room design-focused tropical luxury hotel, located in the Pineapple Grove Arts District, in the center of downtown Delray Beach.
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Integra Investments Acquires Sea Isle Marina Home of Miami International Boat Show in Arts & Entertainment District
Miami-based real estate investment and development firm Integra Investments, under its “Integra Marinas” platform, announced the acquisition of one of the highest-profile marinas in Miami’s urban core, Sea Isle Marina. Sea Isle Marina is the new home to the world’s largest boat and yacht event, Miami International Boat Show.
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Avison Young's Michael T. Fay Launches Marketing For The Former Site Of Champlain Towers South In Surfside
Pursuant to the direction of the Honorable Judge Michael A. Hanzman and the court appointed receiver Michael Goldberg, Avison Young, led by Michael T. Fay, has officially launched the marketing process for the sale of the Champlain Towers South site in Surfside, Florida.
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