One of South Florida’s most in-demand neighborhoods is getting a new offering of residential and commercial space following the approval of Eighteen Sunset, a mixed-use development set to rise in Miami Beach’s Sunset Harbour district.
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Kobi Karp-Designed Time Century Jewelry Center Secures $23.6 Million Construction Loan
Time Century Jewelry Center in Downtown Miami, led by real estate developer Yair Levy, has locked down a $23.6 million construction loan from City National Bank of Florida. The loan will fund phase 1 of the development which is scheduled to open in mid-2022.
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Leading New York Insurance Broker NFP Signs Penthouse Office Lease At DiVosta Towers In Palm Beach Gardens
The New York-based leading insurance broker NFP has signed a long-term office lease to occupy the full penthouse floor and half of the 10th floor, totaling 15,010 SF at DiVosta Towers in Palm Beach Gardens. Gardens Wealth Management also signed a long-term lease for half of the sixth floor totaling 5,010 SF.
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Hedge Fund Mogul Steven Cohen's Point72 Asset Management Signs Lease At Nuveen's 701 Brickell
Point72 Asset Management, a hedge fund led by legendary hedge fund mogul and owner of the New York Mets, Steven Cohen, has signed a lease at Nuveen Real Estate’s 701 Brickell office tower. Point72 Asset Management, which has over $20 billion in assets under management, leased 9,000 SF in the 33-story, 648,708 SF building.
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Private Equity Powerhouse Thoma Bravo Signs Long Term Office Lease At OKO Group's 830 Brickell
The San Francisco-based Thoma Bravo has announced a milestone in its expansion to Florida as Miami continues to attract some of the largest tech, financial and investment firms to its growing epicenter. Thoma Bravo, which is one of the country’s largest private equity firms focused on the software sector, has signed a lease for 36,500 SF of space in 830 Brickell.
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Tricera Capital And Alex Karakhanian's LNDMRK Development Acquire Cube Wynwd For $28 Million
Scott Sherman and Ben Mandell’s Tricera Capital in partnership with Alex Karakhanian’s LNDRMK Development have acquired the recently completed Class A office building Cube Wynwd for $28 million. The transaction was financed with 19.6 million in financing.
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Aztec Group Arranges $15 Million Sale Of Miami Gardens Office
Aztec Group, Inc., a Miami-based real estate investment and merchant banking firm, has announced that Peter Mekras and Brell Tarich have arranged the $15,350,000 sale of Lincoln Square, a 116,560 square-foot suburban office complex.
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Tricera Capital Locks Down $50.8 Million In Construction Financing For Mixed-Use Redevelopment The Press In West Palm Beach
Tricera Capital, led by Scott Sherman and Ben Mandell, have closed on $50.8 million in refinancing and construction financing for their mixed-use office and retail redevelopment The Press, located at 2751 South Dixie Highway in West Palm Beach.
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Leading Venture Capital Firms Founders Fund And Atomic Sign 10-Year Leases At Wynwood Annex
Miami’s push to attract the tech industry continues in hyperdrive as leading venture capital firms Founders Fund and Atomic have signed 10-year leases at Wynwood Annex. OpenStore, an e-commerce joint venture between Founders Fund and Atomic, has also signed a 5-year lease
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Soliman Corp. Acquires Hallandale Beach Office Building From KEI Properties For $16.5 Million
Canadian real estate investment firm Soliman Corp., led by Jeffrey Soliman, has acquired a multi-tenant office building in Hallandale Beach from KEI Properties for $16.5 million. The 11-story, 117,668 square-foot office building is located at 1250 E. Hallandale Beach Blvd. in Hallandale Beach, FL.
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