Aztec Group, Florida’s leading real estate investment and merchant banking firm for over 40 years, announces that Peter Mekras has arranged $102,000,000 in construction financing for RIVR (River) Lofts in Ft. Lauderdale, Florida. RIVR Lofts features a desirable location in Fort Lauderdale’s Central Business District in the emerging Tarpon River Entertainment & Design District and will be a mixed-use, luxury, high-rise rental apartment community with 352 residential units.
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BH3 Management's Adaptive Reuse Project In Fort Lauderdale, Fabrick, Now 100% Leased
Fabrick, an adaptive reuse project in Fort Lauderdale’s Progresso Village developed by real estate investment and development firm BH3 Management, is now 100% leased. The warehouse-turned-class A retail and office destination spans approximately 24,000 rentable square feet of space at 801, 807, 815, and 819 NE 2nd Ave. in Fort Lauderdale.
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Fort Partners Pays Off $210 Million Construction Loan at Four Seasons Fort Lauderdale
Miami-based development firm Fort Partners has today announced that the $210 million construction loan for the Kobi Karp-designed Four Seasons Hotel and Private Residences Fort Lauderdale has been paid off. The loan, financed by Madison Realty Capital, became the largest residential construction loan in Fort Lauderdale history when it closed in 2019.
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Cordova Building In Fort Lauderdale Trades For $7 Million In Off-Market Office Transaction
The Cordova Building in Fort Lauderdale has sold for $7 million in an off market transaction. Southern Centers Associates I LP, led by longtime Fort Lauderdale developers and investors Kevin Buckley and Randall Kella, sold the 1500 Cordova Road property to Sunrise-based Centerline Capital Advisors.
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Four Seasons Private Residences Fort Lauderdale Begins Closings At Record Price Per Square Foot
Four Seasons Private Residences Fort Lauderdale, the first five-star development to debut in the nation’s yachting capital, has commenced closings. The first residences have closed at an average of $2,000 per square foot, an unprecedented price for the Fort Lauderdale condominium market.
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Kushner Cos. And Aimco Acquire Fort Lauderdale Development Site For $49 Million, To Build City's Tallest Tower
A partnership between Kushner Cos. and Aimco has acquired a development assemblage in Fort Lauderdale for $49 million and plan to develop Fort Lauderdale’s tallest tower. The development partnership acquired a 1.87-acre site at 520 W Broward Blvd. for $35.5 million from Swire Properties as well as a 2.31-acre site at 300 W Broward Blvd. for $13.5 million.
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Pura Vida Expands To Broward County With Opening Of Pura Vida Las Olas In Fort Lauderdale
Pura Vida, the wellness-driven all-day cafe hotspot known for its healthy extensive menu and tropical chic vibe, continues its South Florida expansion with Pura Vida Las Olas set to open in Fort Lauderdale on Friday, December 17. Husband-wife founders, Omer and Jennifer Horev, both grew up in Fort Lauderdale.
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Four Seasons Private Residences Fort Lauderdale Passes $250 Million In Sales With Closings Set For December
Four Seasons Private Residences Fort Lauderdale, the first five-star development to debut in the nation’s yachting capital, has announced that sales have surpassed $250 million. The important milestone was achieved in advance of first closings which are slated for this December.
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Hines Acquires Mixed-Use Development Site In Fort Lauderdale's Flagler Village For $57.41 Million
The Houston-based development firm Hines has acquired a mixed-use development site in Fort Lauderdale’s Flagler Village neighborhood for $57.41 million. The properties acquired make up the proposed FAT Village project which were assembled by Urban Street Development.
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Pinnacle Breaks Ground on Bimini Cove Luxury Multifamily Project In Fort Lauderdale
The Miami-based multifamily developer Pinnacle has broken ground on Bimini Cove, the firms newest planned luxury rental community in Fort Lauderdale. Nestled into the Marina Bay area along the south fork of the New River the community will offer exceptional convenience for land and sea lovers alike.
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