November 21, 2013 | Daily Business Review
Freebies Help Fill Industrial Space Near Miami AirportIndustrial landlords with properties near Miami International Airports are increasingly making concessions to get leases inked. The dynamic could be a prelude to a price war.
By Eleazar David Meléndez
4 minute read
November 20, 2013 | Daily Business Review
Whole Foods Coral Gables Property Sells for $38.7 MillionThe nearly 60,000 square feet located within Coral Gables' Plaza San Remo was bought by inexperienced German speculators at the very height of the 2008 financial panic.
By Eleazar David Melendez
3 minute read
November 19, 2013 | Daily Business Review
Sammy Sosa Buys Golden Beach Home for $7.6MRetired Dominican baseball player Sammy Sosa purchased a two-story beachfront house in the tony town of Golden Beach for $7.6 million.
By Eleazar David Melendez
1 minute read
November 19, 2013 | Daily Business Review
Florentino Gonzalez, John Halula Help Arrange $22 Million Construction LoanWeston-based Florida Community Bank provided the loan for a 171-unit residential development in Miami's Edgewater district.
By Eleazar David Melendez
2 minute read
November 18, 2013 | Daily Business Review
Popular Community Bank To Soon Offer Construction Loans To DevelopersLong a niche player catering nearly exclusively to the retail banking needs of Hispanic clients, Popular Community Bank is stepping into the deeper end of the real estate financing pool with plans to start offering construction loans to developers as early as next year.
By Eleazar David Melendez
3 minute read
November 14, 2013 | Daily Business Review
Marina Palms Project Lands $98 Million Construction LoanOne of the developers of the Marina Palms Yacht Club & Residences in North Miami Beach said the first phase of the project is now fully capitalized.
By Eleazar David Melendez
3 minute read
November 13, 2013 | Daily Business Review
CVS To Replace Gordon Biersch On BrickellThe shuttered Gordon Biersch Brewery on Miami's Brickell Avenue will be replaced by a CVS drugstore.
By Eleazar David Melendez
4 minute read
November 12, 2013 | Daily Business Review
Lennar To Tap Bond Markets For $250 MillionMiami-based Lennar Corp., one of the nation's largest residential developers, is tapping the bond markets for $250 million primarily for its financing and property management units.
By Eleazar David Melendez
2 minute read
November 04, 2013 | Daily Business Review
New Kind Of Bond Bundles Rents, Sells To InvestorsA new class of financial instrument is likely to funnel a new round of Wall Street cash into South Florida's residential real estate market, helping further drive up prices in a housing environment already buoyed by much investor money.
By Eleazar David Melendez
5 minute read