December 05, 2011 | Daily Business Review
Miami Beach Marina parent secures $45 million in refinancingThe owner of the Miami Beach Marina, which is anchored by the restaurants Texas De Brazil and Monty's, has refinanced the property for $45 million.
By Paola Iuspa-Abbott
1 minute read
January 11, 2011 | Daily Business Review
Despite high winds, Trump, Dezers burn mortgageA flame-thrower lifted a burning torch to his mouth, ready to spew fire into a fire pit containing the mortgage for a $210 million loan. The pyrotechnics were part of a mortgage-burning stunt to commemorate the payoff of construction financing used to build the Trump Royale, the site of the ceremony and the last of three towers to be built at the Trump Grande Ocean Resort Residences in Sunny Isles Beach.
By Paola Iuspa-Abbott
3 minute read
July 11, 2012 | Daily Business Review
Broker helped get $26.8M construction loanCarolyn Whatley, mortgage broker and director of Washington, D.C.-based Love Funding's Palm Beach Gardens office, helped Atlanta-based Wood Partners obtain a $26.8 million construction loan to build a 240-apartment complex in northern Miami-Dade County.
By Paola Iuspa-Abbott
3 minute read
November 02, 2011 | Daily Business Review
Miami Worldcenter project has new investorLos Angeles-based CIM Group became part owner of the nine-bock site co-owned by Boca Raton-based Falcone Group and California-based Centurion Partners.
By Paola Iuspa-Abbott
2 minute read
March 16, 2012 | Daily Business Review
Stiles starts work on Plantation mixed-use projectFort Lauderdale-based Stiles began construction of a new project in Plantation's Midtown District that will have two 12-story buildings.
By Paola Iuspa-Abbott
1 minute read
March 11, 2010 | Daily Business Review
Court gives developers their day in courtThe 3rd District Court of Appeal says no matter how hard condo developers fight to avoid returning deposits, they still deserve to answer plaintiff to charges in court.
By Paola Iuspa-Abbott
2 minute read
October 21, 2011 | Daily Business Review
Sarnoff accused of misusing DDA positionA candidate seeking to oust Miami Commissioner Marc Sarnoff claims he used his position with the Downtown Development Authority to benefit his political campaign.
By Paola Iuspa-Abbott
2 minute read
December 13, 2011 | Daily Business Review
Everyone agrees: Traffic is a concern if Genting casino is builtWhile the Adrienne Arsht Center for the Performing Arts board has not taken a position on Genting Resorts World, center chairman Michael Eidson says the cultural venue is in talks with the developer about the design of access roads and entrances to the proposed mega gambling project.
By Paola Iuspa-Abbott
2 minute read
October 24, 2011 | Daily Business Review
Palm Beach mall bought by partnership for $25 millionA partnership of New England Development, Eastern Real Estate and Lubert-Adler is the buyer, according to a deed recorded in Palm Beach County.
By Paola Iuspa-Abbott
1 minute read
December 14, 2011 | Daily Business Review
$32 million New World Tower loan in 'defaultA loan on the New World Tower, an office building in downtown Miami, was moved into special servicing, according to Fitch Ratings.
By Paola Iuspa-Abbott
1 minute read