June 26, 2013 | Daily Business Review
Lennar Worries Rising Interest Rates May Hurt SalesLennar Corp. had a strong quarter on strong sales, but the Miami-based home-builder believes the appetite for new homes could be crippled by rising interest rates.
By Paola Iuspa-Abbott
3 minute read
May 13, 2010 | Daily Business Review
Related transfers Icon towers to lendersJorge Perez, chairman of the Related Group, on Tuesday transferred ownership of 715-unit Tower 1 and 561-unit Tower 2 to a syndicate of lenders led by HSBC Bank.
By Paola Iuspa-Abbott
3 minute read
March 30, 2012 | Daily Business Review
Owner puts 61 2 Midtown Miami units on marketMore than 60 units in 2 Midtown are being sold by an investment group and range in size from 493 square feet to 5,070 square feet. The condos are priced from $195,000 to $1.45 million.
By Paola Iuspa-Abbott
2 minute read
December 27, 2012 | Daily Business Review
Lennar's Rialto closes on real estate investment fundRialto, which just completed the first closing of its second real estate investment fund, currently has equity commitments for about $260 million.
By Paola Iuspa-Abbott
1 minute read
December 01, 2011 | Daily Business Review
Investors one step closer to moving Urban Development BoundaryThe Miami-Dade County Commission gave preliminary approval to an application to move the urban development boundary to accommodate a retail center on farm land west of Kendall.
By Paola Iuspa-Abbott
1 minute read
June 26, 2013 | Daily Business Review
Planning Board Passes On Chance To Back Miami Beach FinalistThe Miami Beach Planning Board won't recommend a finalist for convention center redevelopment but wants to make sure sea level rise is a project consideration.
By Paola Iuspa-Abbott
1 minute read
December 30, 2011 | Daily Business Review
Miami-based firm buys land on Fort Lauderdale's New River for $11.5 millionCymbal Development bought nearly 5.9 acres as part of a Chapter 11 bankruptcy action by Cabi New River, an affiliate of Aventura-based Cabi Developers.
By Paola Iuspa-Abbott
1 minute read
December 16, 2009 | Daily Business Review
Firm raises $460 million in real-estate bondsCoral Gables-based Florida East Coast Industries secured $460 million in financing for 44 office and industrial properties across Florida.
By Paola Iuspa-Abbott
3 minute read
July 13, 2011 | Daily Business Review
North Miami says competing developers qualified to do Biscayne Landing projectTwo developers vying to develop the failed 184-acre Biscayne Landing project are qualified to transform the former landfill into a mixed-use development, the North Miami City Council decided.
By Paola Iuspa-Abbott
2 minute read
January 31, 2011 | Daily Business Review
Investment group buys Doral Golf Resort & SpaThe Doral Golf Resort & Spa, whose Blue Monster golf course is home to an annual pro tournament, has a new owner. An investment group called CNL-AB was the lone bidder at a foreclosure auction.
By Paola Iuspa-Abbott
1 minute read