Florida

Walker & Dunlop Arranges $238M Refinancing for Landmark South Apartments in Doral, Florida

by John Nelson September 30, 2026

DORAL, FLA. — Walker & Dunlop has arranged a $238 million loan for the refinancing of The Landmark South, a 631-unit apartment community located at 6055 N.W. 105th Court in Doral, a western suburb of Miami. Aaron Appel, Michael Stepniewski, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer, Sean Bastian and Stanley Cayre of Walker & Dunlop arranged the floating-rate, interest-only bridge loan from Torchlight Investors on behalf of the borrower, JSB Capital. Completed in two phases in 2017 and 2021, The Landmark South comprises one-, two- and three-bedroom residences averaging 1,017 square feet in size. Amenities include two resort-style pools, two 24-hour fitness centers, outdoor courtyards, a business center, pet spa, resident lounges and structured parking.

September 30, 2026

Affordable Housing Development Florida Loans Multifamily Southeast

Greystone Provides $167M Financing for Affordable Housing Tower Development in Miami

by John Nelson September 30, 2026

MIAMI — Greystone has provided a loan package totaling $167 million for the construction of Gallery at Lummus Parc, an affordable housing high-rise development located at 395 N.W. 1st St. in Miami. The borrower is locally based Related Urban Development Group, an affordable housing subsidiary of Related Group. Greg Voyentzie and Jay Reed of Greystone Real Estate Capital (GREC) and Jason Kaye of Greystone Housing Impact Investors LP (GHI), along with Jeff Englund and Pharrah Jackson of Greystone, facilitated the financing. GHI is providing $80 million in construction financing through a joint venture with BlackRock Impact Opportunities Fund; GREC is providing $27.1 million in 4 percent low-income housing tax credit (LIHTC) equity; and Greystone provided a $60.1 million fixed-rate Freddie Mac loan that is expected to repay the construction financing upon conversion in conjunction with the LIHTC equity. Approximately 83 percent of the residences at Gallery at Lummus Park will be subject to income and/or rent restrictions, with affordability levels ranging from 20 to 100 percent of the area median income (AMI). The financing structure also incorporates project-based rental assistance, including 51 project-based voucher units and six RAD-assisted units. Gallery at Lummus Parc will comprise 257 studio, one- and two-bedroom …

September 30, 2026

Acquisitions Florida Retail Southeast

TSCG Brokers $8.4M Sale of Publix-Anchored Shopping Center in Fort Walton Beach, Florida

by John Nelson September 29, 2026

FORT WALTON BEACH, FLA. — TSCG has brokered the $8.4 million sale of The Shoppes at Paradise Pointe, a Publix-anchored shopping center located at U.S. Highway 98 and Perry Avenue SE in Fort Walton Beach. The 73,416-square-foot property sits at the mainland approach to Brooks Bridge, which connects Fort Walton Beach to Okaloosa Island. Anthony Blanco of TSCG represented the seller, SITE Centers Corp., in the transaction. The buyer was an undisclosed private investor. Built in 1987, The Shoppes at Paradise Pointe was 82.5 percent leased at the time of sale to tenants including Publix, which has anchored the center since 2001, as well as Great Clips, Mariner Finance and Painting With a Twist. The acquisition also included two developed outparcels occupied by Waffle House and Beach Liquors.

September 29, 2026

Florida Industrial Loans Southeast

JLL Arranges $66.8M Refinancing for Industrial Development in Stuart, Florida

by Abby Cox September 28, 2026

STUART, FLORIDA — JLL Capital Markets has arranged a $66.8 million loan to refinance South Florida Gateway, a 987,184-square-foot industrial development located at 2400-2450 Southwest Gateway Place in Stuart, a coastal city about 40 miles north of West Palm Beach. Melissa Rose, Michael DiCosimo, Michael Romero and Nicole Diaz of JLL secured the floating-rate loan on behalf of the borrowers, Orlando-based Foundry Commercial and San Francisco-based Stockbridge Capital Group. The lender was not disclosed. South Florida Gateway comprises two newly delivered buildings that are situated on nearly 65 acres. Building One features 285,510 square feet of rear-load warehouse space with 32-foot clear heights, 60 dock doors and two drive-in ramps. Building Two encompasses 701,674 square feet of cross-dock distribution space with 36-foot clear heights, 120 dock doors and four drive-in ramps.

September 28, 2026

Development Florida Multifamily Southeast

BTI Partners Opens 362-Unit Residential Tower in Hollywood, Florida

by Abby Cox September 28, 2026

HOLLYWOOD, FLA. — BTI Partners has opened the Bread Building, a 362-unit luxury residential tower located in the South Florida city of Hollywood. The property was built on the site of the former Hollywood Bread Building, which served as the headquarters for the Hollywood Bread Co., a popular diet bread brand in the 1930s. Situated in downtown Hollywood, the Bread Building offers studio, one- and two-bedroom floorplans ranging in size from 507 to 1,210 square feet, according to Apartments.com. Monthly rental rates begin at $2,146. The complex comprises more than 30,000 square feet of indoor and outdoor amenities such as a fitness center and yoga room, pool deck, gaming area and bar, coworking and business center, community lounge, spa, onsite concierge, grilling pavilion, pet-friendly zones, bike storage and electric vehicle charging stations. The 25-story property also features 15,407 square feet of ground-floor retail, including a new Walgreens pharmacy. In addition, BTI Partners has restored the original Hollywood Bread Building sign, which is now permanently displayed in the residential lobby.

September 28, 2026

Florida Loans Retail Southeast

Berkadia Arranges $9.8M Refinancing for Shopping Center in Key Biscayne, Florida

by Abby Cox September 25, 2026

KEY BISCAYNE, FLA. — Berkadia has arranged a $9.8 million loan to refinance a 61,504-square-foot, two-story retail center located on Key Biscayne, a barrier island situated south of Miami. Charles Foschini, Christopher Apone, Shannon Wilson and Lourdes Carranza-Alvarez of Berkadia secured the 10-year, fixed-rate loan through a correspondent life insurance company on behalf of the undisclosed owner, which purchased the property in 1997. The financing features a 23 percent loan-to-value ratio. The retail property is situated on Crandon Boulevard, Key Biscayne’s primary commercial corridor and its only land connection to mainland Miami. Built in 1990, the center was 98.8 percent leased at the time of sale to a mix of tenants such as T-Mobile and Northern Trust.

September 25, 2026

Development Florida Seniors Housing Southeast

Nonprofit Breaks Ground on $380M Seniors Housing Project in Boynton Beach, Florida

by John Nelson September 24, 2026

BOYNTON BEACH, FLA. — Green Cay Life Plan Village Inc., a nonprofit corporation, has broken ground on a continuing care retirement community (CCRC) project in Boynton Beach, approximately 30 miles north of Fort Lauderdale. Greenbrier Development LLC and BRP Senior Housing Management LLC, a Delray Beach-based affiliate of private equity real estate firm Big Rock Partners, are co-developers for the project, called The Winsberg at Green Cay. Greenbrier Development will also manage the seniors housing property, which is the first new CCRC built in Palm Beach County since 2016. Upon completion, the project — which was first announced in 2022 — will span 15 acres. The community will total 220 residences in a 510,000-square-foot building, with 189 independent living units and 32 assisted living and memory care units. Amenities will include multiple dining venues, a bar and bistro, fitness center, yoga studio, salon, theater, pickleball court, swimming pool and spa. Moss Construction is the construction manager for The Winsberg at Green Cay. The opening is scheduled for 2028.

September 24, 2026

Florida Loans Southeast Student Housing

Adam America, JW Capital Secure $180M Refinancing for Student Housing Community Near Florida International University

by John Nelson September 23, 2026

SWEETWATER, FLA. — Adam America Real Estate and JW Capital Management have secured $180 million for the refinancing of Terrazul, a 22-story student housing community located adjacent to Florida International University (FIU). Completed in 2024, the 1,201-bed property is located at 700 S.W. 107th Ave. in Sweetwater, a city in Miami-Dade County. Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Dustin Stolly, Sean Reimer and Michael Ianno of Walker & Dunlop arranged the financing through Corebridge Institutional Investment LLC. The borrowers will use the financing to pay off Terrazul’s existing construction loan and collect proceeds. The property features 932 studio, one-, two- and four-bedroom units that were 98 percent occupied at the time of financing, as well as 647 parking spaces, a suite of amenities and 15,442 square feet of retail space on the ground level.

September 23, 2026

Development Florida Leasing Activity Mixed-Use Office Southeast

Hines, USD Sign Two Office Tenants at T3 FAT Village in Fort Lauderdale

by John Nelson September 23, 2026

FORT LAUDERDALE, FLA. — Hines and Urban Street Development (USD) have signed two new office tenants to join T3 FAT Village, a mass-timber office building within the $500 million FAT Village mixed-use redevelopment project in Fort Lauderdale’s Flagler Village. GXO Logistics Inc. will open a new 35,000-square-foot office at the six-story, 180,000-square-foot office building, and workplace furniture provider CBI Workplace Solutions will move its Fort Lauderdale operation to the property from Las Olas Boulevard. The companies are the first committed tenants at T3 FAT Village and will open their offices next year. Blanca Commercial Real Estate handles the office leasing assignment at T3 FAT Village. Christina Jolley, Chris Harak and Kevin Carrasco of Blanca CRE represented GXO in the lease negotiations, while David Hillegas and A.J. Belt of Cushman & Wakefield represented CBI Workplace Solutions. Hines and USD plan to announce the property’s ground-level retail and restaurant tenants later this year.

September 23, 2026

Acquisitions Florida Loans Office Southeast

Newmark Arranges Acquisition Financing for 1.7 MSF BRiC Office Campus in South Florida

by John Nelson September 22, 2026

BOCA RATON, FLA. — Newmark has arranged an undisclosed amount of acquisition financing for Boca Raton Innovation Campus (BRiC), a 1.7 million-square-foot office and research-and-development campus located at 5000 T-Rex Ave. in Boca Raton. West Palm Beach, Fla.-based Related Ross purchased the 124-acre property for an undisclosed price. According to South Florida Business Journal, the selling entity comprised locally based CP Group, DRA Advisors, Las Olas Capital Advisors and Rialto. Jordan Roeschlaub, Nick Scribani, John Caraviello and Josh King of Newmark arranged the acquisition financing through Ares Real Estate funds. The BRiC site used to serve as the regional headquarters campus for IBM. In addition to offices and laboratory space, BRiC features two cafés, an 800-seat presentation hall, multiple event spaces, a gym and direct shuttle service to the Boca Raton Tri-Rail station. Tenants at the campus include D-Wave Quantum Inc., Modernizing Medicine, Cinch Home Services, Allstar Recruiting Locums LLC and Everglades University.

September 22, 2026

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