Florida Archives - REBusinessOnline

Fisher Brothers Receives $117.5M Loan for Refinancing of Miami Multifamily Community

Abby Cox — Fri, 20 Mar 2026 11:45:00 +0000

MIAMI — New York City based-Fisher Brothers has received a $117.5 million bridge loan for the refinancing of Joule House at Calle Collective, a 308-unit multifamily community located in the Wynwood neighborhood of Miami. Bain Capital provided the floating-rate, interest-only loan. “The successful refinancing of Joule House is a strong reflection of both the property’s performance since opening last summer and the market’s confidence in well-executed, design-driven residential communities in Wynwood,” says Winston Fisher, partner at Fisher Brothers. Situated at 2200 N.W. 1st Ave., Joule House spans eight stories and features studio, one- and two-bedroom floorplans, with select two- and three-bedroom penthouses ranging in size from 985 to 1,400 square feet. Monthly rental rates begin at $2,512. Approximately 23,000 square feet of amenities are available for residents, including a swimming pool, cabana, spa, clubhouse, business center, fitness center, lounge, bicycle storage, a game room, conference rooms and electric vehicle charging stations. In December of last year, Fisher Brothers signed a new retail lease with SunLife Organics, a smoothie, juice and açai bowl bar that will open on the ground floor of Joule House in the third quarter. The Calle Collective, which is located within the Joule House development, serves as a retail,…

The post Fisher Brothers Receives $117.5M Loan for Refinancing of Miami Multifamily Community appeared first on REBusinessOnline.

Cushman & Wakefield Brokers $81M Sale of South Florida Industrial Portfolio

John Nelson — Thu, 19 Mar 2026 14:48:16 +0000

LAUDERDALE LAKES AND LAUDERHILL, FLA. — Cushman & Wakefield has brokered the $81 million sale of an industrial portfolio in South Florida’s Broward County. The portfolio comprises multiple warehouses branded “Elevate Broward” with suites ranging in size from 1,000 to 10,000 square feet. Dominic Montazemi, Mike Davis, Greg Miller, Rick Brugge and Rick Colon of Cushman & Wakefield represented the seller, Harbert Management Corp., in the transaction. The buyer was NorthBridge Partners. The portfolio comprises eight buildings at 3435-3699 N.W. 19th St. in Lauderdale Lakes and three buildings at 3311 and 1842-1896 N.W. 38th Ave. in Lauderhill. The assets were built between 1979 and 1984 and were leased to more than 100 tenants at the time of sale. Prior to the sale, Harbert Management and operator Last Mile Holdings executed a $2.4 million capital improvement plan for the Elevate Broward portfolio. “We have long believed in the enduring strength and potential of the South Florida industrial market, driven by persistent demand for last-mile and small-bay space in this supply-constrained region,” says Oniel Samuel, managing partner at Last Mile Holdings. “Elevate Broward was a strong example of that opportunity, and we appreciated the opportunity to partner with Harbert in supporting the portfolio’s…

The post Cushman & Wakefield Brokers $81M Sale of South Florida Industrial Portfolio appeared first on REBusinessOnline.

JLL Arranges $24.7M Refinancing for Office Building in Coral Gables, Florida

John Nelson — Thu, 19 Mar 2026 14:43:18 +0000

CORAL GABLES, FLA. — JLL has arranged a $24.7 million loan for the refinancing of 2000 Ponce, a 109,745-square-foot office building in Coral Gables, about five miles west of Miami. Jesse Wright, Matt McCormack, Joshua Odessky and Patrick Salata of JLL arranged the five-year loan through Crestline Investors on behalf of the borrower, Westside Capital Group, a private equity firm that purchased the property in 2022. 2000 Ponce features ground-level retail space leased to tenants including Bachour Marketplace, D’Cassa and Zativa Life Health and Wellness Spa. Office tenants include Westside Capital Group and Hejl Foundation. The property also includes a 105-space parking garage.

The post JLL Arranges $24.7M Refinancing for Office Building in Coral Gables, Florida appeared first on REBusinessOnline.

Peachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center Hotel

John Nelson — Tue, 17 Mar 2026 14:16:15 +0000

MIAMI BEACH, FLA. — Atlanta-based Peachtree Group has originated a $103 million bridge loan for the recapitalization and completion of the 289-room Hilton Miami Beach Convention Center Hotel. The development team behind the hotel was not released. The property is a redevelopment of the historic Collins Park Hotel, which is designated by the City of Miami Beach Historic Preservation Board. The hotel is set for completion in May and will sit steps from the Miami Beach Convention Center and two blocks from the Atlantic Ocean. According to the property website, the hotel will offer complimentary Wi-Fi, an onsite concierge, restaurant, bar, outdoor swimming pool and a fitness center. Also adjacent to Miami Beach Convention Center is Grand Hyatt Miami Beach, a 17-story hotel by Terra and Turnberry that will span 800 rooms upon completion.

The post Peachtree Group Originates $103M Loan for Hilton Miami Beach Convention Center Hotel appeared first on REBusinessOnline.

Ram Acquires 327-Unit Apartment Community in Downtown St. Petersburg, Florida

John Nelson — Tue, 17 Mar 2026 14:12:31 +0000

ST. PETERSBURG, FLA. — An affiliate of Ram Realty Partners VII has purchased Beacon 430, a 327-unit apartment community located on a 4.3-acre site in downtown St. Petersburg. The four-story property was delivered in 2014. The seller and sales price were not disclosed. Ram plans to implement a value-add program at Beacon 430 focused on operational enhancements, common area/amenity improvements and select unit interior upgrades.

The post Ram Acquires 327-Unit Apartment Community in Downtown St. Petersburg, Florida appeared first on REBusinessOnline.

TCC Acquires 10 Acres in Metro Tampa, Plans 136,714 SF Speculative Warehouse

Abby Cox — Mon, 16 Mar 2026 12:56:26 +0000

THONOTOSASSA, FLA. — Trammell Crow Co. (TCC) has purchased 10 acres of land in Thonotosassa, roughly 14 miles northeast of Tampa. The Dallas-based firm plans to develop a 136,714-square-foot speculative warehouse on the site called New Tampa Commerce Center. Designed by C4 Architecture and constructed by FCL Builders, New Tampa Commerce Center is expected to be delivered in January 2027. The shallow bay warehouse will feature 32-foot clear heights, car parking spaces and immediate access to U.S. Highway 301 and I-75.

The post TCC Acquires 10 Acres in Metro Tampa, Plans 136,714 SF Speculative Warehouse appeared first on REBusinessOnline.

Gazit Horizons Purchases 73,072 SF Sunset West Shopping Center in Miami

Abby Cox — Mon, 16 Mar 2026 12:55:27 +0000

MIAMI — Locally based Gazit Horizons has acquired Sunset West Shopping Center, a 73,072-square-foot neighborhood shopping center located at the intersection of Sunset Drive and S.W. 87th Avenue in Miami. The seller and sales price were not disclosed. Situated roughly two miles from Baptist Hospital of Miami, the fully leased center is home to a mix of tenants including Chicken Kitchen, Ole’s Jewelry Avenue, Subway, Chase Bank, The UPS Store, Integrum Medical Group, Arturito’s Pharmacy, Sunset Animal Clinic, Salvatore D. Fine Italian Cuisine, Moderna Smile and Sunset Bakery. A new Aldi grocery store is also expected to open this year at the property.

The post Gazit Horizons Purchases 73,072 SF Sunset West Shopping Center in Miami appeared first on REBusinessOnline.

Miami-Dade County, Related Urban Open 176-Unit Mixed-Income Community in Little Havana

Abby Cox — Fri, 13 Mar 2026 13:17:57 +0000

MIAMI — Miami-Dade County and Related Urban Development Group, the affordable and workforce housing arm of Related Group, has opened the Gallery at Marti Park, a 176-unit mixed-income community located in the Little Havana neighborhood of Miami. Residences are reserved for low-income seniors under the Rental Assistance Demonstration (RAD) program, as well as workforce households earning 80 and 120 percent of the area median income (AMI). The project was developed utilizing a 75-year ground lease with Miami-Dade County. Spanning 12 floors, Gallery at Marti Park offers two-bedroom floorplans ranging in size from 893 to 1,064 square feet, according to Apartments.com. Monthly rental rates begin at $2,995. Amenities include a fitness center, clubhouse, coworking space, package room, outdoor grilling areas, private bike storage, a fourth-level recreational deck and a ground-level senior center that will serve residents and the public. The site also sits adjacent to Joe Moretti Phase 2B, a 96-unit affordable housing project redeveloped by Related Urban in 2022.

The post Miami-Dade County, Related Urban Open 176-Unit Mixed-Income Community in Little Havana appeared first on REBusinessOnline.

Foundry Acquires Five Seniors Housing Communities in Georgia, Florida

John Nelson — Thu, 12 Mar 2026 13:24:11 +0000

ORLANDO, FLA. — Foundry Commercial, a commercial real estate services firm, developer and investor based in Orlando, has acquired five seniors housing communities in Georgia and Florida. Totaling 320 units, the portfolio comprises two communities in Warner Robins and Boynton Ridge, Ga., and three communities in Jacksonville, Titusville and Plant City, Fla. Allegro Living Management, an affiliate of Foundry, will operate the portfolio under the Alto brand. Each community features 44 assisted living units and 20 memory care units and has an average vintage age below five years, according to Foundry. Blueprint Healthcare Real Estate Advisors represented the undisclosed seller, a regional development firm, in the transaction. The sales price was also not disclosed.

The post Foundry Acquires Five Seniors Housing Communities in Georgia, Florida appeared first on REBusinessOnline.

Benderson Launches Redevelopment of 300,000 SF Downtown Tampa Office Building

John Nelson — Tue, 10 Mar 2026 14:03:00 +0000

TAMPA, FLA. — Benderson Development has begun the transformation of 702 North Franklin Street, a 300,000-square-foot office building in downtown Tampa. The nine-story property was formerly the longtime corporate headquarters building for Tampa Electric (TECO) and Peoples Gas. Benderson has tapped CBRE to lease and market the building’s office space, while Benderson will lease the property’s 20,000 square feet of ground-level retail space. The renovations will include extensive work on the building’s façade, including new signage opportunities for future tenants, as well as interior upgrades.

The post Benderson Launches Redevelopment of 300,000 SF Downtown Tampa Office Building appeared first on REBusinessOnline.

New State Capital Partners Acquires Vast Coworking Group

Abby Cox — Mon, 09 Mar 2026 14:13:57 +0000

NEW ROCHELLE, N.Y. AND WEST PALM BEACH, FLA. — Private equity firm New State Capital Partners has acquired West Palm Beach-based Vast Coworking Group, which operates more than 200 coworking offices across the world, spanning roughly 2.7 million square feet and serving 70,000 members. The coworking company’s brands include VentureX, Office Evolution and the Intelligent Office. Jason Anderson will continue to serve as CEO of Vast. Morgan, Lewis & Bockius LLP was New State Capital’s legal counsel, while Ice Miller LLP and Boxwood Partners represented the seller, United Franchise Group. Additional terms of the transaction were not disclosed. This purchase marks New State Capital’s second major investment from its fourth investment fund.

The post New State Capital Partners Acquires Vast Coworking Group appeared first on REBusinessOnline.

Zuckerman Signs T.J. Maxx, Ulta Beauty at Mixed-Use Development in Southwest Florida

Abby Cox — Fri, 06 Mar 2026 13:50:07 +0000

BONITA SPRINGS, FLA. — The Zuckerman Group has signed leases with two new national retailers at Midtown at Bonita, a 68-acre mixed-use development under construction in Bonita Springs, about 15 miles north of Naples. T.J. Maxx and Ulta Beauty will join the lineup at Midtown at Bonita, bringing the amount of leased retail space to 100,000 square feet. Other committed tenants include Chipotle Mexican Grill, Panera Bread, The Hangry Bison, Club Pilates, Good Vets, Jeff’s Bagel Run, Noire the Nail Bar, Bonita Beach Wine & Spirits, Gelato&Co., LowBrow Pizza & Beer, Mathnasium, a dental office operated by Pacific Dental Services, Cold Stone Creamery, The UPS Store, Mason’s Famous Lobster Rolls and Three Sixteen Cafe, among others. Construction of the development’s retail component broke ground in November, with the first tenants expected to move in this spring. Upon full build-out, Midtown at Bonita will feature a 165-room boutique hotel, a luxury apartment complex and 30 acres of preserved open space, in addition to the shops, restaurants and service retailers.

The post Zuckerman Signs T.J. Maxx, Ulta Beauty at Mixed-Use Development in Southwest Florida appeared first on REBusinessOnline.

Banyan Street, Lafayette Street Acquire Harborview Plaza Offices in Tampa for $39.5M

John Nelson — Thu, 05 Mar 2026 14:20:29 +0000

TAMPA, FLA. — A partnership between Banyan Street Capital and Lafayette Street Capital has acquired Harborview Plaza, a 6.7-acre, waterfront office complex in Tampa’s Westshore submarket. Atlanta-based Cousins Properties sold the 206,329-square-foot property for $39.5 million. Christian Lee and Sean Kelly of CBRE’s National Office Partners team represented Cousins Properties in the transaction. Amy Julian and Andrew Chilgren of CBRE’s Debt & Structured Finance team arranged acquisition financing for the new owners through Prime Finance. Tom Rappa, Matthew Lee, Max Nathan, Joe Chick and Dale Peterson of CBRE supported the transaction. Banyan Street Capital and Lafayette Street Capital have retained Jim Moler and Deana Beer of JLL to handle the leasing assignment at Harborview Plaza. The new owners plan to make several capital improvements at the office complex, including updated elevators, a new lobby, tenant lounge, café, waterfront outdoor patio and a “third workplace.” Future enhancements will include new wayfinding and building signage.

The post Banyan Street, Lafayette Street Acquire Harborview Plaza Offices in Tampa for $39.5M appeared first on REBusinessOnline.

ANF Tops Out Sevilla Apartments at Downtown Doral in South Florida

John Nelson — Wed, 04 Mar 2026 14:58:28 +0000

DORAL, FLA. — ANF has topped out Sevilla, a seven-story midrise apartment project underway within the $1 billion Downtown Doral development. The developer, locally based Codina Partners, plans to fully deliver the 405-unit community by year-end 2027. Situated on 4.2 acres at the corner of NW 53rd Street and NW 52nd Terrace, Sevilla will offer one-, two- and three-bedroom residences ranging in size from 720 to 1,708 square feet. The property will also include 15,800 square feet of indoor and outdoor amenity space, including a resort-style pool deck with beach entry, private cabanas, grilling stations and a Zen courtyard with a large dog park. The rooftop deck will also offer pickleball courts, a yoga yard, walking paths and lounge areas. Indoor amenities will include a two-story fitness center, resident lounge and a ride-sharing lobby.

The post ANF Tops Out Sevilla Apartments at Downtown Doral in South Florida appeared first on REBusinessOnline.

KeyBank Provides $22M Agency Loan for Easton Apartments in Brandon, Florida

John Nelson — Tue, 03 Mar 2026 15:25:09 +0000

BRANDON, FLA. — KeyBank Real Estate Capital has provided a $22 million Fannie Mae loan for the acquisition of The Easton, a 184-unit apartment community located at 804 Fairmaiden Lane in Brandon, about 12 miles east of Tampa. Eric Blumenthal and Cullen O’Grady of KeyBank originated the three-year loan on behalf of the borrower, a private company doing business as Easton Brandon LLC. The seller and sales price were also not disclosed. Built in 1973 and renovated in 2021, The Easton features 23 two-story residential buildings, as well as a barbecue with a picnic area, fitness center, swimming pool and tennis courts.

The post KeyBank Provides $22M Agency Loan for Easton Apartments in Brandon, Florida appeared first on REBusinessOnline.

Related Ross Acquires 208-Room The Ben Hotel in Downtown West Palm Beach

Abby Cox — Mon, 02 Mar 2026 14:37:45 +0000

WEST PALM BEACH, FLA. — Locally based Related Ross has acquired The Ben, Autograph Collection, a 208-room luxury hotel property located on the waterfront in downtown West Palm Beach. Jordan Roeschlaub, Nick Scribani, John Caraviello, Tyler Dumon and Tate Keir of Newmark arranged $172.5 million in acquisitioning financing through Nomura on behalf of Related Ross. Robert Webster, Ron Danko, Jr., and Timothy Southard of CBRE represented the seller, Greenwich, Conn.-based Wheelock Street Capital, in the transaction. The sales price was not disclosed. Wheelock Street Capital originally acquired The Ben in 2021. Situated near the CityPlace retail lifestyle center (formerly known as Rosemary Square), The Ben opened in 2020 and includes amenities such a rooftop lounge with a heated swimming pool, cabanas and a bar, 24-hour fitness center, library, onsite restaurant and roughly 18,475 square feet of event space. The boutique hotel offers various experiences to guests like private yacht charters and sunrise yoga.

Walker & Dunlop Arranges $80M Loan for Multifamily Development on Miami’s Bay Harbor Islands

Abby Cox — Fri, 27 Feb 2026 14:07:13 +0000

MIAMI — Walker & Dunlop has arranged $80 million in construction financing for 10290 East Bay Harbor Drive, a luxury multifamily development on Bay Harbor Islands in Miami. Adam Schwartz, Jonathan Schwartz, Aaron Appel, Keith Kurland, Sean Reimer, Michael Diaz and Michael Ianno of Walker & Dunlop arranged the floating-rate, interest-only loan through New York-based Madison Realty Capital on behalf of the borrower, Clara Homes. 10290 East Bay Harbor Drive is the third apartment complex located within a three-phased master-planned development on Bay Harbor Islands. The six-story apartment building will total 250,000 square feet with 77 units, according to South Florida Business Journal, bringing Clara Homes to 150 luxury apartments on the Bay Harbor Islands. Amenities at the complex will include a rooftop swimming pool with panoramic views, fitness center and an outdoor yoga studio. 10290 East Bay Harbor Drive is also situated near Bal Harbour Shops, which is currently undergoing a $550 million redevelopment.

The post Walker & Dunlop Arranges $80M Loan for Multifamily Development on Miami’s Bay Harbor Islands appeared first on REBusinessOnline.

SRS Negotiates $3.5M Ground Lease Sale of Chick-fil-A-Leased Restaurant in Leesburg, Florida

Abby Cox — Fri, 27 Feb 2026 14:02:25 +0000

LEESBURG, FLA. — SRS Real Estate Partners has negotiated the $3.5 million ground lease sale of a restaurant property located at 9925 US-441 in Leesburg, about 45 miles northwest of Orlando. Chick-fil-A occupies the 4,935-square-foot building, which was built in 2024, on a corporate-guaranteed, absolute triple-net ground lease with 13 years remaining on the initial term. Patrick Nutt and William Wamble of SRS represented the seller, a national investor and developer, in the transaction. The 1031 exchange buyer was a Brooklyn, N.Y.-based private investor. Both parties requested anonymity.

The post SRS Negotiates $3.5M Ground Lease Sale of Chick-fil-A-Leased Restaurant in Leesburg, Florida appeared first on REBusinessOnline.

Morgan, Casto Net Lease Buy Land in Southeast Florida, Plan Aldi-Anchored Shopping Center

John Nelson — Thu, 26 Feb 2026 14:45:28 +0000

PORT ST. LUCIE, FLA. — A partnership between Morgan Co. and Casto Net Lease has acquired 15 acres in Port St. Lucie, a city in southeast Florida’s St. Lucie County. The duo plans to develop a new shopping center anchored by Aldi on the site. The center will also include outparcels designated for McDonald’s, Circle K and AutoZone, as well as outparcels that are currently available for sale or lease. Scott Copeland of On Course Development represented Morgan and Casto Net Lease in the land deal. The seller and sales price were not disclosed. The buyers plan to break ground on the shopping center before the end of the year and deliver the property in 2027.

The post Morgan, Casto Net Lease Buy Land in Southeast Florida, Plan Aldi-Anchored Shopping Center appeared first on REBusinessOnline.

Redfearn Capital, TPG Angelo Gordon Close $150M Refinancing for Industrial Portfolio in Florida

John Nelson — Tue, 24 Feb 2026 15:59:36 +0000

DELRAY BEACH, FLA. — A partnership between Delray Beach-based Redfearn Capital and TPG Angelo Gordon’s U.S. Real Estate platform has closed on the refinancing for a 10-property industrial portfolio in Florida. CBRE’s Debt & Structured Finance Team secured the $150 million refinancing through Prospect Ridge. The financing includes an initial $80 million backed by the portfolio and up to $70 million in additional capacity to support future acquisitions. The portfolio is located across seven high-growth Florida markets: Orlando, Clearwater, Pompano Beach, Jacksonville, Naples, Hialeah and Miramar. The properties total 590,895 square feet and were 98.4 percent leased at the time of financing to 19 tenants. Redfearn Capital and TPG Angelo Gordon have acquired 37 industrial assets in Florida spanning approximately 3.2 million square feet since 2021. The 10 properties in the refinanced portfolio were assembled by the partnership from June 2022 through October 2025.

The post Redfearn Capital, TPG Angelo Gordon Close $150M Refinancing for Industrial Portfolio in Florida appeared first on REBusinessOnline.