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Industrial Developer Bullish on Coral Springs
www.costar.com

Coral Springs Commerce Center at 4020 NW 126th Ave. in Coral Springs, Florida. The Fort Lauderdale, Florida, suburb of Coral Springs is a mecca for single-family homes, but Exeter Property Group believes the sprawling city in northwest Broward County is overdue for warehouses. The firm is planning five buildings to complete Coral Springs Commerce Center […]

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Multifamily Property Near Florida International University Fetches $60M
www.costar.com

The 302-unit Advenir at University Park apartment complex in Miami. Advenir, a real estate investment company, paid $59.75 million, or nearly $198,000 a door, for an apartment complex adjacent to Florida International University in Miami. The seller, Miami-based Rilea Group, built the 302-unit property in 1993 at 10495 SW 14th Terrace. It’s now called Advenir […]

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Colliers Broker Joins MMG Equity Partners in Bet on South Florida Shopping Centers
www.costar.com

­­A private investment firm in South Florida has hired former Colliers International broker Marcos Puente to build its commercial property portfolio, making a bet on large shopping centers in the region. Puente will be director of acquisitions for MMG Equity Partners, based in Pinecrest, FL. The firm currently has about 40 properties totaling more than […]

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Be Nice To Your HOA – Ocean Mortgage Capital
www.oceanmortgage.com

When you purchase or refinance a condo, there are several reasons why you will want the homeowners’ association on your side

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Nashville-Based Investor Completes First Ever Tampa Purchase, Buys The Collection at Sabal Park for $52.8 Million
www.costar.com

Nashville, Tennessee-based investor Priam Capital is expanding its presence in the Southeast with its first ever purchase in Tampa, Florida. Priam Capital acquired the eight-building The Collection at Sabal Park for $52.79 million, or about $121 per square foot. The firm bought the office buildings from a joint venture between IP Capital Partners and Fir […]

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Florida, Houston Delinquencies Still Reflecting 2017 Storms
www.mortgagenewsdaily.com

Posted To: MND NewsWire The effects of Hurricane Irma continue to be felt in the Southeast, with Florida the only state to report an increase in its delinquency rate in May. The rate in the state was up 1 percentage point compared to May 2017 and gave Florida the third highest rate in the nation […]

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McDonald's Outlines $6 Billion National Plan to Build, Renovate Restaurants
www.costar.com

By: Paul Owers and Linda Moss McDonald’s Corp. is using its substantial real estate holdings across the United States to fend off competitors eating into its bottom line. The fast-food chain is outlining its spending plans

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Florida AG files manslaughter charges in 'stand your ground' case
www.aol.com

//delivery.vidible.tv/jsonp/pid=56c21811e4b009d9eacb4ef9/vid=5b7218a5c0e0af6dbff36555/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com A Florida man is now facing charges for a shooting that was initially deemed justified by the state’s “stand your ground” law. //delivery.vidible.tv/jsonp/pid=56c219f8e4b0b48fca4269c6/vid=5b57f0548fcaa943cb846f1a/5643911267b62318603bce5a.js?m.embeded=cms_video_plugin_releases.aol.com Read more…

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Radixx Expands Orlando HQ to Recently Renovated 16-Story Tower in Downtown Orlando
www.costar.com

Radixx Solutions, a cloud-based airline reservation, distribution and manufacturing systems provider, plans to relocate and expand its Orlando, FL-based headquarters to 20 North Orange, a recently renovated office tower in downtown Orlando. The firm signed a 15,129-square-foot office lease in the 16-story tower with its current owner, Steelbridge Capital. The Chicago-based investor acquired the office […]

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CoStar Market Insights: Spotlight on Homestead
www.costar.com

Credit: City of Homestead.   As one of the few areas left in Miami-Dade with an ample amount of vacant land, the Homestead submarket has eclipsed all other submarkets outside of the downtown core for multifamily development this cycle. The Homestead submarket currently has more units underway than any ot

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