Vlad Doronin’s OKO Group and Cain International scored a $630 million refinancing for their 830 Brickell office tower. The deal comes amid strong lending in South Florida, despite higher interest rates. Lenders led by Goldman Sachs and J.P. Morgan Chase provided the refinancing, which replaces the $565 million construction bridge loan that OKO and Cain … Read more
Pebb Enterprises and the Toledano family’s BH Group scored an $89.9 million loan for a portion of their mixed-use redevelopment of Office Depot’s headquarters campus in Boca Raton. Boca Raton-based Pebb and Aventura-based BH Group will use the debt to refinance an existing loan, and also for the development of an Equinox facility and to … Read more
BDO, Shutts & Bowen, Citizens Bank, more | West Palm Beach Related Ross, billionaire Steve Ross’ firm that dominates downtown West Palm Beach, scored half a million square feet of leases this year. At the 25-story 15 CityPlace office tower that’s under construction, assurance, tax and advisory services firm BDO, law firm Shutts & Bowen … Read more
13th Floor Investments and Key International scored a $79.2 million construction loan for a 327-unit apartment complex in Delray Beach. The financing comes amid continued lending for new rental projects in South Florida, despite a multifamily supply overhang in the tri-county region. Coconut Grove-based 13th Floor and Brickell-based Key International started construction of the Skye … Read more
City Food Hall | Miami Beach A new food hall will open in the former Time Out Market space in Miami Beach. City Food Hall leased the 20,900-square-foot space near Lincoln Road, where it will open in the summer of next year, according to a news release from the tenant’s broker. The venue is at … Read more
13th Floor Investments and its partners scored a $139 million refinancing for a 420-unit apartment complex in Delray Beach, amid a continuing lending flurry in South Florida. Coconut Grove-based 13th Floor, Brickell-based Key International, West Palm Beach-based Wexford Real Estate Investors and Boca Raton-based CDS International completed the Savio apartment complex last year at 1874 … Read more
Skilled Trades College | Miami A Canadian trade school will open its first U.S. campus in Miami’s Arts & Entertainment District. Skilled Trades College leased 30,000 square feet at Genting’s Omni Offices at 1501 Biscayne Boulevard, according to Colliers’ Kevin Gonzalez. The school is expected to open late summer next year. Gonzalez was part of … Read more