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February 16, 2023 | Daily Business Review

Class A Office Complex in Miami's Wynwood District Refinanced For $113M

"Our relationships with the lending community and the strength of this asset helped us secure one of South Florida's largest office refis in recent times," said senior managing director Charles Foschini of Berkadia South Florida.
2 minute read
February 07, 2023 | Daily Business Review

New-to-Market Developer Secures 1-Acre Site Near Brightline in Downtown Miami

Chicago-based developer The John Buck Company in a joint venture with Florida Value Partners, and BH Group with PEBB Enterprises, bought the site for $800 per square foot.
2 minute read
January 25, 2023 | Daily Business Review

$215M Secured for Mixed-Use Development in Wynwood

"Wynwood Plaza is poised to be a monumental project anchoring this dynamic community, and we were fortunate to find a lender who recognized the sponsor's unique vision and capabilities to execute it," said managing director Scott Wadler of Berkadia South Florida.
2 minute read
January 13, 2023 | Daily Business Review

Developers Widen South Florida's Apartment Pipeline as Rental Market Remains Strong

"Today's climate is definitely challenging, but I think it forces creativity," Ryan Shear, managing partner of PMG and developer of Society Living, social apartment communities in various cities.
3 minute read
November 17, 2022 | Daily Business Review

$80 Million Construction Loan Secured for Downtown Miami Luxury Condos

The property will be close to the Adrienne Arsht Center, Miami Heat Arena, the History Miami Museum and Perez Art Museum.
2 minute read
November 08, 2022 | Daily Business Review

$93 Million Loan Secured for South Florida Apartments

Advenir at Banyan Lake and Advenir at La Costa, both garden-style multifamily assets located in Boynton Beach, FL
2 minute read
September 13, 2022 | Daily Business Review

Florida Apartment Community Sells for $66 Million

ROI Capital Group acquired Jacksonville, FL-based Topaz Villas, signaling continued investor appetite for well-located assets in the area.
2 minute read
September 08, 2022 | Daily Business Review

South Florida Rental Community Sells for $21.5 Million

Effective rent in South Florida rose 25.2% year over year due to an influx of corporate migration and new residents.
2 minute read
August 10, 2022 | Daily Business Review

$43.5M Loan Secured for 'Heavily Re-Tenanted' Miami Design District Building

"The property has been heavily re-tenanted in recent years to elevate value, as the Miami Design District has continued to drive rental rates with its evolution towards high-end designer fashion and art."
2 minute read
March 08, 2022 | Daily Business Review

Suburbs Are Beating Business Districts: $13.9M Deal for Coral Gables Office Building Follows Broader Trend

"While office financing today is not for the squeamish, the lender recognized both the strength of the location and the borrower's business plan and provided exceptional terms," said Berkadia Miami's senior managing director Charles Foschini.
3 minute read

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