David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Coral Gables
Tourmaline Capital Pays $76Mln for Columbus Center Office Complex in Coral Gables, Fla.
The Real Deal Tourmaline Capital Partners has paid $76 million, or $288.79/sf, for the Columbus Center, a 263,171-square-foot office complex in Coral Gables, Fla. The Bryn Mawr, Pa., company purchased the property from court-appointed receiver Chris Neilson. The purchase was ...
Owner of Miami-Area Mixed-Use Property Hit with Foreclosure Suit
South Florida Business Journal CGI Merchant Group, which owns the 55 Miracle Mile mixed-use property in Coral Gables, Fla., has been hit with a foreclosure lawsuit. Raoul A. Thomas, the Miami company's founder and chief executive, is listed as the ...
Reign Capital Affiliate Buys Utility Property Portfolio in Miami-Dade County
South Florida Business Journal An affiliate of Reign Capital has paid $43.63 million, or $65.31/sf, for a portfolio of eight utility properties in Miami-Dade County, Fla. The New York company bought the 668,068-square-foot portfolio from AT&T as part of a ...
39,731-SF Office Building in Coral Gables, Fla., Sold for $14Mln
South Florida Business Journal Multiplan REAM has bought the 39,731-square-foot office building at 1500 Monza Ave. in Coral Gables, Fla., for $14 million, or $352.37/sf. Baptist Health South Florida, a Miami nonprofit healthcare provider, sold the property, having purchased it ...
Lender Files to Foreclose on Columbus Center in Coral Gables, Fla.
South Florida Business Journal Varde Partners officially has filed to foreclose on Columbus Center, a 263,171-square-foot office property in Coral Gables, Fla. As part of its suit, which was filed this week in Miami-Dade County Circuit Court, the lender has ...
Owner of South Fla.’s Columbus Center Seen Turning It Over to Lender
Commercial Real Estate Direct Staff Report The venture between Affinius Capital and Patrinely Group that owns the 263,171-square-foot Columbus Center office property in Coral Gables, Fla., is in talks to turn it over to its lender in a deed-in-lieu of ...
City National Bank Lends $69.9Mln Against Miami Mixed-Use Building
Commercial Property Executive City National Bank of Florida has provided a $69.9 million loan for 4000 Ponce, a 190,000-square-foot mixed-use building in the Miami suburb of Coral Gables, Fla. CMC Group of Miami borrowed the floating-rate loan, which has a ...
Douglas Entrance
An affiliate of Colonnade Capital has bought Douglas Entrance, a 474,109-square-foot office complex in the Miami suburb of Coral Gables, Fla., for $76 million, or about $160.30/sf. The West Palm Beach, Fla., company acquired the property from a venture of Banyan ...
Coral Gables, Fla., Apartment Project Gets $59Mln Construction Loan
South Florida Business Journal City National Bank of Florida has provided $59 million of financing for the construction of 301 Madeira, a 145-unit apartment building in Coral Gables, Fla. Urban 301 Madeira LLC of Aventura, Fla., is developing the nine-story ...
Douglas Entrance Office Property Near Miami Fetches $76Mln
South Florida Business Journal An affiliate of Colonnade Capital has bought Douglas Entrance, a 474,109-square-foot office complex in the Miami suburb of Coral Gables, Fla., for $76 million, or about $160.30/sf. The West Palm Beach, Fla., company acquired the property ...
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Commercial Real Estate Direct is the only source -- in print or otherwise -- that keeps close tabs on the entire real estate capital markets industry. It provides up-to-date market intelligence on the mortgage business, equity raising, investment sales and CMBS.
