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: Fort Lauderdale
Rise at Flagler Village
The acquisition was financed with an $88.27 million Fannie Mae loan that has a five-year term and was provided by M&T Realty Capital Corp.
265-Room Sheraton Hotel in Plantation, Fla., Sells for $26.6Mln
South Florida Business Journal A venture of Artifact Group and Rok Acquisitions has bought the Sheraton Suites Fort Lauderdale West, a 265‑room hotel in Plantation, Fla., for $26.6 million, or $100,377/room. Artifact, of Montreal, and Rok, of Miami, purchased the ...
LeFrak Affiliate Pays $180Mln for 337-Unit Apartment Building in Fort Lauderdale
South Florida Business Journal LeFrak Organization has bought Harbour at New River, a 337‑unit apartment building in downtown Fort Lauderdale, Fla., for $180 million, or $534,125/unit. The New York company purchased the 36-story property from its developer, a venture of ...
North River, Amzak Lend $68.5Mln for Construction of Fla. Apartments
North River Partners and Amzak Capital Management have provided $68.5 million of financing for the development of the 215-unit Flats Flagler Gateway apartment property in Fort Lauderdale, Fla. The 12-story property is being developed on a 1.46-acre site at 745 ...
174-Room Hotel in Weston, Fla., Sells for $22.75Mln
South Florida Business Journal A venture of Driftwood Capital and Merrimac Ventures has bought the 174‑room Courtyard by Marriott Fort Lauderdale Weston hotel for $22.75 million, or $130,747/room. A venture of Ashford Hospitality Trust and Artemis Real Estate Partners was ...
Developer Gets $50Mln for Initial Phase of Fort Lauderdale, Fla., Condo Project
South Florida Business Journal Dwight Mortgage Trust has provided $50 million of construction financing for the first phase of the Ombelle Fort Lauderdale residential condominium project in Fort Lauderdale, Fla. SBH Group arranged the loan on behalf of the project's ...
Fort Lauderdale, Fla., Apartment Building Fetches $108Mln
South Florida Business Journal Journey Capital has bought the Rise at Flagler Village, a 348-unit apartment building in Fort Lauderdale, Fla., for $108 million, or $310,345/unit. The New York company purchased the 30-story property from Encore Capital Management of Boca ...
Developer Secures $45Mln Construction Loan for South Fla. Apartment Project
South Florida Business Journal Avery Cypress LLC has lent $45 million for the construction of Avery Cypress Creek, a 200-unit apartment complex in Fort Lauderdale, Fla. The Great Neck, N.Y., lender provided the financing to Meyers Group of Hallandale Beach, ...
Venture Gets $78Mln Loan to Convert South Fla. Mobile Home Park to Apartments
South Florida Business Journal A venture of Clarion Partners and Lion Gables Realty has lined up $78 million of financing to convert the former Pan American Estate Mobile Home Park in Fort Lauderdale, Fla., into a 978-unit apartment development. Northwestern ...
About
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.
