City: Miami

South Florida Business Journal A venture led by Related Group has bought the 143-unit Park Towers Apartments in Miami for $33.75 million, or about $236,014/unit. An affiliate of J.I. Kislak of Miami Lakes, Fla., was the seller. The Housing Finance ...

Fort Hospitality Group has acquired the 221-room Four Seasons Resort and Residences in Miami's Brickell business district. The Fort Lauderdale, Fla., developer bought the luxury property, which is housed in 11 floors of the 70-story building at 1435 Brickell Ave. ...

South Florida Business Journal Del Sol Realty Holdings LLC has sold the 180-bed Coral Reef Nursing and Rehabilitation Center in Miami for $35 million, or about $194,444/bed. The Nanuet, N.Y., company sold the property, which sits on 5.9 acres at ...

Ladder Capital Corp. has provided $251.1 million of financing against the 786,836-square-foot Citigroup Center office building in Miami. The financing resulted in $146.4 million of CMBS debt that was originated in 2012 to be defeased, or replaced by government securities. ...

South Florida Business Journal Westdale Real Estate Investment & Management has bought the 213-unit Soleste Bay Village apartment property in Miami for $58.25 million, or about $273,474/unit. The Dallas company bought the six-story complex, which sits on a two-acre site ...

South Florida Business Journal Zentrix Industries Ltd. has paid $24.08 million, or about $701.20/sf, for the former headquarters of the Related Group in Miami. The Mexican apparel manufacturer bought the five-story building, with 34,341 square feet at 315 South Biscayne ...

South Florida Business Journal A venture of the Related Group and Metro 1 has lined up $72.8 million of construction financing for the Wynwood 29 mixed-use project in Miami. Cerberus Capital Management provided the loan, which was arranged by Newmark. ...

South Florida Business Journal An affiliate of Foundry Commercial has paid $18 million, or about $123.86/sf, for the 145,331-square-foot industrial building at 9300 NW 13th St. in Miami. The Orlando, Fla., company bought the warehouse property from a company managed ...

Commercial Real Estate Direct Staff Report Lynd Co. has paid $40.8 million, or $174,359/unit, for the 234-unit Parc Place apartment property in Miami. The San Antonio multifamily specialist bought the complex from Coastline Management Group of Hollywood, Fla., which had purchased ...

South Florida Business Journal Monarch Alternative Capital has bought a majority stake in Citigroup Center, an 812,525-square-foot office building in Miami. The New York investor purchased the stake from Tourmaline Capital Partners of Stamford, Conn., and CP Group of Boca ...