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: Pembroke Pines
Public Storage Buys 2 Self-Storage Facilities in Broward County, Fla., for $57.35Mln
South Florida Business Journal Public Storage Inc. has purchased two self-storage facilities totaling 278,309 square feet in Broward County, Fla., for $57.35 million. The Glendale, Calif., self-storage REIT acquired the two from affiliates of Jazayri Realty of Pembroke Pines, Fla. ...
110-Room Holiday Inn Express in Pembroke Pines, Fla., Sold for $16Mln
South Florida Business Journal Pines Hospitality Inc. has purchased the 110-room Holiday Inn Express & Suites in Pembroke Pines, Fla., for $16 million, or $145,455/room. JDR Hotels Inc. was the seller. Celtic Bank Corp. provided $13.06 million of financing to ...
City Furniture store building at 11211 Pines Blvd.
RK Centers has bought the 62,471-square-foot City Furniture store building at 11211 Pines Blvd. in Pembroke Pines, Fla., for $15.24 million, or $243.95/sf. The Sunny Isles Beach, Fla., company purchased the retail property from an affiliate of the Tamarac, Fla., ...
Bell Pembroke Pines
Bell Pembroke Pines serves as collateral for a pair of Fannie Mae loans that Wells Fargo Bank had provided and mature next month. The larger loan, with a balance of $45.62 million, pays a fixed rate of 2.99 percent, while ...
RK Centers Buys Pembroke Pines, Fla., Retail Building for $15.24Mln
South Florida Business Journal RK Centers has bought the 62,471-square-foot City Furniture store building at 11211 Pines Blvd. in Pembroke Pines, Fla., for $15.24 million, or $243.95/sf. The Sunny Isles Beach, Fla., company purchased the retail property from an affiliate ...
TA Realty Pays $118Mln for Pembroke Pines, Fla., Apartment Complex
South Florida Business Journal TA Realty has bought Bell Pembroke Pines, a 300-unit apartment property in Pembroke Pines, Fla., for $118 million, or $393,333/unit. The Boston company purchased the property from Bell Partners Inc. of Greensboro, N.C., which had acquired ...
Marela Apartments
The buyer lined up $71.5 million of Freddie Mac financing for its purchase.
Developer of Pembroke Pines, Fla., Industrial Project Gets $31.26Mln Construction Loan
South Florida Business Journal The Central Trust Bank of St. Louis has provided $31.26 million of financing for the construction of a 280,000-square-foot industrial property in Pembroke Pines, Fla. Summit Real Estate Group of St. Louis is developing the property ...
Abacus Capital Pays $110Mln for Miami-Area Apartments
The Real Deal Abacus Capital Group has bought the Marela Apartments, a 368-unit complex in Pembroke Pines, Fla., for $110 million, or about $298,913/unit. The New York company bought the property from Rreef Property Trust, an affiliate of DWS Group ...
Harbour Cove
Berkley Point Capital has provided $47.49 million of financing to facilitate Cortland's purchase. The loan has a five-year term.
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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.
