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All Those New Apartments in South Florida Still Aren't Enough, Report Says
It may seem that an apartment complex is going up on every street corner in South Florida, but a new report shows that builders actually have some catching-up to do. Renters moved into 9,155 units across the tri-county region in the first half of 2018...

Judge Sides with Developer, Giving Thumbs Up to Palladium Residences
Los Angeles Superior Court Judge Amy Hogue has ruled in favor of Miami-based Crescent Heights’ Palladium Residences project in Hollywood, CA, rejecting a bid by the AIDS Healthcare Foundation’s to block its construction. The decision now gives the...

Senior Housing Moves Downtown
A new senior housing building developed by Bridgewood Property and equity partner Harrison Street Capital at 1015 South Shepherd Drive, one of the housing communities the venture is developing. The quarter-acre development site on Kelvin Drive in Houston...

Florida Site for Sale Opposite Gulfstream Park in Hallandale
A rendering of a potential development on the site for sale across from Gulfstream Park in Hallandale Beach, FL. Credit: SMIR 3001 LLC. A private investment group has listed for sale a site with development rights located across from Gulfstream Park...

Coastal Ridge, H. Katz Capital Group Add 200-Unit Student Housing Complex to Growing Portfolio
The 200-unit, 800-bed Coastal Village Apts. student housing complex at 19401 Skidmore Way in Fort Myers, FL Columbus, OH-based Coastal Ridge Real Estate, along with H. Katz Capital Group, purchased a 200-unit, 800-bed student housing complex in Fort...

Will the Recovery Go Extra Innings? Are We In for a Hard or Soft Landing? Real Estate Never Met a Cliché It Didn't Love
Going into extra innings. Credit KellyK By: Paul Owers, South Florida Market Reporter and Randyl Drummer, Senior News Editor The economy is in the middle innings. Or possibly the late innings. Unless it’s extra innings. The market may be getting...

Southwest Florida Markets Completely Reliant Upon Net Migration to Fuel Recent Population Growth
Throughout the recovery and expansion, Florida markets consistently have ranked among the best in the nation at both total population gains and per capita increases. However, many of the state’s metropolitan areas have low, or even negative, natural...

Value-Add Rentals in South Florida Sell for $90M
A Denver-based real estate firm that already owns six multifamily properties in South Florida picked up two more, paying $90 million for the Sundance Village Apartments in Miami and the Gardens at Nova (pictured, right) in Davie, FL. Grand Peaks Properties...

MiamiCentral Office Buildings Listed for Sale
Florida East Coast Industries, a company with ties to railroad magnate Henry Flagler, is marketing for sale the first two buildings at MiamiCentral, a transit-oriented development in downtown Miami. The listing, valued at $210 million, includes 2 MiamiCentral...

South Florida Developer Confirms Lease with Aetna at Plantation Walk
As first reported by CoStar News earlier this month, Aetna will be the first office tenant at the $350 million Plantation Walk in Plantation, FL, Encore Capital Management confirmed on Thursday. The health insurer will take 85,000 square feet in a...

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