Fisher Brothers lands $118M Bain Capital refi for Wynwood apartment building
Fisher Brothers scored a $117.5 million refinancing from Bain Capital for a Wynwood apartment building completed last year. Private debt is a major financier for South Florida real estate, and the deal comes despite broader nationwide stress in the private credit market, as well as a regional multi
Billionaires’ Row or bust: How far can West Palm’s condo boom go?
Gilbert Benhamou and Hong Kong businessman O.D. Kobo teamed up to make the priciest condo buyout offer in West Palm Beach in recent history: a whopping $430 million, or about $2.4 million per unit, for two older buildings on the waterfront. The monster-sized bid came on the heels of two buyouts of
To sue or not? Miami Beach weighs legal challenge to Fontainebleau legislation
Miami Beach is laying the groundwork for a potential court battle with Tallahassee over state legislation tailored to benefit billionaire Jeffrey Soffer’s plan to upgrade Fontainebleau Miami Beach’s pool area with new cabanas and waterslides. The Miami Beach City Commission voted 4-1 Wednesday to a
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