Ciprés, Rilea score $90M construction loan for condo project near Wynwood
Ciprés and Rilea Group landed a $90 million construction loan for The Rider Residences, a planned condominium near Wynwood. Mexican bank Banco Inbursa provided the financing for the 12-story condo project with 146 units and 11,000 square feet of retail, a press release states. Javier Herrera with Fr
Riviera Beach approves rezoning for SobelCo condo project
The Riviera Beach City Council unanimously approved zoning changes that will enable SobelCo to build a 1.2 million-square-foot project near the Port of Palm Beach. Council members voted 5 to 0 on first reading Thursday night to rezone the 4.3-acre parcel at 1117 Broadway from Downtown Core District
In $25M deal, JBL adds Broward shopping center to retail portfolio
JBL Asset Management’s South Florida retail portfolio experienced a growth spurt with a $25 million Broward shopping center purchase. Hollywood-based JBL, led by Jacob Khotoveli, acquired Palm Square, a 77,621-square-foot center with two outparcels that is 94 percent occupied, a press release state
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