
Lithia Motors revs up South Florida dealership portfolio with $51M purchase
Lithia Motors expanded its South Florida portfolio after paying a combined $51.4 million for a pair of West Palm Beach dealerships. In the larger deal, an affiliate of Medford, Oregon-based Lithia, led by Bryan Deboer, paid $27.9 million for Acura of Palm Beach, a 10-acre car retail site at 6870 Ok

Two Roads scores $520M construction loan for downtown Tampa project
Two Roads Development secured $520 million in construction financing for a waterfront luxury hotel and condo tower in downtown Tampa. Darien, Connecticut-based Nuveen Green Capital provided $290 million in C-PACE financing, the first such loan recorded in the city of Tampa, according to a press rel

Sale of $15M non-waterfront home sets record in Miami Beach
A non-waterfront home on Miami Beach’s North Bay Road sold for $15 million, setting a record for dry lot properties in the city. The corner home, built in 1925, is across the street from a waterfront mansion owned by model Karlie Kloss and her husband, Joshua Kushner. Property records show Land Tr
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