Zom, Ascentris swing for $119M office redevelopment in Doral
Ascentris and Zom Living are teeing up the redevelopment of a Doral office building after buying the property for $26.5 million and nabbing a $92.3 million construction loan. The joint venture recently broke ground on a Live Local project with 380 apartments. An entity tracing to Denver-based Ascent
13th Floor, Rockpoint score $100M construction loan for rental project near Tri-Rail stop
13th Floor Investments and Rockpoint scored a $100 million construction loan for an apartment project near the Boca Raton Tri-Rail station. The 340-unit development hit the pipeline as South Florida is feeling the sting of a multifamily supply overhang, as hefty completions and slower in-migration
Five Park penthouse asking $21M tops Miami-Dade luxe contracts
A Five Park penthouse and a tech mogul’s Venetian Islands home were the most expensive listings to go into contract in Miami-Dade County last week. Buyers signed 24 contracts between Jan. 26 and Feb. 1 for luxury properties in Miami-Dade, according to Douglas Elliman’s Eklund-Gomes team. The homes t
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