• Terra, Frisbie scale back controversial One Boca megaproject proposal,Kate Hinsche

    Terra, Frisbie scale back controversial One Boca megaproject proposal

    Terra and Frisbie Group presented a scaled back plan for their proposed One Boca megaproject in Boca Raton, slashing the housing and office components in the development. It marks the latest iteration of the developers’ February plan to redevelop Boca Raton’s city government campus at 201 West Palme

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  • 13th Floor, partners score $139M refi for 420-unit apartment complex in Delray Beach,Lidia Dinkova

    13th Floor, partners score $139M refi for 420-unit apartment complex in Delray Beach

    13th Floor Investments and its partners scored a $139 million refinancing for a 420-unit apartment complex in Delray Beach, amid a continuing lending flurry in South Florida.  Coconut Grove-based 13th Floor, Brickell-based Key International, West Palm Beach-based Wexford Real Estate Investors and Bo

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  • Sotherly defaults on DoubleTree Hollywood’s $49M loan,Lidia Dinkova

    Sotherly defaults on DoubleTree Hollywood’s $49M loan

    Sotherly Hotels defaulted on its $49.2 million loan on a Hollywood resort near the ocean.  The debt on the 10-story DoubleTree Resort by Hilton Hollywood Beach with 311 keys, at 4000 South Ocean Drive, entered special servicing after missing the Oct. 1 due date to pay off the loan, according to Morn

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