• Turkish developer opens Okan condo-hotel tower to EB-5 investors,Katherine Kallergis

    Turkish developer opens Okan condo-hotel tower to EB-5 investors

    Turkish developer Okan Group is now eligible to raise EB-5 funds for its Okan Tower in downtown Miami, allowing foreign investors to help finance the Hilton-branded condo-hotel tower, The Real Deal has learned.  When completed, Okan Tower will include a 316-key Hilton hotel, 236 condo-hotel units ma

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  • Related Fund Management buys 292-unit apartment complex in Delray Beach for $117M,Lidia Dinkova

    Related Fund Management buys 292-unit apartment complex in Delray Beach for $117M

    Related Fund Management bought a 292-unit apartment complex in Delray Beach for $116.9 million.  The deal comes amid an uptick in multifamily investment sales in South Florida, despite elevated interest rates and other economic headwinds.  Related Fund Management bought Aura Delray Beach at 2095 Wes

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  • $8M Presidential Place closing tops Palm Beach County weekly condo sales,Kate Hinsche, Adam Farence

    $8M Presidential Place closing tops Palm Beach County weekly condo sales

    Palm Beach County’s condo sales and dollar volume rose last week.  Brokers closed 74 condo sales totaling $42.8 million from Aug. 18 to Aug. 24. That’s up from 64 condo sales totaling $31.4 million the week prior.   Last week’s units sold for an average of $578,767, higher than the $491,305 average

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