Tyko lends $285M to Terra, Sympatico for Mr. C West Palm Beach project
David Martin’s Terra and the Morrison family’s Sympatico Real Estate secured a $285 million construction loan for their planned Mr. C Hotel & Residences West Palm Beach. Tyko Capital, a New York-based real estate firm backed by Elliott Investment Management, is the lender. The developers launched s
Steve Ross scores $340M refi for One Flagler tower in downtown West Palm Beach
Billionaire Steve Ross scored a $340 million refinancing for the One Flagler office tower, completed this year in downtown West Palm Beach. Related Ross, Ross’ real estate firm formed last year, obtained the loan from BDT & MSD Partners for the 25-story building at 180 Lakeview Avenue, according to
Broward County weekly condo sales dip to $20M
Broward County’s condo sales and dollar volume dropped last week. Brokers closed 42 condo sales totaling $19.6 million from Aug. 11 to Aug. 17. That’s down from 96 condo sales totaling $29 million the week prior. Last week’s units sold for an average of $465,448, higher than the $302,128 average pr
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