Feb 16, 2016 - 0 Comments - Top Stories -

Miami Commercial Real Estate News February 16, 2016 ~ Miami Office Building Sells for $33.9 Million; On Equitable Liens and Construction Financing; More…

Integra sells downtown Miami office building: $33.9M

A fund tied to New York-based Brickman has purchased the 200 Southeast First building in downtown Miami for $33.85 million, or $239 per square foot.  Listing agents Benjamin Silver and Douglas Mandel.  Integra Investments sold the newly renovated, 12-story…

Commercial Real Estate Loan Totals Soar Ever Higher

As can be seen in the accompanying chart (Commercial Real Estate Loans, All Commercial Banks June 1, 2004 to November 1, 2015), the total of commercial real estate loans for all commercial banks has hit a new high…

NAIOP South Florida Announces Finalists For 2016 Awards Of Excellence

The Awards of Excellence recognize individuals and organizations whose achievements have contributed to the local commercial real estate industry, benefited the regional business environment and facilitated economic growth.

Swire Hires Driggers as Director, Office Leasing at Brickell City Centre

Janette Driggers has joined Swire Properties, Inc. as director of office leasing for its Two Brickell City Centre and Three Brickell City Centre office buildings in Miami, FL.  In her new role, Driggers will oversee marketing and leasing of available office space within the commercial office portfolio…

New Renderings Highlight Elysee Miami’s Interiors by Jean-Louis Deniot

Elysee Miami just unveiled some new renderings highlighting interiors designed by Jean Louis-Deniot, who was recently named to Architectural Digest’s 2016 AD-100, honoring the top 100 architects and designers.  A few weeks ago, Two Roads Development closed on a $22-million purchase of waterfront…

A Look At Legal Marijuana Commercial Property Brokerage

Despite the fact that it remains a federally illegal Schedule 1 drug, 2015 is the year that legal marijuana sales hit $1 billion. While still a far cry from its elder, comparable national markets — wine and spirits ($123 billion wholesale + retail), tobacco…

P3 Hub South Returns to Miami

As we gear up for the second annual P3 Hub South conference, needless to say, we are all very excited to explore the future of the region’s P3 industry. Following the conference’s tremendous success in 2015 and a fruitful year with the South of the U.S. proving to be one of the largest…

Equitable Liens and Construction Financing

Equitable liens are judicially imposed against property in the absence of any statutory or contractual basis for the creation of a lien. These liens arise in a number of different situations, but the below discussion is limited to situations involving construction financing. In this context…