MIAMI-The commitment from Ocean Bank would enable the locally based provider of Internet infrastructure and managed services to restructuring existing debt, in addition to creating a new source of capital.
MIAMI-Brokers with Codina Realty Services closed recently on three five-year leases, totaling about 63,539 sf, in the 960-acre mixed-use industrial park.
COOPER CITY, FL-The Tampa Bay-area commercial real estate developer negotiates an off-site mitigation plan that clears the way for construction of a mixed-use retail-office project on a 30-acre site in this Broward County community.
FORT LAUDERDALE, FL-An affiliate of Southern Facilities Development would net about $5.6 million by flipping 96 acres as part of a plan to transform undeveloped industrial land in Lauderhill into a regional county park.
MIAMI-The provider of Internet infrastructure and managed services attributes a 45.1% increase in net losses primarily to startup costs for the NAP of the Americas.
FORT LAUDERDALE, FL-The hotel developer thinks elected Broward County officials might have breached a ground lease when they decided this week to cease any further negotiations with the Miami company over plans to build a Downtown convention center hotel.
MIAMI-The locally based builder of single-family and multifamily homes attributes the increase to a $1.6 million pre-tax gain on the sale of two partnerships.
CORAL GABLES, FL-The locally based developer of single-family and multifamily residential housing and active adult communities closed on 332 units during the six months ended June 30, with a total value of $60 million, or $180,771 per unit.
WELLINGTON, FL-The estimated $177 million deal is likely to include a 12-acre industrial warehouse site M&M acquired in 1998 for about $5.2 million in the Miami-Dade airport/west submarket. Wellington is 61 miles north of Miami in Palm Beach County.