CORAL GABLES, FL-The locally based bank holding company is calling 697,117 in outstanding preferred shares just days after netting about $74 million on the sale of newly issued common stock. BankUnited is an active commercial real estate lender.
COCONUT CREEK, FL-The pharmaceutical retailer leases 14,490 sf in a Broward County submarket, where retail asking rents average $15 per sf to $20 per sf.
FORT LAUDERDALE, FL-The locally based developer of the 16-story Venezia Las Olas luxury condominium project lands $2 million in mezzanine funding through an alliance of New York-basedWhiteweld, Barrister & Brown and Tokyo-based Nissho Iwai America.
MIAMI-The locally based developer sells development rights on a 2.1-acre, oceanfront site in Fort Lauderdale for $8.19 million per acre or $188 per sf to Billden Inc. of Miami.
NAPLES, FL-Action could signal a move by Collier County officials to either make a formal bid on the 1.75-acre outparcel, likely at a premium price, or possibly even a public-taking. Naples is 102 miles west of Miami.