FORT LAUDERDALE, FL-County officials have appropriated about $3.9 million as initial settlement funds to acquire the leasehold on a four-acre site adjacent to the Broward County Convention Center.
FORT LAUDERDALE, FL-Prudential Mortgage Capital is guaranteeing a leasehold mortgage on a 9.26-acre retail site at North Perry Airport 29 miles north of Miami.
MIAMI-Vacation Ownership Marketing signs $3.6 million contract to buy development rights to the planned 60-unit, Granada Grand luxury multifamily project.
MIAMI-The Miami-Dade County Seaport Department sought permission to order two independent appraisals on what is considered the last large contiguous piece of developable industrial land within the city limits.
MIAMI-The locally based real estate investment, finance and management company posts record quarterly earnings per share of $1, while about half of its remaining property portfolio is still undergoing development or repositioning.
MEDLEY, FL-This 960-acre mixed-use industrial project in northwest Miami-Dade County is showing considerable resiliency at a time when other Flagler Development-owned commercial projects elsewhere in Florida are experiencing slower growth.
FORT LAUDERDALE, FL-UBS Warburg research rates the locally based developer-operator of extended-stay lodging facilities as the only "buy" stock out of the 12 national hotel companies that the New York-based financial services firm covers for its investors.
MIAMI-The global telecommunications subsidiary of Telefonica S.A. absorbs 173,000 sf of industrial-telecom space in the Miami-Dade County airport/west submarket.
NORTH MIAMI BEACH, FL-The locally based real estate investment trust purchases Canadian-based Centrefund Realty (U.S.) Corp. and Texas-based United Investors Realty Trust in a multi-million dollar stock-debt deal.