Lidia Dinkova covers South Florida real estate for the Daily Business Review. Contact her at [email protected] or 305-347-6665. On Twitter @LidiaDinkova.
A slowdown in sale and lease transactions is expected but overall metrics such as the vacancy rate and asking rents remained flat in the first quarter of this year, a study showed.
Belmont Village Coral Gables is the first senior housing community planned in South Florida by developer Belmont Village Senior Living and Baptist Health South Florida.
Rodriguez's ex-brother-in-law alleges the former baseball star squeezed him out of profits in their real estate partnership, while Rodriguez counters it's Scurtis who took unauthorized funds from the joint venture.
The fund secured total equity of $878.5 million that breaks down to $362.5 million in investment and two co-investment commitments, one for $150 million and another for $366 million.