Miami

The first phase has already been completed.

But there were plenty of positive signs to take out of the office market.

Buyer Oak Row describes it as a "once-in-a-lifetime opportunity.”

It has invested $195.6 million in Doral and $156.3 million in Brooklyn.

The goal is to turn the 47-acre site into a $1 billion community.

The area saw 67 percent growth from 2023.

The financing was secured through multiple loans.

The hotel plans to refinance $1.18 billion in past mezzanine and CMBS debt.