Miami

The firm's newly launched Fund IV, is a value-add workforce housing fund that will focus on expanding Monument's presence within Sunbelt markets, as well as select areas of the US Midwest, where it already has a presence.

“This was a very challenging lease transaction with competition from two other buildings in Waterford at Blue Lagoon, both capable of accommodating Parbel's requirements,” says C&W's Mendoza.

At 39, Rodriguez is one of the youngest managing principals at Cushman & Wakefield, the national commercial brokerage firm notes.

Barings and Bank OZK provided $100 million for the office building project. The equity was provided by MBR, LLC, an affiliate of The Allen Morris Company and ICM Asset Management, Inc. of Calgary. Holliday Fenoglio Fowler, L.P. arranged the transaction.

According to its best and final offer submitted to JEA, the Ryan Cos. project at 325 West Adams St. will cost approximately $72.2 million to construct. The building will total 207,810 square feet, including a 6,340-square-foot rooftop outdoor patio.

Codina sold the parcel on the south side of the Downtown Doral master plan along 41st Street and 87th Avenue to Charleston, SC-based real estate development and investment firm Greystar for $19.25 million.

New York City-based ESG Kullen, which is active in the South Florida distressed and value-add multifamily investment markets, secured $33 million from Pembrook Capital Management LLC of New York City in connection with the deal.

Housing Trust Group also made a key appointment for its Florida operations. The firm reports that executive vice president Max Cruz has been named to lead all multifamily development activity in Florida.