Original Southeast commercial real estate news & events for Atlanta, Carolinas, Memphis, Miami, Nashville, Orlando and Washington D.C. metro area; plus expert insights, commentary and analysis into secondary and tertiary regional and local markets.
Starwood Mortgage Capital, LLC of Miami originated $40.75 million for the 55 Miracle Mile mixed-use building in Coral Gables and The Nexus property portfolio.
At the mid-year point there is currently more than 5.5 million square feet of industrial space under construction in South Florida, a record high for the past 10 years, according to the Newmark Knight Frank second quarter report.
"We believe the acquisition provides diversity and attractive risk adjusted value for our investors and we anticipate continuing to pursue actively investment opportunities in the London market.”