Skynesher | E+ | Getty ImagesFactors beyond high mortgage rates are affecting housing affordability for many Americans, according to experts.Almost four years ago, a household earning $59,000 annually could afford a new mortgage without spending more than 30% of their...
Oak Row Equities closed on a $181M construction loan from Bank OZK for 2600 Biscayne Boulevard, a 41-story Class AAA office and multifamily tower in Miami’s Edgewater submarket. The transaction is one of the largest mixed-used construction loans to close in South...
Ytech has secured $104 million in financing for the Residences at 1428 Brickell, a 189-unit 70-story luxury residential development. The loan was facilitated by Linkvest Capital, who provided $78 million in refinancing of a first mortgage at 1428 Brickell, replacing...
Stiles Corp. bought The Shopper’s Haven retail center in Pompano Beach for $27.5 million, $22 million less than the owner paid for it. The S. Florida Business Journal reports Partridge Equity Group bought the 215,000-square-foot property in 2016 for $50 million. First...
Fort Lauderdale-Hollywood International Airport will soon be welcoming a new fixed-base operator. Fontainebleau Aviation plans to build a nearly 100,000-square-foot hangar, 10,000-square-foot terminal and over 25,000 square feet of office and lobby space. The S....
