The county has entered into a contract with Camp Venice LLC to purchase property adjacent to Snook Haven Park.

Ben Mallah, the real estate mogul with a million YouTube subscribers, has sold another retail asset.

A partnership led by Gencom closed on a $300 million debt facility to refinance existing debt and fund a large-scale renovation currently underway at The Ritz-Carlton Key Biscayne, Miami. Blackstone Real Estate Debt Strategies led the financing consortium. Gencom has a longstanding history of investing in the island of Key Biscayne, having originally co-developed The Ritz-Carlton ... The post $300M Refi to Fund Miami-Area Ritz-Carlton Renovation appeared first on Connect CRE.

Miami-based Concord Wilshire Capital (CWC), a company specializing in residential, resort, and mixed-use real estate development and construction, acquired the Grand Lucayan Resort from the Bahamian government, including the 56-acre beachfront resort and 160-acre Reef Golf Course, for $120 million. CWC has formed a strategic alliance with a number of brands to redevelop and repurpose ... The post Miami Investor Buys Bahamas Resort, Plans $827M Redevelopment appeared first on Connect CRE.

Kay Neely is the executive vice president and CFO of Sila Realty Trust and a 2025 CFO of the Year honoree.

It's a homecoming of sorts for Wyatt Krapf.

A $70 million multifamily complex deal in Polk County paces the week in transactions.

In the week's top commercial real estate news, a land company buys a new Lakewood Ranch HQ, questions linger about Foot Locker's St. Pete HQ move, and a new Naples shopping center is full.

The owner of the shopping center on U.S. 41 at Bahia Vista has submitted a site plan for the project.

Collett Capital sold Paradise Place, a grocery-anchored neighborhood shopping center in West Palm Beach, Florida. The buyer was Forge Capital Partners. Paradise Place totals 72,961 square feet of retail space and is anchored by a strong performing Publix Supermarket. Built in 2003, the center was 98% occupied at the time of sale and is situated ... The post 73K-SF West Palm Beach Retail Center Acquired by Forge Capital appeared first on Connect CRE.

Neuage Health & Wellness was one of hundreds of potential tenants eyeing the space, the managing broker says.

The Sarasota commercial real estate firm's total square footage under management grows to 2.3 million square feet with the new duties.

Commercial Edge reports in its latest report on the national office sector that Miami recorded the lowest vacancy rate (15.5%) among the top 25 markets in the U.S. in the first quarter of 2025. Austin has the nation’s highest rate (28.5%). The national average is 19.8% Other metrics showed that investment activity slowed significantly compared ... The post Miami Office Sector Vacancy Rate Nation’s Lowest appeared first on Connect CRE.

Housing Trust Group has opened University Station, a $100 million mixed-use community in downtown Hollywood, Florida. University Station introduces 216 units of affordable and workforce housing, a 635-space public-private parking garage, over 2,000 square feet of retail and commercial space, and a new 12,210-square-foot campus for Barry University’s College of Nursing and Health Services. Apartments ... The post Housing Trust Group Opens Doors to $100M Hollywood Mixed-Income Housing Venture appeared first on Connect CRE.

Fully entitled mixed-use development sites along Biscayne Boulevard downtown Miami don’t come to market on a regular basis, but Hilco Real Estate Sales has been engaged to find a partner, investor or lender for just such a site. Connect CRE sounded out the Hilco team for background on the assignment. Here’s what they told us. ... The post Hilco Real Estate Lists Fully Entitled Downtown Miami Development Site appeared first on Connect CRE.

The post Florida People & Companies, May 16, 2025 appeared first on Connect CRE.

Codina Partners inked a $38.8 million construction loan to add to its Downtown Doral mixed-use project. The company obtained the loan from Ocean Bank. The South Florida Business Journal reports that the loan matures in May 2027 and could be extended to May 2031. Codina Partners said the loan will fund the third, and final, ... The post Codina Partners Expanding Downtown Doral Project appeared first on Connect CRE.

The new hospital, to be built in Orlando, will consist of a 14-story, 595,000-square-foot patient and surgical tower with 440 patient beds and 24 operating rooms. The Orlando Business Journal reports that AdventHealth will spend $660 million on the initial phase, which includes 120 beds, eight operating rooms and space for services like sterile processing ... The post AdventHealth Building $660M Orlando Hospital appeared first on Connect CRE.

The Sands of Treasure Island will soon meet the wrecking ball. A series of storms doomed the structure, built in 1947. The iconic hotel, which was bought by Impact Properties in 2017 for $5.25 million, is slated to be demolished within the month. The Tampa Bay Business Journal reports that while Impact has not publicly ... The post Treasure Island Hotel to Be Razed, Repositioned appeared first on Connect CRE.

An international REIT has closed on a second major industrial park in 14 months.