South FloridaDec 10, 2024Brickell Flatiron closing tops Miami-Dade weekly condo sales Top 10 sales ranged from $252K to $1.6M
South FloridaNov 26, 2024Electra, BH land $125M pre-dev loan for $1B Southplace City Center in Cutler BayJV plans to begin infrastructure improvements and construction on first phase of mixed-use project early next year
South FloridaNov 14, 2024Land play: Consultant buys waterfront Coral Gables lot for $18MDeal closed despite high costs slowing South Florida’s single-family dev site market
South FloridaJun 14, 2024Pinnacle lands $50M construction loan for 120-unit apartment building near Cutler Bay, as affordable housing financing keeps flowing Package includes tax credit equity and surtax funds
South FloridaMar 11, 2024Lease roundup: Jetset Pilates opening at Midtown Doral, Presidente Supermarkets in Cutler BayPlus: Hinshaw & Culbertson moved its Coral Gables office to The Plaza
South FloridaAug 9, 2023Fast lane: Dream Motor pays $150M for two Mercedes-Benz dealerships, repair shop and office buildingBirmingham, Alabama-based company acquired four properties from family-owned Ussery Automotive Group
South FloridaAug 2, 2023Miami-Dade awards $40M HUD grant to apartment project near Cutler BayNonprofit developer NOAH is planning to increase units at Cutler Manor from 218 to 445
South FloridaMay 4, 2023Electra America, BH score approval for first phase of $1B Southland Mall redevelopmentCutler Bay officials signed off on a proposed eight-story, 470-unit apartment building with 14K sf of retail
South FloridaDec 22, 2022Here are South Florida’s biggest retail deals of 2022RPT Realty's $216M Mary Brickell Village acquisition topped the list
South FloridaOct 28, 2022Cutler Bay approves $100M senior living mixed-use projectAJP Ventures, Mas Group and Treo Group developing 196 multifamily units, plus 61K sf of medical office and retail
South FloridaOct 24, 2022Electra, BH purchase former Cutler Bay Sears store for $34MSeritage Growth Properties sold 130K sf retail building as part of national asset sell-off
South FloridaSep 20, 2022Electra America JV plans $1B mixed-use redevelopment of Southland MallPartnership proposing renovated mall, 150-key hotel, 60k sf of medical offices and nearly 4,400 apartments
South FloridaMay 2, 2022JV pays $100M for Southland Mall, eyes mixed-use redevelopment Electra America and BH Group acquired 80-acre site in Cutler Bay Opportunity Zone
South FloridaFeb 22, 2021Lender takes control of struggling Southland Mall in Cutler BayWells Fargo, representing CMBS investors, made a “credit bid” of just $2,600
South FloridaOct 9, 2020Southland Mall’s troubled $65M CMBS loan for saleInvestcorp defaulted on the loan in April, prompting a foreclosure suit by Wells Fargo as a representative of the CMBS investors
South FloridaJun 17, 2020Wells Fargo says mismanagement by Southland Mall owner contributed to downfallThe bank, which filed a foreclosure suit earlier this month, says an entity-tied to mall owner Investcorp racked up code violations and citations
South FloridaJun 9, 2020Wells Fargo seeks to foreclose on Southland Mall in Cutler BayThe lawsuit alleges the mall owner, Investcorp, defaulted on its debt payments in April
South FloridaMay 21, 2020Investcorp wants out of struggling Southland MallSouthland Mall’s $65M CMBS loan went into default in April
South FloridaMay 4, 2020Southland Mall’s $65M loan heads back to special servicingSouth Florida’s retail market has a CMBS outstanding loan balance of $6.3 billion
South FloridaNov 4, 2019MMG Equity Partners picks up retail center in Cutler BayMMG Equity paid $126 psf for the property