The Real Deal New York

South Florida roundup: Record Lincoln Road deal, lenders writing huge construction loans … and more

Snapshots of real estate news from the Sunshine State
By Eric Kalis | September 17, 2014 04:35PM

From the September issue: In this month’s roundup of real estate news from sunny Florida, TRD first checks out the priciest deal ever made on the prominent Lincoln Road retail strip. The White Plains-based Acadia Realty Trust and its Miami Beach-based partner, Terranova, shelled out $342 million for a six-property portfolio. We also look at area construction lenders, which are once again making big bets on high-end condominium projects in the city. Click here to see these items and more.