Fortress buys Amerant’s Coral Gables HQ building for $135M in sale-leaseback deal
New York-based Fortress Investment Group bought Amerant Bancorp’s Coral Gables headquarters building for $135 million in a sale-leaseback deal....
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Mixed-use Le Jeune Road dev site heads to market for $17M
Ocean Bank is listing a 3-acre site near Le Jeune Road in Miami by its headquarters that could be...
National
Whistleblower: Wall Street Has Engaged in Widespread Manipulation of Mortgage Funds
This story was originally published by ProPublica. ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big...
Developer of Aman-branded towers in Miami Beach scores $35M loan
Billionaire Len Blavatnik’s Access Industries closed on a loan for the first Aman-branded development in South Florida. The developer,...
57 Ocean in Miami Beach scores $59M construction loan
Multiplan Real Estate Asset Management closed on a $58.5 million construction loan for 57 Ocean, a luxury condo project...
JPMorgan Chase buys own branch in West Palm
JPMorgan Chase bought its own bank branch in West Palm Beach for $5.7 million. Southern Dixie LLC, tied to Flagler Realty & Development, sold the 3,368-square-foot Chase bank branch at 3914 South Dixie Highway...
National
Bank OZK’s Q1 earnings fall 90%, but sees lending opportunities ahead
Bank OZK, one of the most active construction lenders in Miami and New York, is bracing for losses from...
National
Trump Org asks lender, landlord for a break
The Trump Organization, like many other companies, is hoping its lender will cut it a break. While it loses a million dollars a day to the coronavirus pandemic, the Trump Organization has been exploring...
South Florida lenders and landlords battle new coronavirus reality
As businesses shutter across South Florida and unemployment skyrockets to record highs, landlords are facing a difficult dilemma: How...
National
Condo lender Bank OZK reports lower profits in Q4
Bank OZK, which has been behind some of the largest condo loans in New York and Miami, reported a...
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