PMG, Greybrook score $235M refi of downtown Miami project
UPDATED, Sept. 30, 12:45 p.m.: Property Markets Group and Greybrook secured a $235 million refinancing for the Elser Hotel...
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Ari Pearl completes luxury apartment tower in Hallandale Beach, scores $150M refi
Ari Pearl’s mixed-use golf course development in Hallandale Beach completed its first phase, and he and his partner secured...
Melo nabs $248M refi for downtown Miami apartment towers
The Melo Group scored a $247.5 million refinancing for its Downtown 5th apartment towers, the developer’s first multifamily project...
National
Cash-out mortgage refinancing hits 14-year high
As home values continue to climb, owners eager for extra cash are seeing their dreams come true. Borrowers extracted...
Terranova scores $55M refi of Miracle Mile portfolio in Coral Gables
Terranova Corp. secured a $55 million refinance of its Miracle Mile portfolio in downtown Coral Gables, as the firm...
Qatari owner of St. Regis Bal Harbour to pay off Reuben Brothers with $188M refi
Qatari firm Al Rayyan Tourism Investment Company is set to close on a $188 million refinancing for the St....
Abu Dhabi sovereign wealth fund scores $180M refi of Miami Beach Edition hotel
The Abu Dhabi Investment Authority closed on a $180 million refinancing of the Miami Beach Edition, an oceanfront hotel...
National
Blackstone secures $1.1B refi on Sun Belt multifamily portfolio
Blackstone’s real estate investing arm is following up its record third quarter with a massive refinancing package. Blackstone Real...
National
Refinancing has saved homeowners billions, but window is closing
UPDATED Nov. 3, 2021, 3:49 p.m.: Low refinancing rates have helped homebuyers save loads of money throughout the pandemic,...
David Grutman and Pharrell’s Goodtime Hotel in South Beach scores $164M refi
Let the good times roll. David Grutman and Pharrell Williams’ Goodtime Hotel scored a $164 million refinancing. Washington Squared...
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