refinancings

From left: Peter Mekras, Martin Melo, and Carlos Melo, with Art Plaza

Melo Group lands $142M refi for Art Plaza

The Melo Group closed on $142 million in refinancing for Art Plaza in downtown Miami’s Arts & Entertainment District. The loan comes a year after Melo closed on a similar, $142 million refinancing of...

Melo Group lands $142M refi for Art Plaza
Jeffrey Soffer and Fontainebleau Miami Beach

Jeffrey Soffer scores $1.2B refi of Fontainebleau Miami Beach

Jeffrey Soffer closed on a $1.175 billion refinancing of the Fontainebleau Miami Beach, marking the latest restructuring of debt...

Jeffrey Soffer scores $1.2B refi of Fontainebleau Miami Beach
Neiman Marcus CEO Geoffroy Van Raemdonck (Credit: Getty Images)

Struggling Neiman Marcus scores loan from Credit Suisse for Coral Gables store

Neiman Marcus closed on a $37.38 million loan from Credit Suisse for one of its South Florida stores as...

Struggling Neiman Marcus scores loan from Credit Suisse for Coral Gables store
Bal Harbour Shops, Matthew Whitman Lazenby, Erica English, Howard Friedberg and Michael Katz

Whitman scores $550M loan for Bal Harbour Shops

UPDATED, July 8, 2:35 p.m.: Whitman Family Development closed on a $550 million loan for Bal Harbour Shops, as...

Whitman scores $550M loan for Bal Harbour Shops
JW Marriott Miami Turnberry Resort & Spa with Jeffrey Soffer, and a rendering of the Shore Club with Ziel Feldman

Jeffrey Soffer’s Turnberry Isle, HFZ’s Shore Club hotel close refinancings

The owners of two South Florida hotels closed on major refinancings of their properties, records show. JW Marriott Miami...

Jeffrey Soffer’s Turnberry Isle, HFZ’s Shore Club hotel close refinancings
More Americans are choosing not to tap into their home equity

More Americans are choosing not to tap into their home equity

American homeowners are doing something surprising: Despite record amounts of home equity available to them — an estimated $1.5...

More Americans are choosing not to tap into their home equity
Ivy Realty scores $46M refi for downtown Fort Lauderdale office tower

Ivy Realty scores $46M refi for downtown Fort Lauderdale office tower

Ivy Realty just scored a $46.1 million refinancing for its Tower 101 office complex in downtown Fort Lauderdale. J.P....

Ivy Realty scores $46M refi for downtown Fort Lauderdale office tower
Mortgage rates are going up, and homeowners are abandoning refinancings

Mortgage rates are going up, and homeowners are abandoning refinancings

Refinancings are comprising their lowest portion of the mortgage industry in more than 20 years. In 2017, the industry...

Mortgage rates are going up, and homeowners are abandoning refinancings
Rabideau Law Firm reported 681 mortgages above $1 million in Palm Beach County in the year ended in March.

Home equity lines are back en vogue

Tapping one’s home for cash is a “thing” again, according to the Wall Street Journal. Home prices around the nation are increasing, and with that, a growing confidence in home equity. Borrowing via home...

Home equity lines are back en vogue
Cash-out refinancings are on the rise, just like in 2008

Cash-out refinancings are on the rise, just like in 2008

They’re either a valuable financial tool for homeowners or a harbinger of trouble on the horizon: Cash-out refinancings, which...

Cash-out refinancings are on the rise, just like in 2008
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