TYKO Capital has provided $817 million in construction financing for Faena Residences Miami, a two-tower luxury condominium development planned along the Miami River. Developers Fortune International Group and KAR Properties announced the financing Wednesday, October...
Miami-Dade County has already exceeded its annual record for home sales priced at $30 million or more, even as the broader residential market struggles with higher borrowing costs and fewer transactions. Through September, the county recorded 24 single-family and...
The gap between home sellers and buyers has never been wider in Redfin’s data. Across much of the Sun Belt, buyers have leverage that would have been difficult to imagine a few years ago. Affording the house is another matter. America has entered the strongest buyer’s...
Longpoint Partners, a Boston-based private equity real estate firm, has acquired a 10-building industrial portfolio in Florida’s Miami-Dade County for $195 million. The portfolio encompasses 729,901 square feet on approximately 41.8 acres in the region’s industrial...
A Miami real estate developer was sentenced to 11 years and four months in prison following his guilty plea to money laundering and payroll tax conspiracy charges. Rishi Kapoor was the CEO of Location Ventures, a real estate development company that purported to...