Florida

Bridge picks up Florida apartments in deed-in-lieu deal

A New York multifamily firm gave the keys back to Bridge Investment Group after owning the apartments for three years.

Sunrise Realty charts aggressive expansion course

The Florida-based commercial real estate lender wants to double origination as it grows its lending base.

Driftwood lines up $207m construction financing for luxury hotel

The financing for the Westin Cocoa Beach Resort & Spa includes a $137m C-PACE loan.

JVP, Hudson Bay originate $291m financing for mixed-use Miami project

Terra will use the permanent financing for the first phase of its Centro City development.

Madison Realty funds $107m loan for Miami luxury resi project

The borrower is an affiliate of Fort Partners, a developer based in Fort Lauderdale, Florida.

Scale funds $170m construction loan for Florida mixed-use project

The developer, Terra, will use the financing for the first phase of a $1bn mixed-use community in South Florida.

PGIM bulks industrial and retail exposure with $450m loan streak

The Newark-based manager has been refinancing sizable portfolios and tacking on more concentrated one-off deals to fuel momentum.

Miami’s condo development market reaches new heights

Alternative lenders are backing the city’s luxury condo boom.

Bayview adds ex-Kayne Anderson exec to head real estate debt

Andrew Smith will focus on expanding the Florida manager’s credit platform as it plans fund launch.

Sabal keeps sights on opportunistic, niche sectors to expand US debt portfolio

The California manager funded loans across New York, Washington, DC, Florida and Arizona through July and August.