MIAMI BEACH, Fla., Jan. 3, 2021 /Commercialobserver/ Once the scene of an iconic cinematic murder, a South Beach building that now houses a CVS Pharmacy has traded hands for $30.9 million, property records show. The two-story building sits in a prime Miami Beach spot at 728 Ocean Drive, a popular pedestrian street, facing the beach. It served as a set […]
MIAMI, Fla., Nov. 19, 2021 /MiamiHerald/ From the gorgeous tile to the rich room furnishings to the white-washed Spanish-style paseos winding through small, sunny nooks and courtyards, the new Esmé Miami Beach hotel is a tribute to Española Way’s past — and maybe a barometer of its future. The engaging new design of the hotel on the […]
An Artful Collage of Bohemian Grandeur alongside Miami’s Historic Española Way MIAMI BEACH, Fla., Nov. 10, 2021 /PRNewswire/ Infinity Hospitality proudly unveils Esmé, a new boutique hotel located along Miami Beach’s charming pedestrian plaza, Española Way. The Spanish-Mediterranean revival property was originally known as the “Spanish Village” when it opened in 1927 and was built as a bohemian artist’s colony. […]
Ramsey Qubein | Apr 25, 2021 Even before the Covid-19 pandemic, Miami Beach, as a destination, was hot seeing plentiful hotel openings and high nightly rates for its most popular hotels. With Coronavirus came a penchant for being outdoors and the destination stayed top of mind. Travel Weekly reports tremendous growth for hotels in Florida, Georgia and South […]
Sandy Beall, founder of Ruby Tuesday, and Doug Jacob of &Pizza serve as co-CEOs of FAST Acquisition Corp. Ron Ruggless | Aug 19, 2020 Founders of restaurant brands ranging from Ruby Tuesday to &Pizza are partnering in a blank-check acquisition company to raise as much as $200 million to buy into unidentified hospitality and restaurant businesses, according […]
New York, NY February 12, 2020 – A year and half after delivering the first Class-A, full-service, retail and office property in the Midwood neighborhood of Brooklyn, Infinity Real Estate announced that it has sold its Kingswood Portfolio to Urban Edge Properties for $165 million in an off-market transaction. The recently developed 110,000 square foot […]
New York-based Apple Core Holdings paid $32.5 million for an Ocean Drive building in Miami Beach, The Real Deal has learned. Infinity Real Estate sold the roughly 19,000-square-foot building at 1200 Ocean Drive, across from the beachfront Lummus Park, said Infinity partner David Berg. The company acquired the property from Goldman Properties in 2016 for […]
1200 Ocean Drive Sells to Core Ocean Drive LLC for $32.5 Million MIAMI, FL, USA, December 24, 2019 – EINPresswire.com – Infinity Real Estate LLC (“Infinity”) sold 1200 Ocean Drive (“1200 Ocean”) to Core Ocean Drive LLC, an affiliate of the New York based Applecore Holdings. The property was sold for $32.5 million in an […]
With borrowers willing to pay a premium rate in favor of more leverage and more flexible loan provisions, bridge lenders and alternative lending platforms are finding a robust pipeline of deal flow. New York City, NY – December 09, 2019 – globest.com – Debt service coverage, debt yields, and loan-to-value restrictions have challenged the ability […]
“Hospitality and experience are the new buzz words for real estate, and seemingly as common and important as location.” Brooklyn, NY – November 15, 2019 – globest.com – Move aside ‘location, location, location.’ Experience has become the new buzzword for commercial real estate. Or if you prefer, the more traditional word ‘hospitality.’ “Hospitality and experience […]
Brooklyn, NY – October 24, 2019 – Brooklyn, traditionally considered a back-office for Manhattan companies, is getting closer to becoming the main office for important businesses. Retail is affected by the borough’s walkability, proving brick and mortar retail is not dead. Discussion included the future of Coney Island, Red Hook, East New York.
Brooklyn, NY – September 16, 2019 – law360.com – Amerant Bancorp said Monday that it has provided a joint venture with a $49 million first mortgage loan to finance a five-story, 109,623-square-foot property in Brooklyn that features both office and retail space. Florida-based Amerant Bancorp Inc. said that it arranged refinancing on behalf of a […]
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