Forman Capital News Today : Breaking News, Live Updates & Top Stories | Vimarsana

South Florida Developers Turn to Condo Conversions

Multifamily distress has increasingly led developers to weigh converting their rental projects into condos.

United statesCoral gablesRaimundo onettoShawn amuialMiami health districtDevelopers henry pinoMalta developmentElser hotel residencesHolland knightMalta developersSociety biscayneElser hotelSouth floridaChip abeleCirc residencesCraig studnicky

Cushman & Wakefield Arranges $70 Million in | MultifamilyBiz com

MIAMI, FL - Cushman & Wakefield announced the commercial real estate services firm has arranged $70 million in construction financing for Domus Brickell Park, a 12-story, 172-unit residential condominium located at 1611 SW 2nd Avenue in Miami’s Brickell neighborhood. The building will follow a “flexible apartments for temporary stays (FLATS)” model and allow unrestricted short-term renting. Robert Kaplan and Mark Rutherford of Cushman & Wakefield secured the financing.

Cushman wakefieldRobert kaplanMark rutherfordRicardo duninMiami brickellOak developmentDomus brickell parkForman capitalCore capitalNorth developmentMiami based oak developmentExecutive managing directorBrickell parkPeacock roomCushman amp wakefield

Forman Capital Funds $54 56 Million Construction

PALM BEACH, FL - Forman Capital, a private direct real estate lender based in Palm Beach County, Florida, provided a $54.56 million construction loan to the developer of a condominium-hotel project in Miami’s Brickell Financial District. The 12-story, 172-unit Domus FLATS (Flexible Apartments for Temporary Stays) at Brickell Park will bring a new condo-hotel brand to the market and fill a void for flexible ownership product. Located at 1611 SW Second Ave., Domus FLATS is being developed.

Brickell parkUnited statesPalm beach countyBen jacobsonRicardo duninBrett formanScott mehlmanFounding partner of north developmentBrickell financialFlexible apartmentsTemporary staysNorth developmentOak capitalForman capital partner benForman capitalFounding partner

Movers & Shakers: Stantec Promotes Miami Principals

Movers & Shakers: Stantec Promotes Miami Principals
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

British columbiaUnited statesSankt peterburgBoca ratonPalm beachAida sanchez gomezAlberto fernandezJeffrey gershBen jacobsonElvira freire santamariaBrett formanAlberto gilNelson fernandezArturo vasquezChristopher toddGustavo alberti

Analysis of South Florida Construction Lending Environment

Analysis of South Florida Construction Lending Environment
therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.

Miami gardensUnited statesDania beachSri lankaFort lauderdaleGrove isleMiami beachBilzin sumbergCalixto garcia velezBilzin sumberg suzanne amaducciBen jacobsonSuzanne amaducciPeter mekrasReal estate finance councilAztec groupFortune international group