Boca Raton News
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Today in Boca Raton
Pearlmark Provides $81M for Apartment Project in Coral Gables
Swiss investment firm Empira Group has secured an $81 million construction loan to build a 160-unit multifamily development in Coral Gables, Fla. Pearlmark provided the financing for Aurelian, a 12-story multifamily project on a 1.2-acre…
Read MoreCiti Provides $210M Refi for Grand Hyatt Resort in Southern California
Citi has provided $210 million in refinancing for Trinity Investments’ 531-key luxury hotel in Southern California’s Coachella Valley. JLL Capital Markets arranged the five-year, floating-rate, single-asset, single-borrower commercial…
Read MoreL.A. Industrial Vacancy Falls for First Time in Two Years
Los Angeles County’s industrial real estate market extended its recovery over the summer with its fourth quarter in a row of positive net absorption and its first annual decline in vacancy in at least two years. A new report from CBRE…
Read MoreWalker & Dunlop Investment Partners Supplies $63M Refi for Illinois Apartments
Noah Properties has landed $62.5 million of lease-up financing for a newly built multifamily development in suburban Chicago, Commercial Observer has learned. Walker & Dunlop Investment Partners (WDIP) originated the loan for 945 Nanusha…
Read MoreSkin Care Brand FaceGym to Open New Tribeca Location at 110 Reade Street
Time to face the music. FaceGym, a skin care brand that describes itself as a “facial fitness” studio, has inked a 10-year, 2,400-square-foot lease for a new Tribeca spot at 110 Reade Street, according to landlord broker Platinum…
Read MoreSMBC Refis Apartments Near Dallas, Philly With $108M Loan
The Philadelphia Eagles and Dallas Cowboys are longtime fierce rivals in the National Football League’s NFC East, but the two markets have a common link in one of commercial real estate’s latest multifamily financings. Ares Real Estate has…
Read MoreBoca Repeals Nuisance Wildlife Ordinance, Approves Broken Sound Development
An ordinance that banned the feeding of certain nuisance wildlife animals that the Boca Raton... The post Boca Repeals Nuisance Wildlife Ordinance, Approves Broken Sound Development appeared first on Boca Raton Magazine.
Read MoreChoteo
By Douglas G Logan In Cuban culture, ‘el choteo’ is a well-known social and philosophical concept, describing a national tendency to treat authority, solemnity, or rigid hierarchy with irreverence and humor. It was written about…
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