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A family from New York City has agreed to pay $47 million for a penthouse at the under-construction St. Regis Residences in the heart of Miami’s Brickell financial district, where they will count billionaire Ken Griffin among their neighbors. The sale price is one of the highest ever recorded for a condominium in Brickell, falling…
Berkadia secured $12.66 million to refinance Mirage Bay, a 137-unit garden-style multifamily community in Fort Myers, Florida. Mitch Sinberg, Scott Wadler, Matt Robbins and Brad Williamson of Berkadia Miami and Boca Raton secured the financing on behalf of the sponsor, Rich Properties. Berkadia originated, and Freddie Mac secured, a fixed-rate, seven-year loan, with four years…
CBRE has added Robert Koontz as head of multifamily debt capital markets after he led a similar role at Freddie Mac, the company announced Monday. Koontz, who spent 17 years at Freddie Mac and most recently served as head of multifamily capital markets at the government-sponsored enterprise, joined CBRE on July 6 as part of…
U.S. stock-index futures rallied and oil prices tumbled on Sunday as the U.S. and Iran took a pause from fighting, and as Wall Street gears up for the Fed’s meeting and key earnings reports from Big Tech companies.
Keefe, Bruyette & Woods (KBW), a boutique investment firm owned by Stifel, has issued a bullish outperform rating on Coinbase (NASDAQ:COIN) and set a $237 price target. According to the report viewed by CI, KBW views Coinbase as the preeminent franchise and a cycle call given the stock’s continued sensitivity to crypto prices and activity. The firm…
The two sides split over whether they had a valid lease. Valley Auto claimed the parties signed two written leases in December 2024 with an effective date of January 1, 2024. Valley Auto sued on January 15, 2025, seeking a court order declaring the leases valid and enforceable. Six Brothers filed eviction actions on February…