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New HomeStyle Energy Mortgage for your next property?

New HomeStyle Energy Mortgage for your next property?

Want to put solar panels on your roof — owning them outright rather than having to lease from some third-party company? There’s a new home mortgage program that’s just hit the market and could help make that happen. And since it’s long-term mortgage money, the interest rates are similar to those on a regular home loan — currently in the mid to upper 3 percent...

Wynwood Business Improvement District expanding its boundaries

Wynwood Business Improvement District expanding its boundaries

Looking to increase its revenue base, the Wynwood Business Improvement District, or BID, took the initial step needed to expand its boundaries on Thursday. At its regular monthly meeting, the BID’s board voted to begin the process of drafting legislation that would redraw the district’s map to include several dozen commercial properties that are currently not...

Coral Gables Office Building Trades For $57.5 Million

Coral Gables Office Building Trades For $57.5 Million

 – CRE-sources | South Florida Commercial Real Estate News In the largest commercial real estate transaction to take place in Coral Gables this year, a joint venture between Greenstreet Partners and principals of CREC have sold the 2121 Ponce office building to a member company of Zurich North America (“Zurich”) for $57.5 million. Zurich was advised by...

Partners boost loan to $220 million in Miami Design District

Partners boost loan to $220 million in Miami Design District

It’s all about leverage for partners RedSky Capital and JZ Capital Partners. The two investment firms just borrowed an additional $34 million against their assemblage in Miami’s Design District, boosting their total loan principal to a whopping $220 million. County records show the companies took out their new financing for 11 parcels at the corner of North...

Miami’s changing. Where do you fit in?

Miami’s changing. Where do you fit in?

Is Miami your city? Pick a city that optimizes your life Richard Florida, who’s made a career of thinking and writing about how to make cities more awesome, spends a lot of time thinking about Miami. The globetrotter has chosen Toronto and Miami as his home bases, and in his latest study he drops knowledge about how Miami can be more creative and inclusive...