Waterfront Miami Site Hits Market Asking Over $1B

A 16-acre development site on Biscayne Bay has hit the market, with the seller — a gaming giant from Malaysia that tried and failed to develop a casino — expecting to reap $1B from a sale. Genting Malaysia Bhd is looking to sell its coveted Downtown Miami waterfront...
Battista Farms In Fort Myers Sells

Battista Farms In Fort Myers Sells

Juniper Landscaping, Bregal Partners and Liberty 44 LLC purchased 19490 S. Tamiami Trail in Fort Myers from Battista Farms for $5.3 million.  Lonely Lake LLC purchased 220 acres at 2650 State Road 31 in Punta Gorda from Battista Farms for $3.25 million. Darius L....
Institutional Investors Eye CRE Despite Slump In Confidence

Institutional Investors Eye CRE Despite Slump In Confidence

Institutional investors are continuing to increase target allocations to real estate despite the first decline in confidence among the segment in five years. The tenth annual Institutional Real Estate Allocations Monitor by Hodes Weill & Associates and Cornell...