Real Estate Rumors: Archimedean, Jackson Square, Berger

Law360 (October 9, 2020, 3:09 PM EDT) — Archimedean Academy has paid $16.94 million for the charter school campus it had been leasing in Kendall, Florida, the South Florida Business Journal reported Friday. The deal is for a 103,274-square-foot campus at 12425 S.W. 72nd St. and the seller is Archimedean Properties LLC, according to the report.

Jackson Square Properties has landed $454 million worth of Fannie Mae-backed financing for a portfolio of multifamily properties in California, Oregon and Utah, Commercial Observer reported Friday. The loan is for five properties in California and single properties in Oregon and Utah according to the report, which did not provide additional lender-side details….

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Real Estate Rumors: JDS Development, Starwood, Kolter

Law360 (October 7, 2020, 5:59 PM EDT) — JDS Development Group is seeking approval for a massive mixed-use project in Miami’s Brickell neighborhood, the South Florida Business Journal reported on Wednesday. The developer is hoping to get the green light for its 1 Southside Park project, which is slated to have 1 million square feet of apartments, 200,000 square of office space, 110,000 square feet of hotel space, 11,000 square feet of restaurant space and 100,000 square feet of health and wellness space, according to the report.

Starwood Mortgage Capital has loaned $89 million to JDS Real Holdings for a portfolio of medial office properties in Florida and California,…

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Real Estate Rumors: Elizabeth Delgado, Fulton, Coral Rock

Law360 (October 2, 2020, 5:31 PM EDT) — Dade County Federal Credit Union has provided $10 million in financing for a pair of Kendall, Florida, office buildings, the South Florida Business Journal reported Friday. The loan is for 10700 SW. 88th St. and 8900 SW. 107th Ave., which have a combined 66,578 square feet, and the borrower is an entity managed by investor Elizabeth Delgado, according to the report.

A venture that includes Fulton St. Cos. is seeking to sell a Chicago office building and could set a city record for the highest sale price per square foot, Crain’s Chicago Business reported Thursday, citing a source with knowledge of…

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Real Estate Rumors: CorePoint Lodging, Redwood, Gil Dezer

Law360 (September 25, 2020, 5:04 PM EDT) — CorePoint Lodging, a hotel real estate investment trust, has sold a Deerfield Beach, Florida, La Quinta property for $5.7 million, The Real Deal reported Friday. The deal is for 100 S.W. 12th Ave., a 79-room hotel, and the buyer is an entity managed by investor Ketankumar Patel, according to the report.

Redwood Capital Investments has purchased a pair of auto dealerships in Florida for $60.5 million, the South Florida Business Journal reported Friday. The deal is for 5901 Madison Ave. in Tamarac and a property in Margate that’s located at 2250 N. State Road 7 and 5410 N.W. 24th St., and…

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Real Estate Rumors: Invictus, IMC Equity, Prologis

Law360 (September 24, 2020, 6:19 PM EDT) — Invictus Real Estate Partners has purchased the 90% portion of a Connecticut apartment complex it hadn’t already owned in a deal valuing the property at $157 million, The Real Deal reported on Tuesday. The firm bought the 90% stake in The Waypointe, a 464-unit complex at 515 West Ave. in Norwalk, Connecticut, and the seller is Carmel Partners, according to the report.

IMC Equity Group is hoping to build a mixed-use project in Miami’s West Little River neighborhood, the South Florida Business Journal reported on Thursday. The company is seeking permission to build an 11-story project at 2963 N.W. 79th St.,…

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