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Forest Development, Royal Palm Companies Close $269M Build Loan for Mixed-Use in Lake Park By: Lisa McDuffie Boca Raton, FL-based Forest Development has engaged in a joint venture partnership with Royal Palm Companies for Nautilus 220, a mixed-use development comprised of 330 condominium residences...
CRE Investment Hot Streak Doused By Down Economy Economic forces at play across the globe, including the rising cost of capital and the threat of a U.S. recession have caused investors to think twice about how and where to place their money, with several leading indicators of deal volume slipping...
Forest Development Announces Joint Venture Partners And Closing Of $269 Million Construction Loan For 24-Story Nautilus 220 Luis Flores, Anthony Kang, and Rick Carroll of Saul Ewing LLP represented Forest Development in closing this transaction. “This transaction underlines the strength of Peter’s...
Forest Development and RPC Land $270M For Luxury Condo Near West Palm BY JULIA ECHIKSON Forest Development and Dan Kodsi’s Royal Palm Companies scored one of South Florida’s largest construction loans this year, $269 million, for a luxury condo project north of West Palm Beach, Fla. The waterfront...
$269 Million Construction Loan for South Florida Mixed-Use Project Is Among Largest of Its Kind “This transaction underlines the strength of Peter [Baytarian]’s vision and the importance of the Nautilus 220 project to the area,” said Anthony Kang, a partner with Saul Ewing.
PMG and Sentral Release Plans for Dual-Tower Multifamily Development in Brickell Saul Ewing attorneys Luis Flores and Sophia Rub represented the venture in closing the property acquisition. “This transaction speaks to the strength of the PMG-Sentral partnership in acquiring prime real estate in one...
This week, the stock market officially turned bear for the first time since March 2020, raising once again the possibility of a brewing recession. By Ashley Fahey – Editor, The National Observer: Real Estate Edition
PMG Plans Massive Resi Complex in Miami’s Brickell After $58M Land Buy BY JULIA ECHIKSON Property Market Groups (PMG) and Sentral are moving forward with their massive residential project in Miami’s Brickell district, after closing on a land acquisition.
EB-5 Program Returns, but Some Issues Unresolved “The industry is up in arms, and investors are losing confidence,” says attorney Ronald Fieldstone, partner in the Miami office of Saul Ewing.
To Correct, or to Let Stand? When high-profile figures lie about their academic records, the institutions they attended must perform a delicate balancing act between protecting their privacy and telling the truth. by Liam Knox “The hands of the institution are tied in a lot of ways from getting...