Real Estate

Apollo wins approval for multifamily project in Dania Beach

The Real Deal South Florida 9/29 11:30A By Mike Seemuth
The Apollo Companies Edward Abbo and a rendering of the 12-story, 278-unit apartment development in Dania Beach (The Apollo Companies, City of Dania Beach DRC) A developer won site plan approval for a...

Montford, Opterra JV buys Hilton Garden Inn Miami Beach for $28M

The Real Deal South Florida 9/29 10:30A By Kate Hinsche
Montford Group Sunju Patel and Opterra Capital Glenn Alba with 2940 Collins Avenue (Montford Group, Getty) A joint venture bought the Hilton Garden Inn Miami Beach from Baywood Hotels for $28 million....

PMG, Greybrook score $235M refi of downtown Miami project

The Real Deal South Florida 9/29 9:30A By Katherine Kallergis
From left: Property Markets Group s Ryan Shear, Kevin Maloney and Dan Kaplan with Elser Hotel & Residences (Property Markets Group) Property Markets Group and Greybrook secured a $235 million...

Mortgage rates climb to 15-year high

The Real Deal South Florida 9/29 8:30A TRD Staff
(Illustration by The Real Deal with Getty) Mortgage rates hit their highest level in 15 years, continuing a surge that’s likely no longer a big surprise in the market, but not any less painful. The...

Mortgage Rates March Towards 7%, Reaching Highest Level Since 2007® Real Estate News 9/29 7:15A Aarthi Swaminathan
Getty Images The numbers:  Mortgage rates continue to march towards 7%, continuing to pressure potential homeowners looking to buy a home. The 30-year fixed-rate mortgage averaged 6.7% as of Sept. 29,...

Whales buy the dip in Compass

The Real Deal South Florida 9/29 6:30A By Christian Bautista
(Illustration by The Real Deal with Getty Images) When it comes to Compass, the whales are buying the dip. Several dozen institutional investors have taken up positions in the residential brokerage as...
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