NEWS
BTI Partners, in partnership with Bridge Investment Group, has secured an $83 million construction loan for the redevelopment of the Hollywood Bread Building site in Florida. Demolished last year, the Bread Building was long neglected, and its site will now become 362 apartments with roughly 16,000 square feet of retail space. “The new Hollywood Bread […]
A joint venture led by BTI Partners can warm up construction of the former Bread Building site in Hollywood, after nabbing an $83 million loan. The Fort Lauderdale-based developer’s partnership with Bridge Investment Group secured the financing from Canadian Imperial Bank of Commerce, according to a press release. Cushman & Wakefield brokered the loan. Attorneys […]
Dominic Pickering, executive director for the West Coast of Florida at BTI Partners, talked about the significance of the Marina Pointe Tower One project, highlighting the transformation of South Tampa into a luxury market. He also mentioned that the influx of new residents from larger cities has influenced the demand for smaller, high-quality spaces, leading […]
Inflation is rapidly cooling across the U.S. — unless you live in Florida. Residents in the Miami-Fort Lauderdale-West Palm Beach area saw prices shoot up 9% in May compared with a year earlier. By comparison, nationwide inflation for the same period was less than half that rate, with prices rising 4% in May compared with […]
TAMPA, Fla. (WFLA) — This week marked a major milestone in a development that’s transforming part of South Tampa. Marina Pointe is a new luxury condo complex on 52 acres of land in the heart of the Westshore Marina District at Gandy and Westshore Boulevards. On Tuesday, Mayor Jane Castor and the developers held a […]
There’s plenty of land for development available nationwide, but it’s not cheap and hardly easy to acquire, zone, and develop. According to a recent report from Commercial Café, cities across the Texas Triangle have tens of thousands of acres of undeveloped land while densely built-up areas such as New York City still have plenty of […]
An NBA legend building affordable housing units, a Swiss food and beverage giant getting a new office, and a penthouse selling for $5.2 million top the week’s commercial real estate news. Naples/Fort Myers No sleep till Brooklyn: A trio of LLCs with ties to a Brooklyn, New York real estate investor has bought The Pearl […]
The South Florida developer behind some of the biggest master-planned communities in Central Florida has planted a $43 million flag on Polk County’s U.S. 27 corridor. Noah Breakstone, CEO of BTI Partners, for the first time discussed the company’s plans for a 1,841-acre master-planned community in the City of Lake Wales at the intersection of […]
The housing market may be turning a corner even as builders continue to contend with high construction costs and building material supply chain logjams, according to a new report from the National Association of Home Builders (NAHB). Its HMI index, produced with Wells Fargo, measures builder confidence in newly built single-family homes in February rose […]
BTI Partners of Fort Lauderdale isn’t stopping with 4,600 acres, or an investment of $116 million, in Northeast Florida. “We’re actively looking at other deals in Jacksonville and in the Northeast Florida area,” said CEO and Managing Partner Noah Breakstone. BTI Partners plans to open a branch office in Jacksonville this year.The group gained attention […]
For most of the 20th Century, the mention of Florida municipalities Lakeland and Winter Haven got folks thinking springtime and the crack of a bat on a baseball. Generations of Northerners journeyed south each March to catch the Detroit Tigers in their spring training home of Lakeland, and the Boston Red Sox (and later Cleveland […]
TAMPA, Fla. (WFLA) – A new, quick-service concept with boozy options for those with a sweet tooth will open in Tampa on Tuesday. Buzzed Bull Creamery, a frozen dessert shop, will open its first Florida location at 5220 Bridge Street in Tampa. The shop uses liquid nitrogen to provide premium ice creams and milkshakes. Buzzed […]