Recent commercial real estate activity across Florida includes a mix of refinancing, lending and leasing transactions involving multifamily, retail and corporate users.
Berkadia secured a $12.66 million refinancing for Mirage Bay, a 137-unit garden-style multifamily community in Fort Myers, Florida. The financing team of Mitch Sinberg, Scott Wadler, Matt Robbins and Brad Williamson from Berkadia offices in Miami and Boca Raton arranged the loan on behalf of the sponsor, Rich Properties. Berkadia originated the financing, while Freddie Mac provided a fixed-rate, seven-year loan that includes four years of interest-only payments.
In Boca Raton, Stream announced two separate lease transactions in Florida. Luggage company Travelpro renewed its 30,000-square-foot headquarters lease at 6500 Park of Commerce Blvd. Dean Katz, Greg Katz and Adam Bernstein with Stream represented the tenant, Travelpro, in the renewal. Eric Cantor of Cushman & Wakefield served as third-party broker, representing the landlord, Faropoint, in the headquarters lease.
Also in Boca Raton, Backyard Breaks leased 25,000 square feet at 5201 Congress Ave. for its new headquarters and flagship South Florida location. Stream professionals Dean Katz, Greg Katz and Carlyle Coffin represented the tenant, Backyard Breaks, in the transaction. Joe Freitas of CBRE acted as third-party broker, representing the landlord, Mainstreet Capital Partners, on the lease.
In Miami Gardens, United Capital obtained a $9 million refinancing for Ives Plaza, a 56,841-square-foot neighborhood shopping center at 19904-19960 NW 2nd Avenue. Metropolitan Commercial Bank provided the financing. United Capital had acquired Ives Plaza in December 2025 for $12 million from Sunbeam Television and has begun executing a strategic leasing and repositioning plan focused on improving the tenant mix and supporting long-term value creation at the property.
Together, these transactions illustrate ongoing refinancing activity involving agency and bank lenders, along with corporate occupancy commitments and expansions across Florida's multifamily, retail and office-related footprints.
