Terra Nabs $245M Permanent Loan for 47-acre Project in Miami-Dade
Why this matters
Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. Miami continues to absorb foreign capital and high-net-worth domestic migration. Brickell and Edgewater multifamily cap rates have led the recent compression, and hospitality continues to clear at premium basis on the back of constrained supply. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.
Editorial analysis · Real Estate Trail Editorial
On the RET wire
- The 40th Miami story tracked on the wire in August 2026. All Miami coverage →
- Disclosed capital deal value tracked in August 2026: $33.8B across 46 reported transactions.
Computed from Real Estate Trail’s own tracked coverage
Terra has secured a $245 million permanent loan for the first phase of a 47-acre transit-oriented development near the edge of Miami-Dade County, the Miami-based development firm announced. The financing from Slate Pr…
External link. Real Estate Trail does not republish source content.
Related coverage — Miami · Capital
Starwood Property Trust Announces Date for Third Quarter 2026 Earnings Release and Conference Call
MIAMI, Oct. 12, 2026 /PRNewswire/ -- Starwood Property Trust (NYSE: STWD) today announced that the Company will release its third quarter 2026 financial results on Friday, November 6, 2026, before the opening of tradi…
Association Law Group (ALG) Celebrates 20 Years with Growing Roster of Top Attorneys, Expanded Offices and representing Miami's Premier Towers
MIAMI, Oct. 12, 2026 /PRNewswire/ -- Association Law Group (ALG), a Miami-based law firm dedicated to representing community associations and condominiums, celebrated its 20th year anniversary in business. ALG was pre…
Publix rings up another Miami-Dade shopping center on heels of $83M deal
Florida People & Companies, October 16, 2026
CBRE named Greg Kuhlman Market Leader and Senior Managing Director for Miami and Fort Lauderdale. Based in Miami, Kuhlman will oversee CBRE’s business across the Miami and Fort Lauderdale markets. Kuhlman brings more…