HFF

Miami — Holliday Fenoglio Fowler, L.P. (HFF) has arranged $550 million in financing for the expansion of the iconic Bal Harbour Shops, a 463,114-square-foot, open-air, luxury shopping destination anchored by Saks Fifth Avenue and Neiman Marcus along Miami Beach in Bal Harbour, Fla. The loan, borrowed by Whitman Family Development, is one of the largest construction loans ever to close in Miami. Loan proceeds will be used to retire an existing loan and expand Bal Harbour Shops by an additional 300,000 square feet, including a 57,414-square-foot space to be occupied …

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