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Category: Business

MG Developer, Prosper jump into hot North Bay Village with condo development
Business

MG Developer, Prosper jump into hot North Bay Village with condo development

December 24, 2025December 24, 2025

Alirio Torrealba’s MG Developer and Prosper Group are planning a 30-story waterfront condo tower in North Bay Village. MG and Prosper are proposing a 30-story,

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SC Johnson billionaire sells Palm Beach home for M
Business

SC Johnson billionaire sells Palm Beach home for $17M

December 24, 2025December 24, 2025

Billionaire SC Johnson heiress Winifred Johnson-Marquart sold a home in Palm Beach two months after upsizing to a $30 million landmarked home on the island.

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Coral Rock scores M construction loan for Live Local Act project in Allapattah
Business

Coral Rock scores $54M construction loan for Live Local Act project in Allapattah

December 23, 2025December 23, 2025

Coral Rock Development Group scored a $54 million construction loan for a Live Local Act project in Miami’s Allapattah.  Developers across South Florida have seized

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How Steve Witkoff’s Shell Bay Club became ground zero for global conflict negotiations
Business

How Steve Witkoff’s Shell Bay Club became ground zero for global conflict negotiations

December 23, 2025December 23, 2025

A private country club in South Florida has become an epicenter of high-stakes global diplomacy.  Delegations from at least nine nations convened over the weekend

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Miami’s biggest hotel deals of the year were 0M teardowns
Business

Miami’s biggest hotel deals of the year were $200M teardowns

December 23, 2025December 23, 2025

South Florida’s biggest hotel trades of 2025 were led by three nine-figure deals for waterfront and resort properties, as investors bet on continued strength in

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Vlad Doronin joins Oak Row on record 0M deal for waterfront Brickell assemblage
Business

Vlad Doronin joins Oak Row on record $520M deal for waterfront Brickell assemblage

December 23, 2025December 23, 2025

Oak Row Equities and Vlad Doronin’s OKO Group teamed up to pay a record $520 million for Aimco’s waterfront Brickell assemblage, with plans for a

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Wellness wave drives top South Florida retail leases of 2025
Business

Wellness wave drives top South Florida retail leases of 2025

December 23, 2025December 23, 2025

South Florida’s top retail leases reveal what still worked in a year of cooling markets with lower rents and higher vacancies.  Grocery stores and fitness

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Hospitality mogul, Six Senses developer plan bayfront luxury condo development in Miami’s Morningside
Business

Hospitality mogul, Six Senses developer plan bayfront luxury condo development in Miami’s Morningside

December 23, 2025December 23, 2025

Hospitality mogul and food and beverage entrepreneur James Brennan closed on a bayfront development site in Morningside, where he and a partner plan a luxury

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Focus, Group Fox land 0M construction loan for Brickell Starlite
Business

Focus, Group Fox land $250M construction loan for Brickell Starlite

December 22, 2025December 23, 2025

Focus and Group Fox scored a $250 million construction loan for their planned multifamily tower Brickell Starlite.  Affinius Capital provided the financing for the project

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Fort Partners sells oceanfront penthouses for M amid rush of year-end closings
Business

Fort Partners sells oceanfront penthouses for $69M amid rush of year-end closings

December 22, 2025December 22, 2025

Nadim Ashi’s Fort Partners sold a penthouse in Seaway at the Surf Club for $54.9 million. It was part of a pair of deals tied

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