An entity linked to the hedge fund Alden Global Capital sold a waterfront spec house on Miami Beach’s North Bay Road for $29.5 million. 4774
Category: Business
Canero completes Coconut Grove condo buyout
Jose Canero’s Canero Group paid $17.3 million to acquire all the units in a Coconut Grove condo building. Property records show Canero affiliate WNG Miami
Developer proposes 42-unit condo project with workforce units in Kendall
A developer proposes a 42-unit condo project with workforce units in Kendall, amid a flurry of proposals for below-market rate housing in South Florida. An
PMG again looks to attract crypto condo buyers
PMG is jumping back into the cryptocurrency buyer pool via a collaboration with Shift4, a payment processing company. Miami-based PMG is offering the option to
Giuseppe Iadisernia scores $112M construction loan for second Hallandale Beach condo tower
Developer Giuseppe Iadisernia scored a $112 million construction loan for the east tower of his planned Oasis Hallandale condo development, bringing his total financing for
Miami-Dade weekly condo sales hit $124M, Fisher Island deal tops closings
Miami-Dade County’s condo sales and dollar volume rose last week, despite a drop in the average sale price. Brokers closed 127 condo sales totaling $123.7
Miami Worldcenter developers list retail for sale, seek over $300M
Miami Worldcenter Associates listed the retail component of the mixed-use downtown Miami development for sale, The Real Deal has learned. The developer, a joint venture
Gencom, Fortune land $300M refi for Key Biscayne Grand Bay project
Karim Alibhai’s Gencom and Edgardo DeFortuna’s Fortune International Group are teaming up to combine two Key Biscayne waterfront sites, consisting of a Ritz-Carlton hotel and
Hot stuff: Envision Cold enters Florida by picking up West Little River freezer facilities for $47M
Envision Cold made its first Florida commercial real estate play, paying $47.2 million for a freezer facility complex in West Little River. An affiliate of
Luxe signed contracts drop in Miami-Dade
As temperatures rose outdoors last week, surpassing 90 degrees, the number of signed luxury contracts fell. Still, buyers signed nearly a dozen contracts for pricey