“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. While Miami’s business and real
Category: Business
Bell Partners drops $79M for Kendall West apartment complex, its second South Florida multifamily deal this month
Bell Partners scooped up a 228-unit apartment complex in Kendall West for $78.5 million, marking its second investment this month in South Florida’s multifamily market.
Longpoint’s industrial binge: $331M South Florida warehouse portfolio purchase from Blackstone
Longpoint Realty Partners continues to gorge on South Florida industrial properties, picking up a Blackstone warehouse portfolio for a combined $331.3 million. The purchase represents
Closings begin at Martin and Galbut’s $1B Five Park tower, tallest in Miami Beach
Developers Russell Galbut and David Martin completed the tallest building in Miami Beach, a 48-story condo tower called Five Park. Galbut’s family office, Miami-based GFO
Resi roundup: Luxury spec developers snap up and sell properties
In the latest roundup of South Florida luxury residential sales, luxury spec developers snapped up and sold properties. Deals spanned from Coral Gables to Fort
Two City Plaza closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales rose last week, while dollar volume fell. Brokers closed 82 condo sales totaling $31.7 million from Nov. 17th to Nov.
Electra, BH land $125M pre-dev loan for $1B Southplace City Center in Cutler Bay
Electra America and BH Group are gearing up for the first phase of a $1 billion mixed-use project in Cutler Bay after landing a $125
Multifamily deals heat up: Blackstone sells 349-unit Miramar rental complex for $121M
Blackstone sold a 349-unit apartment complex in Miramar for $121.3 million, a sign that multifamily deals are heating up. Greensboro, North Carolina-based Bell Partners, through
IMC Equity bags Miami shopping center for $62M –– 33% less than last sale price over a decade ago
IMC Equity Group bagged a retail center in Miami for $62 million, marking a 32.6 percent discount off its purchase price over a decade ago.
On hallowed ground: Pulte plans 42-unit Wellington luxury community on 23-acre church site
National homebuilder PulteGroup is planning a 42-unit luxury single-family home community in Wellington. The developer’s luxury division, DiVosta, just bought the 22.5-acre site from the