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Category: Business

PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood
Business

PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood

April 22, 2025April 22, 2025

PMG and Lndmrk Development are teaming up to build a short-term rental-friendly condo project in Miami’s Wynwood neighborhood. The developers are planning the eight-story, 233-unit

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Canadian investor pays M for Boca Raton office building 
Business

Canadian investor pays $21M for Boca Raton office building 

April 22, 2025April 22, 2025

A Canadian investment firm bought an office building in Boca Raton for $20.6 million.  Ontario-based Axia GeoCapital, led by Nickolas Georghiades, bought the seven-story One

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Moto Capital boss sells Fisher Island penthouse for M
Business

Moto Capital boss sells Fisher Island penthouse for $21M

April 22, 2025April 22, 2025

In a case of not island hopping, but island home hopping, the head of a local investment firm sold his Fisher Island penthouse for $20.5

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Hialeah to consider affordable housing density bonuses
Business

Hialeah to consider affordable housing density bonuses

April 22, 2025April 22, 2025

Developers could add more density to mixed-income multifamily projects in Hialeah, if they set aside units for low-income residents.  On Wednesday, the Hialeah City Council

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Florida lawmakers consider bill that would eliminate real estate’s regulatory board 
Business

Florida lawmakers consider bill that would eliminate real estate’s regulatory board 

April 22, 2025April 22, 2025

The future of the Florida Real Estate Commission is in the hands of lawmakers.  FREC, which oversees real estate agents, brokers and brokerages, could be

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Continuum closing tops Miami-Dade weekly condo sales 
Business

Continuum closing tops Miami-Dade weekly condo sales 

April 22, 2025April 22, 2025

Miami-Dade County’s condo sales and dollar volume rose last week.  Brokers closed 141 condo sales totaling $136.5 million from April 13 to April 20. The

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Seagis nabs M refi for Miami-Dade industrial portfolio
Business

Seagis nabs $88M refi for Miami-Dade industrial portfolio

April 21, 2025April 21, 2025

Seagis Property Group landed an $87.7 million refinancing for an industrial portfolio in Miami-Dade County. State Farm Life Insurance Company provided the loan to Conshohocken,

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Widow sells oceanfront Palm Beach house for M, down from M asking price
Business

Widow sells oceanfront Palm Beach house for $27M, down from $39M asking price

April 21, 2025April 21, 2025

A widow sold her oceanfront house in Palm Beach for $26.7 million, down from the $39 million she listed it for over a year ago. 

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Canadian businessman secures buyer for M waterfront Miami Beach mansion
Business

Canadian businessman secures buyer for $36M waterfront Miami Beach mansion

April 21, 2025April 21, 2025

Canadian businessman Stan Bharti found a buyer for his waterfront mansion on North Bay Road in Miami Beach, asking $36 million.  The pending sale tops

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Lease roundup: Nicklaus Children’s Hospital takes space in Coral Gables, vitamin firm opens Palm Beach County facility
Business

Lease roundup: Nicklaus Children’s Hospital takes space in Coral Gables, vitamin firm opens Palm Beach County facility

April 21, 2025April 21, 2025

Nicklaus Children’s Hospital | Coral Gables  Nicklaus Children’s Hospital signed a lease for space at Columbus Center in Coral Gables.  The hospital leased 67,700 square

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