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Category: Business

Judge sides with hotel owner in Kimpton Miami Beach squabble
Business

Judge sides with hotel owner in Kimpton Miami Beach squabble

August 12, 2025August 12, 2025

Siblings Sean and Nicole Mirmelli suffered a significant setback in their legal battle to kill a 99-year ground lease tied to one of two parcels

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Jade Signature closing tops Miami-Dade weekly condo sales 
Business

Jade Signature closing tops Miami-Dade weekly condo sales 

August 12, 2025August 12, 2025

Miami-Dade County condo sales dipped last week. Brokers closed 80 condo sales totaling $82,283,112 from Aug. 4 to Aug. 10. The previous week, brokers closed

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Adam Neumann’s Flow, partners take majority stake in Chetrit’s Miami River megaproject
Business

Adam Neumann’s Flow, partners take majority stake in Chetrit’s Miami River megaproject

August 12, 2025August 12, 2025

The Chetrit Group is bringing on a partnership led by billionaire Adam Neumann’s Flow, Canada Global and billionaire Yakir Gabay’s Yellowstone Trust as the majority

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Repo king sells waterfront Fort Lauderdale mansion to Michael Andretti for M
Business

Repo king sells waterfront Fort Lauderdale mansion to Michael Andretti for $27M

August 11, 2025August 11, 2025

Retired racing driver Michael Andretti paid $27.4 million for a waterfront compound in Fort Lauderdale, marking one of the priciest home sales in the city

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AIDS Health Foundation drops M for Miami Gardens hotel in all-cash deal
Business

AIDS Health Foundation drops $24M for Miami Gardens hotel in all-cash deal

August 11, 2025August 11, 2025

In an all-cash deal, a Los Angeles-based organization that provides affordable housing to individuals diagnosed with HIV and AIDS bought an aging Miami Gardens hotel

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Convicted baby formula fraudster’s waterfront Golden Beach home finds buyer
Business

Convicted baby formula fraudster’s waterfront Golden Beach home finds buyer

August 11, 2025August 11, 2025

The penthouse at Regalia, a luxury condo tower in Sunny Isles Beach, finally secured a buyer, topping luxury residential sales activity last week across Miami-Dade

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Jenny Bernell’s Clearline scores M construction loan for 310-unit Wynwood apartment project 
Business

Jenny Bernell’s Clearline scores $89M construction loan for 310-unit Wynwood apartment project 

August 11, 2025August 11, 2025

Jenny Bernell’s Clearline Real Estate scored an $89 million construction loan for a 310-unit apartment project in Wynwood.  Clearline will start construction of the 12-story

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Lease roundup: Ideal Nutrition opens in Fort Lauderdale, Bridge Industrial scores tenant in Doral
Business

Lease roundup: Ideal Nutrition opens in Fort Lauderdale, Bridge Industrial scores tenant in Doral

August 11, 2025August 11, 2025

Ideal Nutrition | Fort Lauderdale  Ideal Nutrition opened a store in downtown Fort Lauderdale, as part of its statewide expansion.    The healthy meal delivery

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Movers & Shakers: Marcus & Millichap taps Max Beyderman in Fort Lauderdale office
Business

Movers & Shakers: Marcus & Millichap taps Max Beyderman in Fort Lauderdale office

August 11, 2025August 11, 2025

In the latest roundup of South Florida real estate hiring news, Marcus & Millichap added a commercial finance specialist to its ranks. Marcus & Millichap

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The Weekly Dirt: Is the B American Dream Miami too big to fail?
Business

The Weekly Dirt: Is the $4B American Dream Miami too big to fail?

August 10, 2025August 10, 2025

The Ghermezian family is still chasing the American Dream in Miami.  To the average person, it seems like the planned $4 billion, 6 million-square-foot entertainment

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