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Category: Business

Pitbull’s charter school could buy historic Olympia Theater from city of Miami in no-bid deal
Business

Pitbull’s charter school could buy historic Olympia Theater from city of Miami in no-bid deal

June 25, 2025June 25, 2025

City of Miami commissioners will vote on a resolution to sell the historic Olympia Theater in downtown Miami to rapper Pitbull’s charter school nonprofit.  The

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Blackstone’s South Florida industrial sell-off hits B
Business

Blackstone’s South Florida industrial sell-off hits $1B

June 25, 2025June 25, 2025

Blackstone and Link Logistics sold another South Florida industrial property — to surpass the $1 billion mark in six separate deals since November.  The sales

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Microsoft-linked buyer is assembling a 0M Palm Beach portfolio
Business

Microsoft-linked buyer is assembling a $350M Palm Beach portfolio

June 25, 2025June 25, 2025

A buyer linked to Microsoft is assembling a sprawling portfolio of Palm Beach properties, in a series of deals that will likely total more than

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DMD Ventures claims lender seeks unlawful foreclosure of Fort Lauderdale dev site
Business

DMD Ventures claims lender seeks unlawful foreclosure of Fort Lauderdale dev site

June 25, 2025June 25, 2025

DMD Ventures launched a preemptive legal strike in an attempt to stave off foreclosure of a 2-acre multifamily development site in Fort Lauderdale.  On June

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Lennar proposes 106 townhouses near Homestead, as it continues to target south Miami-Dade
Business

Lennar proposes 106 townhouses near Homestead, as it continues to target south Miami-Dade

June 25, 2025June 25, 2025

Lennar wants to develop 106 townhouses near Homestead, as the homebuilding giant continues its development spree in south Miami-Dade County.  The Miami-based firm, led by

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Beating the heat: Palm Beach County weekly condo sales surge to 9M
Business

Beating the heat: Palm Beach County weekly condo sales surge to $239M

June 25, 2025June 25, 2025

It was a busy week for brokers in Palm Beach County’s condo market, with sales and dollar volume soaring.  All but one of the top

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Catsimatidis leases entire office space at downtown St. Pete project to financial services firm 
Business

Catsimatidis leases entire office space at downtown St. Pete project to financial services firm 

June 24, 2025June 24, 2025

Billionaire developer John Catsimatidis Sr. fully leased the office space at his downtown St. Petersburg mixed-use project to a financial services firm.  Dynasty Financial Partners

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South Florida residential sales plummet in May
Business

South Florida residential sales plummet in May

June 24, 2025June 24, 2025

South Florida’s residential sales and dollar volume plunged in May, continuing a monthslong market slowdown. Dollar volume for Miami-Dade, Broward and Palm Beach counties dipped

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DeSantis signs amended condo safety bills into law on anniversary of Surfside collapse
Business

DeSantis signs amended condo safety bills into law on anniversary of Surfside collapse

June 24, 2025June 24, 2025

Gov. Ron DeSantis signed bills amending the state’s condo safety legislation, four years after the deadly Surfside collapse. On Monday, DeSantis signed House Bill 913

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M Palm Beach listing tops county’s signed contracts last week
Business

$13M Palm Beach listing tops county’s signed contracts last week

June 24, 2025June 24, 2025

Palm Beach County saw an uptick in signed contracts for luxury homes last week.  Buyers signed 12 contracts between June 16 and June 22 for

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