The U.S. office market posted its fourth consecutive quarterly decline in vacancy rates, signaling strong recovery momentum. Vacancy fell to 23.2 percent in the second
Category: Business
Fortune, Blue Road land $73M construction loan for EB-5-backed North Miami Beach condos
Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach. Tel Aviv-based Bank
Michael Swerdlow on track with Miami-Dade to build $295M mixed-use project
Michael Swerdlow is lining up another public-private partnership with Miami-Dade County that would entail the development of a $295 million mixed-use project on 37.7 acres
Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami
Central Asia’s largest developer, Kazakhstani firm BI Group, is partnering with Habitat Group on three mixed-use condo projects in Brickell and is looking for more
T2 Hospitality pays $37M for 163-key oceanfront hotel in Lauderdale-By-The-Sea
T2 Hospitality bought a 163-key oceanfront hotel in Lauderdale-By-The-Sea for $36.6 million. The Newport Beach, California-based firm purchased Plunge Beach Resort Hotel from an entity
Investor buys shopping plaza, self-storage in Pembroke Pines for $16M
Commercial real estate investor Andrew Perkins bought a shopping plaza and self-storage property in Pembroke Pines for $15.5 million. Perkins Realty Management purchased the 64,300-square-foot
Summer slowdown: Palm Beach County weekly condo sales drop to $26M
It’s South Florida’s slow season amid the dog days of summer, and Palm Beach County’s condo sales and dollar volume dropped during the July Fourth
Labeled a “monster”: Ohad Fisherman speaks out after being cleared of sexual battery
Real estate broker Ohad Fisherman spoke publicly for the first time since prosecutors dropped a sexual battery case against him centered on an alleged attack
Grant Cardone, Penn-Florida team up for possible 101 Via Mizner condo conversion
Grant Cardone and Penn-Florida Companies are teaming up to possibly convert the distressed 101 Via Mizner multifamily project in Boca Raton into condos. At a
Margaritaville hotel may still come to Riviera Beach
Roughly a year after an attempt to build a Margaritaville hotel fell apart amid allegations of fraud, a developer has again proposed to construct the