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Category: Business

WeatherTech founder David MacNeil buys second Manalapan estate for M
Business

WeatherTech founder David MacNeil buys second Manalapan estate for $56M

May 28, 2025May 28, 2025

WeatherTech founder David MacNeil dropped another $55.5 million on oceanfront property in Manalapan. Developer Joe Farrell sold the incomplete 1.6-acre spec estate at 1140 South

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Woodfield, Flagler Realty score M construction loan for 358-unit apartment project in West Palm
Business

Woodfield, Flagler Realty score $81M construction loan for 358-unit apartment project in West Palm

May 28, 2025May 28, 2025

Woodfield Development and Flagler Realty & Development scored an $80.6 million construction loan for a 358-unit mixed-use multifamily project in West Palm Beach.  The developers

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M Four Seasons Brickell PH tops Miami-Dade weekly condo sales 
Business

$15M Four Seasons Brickell PH tops Miami-Dade weekly condo sales 

May 28, 2025May 28, 2025

A $14.8 million Brickell penthouse topped condo closings in Miami-Dade County last week.  Brokers closed 86 condo sales totaling $88.1 million from May 17 to

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China unseats Colombia as top foreign country searching for Miami homes
Business

China unseats Colombia as top foreign country searching for Miami homes

May 27, 2025May 27, 2025

China became the top country searching for South Florida homes last month, pushing Colombia to the No. 2 slot.  Potential buyers from China registered the

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13th Floor, Barings nab 5M construction loan for Miami apartment project
Business

13th Floor, Barings nab $125M construction loan for Miami apartment project

May 27, 2025May 27, 2025

13th Floor Investments and Barings secured $125 million in financing for a Miami multifamily project that’s under construction. A syndicate of Santander Bank and TD

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Movers & Shakers: Cushman retail veterans jump to Newmark
Business

Movers & Shakers: Cushman retail veterans jump to Newmark

May 27, 2025May 27, 2025

In the latest roundup of South Florida real estate hiring news, Newmark bulked up its retail leasing leadership.  In Miami, two retail leasing veterans jumped

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M Perigon Miami Beach condo tops signed contracts in Miami-Dade
Business

$18M Perigon Miami Beach condo tops signed contracts in Miami-Dade

May 27, 2025May 27, 2025

A condo asking $18.4 million at Mast Capital’s Perigon Residences in Miami Beach led last week’s signed contracts report.   Buyers signed 14 contracts for luxury

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Simi Capital pumps up South Florida industrial portfolio with M acquisition
Business

Simi Capital pumps up South Florida industrial portfolio with $31M acquisition

May 27, 2025May 27, 2025

Simi Capital added a fifth property to its South Florida industrial portfolio, paying $31 million for a Medley warehouse.  Based in New York and Bay

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Lease roundup: Lululemon and Shake Shack coming to Dania Pointe, Ocean Bank moves a Miami-Dade branch
Business

Lease roundup: Lululemon and Shake Shack coming to Dania Pointe, Ocean Bank moves a Miami-Dade branch

May 27, 2025May 27, 2025

Shake Shack, Face Foundriė, more | Dania Beach  Kimco Realty landed four new retailers at its Dania Pointe mixed-use development in Dania Beach.  Shake Shack

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Beacon Hill plans 112-unit Live Local Act project in Princeton 
Business

Beacon Hill plans 112-unit Live Local Act project in Princeton 

May 27, 2025May 27, 2025

Beacon Hill Property Group will start construction of a 112-unit Live Local Act complex in Princeton, marking one of the first Miami-Dade County projects under

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