DRA Advisors is dipping into Miami’s Allapattah multifamily market, acquiring a 263-unit apartment complex for $73.5 million. An affiliate of New York-based DRA, led by
Category: Business
Anheuser-Busch heirs buy Wellington equine facility for $25M
Scions of the Anheuser-Busch family dropped $24.5 million on a 42.1-acre equestrian facility in Wellington. Records show PBESC LLC, a Florida entity managed by Stephen
Olympus Property expands South Florida multifamily portfolio with $46M purchase
Olympus Property boosted its South Florida multifamily portfolio after acquiring a recently completed Miami project for $45.9 million. An affiliate of Fort Worth, Texas-based Olympus,
Timbaland finds buyer for Coral Gables mansion asking $16M
Grammy award-winning artist Timbaland signed a contract to sell his Coral Gables mansion, topping luxury residential sales activity last week across Miami-Dade County. Buyers signed
Movers & Shakers: Colliers adds Miami VP
Real estate firms are staffing up in their South Florida offices. Colliers brought in Frankie Castellanos as vice president in its Miami office, a press
Bain Capital, 11North pay $395M for portfolio of 10 shopping centers, mostly in Florida
Bain Capital Real Estate and 11North Partners bagged 10 open-air shopping centers for $395 million, with the portfolio heavily weighted toward the Sunshine State and
Inside the Ghermezians’ fight to keep $4B American Dream alive in Miami
It takes serious imagination to envision dropping a 16-story indoor ski slope near swampland in South Florida. That’s why the Ghermezian family, owners of the
Meet Alexandra Eichner, next in line at the Continuum Company
It all started with lunch. Developer Ian Bruce Eichner took his daughter, Alexandra, to the Little Beet in New York for veggie-forward bowls. Before accepting
The Weekly Dirt: Is Miami’s drop in foreign buyers overstated?
Some condo developers are reporting good news. Ricardo Dunin is among them. He says his sales team secured contracts for 77 condo sales at his
Company linked to Canadian billionaire adds to waterfront Allison Island compound
A company linked to the family office of Canadian billionaire Lino Saputo paid $16.5 million for a waterfront teardown on Miami Beach’s Allison Island. It