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Category: Business

Slowest week of the year: Luxe resi contracts plummet in Miami-Dade
Business

Slowest week of the year: Luxe resi contracts plummet in Miami-Dade

July 21, 2025July 21, 2025

Last week was the slowest this year, as buyers signed contracts for just four luxury properties in Miami-Dade County.  A condo at Turnberry Ocean Club

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Lease roundup: Doronin’s OKO opening Wynwood office, PwC moving to Boca Raton  
Business

Lease roundup: Doronin’s OKO opening Wynwood office, PwC moving to Boca Raton  

July 21, 2025July 21, 2025

OKO Group | Miami  Billionaire developer Vlad Doronin’s OKO Group plans an office at the Wynwood Plaza mixed-use development.  OKO Group leased 25,200 square feet

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Ex-Univision CEO Wade Davis sells Hibiscus Island mansion for M
Business

Ex-Univision CEO Wade Davis sells Hibiscus Island mansion for $32M

July 21, 2025July 21, 2025

A trust linked to Wade Davis, the former CEO of Univision, sold a waterfront Hibiscus Island mansion in Miami Beach for $31.8 million, The Real

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Developer Donald Soffer, who founded Aventura, dies at 92
Business

Developer Donald Soffer, who founded Aventura, dies at 92

July 20, 2025July 20, 2025

South Florida developer Donald Soffer, a powerful figure who founded Aventura, died on Sunday at the age of 92, following a brief illness.  Soffer, born

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The Weekly Dirt: Battle for condo rights heats up post-Surfside collapse
Business

The Weekly Dirt: Battle for condo rights heats up post-Surfside collapse

July 20, 2025July 20, 2025

Condo owners are waging a fight against the powers that be.  Two ongoing legal fights underscore the precarious nature of fighting back against boards or

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Nahla Capital bids 5M for Shvo’s stalled Raleigh Miami Beach project
Business

Nahla Capital bids $275M for Shvo’s stalled Raleigh Miami Beach project

July 18, 2025July 18, 2025

A potential buyer has entered the ring at The Raleigh, a stalled condo and hotel project planned in Miami Beach.  New York-based Nahla Capital won

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Beverly Hills-based jeweler Ildico buys Miami Design District building for M
Business

Beverly Hills-based jeweler Ildico buys Miami Design District building for $35M

July 18, 2025July 18, 2025

Beverly Hills-based jeweler Ildico picked up a retail building in the Miami Design District for $35 million. An entity managed by Ildico CFO Mikhail Cohen

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Off Road Capital’s David Cohen sells Surf Club condo for M
Business

Off Road Capital’s David Cohen sells Surf Club condo for $18M

July 18, 2025July 18, 2025

Private equity boss David Cohen sold his condo at Four Seasons Residences at the Surf Club for $17.8 million, marking the highest price per square

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Kushner files foreclosure on Newgard’s Natiivo Fort Lauderdale site
Business

Kushner files foreclosure on Newgard’s Natiivo Fort Lauderdale site

July 18, 2025July 18, 2025

Kushner Companies is eyeing a Fort Lauderdale site where Miami-based developer Harvey Hernandez plans a mixed-use tower with short-term rental-friendly condominiums.  An affiliate of New

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Greystar buys 358-unit apartment complex in north Miami-Dade for M
Business

Greystar buys 358-unit apartment complex in north Miami-Dade for $94M

July 18, 2025July 18, 2025

The Charleston, South Carolina-based firm bought the property at 6200 Northwest 173rd Street in an unincorporated area of the county from New York-based Nuveen Real

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