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Category: Business

KEI expands North Miami-Dade holdings with Aldi-anchored center
Business

KEI expands North Miami-Dade holdings with Aldi-anchored center

August 21, 2025August 21, 2025

KEI Properties added to its North Miami-Dade County holdings after paying $22.5 million for an Aldi-anchored shopping center, as well as taking over a mortgage

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Mormon church pays 3M for 384-unit Boca Raton apartment complex
Business

Mormon church pays $153M for 384-unit Boca Raton apartment complex

August 21, 2025August 21, 2025

The Church of Jesus Christ of Latter-day Saints’ real estate investment arm picked up a 384-unit apartment complex in Boca Raton for $152.5 million.  The

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Tyko lends 5M to Terra, Sympatico for Mr. C West Palm Beach project
Business

Tyko lends $285M to Terra, Sympatico for Mr. C West Palm Beach project

August 21, 2025August 21, 2025

David Martin’s Terra and the Morrison family’s Sympatico Real Estate secured a $285 million construction loan for their planned Mr. C Hotel & Residences West

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Steve Ross scores 0M refi for One Flagler tower in downtown West Palm Beach
Business

Steve Ross scores $340M refi for One Flagler tower in downtown West Palm Beach

August 21, 2025August 21, 2025

Billionaire Steve Ross scored a $340 million refinancing for the One Flagler office tower, completed this year in downtown West Palm Beach.  Related Ross, Ross’

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Broward County weekly condo sales dip to M
Business

Broward County weekly condo sales dip to $20M

August 21, 2025August 21, 2025

Broward County’s condo sales and dollar volume dropped last week.  Brokers closed 42 condo sales totaling $19.6 million from Aug. 11 to Aug. 17. That’s

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Boca Raton to vote on James and Marta Batmasian’s Mizner Plaza proposal
Business

Boca Raton to vote on James and Marta Batmasian’s Mizner Plaza proposal

August 20, 2025August 20, 2025

Two years after the project was first floated, Boca Raton’s Planning and Zoning Board is slated to vote on James and Marta Batmasian’s proposed Mizner

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Fortune seeks EB-5 investors for Ora by Casa Tua Brickell tower
Business

Fortune seeks EB-5 investors for Ora by Casa Tua Brickell tower

August 20, 2025August 20, 2025

Edgardo Defortuna’s Fortune International Group is tapping the EB-5 investor visa program to help fund its Ora by Casa Tua condo-hotel tower planned in Miami’s

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Trammell Crow scores M construction loan for 338-unit apartment complex in Margate 
Business

Trammell Crow scores $66M construction loan for 338-unit apartment complex in Margate 

August 20, 2025August 20, 2025

Trammell Crow Residential scored a $66.4 million construction loan for a 338-unit apartment complex in Margate.  The deal comes as financing for new South Florida

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Baptist Health South Florida beefs up portfolio with Kendall medical office purchase
Business

Baptist Health South Florida beefs up portfolio with Kendall medical office purchase

August 20, 2025August 20, 2025

Baptist Health South Florida continued expanding its real estate holdings with an office building purchase in Kendall.  Coral Gables-based Baptist Health, led by CEO Bo

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Miami-Dade Property Appraiser seeks higher valuations — leading to bigger tax bills — for Miami-Dade dev sites, Dolphin Mall and cruise ship terminal
Business

Miami-Dade Property Appraiser seeks higher valuations — leading to bigger tax bills — for Miami-Dade dev sites, Dolphin Mall and cruise ship terminal

August 20, 2025August 20, 2025

Miami-Dade Property Appraiser Tomas Regalado is seeking higher market valuations for a handful of signature properties and development sites in the county.  During a two-day

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