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Category: Business

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 
Business

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 

January 30, 2025January 30, 2025

Pinnacle proposes a 110-unit affordable apartment project for seniors in Princeton, amid a continuing development rush in south Miami-Dade County.  The Kendall-based firm wants to

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Allen Morris launches sales of Ponce Park luxury condo project
Business

Allen Morris launches sales of Ponce Park luxury condo project

January 30, 2025January 30, 2025

Allen Morris Company is launching sales of its luxury condo project in Coral Gables, about nine months after securing approval from the city.  The Coral

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Retail asking rents rose across South Florida in fourth quarter
Business

Retail asking rents rose across South Florida in fourth quarter

January 30, 2025January 30, 2025

South Florida retail landlords boosted their asking rents during the fourth quarter of last year, while investors continued scooping up shopping centers, especially properties anchored

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Las Olas Grand closing tops Broward weekly condo sales 
Business

Las Olas Grand closing tops Broward weekly condo sales 

January 30, 2025January 30, 2025

Broward County’s condo sales and dollar volume fell in the fourth week of January.  Brokers closed 89 condo sales totaling $26.3 million from Jan. 19

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Cafaro family adds to pricey home portfolio in Stone Creek Ranch with M purchase
Business

Cafaro family adds to pricey home portfolio in Stone Creek Ranch with $55M purchase

January 29, 2025January 29, 2025

A member of the Cafaro real estate family paid $55 million for a waterfront spec estate in western Palm Beach County, marking the family’s second

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Brazilian investor sells Oceana Key Biscayne condo for M
Business

Brazilian investor sells Oceana Key Biscayne condo for $15M

January 29, 2025January 29, 2025

Brazilian investor Andre Szajman sold his Oceana Key Biscayne condo for $15.2 million. Records show Szajman’s ACCAA LLC, a Delaware entity, sold unit LPH2S at

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Kite Realty expands South Florida retail portfolio with M Publix-anchored purchase
Business

Kite Realty expands South Florida retail portfolio with $68M Publix-anchored purchase

January 29, 2025January 29, 2025

Kite Realty Group is the latest retail landlord hungry for a Publix-anchored shopping center, buying a West Palm Beach site for $68 million. An affiliate

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TA Realty buys Pembroke Pines apartment complex for 8M, amid uptick in South Florida multifamily sales
Business

TA Realty buys Pembroke Pines apartment complex for $118M, amid uptick in South Florida multifamily sales

January 29, 2025January 29, 2025

TA Realty bought a 300-unit apartment complex in Pembroke Pines for $118 million, as South Florida experiences an uptick in multifamily investment sales.  The Boston-based

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Developer proposes 293 row houses in Naranja’s Mandarin Park project, as push into south Miami-Dade continues
Business

Developer proposes 293 row houses in Naranja’s Mandarin Park project, as push into south Miami-Dade continues

January 29, 2025January 29, 2025

MAS AJP proposes 293 row houses at the Mandarin Park mixed-use complex in Naranja, as developers continue to target south Miami-Dade County with new project

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Jupiter Ocean Grande closing tops Palm Beach County weekly condo sales 
Business

Jupiter Ocean Grande closing tops Palm Beach County weekly condo sales 

January 29, 2025January 29, 2025

Palm Beach County’s condo sales and dollar volume dropped in the fourth week of January.  Brokers closed 64 condo sales totaling $25.8 million from Jan.

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