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Category: Business

Miami’s Brickell props up South Florida’s office market in first quarter
Business

Miami’s Brickell props up South Florida’s office market in first quarter

April 24, 2025April 24, 2025

Class A demand in Miami’s Brickell and West Palm Beach propped up South Florida’s office market in the first quarter. Landlords experienced positive signs, such

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Four Seasons closing tops Broward weekly condo sales 
Business

Four Seasons closing tops Broward weekly condo sales 

April 24, 2025April 24, 2025

Broward County’s condo dollar volume rose last week, despite a dip in sales.  Brokers closed 117 condo sales totaling $51.1 million from April 13 to

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Miami Beach moves forward with Meruelos, Terra’s controversial Deauville project
Business

Miami Beach moves forward with Meruelos, Terra’s controversial Deauville project

April 23, 2025April 23, 2025

Tensions ran high during a Miami Beach commission meeting on Wednesday over the Meruelo family and David Martin’s proposed redevelopment of the Deauville Beach Resort. 

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Mocca sells Ponce-Davis spec mansion for M
Business

Mocca sells Ponce-Davis spec mansion for $15M

April 23, 2025April 23, 2025

Spec developer Alex Pirez’s Mocca Group sold a spec mansion in Ponce-Davis for $14.5 million. Records show an affiliate of Mocca Group managed by Pirez

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In 1M deal, Blackstone and Link sell another South Florida industrial portfolio
Business

In $121M deal, Blackstone and Link sell another South Florida industrial portfolio

April 23, 2025April 23, 2025

Blackstone and Link Logistics unloaded another set of South Florida warehouses. Affiliates of Blackstone, a New York-based investment giant led by Stephen Schwarzman, and its

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Developer, Pennsylvania businessman swap M of Fort Lauderdale resi deals
Business

Developer, Pennsylvania businessman swap $37M of Fort Lauderdale resi deals

April 23, 2025April 23, 2025

A developer and a businessman from Pennsylvania swapped waterfront mansions in Fort Lauderdale in a pair of deals totaling $37 million. Records show developer Louis

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Alexanders list waterfront Miami Beach house for rent for K a month
Business

Alexanders list waterfront Miami Beach house for rent for $55K a month

April 23, 2025April 23, 2025

A waterfront Miami Beach home owned by disgraced agent Oren Alexander hit the rental market for $55,000 a month.  The 4,267-square-foot house at 1611 West

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After the office boom: Miami-Dade construction starts drop to nine-year low as projects “just don't pencil out”
Business

After the office boom: Miami-Dade construction starts drop to nine-year low as projects “just don't pencil out”

April 23, 2025April 23, 2025

South Florida became a magnet for out-of-state companies in recent years, prompting giddiness over the tri-county region’s office market. Even as headwinds emerged, developers pushed

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Alina Boca Raton closing tops Palm Beach County weekly condo sales 
Business

Alina Boca Raton closing tops Palm Beach County weekly condo sales 

April 23, 2025April 23, 2025

Palm Beach County’s condo sales and dollar volume rose last week.  Brokers closed 139 condo sales totaling $70.5 million from April 13 to April 20.

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PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood
Business

PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood

April 22, 2025April 22, 2025

PMG and Lndmrk Development are teaming up to build a short-term rental-friendly condo project in Miami’s Wynwood neighborhood. The developers are planning the eight-story, 233-unit

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