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Category: Business

Ophthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts
Business

Ophthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts

August 18, 2025August 18, 2025

The summer slowdown hit especially hard last week for luxury residential properties across Miami-Dade County.  Buyers signed nine contracts between Aug. 11 and Aug. 17,

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Lease roundup: Ultra Padel opening in Midtown Miami, Ugo Colombo lands Italian restaurant at Grove Isle condo project
Business

Lease roundup: Ultra Padel opening in Midtown Miami, Ugo Colombo lands Italian restaurant at Grove Isle condo project

August 18, 2025August 18, 2025

Ultra Club Midtown | Miami A 2-acre padel club will open at a planned $2 billion mixed-use development at Midtown Miami, reportedly marking the largest

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Movers & Shakers: United Capital taps Adam Lipkin as managing director
Business

Movers & Shakers: United Capital taps Adam Lipkin as managing director

August 18, 2025August 18, 2025

In the latest roundup of South Florida real estate hiring news, firms tapped new leaders and brokers made moves.  Miami Beach-based United Capital tapped Adam

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The Weekly Dirt: Developers bail on South Florida’s multifamily boom
Business

The Weekly Dirt: Developers bail on South Florida’s multifamily boom

August 17, 2025August 17, 2025

The cycle for new multifamily construction is ending, and owners of multifamily development sites are looking for an out.   It makes sense. Many developers are

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Meta Development scores M loan to build Coconut Grove condos
Business

Meta Development scores $28M loan to build Coconut Grove condos

August 15, 2025August 15, 2025

Meta Development scored a $28M construction loan to build Opus, a planned 12-unit boutique condominium in Coconut Grove. Los Angeles-based Arixa Capital provided the financing

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Warren Buffett’s Berkshire Hathaway invests nearly 0M in homebuilding giant Lennar 
Business

Warren Buffett’s Berkshire Hathaway invests nearly $800M in homebuilding giant Lennar 

August 15, 2025August 15, 2025

Warren Buffett’s Berkshire Hathaway made a major investment in Miami-based homebuilding giant Lennar, purchasing over 7 million shares for nearly $800 million in the first

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Lore plans 402 apartments at former JWU campus in North Miami
Business

Lore plans 402 apartments at former JWU campus in North Miami

August 15, 2025August 15, 2025

Lore Development Group plans a 402-unit apartment project on a portion of the closed Johnson & Wales University campus in North Miami, The Real Deal

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Todd Glaser, partner seek 9M flip of waterfront Miami Beach estate 
Business

Todd Glaser, partner seek $169M flip of waterfront Miami Beach estate 

August 15, 2025August 15, 2025

Spec home developer Todd Michael Glaser and the Posner Group are looking to flip for $169 million the waterfront Miami Beach estate they bought for

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Billionaire Russell Weiner zeroes in on alleged construction defects at 0M+ waterfront estate in latest lawsuit against project manager
Business

Billionaire Russell Weiner zeroes in on alleged construction defects at $100M+ waterfront estate in latest lawsuit against project manager

August 15, 2025August 15, 2025

Russell Weiner, the billionaire founder of Rockstar Energy Drink, is alleging the project manager and general contractor of his $100 million-plus estate in Miami Beach

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Emerald, Infinite Care purchase North Miami, Tamarac senior rehab centers for M
Business

Emerald, Infinite Care purchase North Miami, Tamarac senior rehab centers for $29M

August 15, 2025August 15, 2025

Emerald Group and Infinite Care bought a pair of senior rehabilitation centers in South Florida for a combined $29 million.  In the bigger deal, an

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