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Category: Business

South Florida developer, real estate attorney Isaac Kodsi dies at 59
Business

South Florida developer, real estate attorney Isaac Kodsi dies at 59

August 5, 2025August 5, 2025

South Florida developer and longtime real estate attorney, Isaac Kodsi, died last weekend at the age of 59.  Isaac founded and led Ark Capital Group,

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Lease roundup: Lefferts lands steakhouse at North Beach condo tower, Swiss skin care giant plans Brickell HQ
Business

Lease roundup: Lefferts lands steakhouse at North Beach condo tower, Swiss skin care giant plans Brickell HQ

August 5, 2025August 5, 2025

Ezio’s Steakhouse | Miami Beach  An Italian-inspired steakhouse and seafood restaurant will open at Lefferts’ recently completed 72 Park condo tower in Miami Beach.   

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Miami-Dade weekly condo sales hit 5M 
Business

Miami-Dade weekly condo sales hit $105M 

August 5, 2025August 5, 2025

Miami-Dade County’s condo dollar volume dipped last week, despite an increase in sales. Brokers closed 97 condo sales totaling $104.6 million from July 28 to

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DRA jumps into Miami’s Allapattah with M multifamily acquisition
Business

DRA jumps into Miami’s Allapattah with $74M multifamily acquisition

August 4, 2025August 4, 2025

DRA Advisors is dipping into Miami’s Allapattah multifamily market, acquiring a 263-unit apartment complex for $73.5 million. An affiliate of New York-based DRA, led by

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Anheuser-Busch heirs buy Wellington equine facility for M 
Business

Anheuser-Busch heirs buy Wellington equine facility for $25M 

August 4, 2025August 4, 2025

Scions of the Anheuser-Busch family dropped $24.5 million on a 42.1-acre equestrian facility in Wellington. Records show PBESC LLC, a Florida entity managed by Stephen

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Olympus Property expands South Florida multifamily portfolio with M purchase
Business

Olympus Property expands South Florida multifamily portfolio with $46M purchase

August 4, 2025August 4, 2025

Olympus Property boosted its South Florida multifamily portfolio after acquiring a recently completed Miami project for $45.9 million.  An affiliate of Fort Worth, Texas-based Olympus,

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Timbaland finds buyer for Coral Gables mansion asking M
Business

Timbaland finds buyer for Coral Gables mansion asking $16M

August 4, 2025August 4, 2025

Grammy award-winning artist Timbaland signed a contract to sell his Coral Gables mansion, topping luxury residential sales activity last week across Miami-Dade County.  Buyers signed

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Movers & Shakers: Colliers adds Miami VP
Business

Movers & Shakers: Colliers adds Miami VP

August 4, 2025August 4, 2025

Real estate firms are staffing up in their South Florida offices.  Colliers brought in Frankie Castellanos as vice president in its Miami office, a press

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Bain Capital, 11North pay 5M for portfolio of 10 shopping centers, mostly in Florida 
Business

Bain Capital, 11North pay $395M for portfolio of 10 shopping centers, mostly in Florida 

August 4, 2025August 4, 2025

Bain Capital Real Estate and 11North Partners bagged 10 open-air shopping centers for $395 million, with the portfolio heavily weighted toward the Sunshine State and

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Inside the Ghermezians’ fight to keep B American Dream alive in Miami
Business

Inside the Ghermezians’ fight to keep $4B American Dream alive in Miami

August 4, 2025August 4, 2025

It takes serious imagination to envision dropping a 16-story indoor ski slope near swampland in South Florida. That’s why the Ghermezian family, owners of the

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