Jon Samuel, one of the original developers of Midtown Miami, sold a retail plaza in Sunrise for $30 million. New York-based SK Realty Management, led
Category: Business
Welltower buys assisted living complex in Davie for $34M
Welltower bought a 220-bed assisted and independent living complex in Davie for $34.3 million, marking continued investment in South Florida senior care facilities. Royal Senior
Masaveu expands West Brickell dev site by acquiring adjacent commercial building for $16M
Masaveu Real Estate US beefed up a West Brickell development site after purchasing an adjacent property for $15.5 million. An affiliate of Masaveu, the American
700 condo buildings in South Florida on secret mortgage blacklist
The number of South Florida condo buildings on a Fannie Mae blacklist has more than doubled in the past two years, as the financial strain
Grant Cardone raises $88M for crypto and multifamily deals; plays coy about California governor run
Grant Cardone raised $88.1 million in recent months for a fund that bought $15 million in Bitcoin and paid $73 million for a Central Florida
Resi roundup: Medicare fraudster, hospitality heiress sell South Florida homes
In the latest roundup of South Florida luxury residential deals, a convicted Medicare fraudster, a hospitality heiress and the wife of a pharma executive sold
Miami Design Preservation League’s longtime director Daniel Ciraldo steps down
Daniel Ciraldo stepped down as executive director of the Miami Design Preservation League, the nonprofit he led for about eight years. Ciraldo, who often spoke
Vlad Doronin’s OKO and Cain propose three-building Palm Beach condo complex
OKO Group and Cain International are proposing a three-building condo complex in Palm Beach, the island’s first new condo proposal in nearly 20 years. The
Developer Andres Isaias buys North Bay Road teardown for $17M, plans $65M spec mansion
Developer Andres Isaias bought a waterfront North Bay Road teardown for $17 million, with plans to tear it down and build a trophy spec home.
Rent reprieve: Miami rates drop nearly 8% y-o-y, amid supply overhang
After leading the nation in apartment rent hikes in recent years, South Florida is getting a reprieve. In Miami, monthly rents for two-bedroom units averaged