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Category: Business

Zach Vella-led partnership could lose Wynwood buildings to foreclosure
Business

Zach Vella-led partnership could lose Wynwood buildings to foreclosure

June 2, 2025June 3, 2025

Four Wynwood commercial buildings owned by a Zach Vella-led partnership are facing foreclosure less than a year after they were purchased.  On May 21, an

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French retail mogul finds buyer for waterfront Venetian Islands home
Business

French retail mogul finds buyer for waterfront Venetian Islands home

June 2, 2025June 3, 2025

French commercial real estate investor Nicolas Chambon is bidding adieu to his waterfront Miami Beach home, asking $29.5 million.  Chambon’s pending sale topped last week’s

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Lease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office
Business

Lease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office

June 2, 2025June 3, 2025

Sweat440, Warby Parker | West Palm Beach  Group fitness gym Sweat440 and eyeglasses store Warby Parker are among tenants on tap at the Nora District

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Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami
Business

Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami

May 28, 2025May 28, 2025

Robert Thorne’s Urban Network Capital Group tapped Compass to lead sales for its planned Visions at Brickell Station condo-hotel in Miami. Thorne’s UNCG also held

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WeatherTech founder David MacNeil buys second Manalapan estate for M
Business

WeatherTech founder David MacNeil buys second Manalapan estate for $56M

May 28, 2025May 28, 2025

WeatherTech founder David MacNeil dropped another $55.5 million on oceanfront property in Manalapan. Developer Joe Farrell sold the incomplete 1.6-acre spec estate at 1140 South

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Woodfield, Flagler Realty score M construction loan for 358-unit apartment project in West Palm
Business

Woodfield, Flagler Realty score $81M construction loan for 358-unit apartment project in West Palm

May 28, 2025May 28, 2025

Woodfield Development and Flagler Realty & Development scored an $80.6 million construction loan for a 358-unit mixed-use multifamily project in West Palm Beach.  The developers

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M Four Seasons Brickell PH tops Miami-Dade weekly condo sales 
Business

$15M Four Seasons Brickell PH tops Miami-Dade weekly condo sales 

May 28, 2025May 28, 2025

A $14.8 million Brickell penthouse topped condo closings in Miami-Dade County last week.  Brokers closed 86 condo sales totaling $88.1 million from May 17 to

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China unseats Colombia as top foreign country searching for Miami homes
Business

China unseats Colombia as top foreign country searching for Miami homes

May 27, 2025May 27, 2025

China became the top country searching for South Florida homes last month, pushing Colombia to the No. 2 slot.  Potential buyers from China registered the

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13th Floor, Barings nab 5M construction loan for Miami apartment project
Business

13th Floor, Barings nab $125M construction loan for Miami apartment project

May 27, 2025May 27, 2025

13th Floor Investments and Barings secured $125 million in financing for a Miami multifamily project that’s under construction. A syndicate of Santander Bank and TD

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Movers & Shakers: Cushman retail veterans jump to Newmark
Business

Movers & Shakers: Cushman retail veterans jump to Newmark

May 27, 2025May 27, 2025

In the latest roundup of South Florida real estate hiring news, Newmark bulked up its retail leasing leadership.  In Miami, two retail leasing veterans jumped

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