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Category: Business

Miami-Dade approves replacing four public housing sites with over 1K affordable units
Business

Miami-Dade approves replacing four public housing sites with over 1K affordable units

July 17, 2025July 17, 2025

More than 1,000 affordable units are planned across Miami-Dade County, as part of a county program to redevelop its aging public housing complexes.  Miami Beach-based

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Waterfront Key Biscayne house sells for M in slow season
Business

Waterfront Key Biscayne house sells for $19M in slow season

July 17, 2025July 17, 2025

Despite South Florida real estate’s summer slowdown, a waterfront home in Key Biscayne sold for $18.9 million. Records show Simon and Claire Mueller sold the

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Crescent Heights sues CitizenM over commercial units at Miami Beach hotel
Business

Crescent Heights sues CitizenM over commercial units at Miami Beach hotel

July 17, 2025July 17, 2025

Crescent Heights is suing CitizenM to force an ownership transfer of commercial units at a recently opened Miami Beach hotel.  In a lawsuit filed in

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Related plans 115 affordable apartments on Little Havana public housing site
Business

Related plans 115 affordable apartments on Little Havana public housing site

July 17, 2025July 17, 2025

The Pérez family’s Related Group plans 115 affordable apartments on a Little Havana public housing site in Miami.  The project is part of an agreement

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Inventory’s on the rise, as resi sales keep dropping across South Florida
Business

Inventory’s on the rise, as resi sales keep dropping across South Florida

July 17, 2025July 17, 2025

More homeowners are putting their properties up for sale across South Florida, but inventory levels are still at pre-pandemic levels.  At the same time, residential

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Lauderdale-by-the-Sea closing tops Broward weekly condo sales
Business

Lauderdale-by-the-Sea closing tops Broward weekly condo sales

July 17, 2025July 17, 2025

Broward County’s condo sales and dollar volume rose last week.  Brokers closed 98 condo sales totaling $30.6 million from July 7 to July 13. That’s

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Nearly vacant Lincoln Place office building in South Beach hits market for target of M
Business

Nearly vacant Lincoln Place office building in South Beach hits market for target of $82M

July 17, 2025July 17, 2025

Lincoln Place, a nearly vacant South Beach office building that was once at the center of a crowdfunding scandal, hit the market with a target

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Billionaire Patrick Dovigi’s waste management firm linked to M Five Park penthouse purchase
Business

Billionaire Patrick Dovigi’s waste management firm linked to $17M Five Park penthouse purchase

July 16, 2025July 16, 2025

An LLC tied to waste management mogul Patrick Dovigi’s company paid $17.5 million for a penthouse at Five Park in Miami Beach.  The developer, a

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Hersh Equity expands South Florida industrial portfolio with M purchase
Business

Hersh Equity expands South Florida industrial portfolio with $47M purchase

July 16, 2025July 16, 2025

Hersh Equity Group bought a warehouse complex in Broward County for $47.2 million, expanding the boutique firm’s South Florida industrial portfolio. Boynton Beach-based Hersh Equity,

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Atlantic Pacific proposes 71-unit affordable housing project on Liberty City’s Carver Theater site
Business

Atlantic Pacific proposes 71-unit affordable housing project on Liberty City’s Carver Theater site

July 16, 2025July 16, 2025

Atlantic Pacific Companies plans to redevelop the long-closed Carver Theater in Liberty City with a 71-unit affordable housing project.  The Miami-based company plans the 11-story

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