Miami-Dade County bought a 3.4-acre industrial site for $17 million that it plans to use as staging for improvements and expansion of the nearby international
Category: Business
Related, BH launch sales for Viceroy Residences Aventura
Frequent development partners Related Group and BH Group are launching sales for Viceroy Residences Aventura, one of the city’s first planned condo towers in years.
Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction
An affiliate of Penn-Florida Companies filed bankruptcy on its 101 Via Mizner apartment building in Boca Raton, warding off a foreclosure auction over a $145
Planned oceanfront Manalapan spec mansion next to Larry Ellison’s estate lists for $285M
An oceanfront estate planned in Manalapan is hitting the market for $285 million, marking the second-most expensive home for sale in Florida. If it sells
Trump scores final approval for 1,500 condos at Trump National Doral
Doral City Council members voted unanimously in favor of the Trump Organization’s plan to develop up to 1,500 luxury condos on the Trump National Doral
Former exec sues Alden affiliate over allegedly lowballing his stake in properties in South Florida, elsewhere
Hedge fund Alden Global Capital’s real estate division allegedly tried to shortchange a former property manager and investor in his payout for South Florida hotels
AquaBlu closing tops Broward weekly condo sales
Broward County’s condo sales and dollar volume dropped in the second week of January. Brokers closed 76 condo sales totaling $24.8 million from Jan. 5
Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties
South Florida’s industrial market took a hit in the fourth quarter of last year, as vacancies rose across the tri-county region, and rents dropped in
Calta scores $30M construction loan for Coral Gables townhomes
The Calta Group scored a $30 million construction loan for its planned Via Veneto townhomes in Coral Gables. The Coral Gables-based developer, led by brothers
Leadership shift at Compass, as brokerage looks to expand further into new dev sales, luxury market
Change is underway at Compass in Florida, as the firm looks to expand in the luxury market and new development business. Two longtime executives left