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Category: Business

HTG teams up with Alonzo Mourning’s nonprofit on Overton affordable housing project
Business

HTG teams up with Alonzo Mourning’s nonprofit on Overton affordable housing project

October 14, 2024October 14, 2024

Housing Trust Group and NBA Hall of Famer Alonzo Mourning’s nonprofit plan a 120-unit affordable housing project in Overtown, as development of below-market rate rentals

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The Weekly Dirt: Star Island lawsuit highlights realtors’ vulnerability
Business

The Weekly Dirt: Star Island lawsuit highlights realtors’ vulnerability

October 13, 2024October 13, 2024

A dispute over the commission on the $57 million sale of a waterfront estate illustrates how agents lack protection, even when they are working with

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Bridge Industrial expands warehouse portfolio near Miami International Airport with M purchase
Business

Bridge Industrial expands warehouse portfolio near Miami International Airport with $45M purchase

October 11, 2024October 11, 2024

Bridge Industrial continues stacking up warehouse sites in Miami-Dade County, acquiring a Doral business park for $45.4 million. An affiliate of Chicago-based Bridge, led by

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Diana Ross rents out waterfront Venetian Islands house for K a month
Business

Diana Ross rents out waterfront Venetian Islands house for $95K a month

October 11, 2024October 11, 2024

The Queen of Motown found a renter for her waterfront Venetian Islands home in Miami for $95,000 a month, The Real Deal has learned. Diana

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Final cut: Cachita Universal Studios could lose Doral production facility to foreclosure
Business

Final cut: Cachita Universal Studios could lose Doral production facility to foreclosure

October 11, 2024October 11, 2024

Cachita Universal Studios near Doral could be entering its final filming season after a lender filed a foreclosure complaint against the owner of the television

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Closings underway at Fort Partners’ Seaway at the Surf Club luxury condo project
Business

Closings underway at Fort Partners’ Seaway at the Surf Club luxury condo project

October 11, 2024October 11, 2024

Fort Partners completed a boutique condo project next to its record-setting Four Seasons Hotel and Residences at the Surf Club in Surfside, newly recorded closings

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Brooklyn developer launches sales for second Bay Harbor Islands condo project
Business

Brooklyn developer launches sales for second Bay Harbor Islands condo project

October 11, 2024October 11, 2024

Brooklyn-based developer Redhoek+ is launching sales for its second planned condo project in Bay Harbor Islands. The planned seven-story, 18-unit Pool Haus at 1130 100th

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Casa Murano closing tops Broward weekly condo sales 
Business

Casa Murano closing tops Broward weekly condo sales 

October 11, 2024October 11, 2024

Broward County’s condo sales and dollar volume rose last week. Brokers closed 142 condo sales totaling $55.1 million from Sept. 29th to Oct. 6th. The

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The Daily Dirt: Developers open up about failure, seeking help
Business

The Daily Dirt: Developers open up about failure, seeking help

October 11, 2024October 11, 2024

In the wake of Artem Tepler and Brandon Miller’s suicides, I pitched a story to our staff about how real estate developers deal with disaster.

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Hurricane Milton’s destruction: crane collapse, tornado damage, flooding
Business

Hurricane Milton’s destruction: crane collapse, tornado damage, flooding

October 10, 2024October 10, 2024

  In the wake of Hurricane Milton, developers and contractors in the Tampa Bay area are evaluating damage at project sites, calling insurers and preparing

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