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Category: Business

Estates at Acqualina closing tops Miami-Dade weekly condo sales 
Business

Estates at Acqualina closing tops Miami-Dade weekly condo sales 

March 18, 2025March 18, 2025

Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 135 condo sales totaling $177.2 million from Mar. 9 to Mar. 16. The

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Trust buys Estates at Acqualina condo for M, adding to slew of pricey deals
Business

Trust buys Estates at Acqualina condo for $25M, adding to slew of pricey deals

March 17, 2025March 17, 2025

A trust bought a 9,100-square-foot Estates at Acqualina condo for $25 million, marking the latest pricey closing in the oceanfront luxury complex.  Records show Casa

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Habitus scores approval for 61-key hotel in Miami’s Edgewater, ramping up its South Florida hospitality investment 
Business

Habitus scores approval for 61-key hotel in Miami’s Edgewater, ramping up its South Florida hospitality investment 

March 17, 2025March 17, 2025

Habitus Capital scored approval for a 61-key boutique hotel in Miami’s Edgewater, marking the firm’s continued investment in South Florida’s hospitality market.  Brickell-based Habitus plans

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Cook County corrects tax roll error after 4M undervaluation
Business

Cook County corrects tax roll error after $444M undervaluation

March 17, 2025March 17, 2025

Cook County Assessor Fritz Kaegi has fixed hundreds of property misclassifications after a months-long audit, but questions remain over how many errors are still unresolved.

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Adam Neumann’s Flow nabs M loan for M El Portal site purchase, partners with Canada Global on mixed-use development
Business

Adam Neumann’s Flow nabs $51M loan for $71M El Portal site purchase, partners with Canada Global on mixed-use development

March 17, 2025March 17, 2025

Adam Neumman’s Flow nabbed a $51 million acquisition loan and is partnering with Canada Global for a planned mixed-use project on an El Portal development

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Triarch, partners buy Dania Beach’s Airport Commerce Park for M, amid a South Florida office market paradox 
Business

Triarch, partners buy Dania Beach’s Airport Commerce Park for $18M, amid a South Florida office market paradox 

March 17, 2025March 17, 2025

A group of investors bought Airport Commerce Park near Fort Lauderdale-Hollywood International Airport for $18.3 million.  The deal comes amid a paradox for South Florida’s

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Luxury homes spend more time on the market in Miami-Dade, as signed contracts fall
Business

Luxury homes spend more time on the market in Miami-Dade, as signed contracts fall

March 17, 2025March 17, 2025

Signed contracts of luxury residential properties in Miami-Dade County dropped for the second consecutive week. Buyers signed 11 contracts between March 10 and March 16,

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Lease roundup: Call Me Gaby on tap on Miami River, Brightline’s MiamiCentral lands Brooklyn Dumpling Shop and five other tenants
Business

Lease roundup: Call Me Gaby on tap on Miami River, Brightline’s MiamiCentral lands Brooklyn Dumpling Shop and five other tenants

March 17, 2025March 17, 2025

Call Me Gaby | Miami  Call Me Gaby, the Italian restaurant in Miami Beach’s South of Fifth neighborhood, will expand to the Miami River.   

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Movers & Shakers: Nikki Beach co-founder joins Elliman
Business

Movers & Shakers: Nikki Beach co-founder joins Elliman

March 17, 2025March 17, 2025

In the latest roundup of South Florida real estate hiring news, a South Beach club scene icon is getting in the real estate game.  Douglas

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The Weekly Dirt: A condo developer’s strategy backfired. Will the project’s revival succeed?
Business

The Weekly Dirt: A condo developer’s strategy backfired. Will the project’s revival succeed?

March 16, 2025March 16, 2025

A partially built luxury condo project in North Bay Village, the city’s first in more than a decade, may be back on track.  Never one

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