Prologis bought a Verizon subsidiary’s headquarters near Doral for $54.5 million, with plans for an industrial redevelopment. The San Francisco-based real estate investment trust scooped
Category: Business
Resi roundup: Luxury homes trade despite slow season
In the latest roundup of South Florida luxury sales, homes continued to sell despite the summer slowdown. Sales spanned Sunny Isles Beach to Palm Beach,
Clara Homes lands $54M construction loan for Bay Harbor Islands project, amid record South Florida multifamily pipeline
Clara Homes scored a $53.6 million construction loan for its Bay Harbor Islands multifamily project, advancing the development into its next stage. The deal comes
Witkoff, Blavatnik plan luxury hotel and private golf club at former Banyan Cay Resort in West Palm
West Palm Beach is getting a new private golf club and a luxury hotel after years of stalled progress at the Banyan Cay Resort site.
Agent exodus expected in South Florida as NAR policy changes take effect
South Florida agents and brokers have spent months preparing for policy shifts that will take effect this weekend, affecting how buyer’s agents are compensated. But
Doral City Council green-lights Trump Doral condo expansion
Doral City Council members approved the Trump Organization’s proposal to develop up to 1,500 luxury condos on the Trump National Doral Miami property. Mayor Christi
Multiplan launches sales for oceanfront Surfside condos
Multiplan Real Estate Asset Management is launching sales of a planned boutique oceanfront condo building in Surfside, seven months after buying the site. The 12-story
Construction mogul’s widow sells waterfront Key Biscayne home for $20M
The widow of a construction mogul sold her waterfront Key Biscayne home for $19.5 million, marking the latest pricey sale on the island enclave this
Miami-Dade’s aviation department moving to new digs after $26M purchase of office building near MIA
Miami-Dade County paid $26.3 million for an office building for its aviation department. The county bought the six-story, 112,500-square-foot building at 7200 Northwest 19th Street
Loews getting $305M refi for oceanfront Miami Beach resort
Loews Corporation is getting a $305 million refinancing of the loan backing its oceanfront Miami Beach resort. The financing is for the 5-acre, 790-key hotel