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Category: Business

Prologis pads its South Florida industrial portfolio, pays Codina M for Doral warehouse
Business

Prologis pads its South Florida industrial portfolio, pays Codina $57M for Doral warehouse

December 27, 2024December 27, 2024

Prologis is ending the year with South Florida’s eighth largest industrial deal of the past 12 months, paying $57 million for a Doral warehouse. An

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Richard Ruben sells Surf Club Four Seasons condo to Peter Fine for M
Business

Richard Ruben sells Surf Club Four Seasons condo to Peter Fine for $14M

December 27, 2024December 27, 2024

Ruben Companies boss Richard Ruben sold his condo in Four Seasons Residences at the Surf Club to fellow developer Peter Fine for $14.3 million. Records

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Here are South Florida’s biggest office leases of 2024
Business

Here are South Florida’s biggest office leases of 2024

December 27, 2024December 27, 2024

South Florida office leasing fell off its peak this year.  The slowdown marks a turnaround from the leasing blitz of the past three years, as

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Four Corners drops M for Plantation rental complex, amid flurry of South Florida multifamily deals
Business

Four Corners drops $49M for Plantation rental complex, amid flurry of South Florida multifamily deals

December 27, 2024December 27, 2024

Four Corners Development Group bought a 210-unit apartment complex in Plantation for $48.6 million, amid a flurry of year-end multifamily deals.  The New York-based firm

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South Florida by the numbers: Broward on the rise
Business

South Florida by the numbers: Broward on the rise

December 27, 2024December 27, 2024

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  Bookended by billionaire buyers in

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Jeffrey Soffer’s Fontainebleau Miami Beach sues “America’s Rabbi” for defamation
Business

Jeffrey Soffer’s Fontainebleau Miami Beach sues “America’s Rabbi” for defamation

December 26, 2024December 26, 2024

Billionaire developer Jeffrey Soffer is accusing a popular Jewish religious leader of desecrating his Fontainebleau Miami Beach resort with a weekslong smear campaign designed to

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Terra, One Thousand Group land 5M construction loan for Major Food Group-branded condo tower in Edgewater
Business

Terra, One Thousand Group land $285M construction loan for Major Food Group-branded condo tower in Edgewater

December 26, 2024December 26, 2024

Terra and One Thousand Group scored a $285 million construction loan for a Major Food Group-branded condo tower in Edgewater, amid a flurry of South

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Aston Martin condo sells for M, Miami tower’s priciest closing yet
Business

Aston Martin condo sells for $24M, Miami tower’s priciest closing yet

December 26, 2024December 26, 2024

A condo at Miami’s Aston Martin Residences sold for $24 million, the tower’s priciest closing to date. Records show the developer sold unit 6101c at

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FCP drops M for new 250-unit Miramar rental complex, amid year-end rush on South Florida investment sales
Business

FCP drops $68M for new 250-unit Miramar rental complex, amid year-end rush on South Florida investment sales

December 26, 2024December 26, 2024

FCP bought a newly completed 250-unit apartment complex in Miramar for $67.5 million, amid a year-end rush on South Florida investment sales.  Chevy Chase, Maryland-based

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Estate lands M construction loan for 347-unit rental project in Davie, amid record South Florida multifamily pipeline
Business

Estate lands $78M construction loan for 347-unit rental project in Davie, amid record South Florida multifamily pipeline

December 26, 2024December 26, 2024

Estate Companies landed a $78 million construction loan for a 347-unit apartment building in Davie, amid a record multifamily pipeline in South Florida.   South Miami-based

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