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Category: Business

eXp Realty acquires 102-agent brokerage in Miami
Business

eXp Realty acquires 102-agent brokerage in Miami

January 22, 2025January 22, 2025

eXp Realty acquired a 102-agent brokerage in Miami, expanding its South Florida presence. The Bellingham, Washington-based firm acquired OnePath Realty, according to a press release.

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Private equity billionaire sues Sapir over alleged construction defects at oceanfront Arte condo in Surfside
Business

Private equity billionaire sues Sapir over alleged construction defects at oceanfront Arte condo in Surfside

January 22, 2025January 22, 2025

The billionaire owner of a penthouse at Arte, an oceanfront luxury condo building in Surfside, is suing the developer over alleged construction defects.  The suit

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Twenty One Hundred closing tops Palm Beach County weekly condo sales
Business

Twenty One Hundred closing tops Palm Beach County weekly condo sales

January 22, 2025January 22, 2025

Palm Beach County’s condo sales dollar volume rose in the third week of January, despite a drop in deals.  Brokers closed 81 condo sales totaling

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Codina lands 4M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco
Business

Codina lands $124M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco

January 21, 2025January 21, 2025

Codina Partners scored a $124 million refinancing for a pair of Downtown Doral apartment towers, using part of the capital to buy out Invesco’s stake

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Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 
Business

Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 

January 21, 2025January 21, 2025

The Pérez family’s Related Group proposes a 398-unit Live Local Act project to take the place of the Claude Pepper age-restricted public housing building in

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Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Business

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales

January 21, 2025January 21, 2025

Miami-Dade County’s condo sales and dollar volume rose in the third week of January. Brokers closed 106 condo sales totaling $95.3 million from Jan. 12

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Adam Neumann’s Flow lands El Portal dev site with M winning auction offer
Business

Adam Neumann’s Flow lands El Portal dev site with $71M winning auction offer

January 21, 2025January 21, 2025

Adam Neumann’s Flow won an El Portal development site with a $70.5 million offer that beat out Melo Group, The Real Deal has learned.  Miami-Dade

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AEW scoops up 424-unit senior living complex in Wellington for 0M
Business

AEW scoops up 424-unit senior living complex in Wellington for $100M

January 21, 2025January 21, 2025

AEW Capital Management bought a 424-unit senior living rental complex in Wellington for $100.1 million, marking this year’s first major commercial real estate deal in

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Former financier sells Venetian Islands home for M
Business

Former financier sells Venetian Islands home for $23M

January 21, 2025January 21, 2025

With real estate’s busy season in full swing, a waterfront home in Miami Beach’s Venetian Islands sold for $22.8 million. Records show Scott Reynolds and

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Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design
Business

Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design

January 20, 2025January 20, 2025

Oak Row Equities scored approval for a 526-unit apartment tower in downtown Miami, after failing last year to impress a city board with the building’s

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