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Category: Business

The Weekly Dirt: South Florida office market in a tough spot
Business

The Weekly Dirt: South Florida office market in a tough spot

September 22, 2024September 22, 2024

South Florida’s office market is having a harder time than the industry has let on. We knew investment sales were down compared to the record

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Boca Raton approves Chasen and ASG’s Glass House condos
Business

Boca Raton approves Chasen and ASG’s Glass House condos

September 20, 2024September 20, 2024

Chasen Companies and ASG Development won approval from Boca Raton for their planned Glass House condos.  Groundbreaking for the nine-story, 28-unit project at 280 East

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Palm Beach County wants feds to foot Trump’s security bill
Business

Palm Beach County wants feds to foot Trump’s security bill

September 20, 2024September 20, 2024

Palm Beach leaders want the federal government to foot the bill for Donald Trump’s beefed up security. Since the first assassination attempt on the former

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Urban League advances plan for 469-unit affordable housing development in Oakland Park
Business

Urban League advances plan for 469-unit affordable housing development in Oakland Park

September 20, 2024September 20, 2024

The Urban League of Broward County expects to break ground next year on Village at Oakland Park, a 469-unit affordable housing development that will include

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Developers plan 500-unit resi project on Fort Lauderdale church property, as religious site redevelopment becomes canon in South Florida 
Business

Developers plan 500-unit resi project on Fort Lauderdale church property, as religious site redevelopment becomes canon in South Florida 

September 20, 2024September 20, 2024

A development partnership proposes a 500-unit residential project on a 3.2-acre assemblage in Fort Lauderdale that includes a church, as redevelopment of religious sites surges

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South Florida resi sales, dollar volume drop in August 
Business

South Florida resi sales, dollar volume drop in August 

September 20, 2024September 20, 2024

South Florida’s residential market slumped in August, with sales and dollar volume dropping across the region. Yet, single-family home prices continued to climb in Miami-Dade,

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Blackstone subsidiary nabs M loan for Medley industrial complex
Business

Blackstone subsidiary nabs $95M loan for Medley industrial complex

September 20, 2024September 20, 2024

Link Logistics secured a $95 million loan for a quartet of recently completed warehouses in Medley. An affiliate of New York-based GID provided the loan

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Lost sizzle: BurgerFi vacates four South Florida restaurants and corporate office as part of bankruptcy strategy
Business

Lost sizzle: BurgerFi vacates four South Florida restaurants and corporate office as part of bankruptcy strategy

September 19, 2024September 19, 2024

BurgerFi is cutting the fat from its real estate, abandoning leases at four South Florida restaurants and its corporate office in Fort Lauderdale. The fast

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Ansin family’s Sunbeam buys North Bay Village condo complex
Business

Ansin family’s Sunbeam buys North Bay Village condo complex

September 19, 2024September 19, 2024

The billionaire Ansin family’s Sunbeam Properties paid $8 million to complete a bulk purchase of an aging condo complex in North Bay Village.  Sunbeam acquired

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Developer proposes 42-unit multifamily project in Ojus, amid record South Florida apartment pipeline 
Business

Developer proposes 42-unit multifamily project in Ojus, amid record South Florida apartment pipeline 

September 19, 2024September 19, 2024

A developer proposes a 42-unit multifamily project in Ojus, amid a record apartment construction pipeline in South Florida.  Entities managed by Jacobo and Fortuna Toledano

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