Miami-Dade County’s condo dollar volume dropped last week, despite an increase in sales. Brokers closed 93 condo sales totaling $62.6 million from Feb. 16 to
Category: Business
South Florida residential sales dollar volume surges in January
South Florida’s residential sales dollar volume surged in January. Dollar volume reached $4 billion, up 14.3 percent from $3.5 billion in January of 2024. Median
Insurance boss buys $17M waterfront Fort Lauderdale spec house
The head of an insurance marketing firm dropped $17 million on a waterfront spec home in Fort Lauderdale. Records show Jeffrey and Shimera Franzoni bought
Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices
Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to
$18M waterfront Miami Beach house tops signed contracts
A nearly $18 million waterfront house in Miami Beach secured a buyer, topping last week’s signed contracts report. Twenty-one contracts were marked in the Multiple
Aby Rosen pulls another office building back from the brink
After a rough close to 2024, Aby Rosen is starting 2025 on a financing hot streak. RFR Holding recapitalized 475 Fifth Avenue in Midtown Manhattan
Lease roundup: Monarch, Tourmaline score Eastdil, Varonis and other office tenants in Brickell
Varonis, Eastdil Secured, more | Brickell Monarch Alternative Capital and Tourmaline Capital Partners scored five new leases and two renewals at their Brickell office tower.
Movers & Shakers: Elliman taps new development marketing VP
Douglas Elliman tapped Drew Backoff as its vice president of marketing for new development, according to a press release. As part of his role, Backoff
The Weekly Dirt: Flip side of the Trump bump
President Trump’s tariff threats and immigration policies will likely hit the construction industry. Though few South Florida developers want to talk about it (at least
Mexican mogul drops $18M on Aston Martin condo in Brickell
Mexican industrial magnate Luis Castelazo bought a condo at Aston Martin Residences in Miami’s Brickell neighborhood for $18 million. Records show Castelazo’s First Aston LLC,