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Category: Business

Structure Capital drops M for Cooper City plaza, as South Florida retail deals flow
Business

Structure Capital drops $19M for Cooper City plaza, as South Florida retail deals flow

July 17, 2024July 17, 2024

Diversified Realty Development sold the majority of the retail space at the Shoppes at Monterra Commons in Cooper City for $18.5 million, as South Florida

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French billionaire’s son sells Oceana Bal Harbour condo for M
Business

French billionaire’s son sells Oceana Bal Harbour condo for $16M

July 17, 2024July 17, 2024

Jean-Jacques Murray, son of the late French billionaire Jacques Gaston Murray, sold his unit at Oceana Bal Harbour for $16 million in an off-market deal. 

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Nuveen sells 197-unit apartment complex in Plantation for M –– a 5% discount from a decade ago
Business

Nuveen sells 197-unit apartment complex in Plantation for $49M –– a 5% discount from a decade ago

July 16, 2024July 16, 2024

Nuveen Real Estate sold a 197-unit apartment complex in Plantation for $49.4 million, marking a 5 percent discount from the firm’s purchase price a decade

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Elliman’s Oliver Lloyd sells Sunset Islands spec mansion for M
Business

Elliman’s Oliver Lloyd sells Sunset Islands spec mansion for $34M

July 16, 2024July 16, 2024

Douglas Elliman agent Oliver Lloyd sold a waterfront spec mansion on Miami Beach’s Sunset Islands for $34.4 million, making it one of the most expensive

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BREAKING: Sergio Pino dies by suicide during FBI home raid
Business

BREAKING: Sergio Pino dies by suicide during FBI home raid

July 16, 2024July 16, 2024

Prominent South Florida homebuilder Sergio Pino was found dead from suicide at his Coral Gables home on Tuesday morning.  Pino was being investigated by the

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Owner of Las Vegas Cuban restaurants finds buyer for M North Miami mansion
Business

Owner of Las Vegas Cuban restaurants finds buyer for $24M North Miami mansion

July 16, 2024July 16, 2024

A handful of prominent homeowners in Miami-Dade County secured buyers for their waterfront properties last week, as activity in the high-end residential market picked back

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Industrial asking rents soar in Miami-Dade and Broward, stay flat in Palm Beach County
Business

Industrial asking rents soar in Miami-Dade and Broward, stay flat in Palm Beach County

July 16, 2024July 16, 2024

Warehouse landlords are still in the driver’s seat, as median asking rents soared for most of South Florida’s industrial market in the second quarter.  Industrial

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Fisher Island closing tops Miami-Dade weekly condo sales 
Business

Fisher Island closing tops Miami-Dade weekly condo sales 

July 16, 2024July 16, 2024

A Fisher Island closing led Miami-Dade County’s condo sales last week, as total dollar volume, average sale price and average price per square foot rose. 

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Stifel’s Chuck Roberts Buys M Bay Point House
Business

Stifel’s Chuck Roberts Buys $16M Bay Point House

July 15, 2024July 16, 2024

Stifel investment broker Chuck Roberts is switching from a penthouse in Miami Beach to a waterfront house in Miami’s Bay Point. Roberts and his wife,

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SB Development, Hazelton Revive Controversial Edgewater Tower
Business

SB Development, Hazelton Revive Controversial Edgewater Tower

July 15, 2024July 16, 2024

SB Development and Hazelton Capital Group have revived a controversial proposal to build a 55-story residential tower on a 0.3-acre lot in Edgewater.  The Miami

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