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Category: Business

Baron scores 6M construction loan for 661-unit apartment project in Hialeah
Business

Baron scores $206M construction loan for 661-unit apartment project in Hialeah

March 20, 2025March 20, 2025

Baron Property Group scored a $206 million construction loan for the Metro Parc North apartment project in Hialeah.  The New York-based firm is building the

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Map: Here are South Florida’s canceled or delayed office projects 
Business

Map: Here are South Florida’s canceled or delayed office projects 

March 20, 2025March 20, 2025

In recent years, South Florida’s office market appeared resilient to financial woes experienced elsewhere in the U.S. Major companies leased across the tri-county region, making

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Adagio closing tops Broward weekly condo sales 
Business

Adagio closing tops Broward weekly condo sales 

March 20, 2025March 20, 2025

Broward County’s condo dollar volume fell in the second week of March. Brokers closed 132 condo sales totaling $42.7 million from Mar. 9 to Mar.

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Publix picks up another of its South Florida stores for M
Business

Publix picks up another of its South Florida stores for $25M

March 19, 2025March 19, 2025

Publix is back at the South Florida retail checkout line, paying $25 million for one of its stores near Galleria Mall in Fort Lauderdale.  Since

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Miami Manager cuts fully leased Broward retail center from commercial portfolio
Business

Miami Manager cuts fully leased Broward retail center from commercial portfolio

March 19, 2025March 19, 2025

Miami Manager is left with three shopping centers in South Florida, after selling Village Shoppes of Coconut Creek for $21.3 million. An affiliate of Sunrise-based

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Brazilian billionaire’s firm completes dev site purchase for first Coral Gables condo project
Business

Brazilian billionaire’s firm completes dev site purchase for first Coral Gables condo project

March 19, 2025March 19, 2025

Multiplan Real Estate Asset Management completed an assemblage for its first condo development in Coral Gables, The Real Deal has learned.  Brazilian billionaire Jose Isaac

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Journey Capital buys multifamily complex in Plantation for 2M 
Business

Journey Capital buys multifamily complex in Plantation for $102M 

March 19, 2025March 19, 2025

Journey Capital scooped up a 404-unit multifamily complex in Plantation for $102 million.  The New York-based investment manager bought Rise at Plantation Walk at 333

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Miami Beach Mayor Steven Meiner’s push to evict O Cinema fizzles
Business

Miami Beach Mayor Steven Meiner’s push to evict O Cinema fizzles

March 19, 2025March 19, 2025

Once five Miami Beach city commissioners indicated they would not support evicting O Cinema, Mayor Steven Meiner called off his effort to kick out the

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Coal heir buys West Palm Beach condo for M
Business

Coal heir buys West Palm Beach condo for $15M

March 19, 2025March 19, 2025

A coal heir bought a Bristol condo in West Palm Beach for $14.9 million, more than double its previous sale price five years ago. Records

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Bristol closing tops Palm Beach County weekly condo sales 
Business

Bristol closing tops Palm Beach County weekly condo sales 

March 19, 2025March 19, 2025

Palm Beach County’s condo sales and dollar volume rose in the second week of March. Brokers closed 139 condo sales totaling $96.4 million from Mar.

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