South Florida became a magnet for out-of-state companies in recent years, prompting giddiness over the tri-county region’s office market. Even as headwinds emerged, developers pushed
Category: Business
Alina Boca Raton closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 139 condo sales totaling $70.5 million from April 13 to April 20.
PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood
PMG and Lndmrk Development are teaming up to build a short-term rental-friendly condo project in Miami’s Wynwood neighborhood. The developers are planning the eight-story, 233-unit
Canadian investor pays $21M for Boca Raton office building
A Canadian investment firm bought an office building in Boca Raton for $20.6 million. Ontario-based Axia GeoCapital, led by Nickolas Georghiades, bought the seven-story One
Moto Capital boss sells Fisher Island penthouse for $21M
In a case of not island hopping, but island home hopping, the head of a local investment firm sold his Fisher Island penthouse for $20.5
Hialeah to consider affordable housing density bonuses
Developers could add more density to mixed-income multifamily projects in Hialeah, if they set aside units for low-income residents. On Wednesday, the Hialeah City Council
Florida lawmakers consider bill that would eliminate real estate’s regulatory board
The future of the Florida Real Estate Commission is in the hands of lawmakers. FREC, which oversees real estate agents, brokers and brokerages, could be
Continuum closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 141 condo sales totaling $136.5 million from April 13 to April 20. The
Seagis nabs $88M refi for Miami-Dade industrial portfolio
Seagis Property Group landed an $87.7 million refinancing for an industrial portfolio in Miami-Dade County. State Farm Life Insurance Company provided the loan to Conshohocken,
Widow sells oceanfront Palm Beach house for $27M, down from $39M asking price
A widow sold her oceanfront house in Palm Beach for $26.7 million, down from the $39 million she listed it for over a year ago.