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Category: Business

Surfside victims’ attorney buys his Venetian Islands neighbor’s house for M
Business

Surfside victims’ attorney buys his Venetian Islands neighbor’s house for $16M

July 10, 2025July 10, 2025

Judd Rosen, one of the lead attorneys who represented victims of the Surfside condo collapse, bought his Miami Beach neighbor’s waterfront home for $15.5 million.

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Kolter plans 386-unit Live Local multifamily project in Delray Beach
Business

Kolter plans 386-unit Live Local multifamily project in Delray Beach

July 10, 2025July 10, 2025

Kolter Group is seeking streamlined approval of Alton Delray, a 386-unit multifamily development with a workforce housing component, under the state’s Live Local Act. Kolter,

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A win for holdouts: Appeals court sides with Biscayne 21 condo owners in battle with Two Roads tied to redevelopment
Business

A win for holdouts: Appeals court sides with Biscayne 21 condo owners in battle with Two Roads tied to redevelopment

July 10, 2025July 10, 2025

Two Roads Development was dealt a major blow in its legal battle over a condo buyout in Miami’s Edgewater, where the company plans an Edition

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Lender wins Gateway at Wynwood bankruptcy auction with M bid 
Business

Lender wins Gateway at Wynwood bankruptcy auction with $90M bid 

July 10, 2025July 10, 2025

Gateway at Wynwood technically has a new owner, but a last-minute buyer offering to pay more could end up with the distressed Miami mixed-use building.

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Midtown Capital plans 348-unit Live Local Act tower in Miami’s Little River, amid flurry of proposals under state law
Business

Midtown Capital plans 348-unit Live Local Act tower in Miami’s Little River, amid flurry of proposals under state law

July 10, 2025July 10, 2025

Midtown Capital Partners proposes a 348-unit Live Local Act tower in Miami’s Little River, amid a flurry of project applications under the state’s affordable housing

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Pompano Beach closing tops Broward weekly condo sales 
Business

Pompano Beach closing tops Broward weekly condo sales 

July 10, 2025July 10, 2025

Broward County’s condo sales and dollar volume held steady during the July Fourth holiday week. Brokers closed 66 condo sales totaling $21.3 million from June

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Office market continues heating up as deals hit B 
Business

Office market continues heating up as deals hit $40B 

July 10, 2025July 10, 2025

The U.S. office market posted its fourth consecutive quarterly decline in vacancy rates, signaling strong recovery momentum. Vacancy fell to 23.2 percent in the second

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Fortune, Blue Road land M construction loan for EB-5-backed North Miami Beach condos
Business

Fortune, Blue Road land $73M construction loan for EB-5-backed North Miami Beach condos

July 9, 2025July 9, 2025

Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach.  Tel Aviv-based Bank

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Michael Swerdlow on track with Miami-Dade to build 5M mixed-use project
Business

Michael Swerdlow on track with Miami-Dade to build $295M mixed-use project

July 9, 2025July 9, 2025

Michael Swerdlow is lining up another public-private partnership with Miami-Dade County that would entail the development of a $295 million mixed-use project on 37.7 acres

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Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami
Business

Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami

July 9, 2025July 9, 2025

Central Asia’s largest developer, Kazakhstani firm BI Group, is partnering with Habitat Group on three mixed-use condo projects in Brickell and is looking for more

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