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Category: Business

Adam Neumann’s Flow lands El Portal dev site with M winning auction offer
Business

Adam Neumann’s Flow lands El Portal dev site with $71M winning auction offer

January 21, 2025January 21, 2025

Adam Neumann’s Flow won an El Portal development site with a $70.5 million offer that beat out Melo Group, The Real Deal has learned.  Miami-Dade

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AEW scoops up 424-unit senior living complex in Wellington for 0M
Business

AEW scoops up 424-unit senior living complex in Wellington for $100M

January 21, 2025January 21, 2025

AEW Capital Management bought a 424-unit senior living rental complex in Wellington for $100.1 million, marking this year’s first major commercial real estate deal in

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Former financier sells Venetian Islands home for M
Business

Former financier sells Venetian Islands home for $23M

January 21, 2025January 21, 2025

With real estate’s busy season in full swing, a waterfront home in Miami Beach’s Venetian Islands sold for $22.8 million. Records show Scott Reynolds and

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Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design
Business

Second time’s a charm: Board approves Oak Row’s 526-unit rental tower near MiamiCentral, after previously slamming design

January 20, 2025January 20, 2025

Oak Row Equities scored approval for a 526-unit apartment tower in downtown Miami, after failing last year to impress a city board with the building’s

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Sunny Isles Beach broker pleads guilty to violating Russia-Ukraine sanctions, money laundering
Business

Sunny Isles Beach broker pleads guilty to violating Russia-Ukraine sanctions, money laundering

January 20, 2025January 20, 2025

A Sunny Isles Beach-based luxury real estate broker pleaded guilty to a scheme to violate Russia-Ukraine sanctions and commit money laundering. Roman Sinyavsky of Family

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Lisette Calderon racks up another refi, scores M mortgage for Allapattah project
Business

Lisette Calderon racks up another refi, scores $85M mortgage for Allapattah project

January 20, 2025January 20, 2025

For the second time in less than a month, a Lissette Calderon Allapattah project scored a refinancing. An affiliate of New York-based Apollo Asset Management

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Waterfront Sunset Islands mansion asking M leads signed contracts
Business

Waterfront Sunset Islands mansion asking $29M leads signed contracts

January 20, 2025January 20, 2025

A waterfront Sunset Islands mansion asking $29 million led last week’s signed contracts report in Miami-Dade County, during an otherwise slow week.  Just six contracts

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Lease roundup: Pura Vida Miami opens new outposts, Big 4 ad agency moves to Coral Gables
Business

Lease roundup: Pura Vida Miami opens new outposts, Big 4 ad agency moves to Coral Gables

January 20, 2025January 20, 2025

Pura Vida Miami | Miami Beach, Fort Lauderdale  Pura Vida Miami, the café known for its health-conscious menu that includes smoothies and açaí bowls, opened

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Movers & Shakers: JLL taps Dan McGowan as South Florida market leader
Business

Movers & Shakers: JLL taps Dan McGowan as South Florida market leader

January 20, 2025January 20, 2025

In the latest roundup of South Florida real estate hiring news, firms are bulking up their leadership.  JLL tapped executive managing director Dan McGowan as

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Mast, Starwood score 0M construction loan for Miami Beach condo project
Business

Mast, Starwood score $390M construction loan for Miami Beach condo project

January 17, 2025January 17, 2025

Mast Capital and Starwood Capital Group secured construction financing for their oceanfront luxury condo project in Miami Beach.  The joint venture closed on a $390

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