Investor Edmond Harbour dropped $34 million to buy his Sunset Islands neighbor’s teardown, bringing his total spent on two adjacent lots to $60.5 million. His
Category: Business
More Live Local towers on tap: Miami board approves two in Wynwood Norte, Overtown with nearly 800 units total
A Miami design review board greenlit two Live Local Act projects in Wynwood Norte and Overtown with nearly 800 units, combined. ABH Developer Group, led
Miami board approves two major projects in Midtown and Edgewater
A pair of massive projects in Midtown Miami and Edgewater easily passed a city architectural aesthetics examination. On Wednesday, the Miami Urban Development Review Board
Resident scores $114M refi for 279-unit apartment tower in Edgewater
Resident Group scored a $113.8 million refinancing for its 279-unit Metro Edgewater apartment tower. The deal marks a continuing lending boom in South Florida, despite
Price revealed: The Weeknd pays record $50M for Gables Estates mansion
The Weeknd closed on a waterfront mansion in gated Gables Estates for $50 million, making it the most expensive home ever sold in Coral Gables.
Terra and New Valley nab $130M refi for northwest Miami-Dade multifamily project
Terra and New Valley landed a $129.7 million refinancing for Natura Gardens, a 460-unit apartment community in northwest Miami-Dade County. New York Life Insurance Company
Crescent Heights scores $238M refi for luxury 588-unit apartment tower in Edgewater
Crescent Heights scored a $238.4 million refinancing for the luxury 588-unit Forma Miami apartment tower in Edgewater. The deal marks a continuing lending flurry in
Hold up! Judge temporarily blocks Miami land deal for Trump library
A judge temporarily halted the planned transfer of a valuable downtown Miami parcel slated for President Donald Trump’s future presidential library, intervening in a high-profile
Distress call: Office rents tumble in Miami-Dade and Palm Beach counties in third quarter
A slumping South Florida office market has some landlords and developers seeking exit strategies. Asking rents tumbled in Miami-Dade and Palm Beach counties in the
Battle over Terra and Frisbie’s Boca Raton megaproject grows more contentious
Weeks after the Boca Raton City Council agreed to wait for a voter referendum on Terra and Frisbie Group’s proposed government campus redevelopment, the battle