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Category: Business

The Weekly Dirt: Developers find backdoor way to pick up county land
Business

The Weekly Dirt: Developers find backdoor way to pick up county land

April 6, 2025April 6, 2025

A handful of developers have found a loophole that allows them to avoid a public bidding process when picking up sites in Miami-Dade County.  The

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Midtown Miami developer Jon Samuel sells Sunrise retail plaza for M
Business

Midtown Miami developer Jon Samuel sells Sunrise retail plaza for $30M

April 4, 2025April 5, 2025

Jon Samuel, one of the original developers of Midtown Miami, sold a retail plaza in Sunrise for $30 million. New York-based SK Realty Management, led

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Welltower buys assisted living complex in Davie for M
Business

Welltower buys assisted living complex in Davie for $34M

April 4, 2025April 4, 2025

Welltower bought a 220-bed assisted and independent living complex in Davie for $34.3 million, marking continued investment in South Florida senior care facilities.  Royal Senior

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Masaveu expands West Brickell dev site by acquiring adjacent commercial building for M
Business

Masaveu expands West Brickell dev site by acquiring adjacent commercial building for $16M

April 4, 2025April 4, 2025

Masaveu Real Estate US beefed up a West Brickell development site after purchasing an adjacent property for $15.5 million. An affiliate of Masaveu, the American

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700 condo buildings in South Florida on secret mortgage blacklist
Business

700 condo buildings in South Florida on secret mortgage blacklist

April 4, 2025April 4, 2025

The number of South Florida condo buildings on a Fannie Mae blacklist has more than doubled in the past two years, as the financial strain

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Grant Cardone raises M for crypto and multifamily deals; plays coy about California governor run
Business

Grant Cardone raises $88M for crypto and multifamily deals; plays coy about California governor run

April 4, 2025April 4, 2025

Grant Cardone raised $88.1 million in recent months for a fund that bought $15 million in Bitcoin and paid $73 million for a Central Florida

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Resi roundup: Medicare fraudster, hospitality heiress sell South Florida homes
Business

Resi roundup: Medicare fraudster, hospitality heiress sell South Florida homes

April 4, 2025April 4, 2025

In the latest roundup of South Florida luxury residential deals, a convicted Medicare fraudster, a hospitality heiress and the wife of a pharma executive sold

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Miami Design Preservation League’s longtime director Daniel Ciraldo steps down
Business

Miami Design Preservation League’s longtime director Daniel Ciraldo steps down

April 3, 2025April 3, 2025

Daniel Ciraldo stepped down as executive director of the Miami Design Preservation League, the nonprofit he led for about eight years.  Ciraldo, who often spoke

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Vlad Doronin’s OKO and Cain propose three-building Palm Beach condo complex
Business

Vlad Doronin’s OKO and Cain propose three-building Palm Beach condo complex

April 3, 2025April 3, 2025

OKO Group and Cain International are proposing a three-building condo complex in Palm Beach, the island’s first new condo proposal in nearly 20 years. The

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Developer Andres Isaias buys North Bay Road teardown for M, plans M spec mansion
Business

Developer Andres Isaias buys North Bay Road teardown for $17M, plans $65M spec mansion

April 3, 2025April 3, 2025

Developer Andres Isaias bought a waterfront North Bay Road teardown for $17 million, with plans to tear it down and build a trophy spec home. 

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