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Category: Business

Barry Sternlicht’s Starwood provides M refi for Lissette Calderon’s Allapattah project
Business

Barry Sternlicht’s Starwood provides $64M refi for Lissette Calderon’s Allapattah project

December 23, 2024December 23, 2024

Lissette Calderon’s nearly completed multifamily project in Miami’s Allapattah scored a $63.5 million refinancing from billionaire Barry Sternlicht’s Starwood Property Trust. Miami Beach-based Starwood provided

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Spira Equity pays M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing
Business

Spira Equity pays $20M for low-income rental complex in Lauderdale Lakes, amid continued appetite for South Florida affordable housing

December 23, 2024December 23, 2024

Spira Equity Partners bought a low- and moderate-income apartment complex in Lauderdale Lakes for $20 million.  The deal marks continued investment appetite for South Florida

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 Eighty Seven Park PH asking M tops Miami-Dade signed contracts report
Business

 Eighty Seven Park PH asking $40M tops Miami-Dade signed contracts report

December 23, 2024December 23, 2024

A penthouse in Miami Beach’s Eighty Seven Park topped last week’s signed contracts report in Miami-Dade County, showing sustained dollar volume growth following a post-Art

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Lease roundup: Motek opening in Boca Raton, Presidente Supermarket on tap in Miami Gardens
Business

Lease roundup: Motek opening in Boca Raton, Presidente Supermarket on tap in Miami Gardens

December 23, 2024December 23, 2024

Motek | Boca Raton Kosher-style Mediterranean restaurant Motek, which means “sweetheart” in Hebrew, will open on Restaurant Row in Boca Raton early next year.  The

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Here are South Florida’s biggest retail leases of 2024
Business

Here are South Florida’s biggest retail leases of 2024

December 23, 2024December 23, 2024

Low vacancy rates and strong asking rents fueled another healthy year for South Florida’s retail market. Still, the biggest leases of the year were a

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Landau, Taubco land M construction loan for Bay Harbor office project, as South Florida financing keeps flowing
Business

Landau, Taubco land $74M construction loan for Bay Harbor office project, as South Florida financing keeps flowing

December 20, 2024December 20, 2024

Landau Properties and Taubco scored a $74 million construction loan for an office project in Bay Harbor Islands.  The deal comes as financing continues to

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Here are South Florida’s top office sales of 2024 
Business

Here are South Florida’s top office sales of 2024 

December 20, 2024December 20, 2024

This year’s office investment sales in South Florida were squarely in line with market trends. The biggest deal was in Miami’s booming Brickell Financial District,

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South Florida condo sales, dollar volume plummet in November 
Business

South Florida condo sales, dollar volume plummet in November 

December 20, 2024December 20, 2024

South Florida condo sales and dollar volume nosedived in November.    Single-family home sales in Broward and Palm Beach Counties also took a hit, according

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Helm Equities plans mixed-use Miami Design District project using Live Local Act
Business

Helm Equities plans mixed-use Miami Design District project using Live Local Act

December 20, 2024December 20, 2024

After a decade of owning a development site on the eastern end of the Miami Design District, Helm Equities submitted plans for a $500 million

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BAM plans 257-unit multifamily development near downtown Fort Lauderdale
Business

BAM plans 257-unit multifamily development near downtown Fort Lauderdale

December 20, 2024December 20, 2024

BAM Property Development won approval for a 257-unit multifamily development in Fort Lauderdale’s Flagler Village area. The Fort Lauderdale City Commission unanimously approved the site

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