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Category: Business

Blackstone cashes out of another South Florida industrial portfolio, selling five facilities for 6M
Business

Blackstone cashes out of another South Florida industrial portfolio, selling five facilities for $206M

December 10, 2024December 10, 2024

Blackstone continued lightening its industrial property load in South Florida, selling five Sunrise warehouses for a combined $205.5 million. The deal is on the heels

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Shaken, not stirred: Retired CEO drops record M on James Bond-inspired Delray Beach spec mansion
Business

Shaken, not stirred: Retired CEO drops record $37M on James Bond-inspired Delray Beach spec mansion

December 10, 2024December 10, 2024

Barry Smith, a retired health care CEO, bought a James Bond-inspired spec estate dubbed “Villa Spectre” for $36.8 million, making it Delray Beach’s most expensive

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Billionaire hedge fund manager Dan Loeb sells Miami Beach mansion for over M 
Business

Billionaire hedge fund manager Dan Loeb sells Miami Beach mansion for over $35M 

December 10, 2024December 10, 2024

Billionaire hedge fund manager Dan Loeb sold his waterfront mansion in Miami Beach for about $35.5 million, The Real Deal has learned.  Loeb, founder and

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Chetrit scores financing, new partner for long-awaited Collins Park Hotel in Miami Beach
Business

Chetrit scores financing, new partner for long-awaited Collins Park Hotel in Miami Beach

December 10, 2024December 10, 2024

Chetrit Group is nearing the finish line of a long-awaited Miami Beach hotel project. Joe Chetrit’s firm refinanced its loan on the Collins Park Hotel

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The Agency expands to Fort Lauderdale
Business

The Agency expands to Fort Lauderdale

December 10, 2024December 10, 2024

The Agency is opening an office in Fort Lauderdale, marking its latest expansion in South Florida in recent years, The Real Deal has learned.  The

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Brickell Flatiron closing tops Miami-Dade weekly condo sales 
Business

Brickell Flatiron closing tops Miami-Dade weekly condo sales 

December 10, 2024December 10, 2024

Miami-Dade County’s condo sales volume rose in the first week of December. The average price per square foot also jumped, rebounding from a dip late

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One Thousand Group pays M for dev site in Miami’s Edgewater
Business

One Thousand Group pays $53M for dev site in Miami’s Edgewater

December 10, 2024December 10, 2024

One Thousand Group paid $53 million for a development site in Edgewater, marking the group’s third project in the Miami neighborhood, The Real Deal has

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Jeffrey Soffer scores 0M refi for JW Marriott Miami Turnberry Resort & Spa
Business

Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & Spa

December 9, 2024December 9, 2024

Billionaire Jeffrey Soffer is on a refinancing roll, landing a new $550 million loan for his Aventura resort from the same lenders that provided a

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Coconut Grove PH asking M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel
Business

Coconut Grove PH asking $25M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel

December 9, 2024December 9, 2024

A penthouse at Park Grove in Miami’s Coconut Grove and a waterfront home on the Venetian Islands topped last week’s signed contracts report during Miami

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Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell; Japanese eatery on tap in Miami Design District
Business

Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell; Japanese eatery on tap in Miami Design District

December 9, 2024December 9, 2024

OKO Group, Tao Group Hospitality | Brickell  A Mediterranean restaurant and a private lounge will open atop the 830 Brickell office tower.  Miami Members Hospitality,

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