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Category: Business

Codina lands 4M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco
Business

Codina lands $124M refi for Downtown Doral apartments, uses part of capital to buy out partner Invesco

January 21, 2025January 21, 2025

Codina Partners scored a $124 million refinancing for a pair of Downtown Doral apartment towers, using part of the capital to buy out Invesco’s stake

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Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 
Business

Pérez family’s Related proposes 398-unit Live Local Act redevelopment of Miami’s Claude Pepper public housing building 

January 21, 2025January 21, 2025

The Pérez family’s Related Group proposes a 398-unit Live Local Act project to take the place of the Claude Pepper age-restricted public housing building in

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Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Business

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales

January 21, 2025January 21, 2025

Miami-Dade County’s condo sales and dollar volume rose in the third week of January. Brokers closed 106 condo sales totaling $95.3 million from Jan. 12

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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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