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Category: Business

TRD Forum panelists: The “Citadel effect” is boosting Brickell
Business

TRD Forum panelists: The “Citadel effect” is boosting Brickell

November 6, 2024November 6, 2024

Billionaire hedge fund manager Ken Griffin’s bet on Miami’s Brickell office market is boosting the neighborhood’s cachet among out-of-town executive condo buyers, according to a

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How is Flow revolutionary? Adam Newmann: “It’s a feeling”
Business

How is Flow revolutionary? Adam Newmann: “It’s a feeling”

November 6, 2024November 6, 2024

It’s been two years since Adam Neumann launched his residential venture Flow and over six months since its first properties went live.  And yet the

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How is Flow revolutionary? Adam Newmann: “It’s a feeling”
Business

How is Flow revolutionary? Adam Neumann: “It’s a feeling”

November 6, 2024November 6, 2024

It’s been two years since Adam Neumann launched his residential venture Flow and over six months since its first properties went live.  And yet the

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Developers’ choice, Tomas Regalado, coasts to victory in Miami-Dade Property Appraiser race
Business

Developers’ choice, Tomas Regalado, coasts to victory in Miami-Dade Property Appraiser race

November 6, 2024November 6, 2024

Backed by developers, Tomas Regalado rode the red wave in Miami-Dade County to win the property appraiser’s race.  Regalado, a Republican who served as Miami

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Voters approve Watson Island referendums to sell city land for condo projects
Business

Voters approve Watson Island referendums to sell city land for condo projects

November 6, 2024November 6, 2024

Miami voters approved two ballot measures tied to selling city-owned land to different development groups so they can build more condos on Miami’s Watson Island. 

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200 East closing tops Palm Beach County weekly condo sales 
Business

200 East closing tops Palm Beach County weekly condo sales 

November 6, 2024November 6, 2024

Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 114 condo sales totaling $50.2 million from Oct. 27th to Nov. 3rd.

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Big plans, little construction: Mapping South Florida's long-delayed megaprojects
Business

Big plans, little construction: Mapping South Florida's long-delayed megaprojects

November 5, 2024November 5, 2024

Nearly a decade ago, the Ghermezian family unveiled plans for an ambitious project: American Dream Miami.  The Ghermezians’ Triple Five Group, owners of American Dream

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Cervera parts ways with Harvey Hernandez on Natiivo Fort Lauderdale
Business

Cervera parts ways with Harvey Hernandez on Natiivo Fort Lauderdale

November 5, 2024November 5, 2024

Cervera Real Estate is parting ways with Natiivo Fort Lauderdale, months after launching sales of the condo project, The Real Deal has learned.  Harvey Hernandez’s

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Walton Street picks up Sunrise warehouse for M, as pockets of South Florida’s industrial market soften 
Business

Walton Street picks up Sunrise warehouse for $19M, as pockets of South Florida’s industrial market soften 

November 5, 2024November 5, 2024

Walton Street Capital bought a warehouse in Sunrise for $18.5 million.  The Chicago-based firm scooped up the 77,600-square-foot building at 4701 Northwest 103rd Avenue from

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OceanLand scores M construction loan for Sixth&Rio Fort Lauderdale condos
Business

OceanLand scores $96M construction loan for Sixth&Rio Fort Lauderdale condos

November 5, 2024November 5, 2024

OceanLand Investments scored a $96 million construction loan for its planned Sixth&Rio condo project in Fort Lauderdale.  The Fort Lauderdale-based developer landed financing from Invictus

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