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Category: Business

As part of 0M nationwide leaseback deal, AT&T sells 10 South Florida sites for M
Business

As part of $850M nationwide leaseback deal, AT&T sells 10 South Florida sites for $63M

January 30, 2025January 30, 2025

AT&T has disconnected its ownership of 10 South Florida sites, selling the office/industrial properties to Reign Capital for a combined $62.9 million. An affiliate of

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Hallandale Beach board green-lights BH, Prime’s Homewood Suites by Hilton hotel project
Business

Hallandale Beach board green-lights BH, Prime’s Homewood Suites by Hilton hotel project

January 30, 2025January 30, 2025

BH Group and Prime Group are a step closer to building a new hotel near Gulfstream Park. The Hallandale Beach Planning and Zoning Board on

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South Florida by the numbers: Butler did it
Business

South Florida by the numbers: Butler did it

January 30, 2025January 30, 2025

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  By the time you read

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Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 
Business

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 

January 30, 2025January 30, 2025

Pinnacle proposes a 110-unit affordable apartment project for seniors in Princeton, amid a continuing development rush in south Miami-Dade County.  The Kendall-based firm wants to

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Allen Morris launches sales of Ponce Park luxury condo project
Business

Allen Morris launches sales of Ponce Park luxury condo project

January 30, 2025January 30, 2025

Allen Morris Company is launching sales of its luxury condo project in Coral Gables, about nine months after securing approval from the city.  The Coral

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Retail asking rents rose across South Florida in fourth quarter
Business

Retail asking rents rose across South Florida in fourth quarter

January 30, 2025January 30, 2025

South Florida retail landlords boosted their asking rents during the fourth quarter of last year, while investors continued scooping up shopping centers, especially properties anchored

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Las Olas Grand closing tops Broward weekly condo sales 
Business

Las Olas Grand closing tops Broward weekly condo sales 

January 30, 2025January 30, 2025

Broward County’s condo sales and dollar volume fell in the fourth week of January.  Brokers closed 89 condo sales totaling $26.3 million from Jan. 19

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Cafaro family adds to pricey home portfolio in Stone Creek Ranch with M purchase
Business

Cafaro family adds to pricey home portfolio in Stone Creek Ranch with $55M purchase

January 29, 2025January 29, 2025

A member of the Cafaro real estate family paid $55 million for a waterfront spec estate in western Palm Beach County, marking the family’s second

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Brazilian investor sells Oceana Key Biscayne condo for M
Business

Brazilian investor sells Oceana Key Biscayne condo for $15M

January 29, 2025January 29, 2025

Brazilian investor Andre Szajman sold his Oceana Key Biscayne condo for $15.2 million. Records show Szajman’s ACCAA LLC, a Delaware entity, sold unit LPH2S at

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Kite Realty expands South Florida retail portfolio with M Publix-anchored purchase
Business

Kite Realty expands South Florida retail portfolio with $68M Publix-anchored purchase

January 29, 2025January 29, 2025

Kite Realty Group is the latest retail landlord hungry for a Publix-anchored shopping center, buying a West Palm Beach site for $68 million. An affiliate

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