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Category: Business

Mast, Starwood score 0M construction loan for Miami Beach condo project
Business

Mast, Starwood score $390M construction loan for Miami Beach condo project

January 17, 2025January 17, 2025

Mast Capital and Starwood Capital Group secured construction financing for their oceanfront luxury condo project in Miami Beach.  The joint venture closed on a $390

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Robert Rivani’s Black Lion slims portfolio, sells Catch restaurant for M 
Business

Robert Rivani’s Black Lion slims portfolio, sells Catch restaurant for $28M 

January 17, 2025January 17, 2025

Robert Rivani’s Black Lion sold one of its signature commercial condo units, a building leased to Catch restaurant in Miami Beach’s South of Fifth neighborhood,

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Vertical Developments launches Fendi Casa-branded Aventura condo project
Business

Vertical Developments launches Fendi Casa-branded Aventura condo project

January 17, 2025January 17, 2025

Vertical Developments is launching a Fendi Casa-branded luxury waterfront condo project in Aventura. The developer, led by partner and CEO Fernando de Nuñez y Lugones,

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Condra sues city of Hollywood over denial of Live Local project
Business

Condra sues city of Hollywood over denial of Live Local project

January 17, 2025January 17, 2025

The developer of a planned mixed-use project in Hollywood Beach is alleging the city illegally denied its Live Local Act application, according to a lawsuit

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Condra sues city of Hollywood over denial of Live Local project
Business

Condra sues city of Hollywood over denial of Live Local project

January 17, 2025January 17, 2025

The developer of a planned mixed-use project in Hollywood Beach is alleging the city illegally denied its Live Local Act application, according to a lawsuit

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After M discount, family office boss buys Fisher Island mansion for M
Business

After $7M discount, family office boss buys Fisher Island mansion for $21M

January 17, 2025January 17, 2025

Guilherme Federico, CEO and portfolio manager of a Miami-based family office, bought a Fisher Island mansion for $21 million. Records show 6915 Valencia Drive, a

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Witkoff, Blavatnik sell 10 acres at Banyan Cay to homebuilder Schickedanz for M
Business

Witkoff, Blavatnik sell 10 acres at Banyan Cay to homebuilder Schickedanz for $15M

January 17, 2025January 17, 2025

Witkoff and Len Blavatnik’s Access Industries sold a portion of the former Banyan Cay Resort & Golf Club in West Palm Beach to homebuilder Schickedanz. 

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Miami-Dade pays M for industrial sites to use as staging for MIA improvements, expansion
Business

Miami-Dade pays $17M for industrial sites to use as staging for MIA improvements, expansion

January 16, 2025January 16, 2025

Miami-Dade County bought a 3.4-acre industrial site for $17 million that it plans to use as staging for improvements and expansion of the nearby international

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Related, BH launch sales for Viceroy Residences Aventura
Business

Related, BH launch sales for Viceroy Residences Aventura

January 16, 2025January 16, 2025

Frequent development partners Related Group and BH Group are launching sales for Viceroy Residences Aventura, one of the city’s first planned condo towers in years. 

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Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging 5M UCC auction
Business

Nick of time: Penn-Florida files bankruptcy on Boca Raton Via Mizner apartments, dodging $145M UCC auction

January 16, 2025January 16, 2025

An affiliate of Penn-Florida Companies filed bankruptcy on its 101 Via Mizner apartment building in Boca Raton, warding off a foreclosure auction over a $145

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