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Category: Business

PMG acquires development site for waterfront Fort Lauderdale condo project
Business

PMG acquires development site for waterfront Fort Lauderdale condo project

October 28, 2024October 28, 2024

PMG paid $19.2 million for a waterfront co-op building on Fort Lauderdale’s Intracoastal Waterway, as the firm moves forward with plans for a condo tower

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Waterfront Coral Gables mansion asking M tops signed contracts
Business

Waterfront Coral Gables mansion asking $16M tops signed contracts

October 28, 2024October 28, 2024

A waterfront home in Coral Gables asking nearly $16 million topped last week’s Eklund-Gomes signed contracts report in Miami-Dade County.  The renovated 8,305-square-foot, five-bedroom Cocoplum

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Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more
Business

Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more

October 28, 2024October 28, 2024

Target, Aldi, Burlington, more | Overtown | Miami  Retailers are starting to open at developer Michael Swerdlow’s Sawyer’s Walk project in Miami’s Overtown.  Already open

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Morgan, Carlyle land M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot
Business

Morgan, Carlyle land $67M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot

October 28, 2024October 28, 2024

Morgan Group and Carlyle Group landed a $67 million loan for the redevelopment of a closed Macy’s and adjacent lot in Pompano Beach, where the

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The Weekly Dirt: Miami River developers tap Alan Faena’s star power
Business

The Weekly Dirt: Miami River developers tap Alan Faena’s star power

October 27, 2024October 27, 2024

Just when it felt like fewer branded condo projects were launching sales, Edgardo Defortuna and Shahab Karmely unveiled another.  The joint venture partners on a

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Michael Stern plans luxury condo next to Monad Terrace in Miami Beach
Business

Michael Stern plans luxury condo next to Monad Terrace in Miami Beach

October 27, 2024October 27, 2024

Michael Stern’s JDS Development Group plans to develop a luxury condo tower next to its Monad Terrace project, The Real Deal has learned.  An affiliate

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Link lightens South Florida portfolio, sells Fort Lauderdale mixed-use building for M
Business

Link lightens South Florida portfolio, sells Fort Lauderdale mixed-use building for $19M

October 25, 2024October 25, 2024

Link Real Estate’s South Florida portfolio just got a little lighter after the Miami-based firm sold a Fort Lauderdale building for $19 million. A Link

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Mark Bellissimo, partners buy back Wellington International showgrounds
Business

Mark Bellissimo, partners buy back Wellington International showgrounds

October 25, 2024October 25, 2024

Developer Mark Bellissimo and his partners cut a deal to buy back Wellington International, the horse showgrounds at the heart of the village’s equestrian economy,

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Cayon, Easton ring up M Walmart-anchored shopping center purchase in Homestead
Business

Cayon, Easton ring up $17M Walmart-anchored shopping center purchase in Homestead

October 25, 2024October 25, 2024

Cayon Development Group and Easton Group are joining the wave of buyers snatching up South Florida shopping centers, paying $16.8 million for a Homestead retail

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Vanderbilt scores approval for 0M West Palm Beach campus 
Business

Vanderbilt scores approval for $520M West Palm Beach campus 

October 25, 2024October 25, 2024

“Welcome to Palm Beach County,” county Mayor Maria Sachs said, as the room erupted in applause.  Sachs had just presided over the unanimous approval of

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