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Category: Business

Midtown Capital plans 348-unit Live Local Act tower in Miami’s Little River, amid flurry of proposals under state law
Business

Midtown Capital plans 348-unit Live Local Act tower in Miami’s Little River, amid flurry of proposals under state law

July 10, 2025July 10, 2025

Midtown Capital Partners proposes a 348-unit Live Local Act tower in Miami’s Little River, amid a flurry of project applications under the state’s affordable housing

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Pompano Beach closing tops Broward weekly condo sales 
Business

Pompano Beach closing tops Broward weekly condo sales 

July 10, 2025July 10, 2025

Broward County’s condo sales and dollar volume held steady during the July Fourth holiday week. Brokers closed 66 condo sales totaling $21.3 million from June

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Office market continues heating up as deals hit B 
Business

Office market continues heating up as deals hit $40B 

July 10, 2025July 10, 2025

The U.S. office market posted its fourth consecutive quarterly decline in vacancy rates, signaling strong recovery momentum. Vacancy fell to 23.2 percent in the second

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Fortune, Blue Road land M construction loan for EB-5-backed North Miami Beach condos
Business

Fortune, Blue Road land $73M construction loan for EB-5-backed North Miami Beach condos

July 9, 2025July 9, 2025

Fortune International Group and Blue Road scored a $73.3 million construction loan for their planned Nexo Residences condos in North Miami Beach.  Tel Aviv-based Bank

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Michael Swerdlow on track with Miami-Dade to build 5M mixed-use project
Business

Michael Swerdlow on track with Miami-Dade to build $295M mixed-use project

July 9, 2025July 9, 2025

Michael Swerdlow is lining up another public-private partnership with Miami-Dade County that would entail the development of a $295 million mixed-use project on 37.7 acres

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Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami
Business

Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami

July 9, 2025July 9, 2025

Central Asia’s largest developer, Kazakhstani firm BI Group, is partnering with Habitat Group on three mixed-use condo projects in Brickell and is looking for more

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T2 Hospitality pays M for 163-key oceanfront hotel in Lauderdale-By-The-Sea
Business

T2 Hospitality pays $37M for 163-key oceanfront hotel in Lauderdale-By-The-Sea

July 9, 2025July 9, 2025

T2 Hospitality bought a 163-key oceanfront hotel in Lauderdale-By-The-Sea for $36.6 million.  The Newport Beach, California-based firm purchased Plunge Beach Resort Hotel from an entity

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Investor buys shopping plaza, self-storage in Pembroke Pines for M  
Business

Investor buys shopping plaza, self-storage in Pembroke Pines for $16M  

July 9, 2025July 9, 2025

Commercial real estate investor Andrew Perkins bought a shopping plaza and self-storage property in Pembroke Pines for $15.5 million.  Perkins Realty Management purchased the 64,300-square-foot

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Summer slowdown: Palm Beach County weekly condo sales drop to M
Business

Summer slowdown: Palm Beach County weekly condo sales drop to $26M

July 9, 2025July 9, 2025

It’s South Florida’s slow season amid the dog days of summer, and Palm Beach County’s condo sales and dollar volume dropped during the July Fourth

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Labeled a “monster”: Ohad Fisherman speaks out after being cleared of sexual battery
Business

Labeled a “monster”: Ohad Fisherman speaks out after being cleared of sexual battery

July 8, 2025July 8, 2025

Real estate broker Ohad Fisherman spoke publicly for the first time since prosecutors dropped a sexual battery case against him centered on an alleged attack

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