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
Category: Business
Pompano Beach closing tops Broward weekly condo sales
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
Office market continues heating up as deals hit $40B
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
Fortune, Blue Road land $73M construction loan for EB-5-backed North Miami Beach condos
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
Michael Swerdlow on track with Miami-Dade to build $295M mixed-use project
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
Central Asia’s largest developer investing in Brickell condo projects, plans to expand in downtown Miami
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
T2 Hospitality pays $37M for 163-key oceanfront hotel in Lauderdale-By-The-Sea
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
Investor buys shopping plaza, self-storage in Pembroke Pines for $16M
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
Summer slowdown: Palm Beach County weekly condo sales drop to $26M
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
Labeled a “monster”: Ohad Fisherman speaks out after being cleared of sexual battery
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