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Category: Business

Miami-Dade departments getting new offices after 2M acquisition
Business

Miami-Dade departments getting new offices after $182M acquisition

September 12, 2024September 12, 2024

Miami-Dade County paid $182 million for a 1970s office complex that will house various departments. An affiliate of New York-based Bushburg Properties sold The Current

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Ansin family’s Sunbeam proposes nearly 3,000-unit resi project in Miramar, amid record apartment pipeline
Business

Ansin family’s Sunbeam proposes nearly 3,000-unit resi project in Miramar, amid record apartment pipeline

September 12, 2024September 12, 2024

The billionaire Ansin family proposes a massive mixed-use project with more than 2,800 residential units in Miramar, amid a record multifamily construction pipeline in South

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Infinity Collective evicts LuxUrban Hotels from South Beach building
Business

Infinity Collective evicts LuxUrban Hotels from South Beach building

September 12, 2024September 12, 2024

Infinity Collective is the latest Miami Beach landlord to give troubled hospitality firm LuxUrban Hotels the boot.  Last month, New York-based Infinity, led by Steve

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Palm Beach home sells for M, M markup in four years 
Business

Palm Beach home sells for $17M, $7M markup in four years 

September 12, 2024September 12, 2024

A non-waterfront Palm Beach home traded between two trusts for $17.1 million, marking a $6.8 million uptick in price from its last sale in 2020. 

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Mexican firm sells condo dev site in Brickell to partner
Business

Mexican firm sells condo dev site in Brickell to partner

September 12, 2024September 12, 2024

A Mexican firm that invested in Brickell development sites over the past two years sold one of the properties. Yet, it still plans to partner

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Mixed messages: South Florida agents adjust to NAR changes
Business

Mixed messages: South Florida agents adjust to NAR changes

September 12, 2024September 12, 2024

South Florida broker David Kurz got a call recently from a prospective buyer who asked to see an Aventura home that same day.  To do

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Shops at Sunset Place redevelopment scores South Miami approval
Business

Shops at Sunset Place redevelopment scores South Miami approval

September 11, 2024September 11, 2024

Alex Vadia’s Midtown Development is moving forward with plans to redevelop the Shops at Sunset Place in South Miami into a mixed-use project with about

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Graham family plans 220-unit multifamily complex in Miami Lakes, amid record South Florida rentals pipeline
Business

Graham family plans 220-unit multifamily complex in Miami Lakes, amid record South Florida rentals pipeline

September 11, 2024September 11, 2024

Graham Companies, the family owned developer of Miami Lakes and its biggest property owner, proposes a 220-unit multifamily complex in the town.  Led by CEO

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Schmier adds mixed-use complex to Boca Raton portfolio
Business

Schmier adds mixed-use complex to Boca Raton portfolio

September 11, 2024September 11, 2024

Schmier Property Group pumped up its Boca Raton portfolio by acquiring a mixed-use complex for $32 million. An affiliate of Boca Raton-based Schmier, led by

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Brazilian mogul who sold his waterfront Indian Creek property to Jeff Bezos sues Douglas Elliman
Business

Brazilian mogul who sold his waterfront Indian Creek property to Jeff Bezos sues Douglas Elliman

September 11, 2024September 11, 2024

Brazilian mogul Leo Kryss sold his waterfront estate on Indian Creek Island to billionaire Jeff Bezos for $79 million last year. He had enlisted Douglas

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