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Category: Business

Duty Free Americas family sells waterfront Bal Harbour home for M
Business

Duty Free Americas family sells waterfront Bal Harbour home for $18M

January 7, 2025January 7, 2025

The Falic family, owners of the Duty Free Americas empire, sold a waterfront home in Bal Harbour for $17.5 million. Redfin shows the family’s Central-Med

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Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Business

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales

January 7, 2025January 7, 2025

Miami-Dade County’s condo sales and dollar volume fell in the first week of the year. Brokers closed 92 condo sales totaling $59.5 million from Dec.

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Valoro Capital buys Miami Beach office building for M, a slight discount from its price a decade ago
Business

Valoro Capital buys Miami Beach office building for $23M, a slight discount from its price a decade ago

January 7, 2025January 7, 2025

Valoro Capital bought an office building in Miami Beach for $22.7 million, marking a slight discount off its purchase price a decade ago.  The deal

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After brief retail spending spree, Easton returns to its South Florida industrial roots
Business

After brief retail spending spree, Easton returns to its South Florida industrial roots

January 6, 2025January 6, 2025

Easton Group is back in the industrial game after a short retail spending spree in recent months, buying its partner’s interest in a Doral warehouse

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Fort Partners scores 8M construction loan for latest Surf Club condo addition in Surfside 
Business

Fort Partners scores $108M construction loan for latest Surf Club condo addition in Surfside 

January 6, 2025January 6, 2025

Fort Partners secured construction financing for Seaway North at The Surf Club, an oceanfront condo project next to the Four Seasons Hotel and Residences in

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Kapstones expands into South Florida, buys Radisson-branded hotel for M
Business

Kapstones expands into South Florida, buys Radisson-branded hotel for $22M

January 6, 2025January 6, 2025

Kapstones is planting its flag in Miami by acquiring a Radisson-branded hotel for $22 million. An affiliate of Sarasota-based Kapstones, led by CEO Marc Gagliardi,

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M spec mansion near Gables Estates tops signed contracts report 
Business

$15M spec mansion near Gables Estates tops signed contracts report 

January 6, 2025January 6, 2025

The pending sale of a non-waterfront spec mansion near the ritzy Gables Estates neighborhood in Coral Gables topped last week’s signed contracts report for Miami-Dade

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Terreno drops 6M for warehouses in Doral, marking one of last year’s top industrial deals
Business

Terreno drops $196M for warehouses in Doral, marking one of last year’s top industrial deals

January 6, 2025January 6, 2025

Terreno Realty bought three warehouses in Doral for $195.6 million, marking one of last year’s top industrial deals.  The Bellevue, Washington-based firm bought the buildings

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Resi roundup: Developers buy, sell South Florida luxury homes
Business

Resi roundup: Developers buy, sell South Florida luxury homes

January 6, 2025January 6, 2025

In the latest roundup of South Florida luxury residential sales, developers bought and sold homes across the region. Deals spanned Lighthouse Point to Palm Beach

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The Weekly Dirt: South Florida real estate’s highs and lows of 2024
Business

The Weekly Dirt: South Florida real estate’s highs and lows of 2024

January 5, 2025January 5, 2025

2024 was a long year. “We have so much news, it’s crazy” is a phrase that my editor and I have found ourselves repeating to

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