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Category: Business

Institute of Contemporary Art, Miami expanding show space, pays M for building on same block
Business

Institute of Contemporary Art, Miami expanding show space, pays $25M for building on same block

October 22, 2024October 22, 2024

The Institute of Contemporary Art, Miami is nearly doubling its show space, paying $25 million for the former home of the de la Cruz Collection.

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Patrick Carroll jailed in Wyoming, wanted in Tampa
Business

Patrick Carroll jailed in Wyoming, wanted in Tampa

October 22, 2024October 22, 2024

Multifamily syndicator Patrick Carroll is a wanted man in his native Tampa. The Hillsborough County Sheriff’s Office recently issued a warrant for his arrest stemming

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Gulfstream Park owner Belinda Stronach buys Surfside condo for M
Business

Gulfstream Park owner Belinda Stronach buys Surfside condo for $15M

October 22, 2024October 22, 2024

Stronach Group CEO Belinda Stronach, owner of Hallandale Beach’s Gulfstream Park, bought a condo in the newly completed Seaway at the Surf Club for $14.6

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Developers bankroll former Miami Mayor Tomas Regalado’s bid for county property appraiser
Business

Developers bankroll former Miami Mayor Tomas Regalado’s bid for county property appraiser

October 22, 2024October 22, 2024

Former Miami Mayor Tomas Regalado’s bid to become the next Miami-Dade County Property Appraiser is largely bankrolled by prominent developers and commercial property owners, an

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Integra picks up 317-unit West Palm apartment complex for M
Business

Integra picks up 317-unit West Palm apartment complex for $56M

October 22, 2024October 22, 2024

Integra Investments picked up a 317-unit apartment complex in West Palm Beach for $55.5 million, in an otherwise sluggish multifamily investment market. The Miami-based firm

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Biscayne Beach closing tops Miami-Dade weekly condo sales 
Business

Biscayne Beach closing tops Miami-Dade weekly condo sales 

October 22, 2024October 22, 2024

Condo sales in Miami-Dade County rose last week, while the price per foot and total dollar volume fell. Brokers closed 111 condo sales totaling $78.4

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Yes, chef: Terra, Lion Development launch sales of Jean-Georges condo tower
Business

Yes, chef: Terra, Lion Development launch sales of Jean-Georges condo tower

October 21, 2024October 21, 2024

French chef Jean-Georges Vongerichten is looking to cash in on Miami’s branded condo boom.  The Michelin-starred chef is working with David Martin’s Terra and Michael

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Billionaire Jean Madar’s firm plans six Fisher Island spec mansions
Business

Billionaire Jean Madar’s firm plans six Fisher Island spec mansions

October 21, 2024October 21, 2024

French perfume mogul Jean Madar is planning six spec mansions on Fisher Island, with prices ranging from $31 million to $55 million. The homes will

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Richard Born lands M construction loan for Nora hotel
Business

Richard Born lands $75M construction loan for Nora hotel

October 21, 2024October 21, 2024

BD Hotels, led by New York boutique hotelier Richard Born, and its partners landed a $75 million construction loan for a hotel at downtown West

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Telecom CEO’s Brickell penthouse asking M tops signed resi contracts
Business

Telecom CEO’s Brickell penthouse asking $37M tops signed resi contracts

October 21, 2024October 21, 2024

A Brickell penthouse asking $36.9 million went under contract last week in a deal that will likely set a record for condo sales in the

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