Artefacto owner Paulo Bacchi sold a pair of waterfront properties on Miami Beach’s Palm Island to concrete mogul Randall Edgar for a combined $20 million.
Category: Business
Miami-Dade departments getting new offices after $182M acquisition
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
Ansin family’s Sunbeam proposes nearly 3,000-unit resi project in Miramar, amid record apartment pipeline
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
Infinity Collective evicts LuxUrban Hotels from South Beach building
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
Palm Beach home sells for $17M, $7M markup in four years
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.
Mexican firm sells condo dev site in Brickell to partner
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
Mixed messages: South Florida agents adjust to NAR changes
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
Shops at Sunset Place redevelopment scores South Miami approval
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
Graham family plans 220-unit multifamily complex in Miami Lakes, amid record South Florida rentals pipeline
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
Schmier adds mixed-use complex to Boca Raton portfolio
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