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Category: Business

IMC’s Yoram Izhak sells waterfront Bal Harbour home to Arison family member
Business

IMC’s Yoram Izhak sells waterfront Bal Harbour home to Arison family member

August 1, 2024August 1, 2024

Developer and investor Yoram Izhak sold his waterfront mansion in Bal Harbour to a member of the billionaire Arison family for $23 million.  Izhak, CEO

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Scott Robins and Philip Levine team up with Tricera to buy Aby Rosen’s Lincoln Road building at a discount
Business

Scott Robins and Philip Levine team up with Tricera to buy Aby Rosen’s Lincoln Road building at a discount

August 1, 2024August 1, 2024

Tricera Capital joined forces with Miami Beach-based real estate investors Scott Robins and Philip Levine to buy Aby Rosen’s Lincoln Road retail building at a

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Developer scores M construction loan for apartments near North Miami, marking one of the first Live Local Act financings
Business

Developer scores $17M construction loan for apartments near North Miami, marking one of the first Live Local Act financings

August 1, 2024August 1, 2024

Daniel Abreu scored a $16.5 million construction loan for an 80-unit apartment building near North Miami, marking one of the first Live Local Act project

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Barnes & Noble founder in contract to sell oceanfront Palm Beach estate listed for M
Business

Barnes & Noble founder in contract to sell oceanfront Palm Beach estate listed for $96M

August 1, 2024August 1, 2024

Leonard Riggio, the founder and former executive chairman of Barnes & Noble, has found a buyer for his oceanfront Palm Beach estate.  Amid the height

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Zach Vella expands Miami portfolio with Wynwood retail purchase
Business

Zach Vella expands Miami portfolio with Wynwood retail purchase

August 1, 2024August 1, 2024

Zach Vella is boosting his reach in Miami after acquiring a four-building portfolio in Wynwood. An affiliate of Vella’s eponymous Los Angeles-based real estate investment

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Alger family sells nearly 800 acres outside Miami-Dade’s UDB for M
Business

Alger family sells nearly 800 acres outside Miami-Dade’s UDB for $56M

August 1, 2024August 1, 2024

The Alger family, who have been farmers in Miami-Dade County for generations, sold a nearly 800-acre land tract outside the Urban Development Boundary for $56

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Related, BH under contract to buy waterfront West Palm Beach dev site
Business

Related, BH under contract to buy waterfront West Palm Beach dev site

July 31, 2024July 31, 2024

The Pérez family’s Related Group and the Toledanos’ BH Group are teaming up again to acquire a waterfront development site in West Palm Beach, The

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SJC, Nuveen land M construction loan for Whole Foods-anchored project in Doral
Business

SJC, Nuveen land $69M construction loan for Whole Foods-anchored project in Doral

July 31, 2024July 31, 2024

SJC Ventures and Nuveen Real Estate are moving quickly to start building a Whole Foods-anchored project in Doral, recently securing a $69.4 million construction loan.

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Tom Brady’s firm leases at Terra’s The Well in Bay Harbor Islands
Business

Tom Brady’s firm leases at Terra’s The Well in Bay Harbor Islands

July 31, 2024July 31, 2024

Former quarterback-turned-businessman Tom Brady will move his family office’s headquarters to The Well health-focused development in Bay Harbor Islands.  TEB Capital Management leased 8,400 square

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ShopOne drops M on Publix-anchored Tamarac shopping center, amid retail deal uptick
Business

ShopOne drops $36M on Publix-anchored Tamarac shopping center, amid retail deal uptick

July 31, 2024July 31, 2024

ShopOne Centers REIT is laying down $36.4 million for a Publix-anchored shopping center in Tamarac, as retail deals continue to flow across South Florida.  New

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