Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the
Category: Business
MG Developer, Prosper pay $31M for North Bay Village condo dev site
MG Developer teamed up with Prosper Group to acquire a waterfront condo development site in North Bay Village for $30.9 million, The Real Deal has
Bluenest buys Homestead site for 219 townhouses, as south Miami-Dade resi development keeps surging
Bluenest Development bought a Homestead site with plans for 219 townhouses, as residential construction in south Miami-Dade County continues to surge. The Miami-based firm scooped
East Capital’s Miami-Dade industrial buying binge continues with $48M purchase near Aventura
East Capital Partners is amassing industrial properties in Miami-Dade County, buying its third warehouse complex this year. An affiliate of Darien, Connecticut-based East Capital, led
Oil heiress sells Manalapan mansion for $16M, as tony enclave heats up
Oil heiress Jean Christine Thompson sold an oceanfront estate in Manalapan for $15.6 million, as luxury activity picks up in the tony enclave. Thompson’s Dos
Murano at Portofino closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales dollar volume dropped last week, as a closing at Murano at Portofino in Miami Beach led the way. Brokers closed 120
Damage from hurricanes Helene, Milton could top $200B
As Florida’s Tampa Bay region braces for Hurricane Milton to make landfall on Wednesday, many in the storm’s path are still reeling from Hurricane Helene’s
Elliott completes Brickell office tower purchase for $443M, solidifying the hedge fund’s position as major South Florida player
Paul Singer’s Elliott Investment Management completed its purchase of a Brickell office tower for $443 million. The deal, billed as the second largest office deal
Hotusa checks into Miami Beach, pays $20M for Art Deco hotel
Grupo Hotusa is booking into Miami Beach, acquiring an Art Deco hotel for $19.7 million. An affiliate of Barcelona-based Hotusa, led by President Amancio Lòpez
Site Centers offloads another South Florida retail property, selling Boynton Beach shopping center for $31M
Less than a month after selling a Midtown Miami building anchored by Target, Site Centers offloaded a Boynton Beach shopping center. An affiliate of Beachwood,