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Category: Business

Miami-Dade County condo sales dollar volume drops in July to 4M 
Business

Miami-Dade County condo sales dollar volume drops in July to $624M 

August 7, 2024August 7, 2024

Miami-Dade County’s sales, dollar volume and price per square foot tumbled in July. July condo sales totaled $624 million, falling from $699 million in June.

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BDT & MSD nets M with B refi of Boca Raton Resort & Club
Business

BDT & MSD nets $64M with $1B refi of Boca Raton Resort & Club

August 6, 2024August 6, 2024

BDT & MSD Partners is making big equity gains thanks to a $1 billion refinancing of Boca Raton Resort & Club.  Citi Real Estate Funding

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CMC, Morabito finish Bay Harbor Islands condo project
Business

CMC, Morabito finish Bay Harbor Islands condo project

August 6, 2024August 6, 2024

CMC Group and Morabito Properties completed Onda Residences, their waterfront luxury Bay Harbor Islands condo project.  The joint venture has sold all but three units

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Centaur scores 0M loan for Panther National project in Avenir
Business

Centaur scores $160M loan for Panther National project in Avenir

August 6, 2024August 6, 2024

Centaur Holdings landed a $160 million loan for Panther National, a planned luxury single-family home community near Palm Beach Gardens.  West Palm Beach-based Southern Realty

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Residences by Armani/Casa closing tops Miami-Dade weekly condo sales 
Business

Residences by Armani/Casa closing tops Miami-Dade weekly condo sales 

August 6, 2024August 6, 2024

Miami-Dade County’s condo sales and dollar volume rose last week, with a unit at Residences by Armani/Casa leading the way. Brokers closed 156 condo sales

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South Florida’s multifamily construction pipeline reaches record, as developers seize on south Miami-Dade
Business

South Florida’s multifamily construction pipeline reaches record, as developers seize on south Miami-Dade

August 5, 2024August 5, 2024

Across South Florida, developers are building a record number of multifamily units. The booming pipeline comes as the tri-county region’s leasing frenzy has slowed and

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Las Vegas Cuban Cuisine owner sells North Miami spec mansion for record M
Business

Las Vegas Cuban Cuisine owner sells North Miami spec mansion for record $21M

August 5, 2024August 5, 2024

A waterfront spec mansion in North Miami sold for $20.7 million, setting a record in the coastal city.  Vilma Vilarino Knips, owner of the popular

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Nuveen, Pimco list Waterford offices for sale, as Miami-Dade properties keep hitting the market
Business

Nuveen, Pimco list Waterford offices for sale, as Miami-Dade properties keep hitting the market

August 5, 2024August 5, 2024

Nuveen Real Estate and Pimco put an office building at the Waterford Business District in Miami-Dade County on the market, The Real Deal has learned. 

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Newell Brands CEO finds buyer for One Thousand Museum condo
Business

Newell Brands CEO finds buyer for One Thousand Museum condo

August 5, 2024August 5, 2024

A waterfront home in Coral Gables and a condo at the Zaha Hadid-designed One Thousand Museum tower topped last week’s signed contracts report.  Buyers signed

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Lease roundup: Venture X co-working on tap in Boca Raton, Brazilian bank opening at 830 Brickell 
Business

Lease roundup: Venture X co-working on tap in Boca Raton, Brazilian bank opening at 830 Brickell 

August 5, 2024August 5, 2024

Venture X | Boca Raton  Co-working space provider Venture X will open in Boca Raton.  Venture X leased 29,000 square feet on the top floor

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