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Category: Business

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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David Martin’s Terra completes Mr. C Residences in Coconut Grove
Business

David Martin’s Terra completes Mr. C Residences in Coconut Grove

July 31, 2024July 31, 2024

David Martin’s Terra delivered Mr. C Residences in Coconut Grove, with an expected sellout of more than $500 million.  The developer partnered with Maggio Cipriani’s

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Last call for Duffy’s Tavern in Coral Gables?
Business

Last call for Duffy’s Tavern in Coral Gables?

July 31, 2024July 31, 2024

Duffy’s Tavern in Coral Gables could be ending its 70-year run after the iconic bar’s owners recently sold the property.  Wayne Russell and James Fabbricatore

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