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Category: Business

Lease roundup: Latin Securities opens in downtown Miami, Spanish restaurant picks A&E District for first US outpost
Business

Lease roundup: Latin Securities opens in downtown Miami, Spanish restaurant picks A&E District for first US outpost

August 19, 2024August 19, 2024

Latin Securities | downtown Miami  Financial services firm Latin Securities opened an office in downtown Miami.  Buenos Aires, Argentina-based Latin Securities, which offers wealth management,

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Movers & Shakers: Andrew Sossen returns to Starwood as COO
Business

Movers & Shakers: Andrew Sossen returns to Starwood as COO

August 19, 2024August 19, 2024

It may be the dog days of summer, but South Florida real estate firms are still making moves.  Andrew Sossen is returning to Miami Beach-based

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The Weekly Dirt: How NAR’s policy shifts are playing out in South Florida
Business

The Weekly Dirt: How NAR’s policy shifts are playing out in South Florida

August 18, 2024August 18, 2024

New rules affecting how buyer’s agents will be compensated went into effect this weekend.  South Florida agents and brokers said the biggest challenge will be

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Pebb, Sabal scoop up The Press office-retail complex in West Palm
Business

Pebb, Sabal scoop up The Press office-retail complex in West Palm

August 16, 2024August 16, 2024

Pebb Capital and Sabal Investment Holdings bought The Press, an office and retail complex in West Palm Beach. Miami-based Tricera Capital sold the complex at

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Longpoint expands South Florida retail portfolio with M Pompano Beach purchase
Business

Longpoint expands South Florida retail portfolio with $33M Pompano Beach purchase

August 16, 2024August 16, 2024

Longpoint Realty Partners added another grocery store-anchored shopping center to its South Florida retail portfolio. An affiliate of Boston-based Longpoint paid $33.1 million for Palm

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Prologis pays M for Verizon subsidiary HQ near Doral, with plans for industrial redevelopment
Business

Prologis pays $55M for Verizon subsidiary HQ near Doral, with plans for industrial redevelopment

August 16, 2024August 16, 2024

Prologis bought a Verizon subsidiary’s headquarters near Doral for $54.5 million, with plans for an industrial redevelopment.  The San Francisco-based real estate investment trust scooped

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Resi roundup: Luxury homes trade despite slow season
Business

Resi roundup: Luxury homes trade despite slow season

August 16, 2024August 16, 2024

In the latest roundup of South Florida luxury sales, homes continued to sell despite the summer slowdown.  Sales spanned Sunny Isles Beach to Palm Beach,

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Clara Homes lands M construction loan for Bay Harbor Islands project, amid record South Florida multifamily pipeline
Business

Clara Homes lands $54M construction loan for Bay Harbor Islands project, amid record South Florida multifamily pipeline

August 16, 2024August 16, 2024

Clara Homes scored a $53.6 million construction loan for its Bay Harbor Islands multifamily project, advancing the development into its next stage.  The deal comes

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Witkoff, Blavatnik plan luxury hotel and private golf club at former Banyan Cay Resort in West Palm
Business

Witkoff, Blavatnik plan luxury hotel and private golf club at former Banyan Cay Resort in West Palm

August 16, 2024August 16, 2024

West Palm Beach is getting a new private golf club and a luxury hotel after years of stalled progress at the Banyan Cay Resort site. 

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Agent exodus expected in South Florida as NAR policy changes take effect
Business

Agent exodus expected in South Florida as NAR policy changes take effect

August 15, 2024August 15, 2024

South Florida agents and brokers have spent months preparing for policy shifts that will take effect this weekend, affecting how buyer’s agents are compensated.  But

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