The Weekly Dirt will be on hiatus subsequent weekend and again Jan. 7. Right here are some of the highs and the lows of what
Category: Business
Lennar Pays $68M For Its Miami Headquarters Building
Lennar bought 5505 Waterford, an eight-story setting up in Miami’s Blue Lagoon enterprise district that serves as the countrywide homebuilder’s headquarters. A Lennar affiliate compensated
JV Lands $33M Mortgage For Coral Gables Mixed-Use Venture
Constellation Group and the Boschetti Group snagged a $33 million design loan for a mixed-use task in Coral Gables. Miami-dependent Banesco Usa and Spain-dependent Abanca
Sunbeam’s Andy Ansin Provides to Normandy Shores House Portfolio
Developer and television station operator Andy Ansin paid $7.7 million for a waterfront household in Miami Beach’s Normandy Shores, completing a 3-house assemblage. Ansin, president
South Florida Condos with Health care Facilities Land Consumers
As the adage goes, health is prosperity. And it is for sale at South Florida residential tasks. Condo developers are in a perpetual race to
South Florida’s Most significant Industrial Promotions of 2023
Institutional prospective buyers trying to find enormous warehouse portfolios dominated the leading five biggest industrial bargains in South Florida in 2023. Countrywide industrial players mostly
Builders Score $115M Refi for New Edgewater Rentals
A consortium of 3 developers scored a $115 million refinancing for their not too long ago done 279-unit apartment tower in Miami’s Edgewater neighborhood. Camino
Household Sales Tumble in Miami-Dade, Broward November 2023
Inspite of value progress throughout the tri-county place, household income tumbled in Miami-Dade and Broward counties in November. Condos reigned king in Palm Beach County,
U.S. Growth Faucets Elliman for Salato Pompano Seashore Profits
U.S. Development is bringing in Douglas Elliman Advancement Internet marketing to beef up the product sales workforce for its prepared Salato Residences condominium in Pompano
City Network JV Scores $25M Financial loan For Brickell Condo-Lodge
Urban Network Money Team and Vertical Developments secured a $24.5 million construction loan to establish a $45 million condo-lodge in Miami’s Brickell. Aventura-based mostly Rok