For Martin Melo, a principal with Melo Group, a Miami-based development and general contracting firm, the past year signaled a winding down of the city’s
Category: Business
Tracking recession red flags in Miami
Live by the beach long enough, and you start to ignore the red and yellow flags that come and go with the tides. Those playing
“Dominant”: Inside Lennar’s housing empire in south Miami-Dade
When one of south Miami-Dade County’s sprawling suburbs ends, the landscape changes. Streets of master-planned communities level off into a vast expanse of open land
Ranking the top resi players in Miami
It’s hard to say when exactly fortunes turned, but real estate players agree: Much of Miami-Dade County is in a buyer’s market. “It’s definitely a
Fannie Mae, Freddie Mac block sale of troubled Pembroke Pines condo complex
Fannie Mae and Freddie Mac blocked the sale of a beleaguered condo complex in Pembroke Pines. The companies’ temporary injunction essentially halts the planned sale
Dan Kodsi misses deadline in Legacy Miami Worldcenter foreclosure lawsuit
Developer Dan Kodsi missed a deadline to post a surety bond as part of an agreement reached with his lender, Monarch Alternative Capital, in the
Ares bulks up South Florida industrial holdings with $56M Broward buy
Ares Management added a Broward warehouse to its South Florida industrial portfolio. An affiliate of Los Angeles-based Ares, led by Michael Arougheti, paid $56 million
CC Homes pays $50M for 151 homesites in Davie
CC Homes paid $50 million for a development site in Davie planned for 151 single-family homes. CC Homes, led by Armando Codina and Jim Carr,
MAGAfied: Ron DeSantis and cabinet members approve Miami site for Trump library
Florida’s top state officials, including Gov. Ron DeSantis, approved conveying a parking lot next to Miami’s Freedom Tower for a Donald Trump presidential library. As
Government shutdown presents outsized risk to Florida real estate
The clock is ticking on the federal flood insurance program, and Florida real estate could take the biggest hit if Congress fails to act. The