Hollywood (Reinaldo Borges of Borges Architects & Associates, iStock) An Italian developer closed on the site of a planned Hollywood apartment project, adding to a
Category: Business
Miami Rents Rise To Nation’s Third Most Expensive
Zumper’s Jeff Andrews (Zumper, iStock) As U.S. rents hit another new high in April, Miami edged out Boston as the third-most-expensive city to lease an
Delphine Dray Sells Miami Beach Lot to Ilya Karpov for $21M
Ilya Karpov and 2740 North Bay Road in Miami Beach (Pacheco Martinez & Associates) Russian businessman Ilya Karpov bought a waterfront Miami Beach lot for
Richard Gebbia Buys Miami Beach Spec House for $6M
From left to right: John Gebbia Sr, David Gebbia, Richard Gebbia and John Gebbia Jr with 112 West Palm Midway (Getty, The Waterfront Team at
Home Prices Continued to Accelerate in February
(iStock) Rising mortgage rates haven’t put a damper on home prices — yet. The S&P CoreLogic Case-Shiller Index posted a 19.8 percent annual gain in
Comprehensive Care Buys Boca Raton Assisted Living Facility
2950 Northwest Fifth Avenue in Boca Raton (BanyanPlace.org) A Montreal-based firm specializing in health care real estate bought a pair of assisted living properties in
Rental Asset Management Pays $30M for Little Havana Units
35 Southwest Sixth Avenue (Google Maps, iStock) Rental Asset Management paid $30.1 million for the First & Sixth apartment building in Miami’s Little Havana neighborhood.
Retail Strong, Possibly Faces With Headwinds
CREC Capital’s co-founders Alan Esquenazi and Warren Weiser with 2400 Northeast 10th Court (CREC Capital, Google Maps) South Florida’s retail market rebounded from the pandemic-induced
Valero Capital Partners Buys Miami Office Building For $18M
Valero Capital Partners’ Jim Pelusi with 5040 Northwest 7th Street (Valero Capital, Loopnet) Valero Capital Partners picked up a Miami office building for $18M, amid
Four Seasons Brickell Closing Leads Miami-Dade Weekly Sales
Four Seasons Residences at 1425 Brickell Avenue Miami (Condo.com) Condo sales, dollar volume and average sale price all fell last week in Miami-Dade County. Dollar