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Category: Business

Ytech CEO Buys Fisher Island Condo, Sells Brickell Penthouse
Business

Ytech CEO Buys Fisher Island Condo, Sells Brickell Penthouse

March 17, 2022March 17, 2022

The CEO of the Miami real estate firm Ytech upgraded to a condo on Fisher Island, The Real Deal has learned. Yamal Yidios flipped his

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Alex Karakhanian Sells Design District Building for M
Business

Alex Karakhanian Sells Design District Building for $8M

March 17, 2022March 17, 2022

Alex Karakhanian’s Lndmrk Development sold a fully leased Miami Design District retail showroom for $8.5 million. Investor Glenn Braswell Jr. bought the 4,500-square-foot building at

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Apartment REITs Seen as Haven Amid Market Turbulence
Business

Apartment REITs Seen as Haven Amid Market Turbulence

March 17, 2022March 17, 2022

From left: Piper Sandler’s Alexander Goldfarb; Mizuho Securities’ Haendel St. Juste (Mizuho Services, Piper Sandler) Haendel St. Juste; Alexander Goldfarb, managing director and equity researcher

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Miami Firm Pays M for Lauderhill Bulk Condo Deal
Business

Miami Firm Pays $17M for Lauderhill Bulk Condo Deal

March 17, 2022March 17, 2022

Circle One Condominium (CoStar) In a bulk purchase, REO Asset Specialists bought the majority of the condos at an aging complex in Lauderhill for $17.4

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MiamiCentral Apartments Sell for Over 0M in Record Deal
Business

MiamiCentral Apartments Sell for Over $400M in Record Deal

March 16, 2022March 16, 2022

Harbor City Groups Jordan Sloane and Richard Litton with ParkLine Miami (Harbor City Group, ParkLine) Harbor Group International bought the pair of ParkLine Miami apartment

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Miami-Dade Passes 60 Days Notice Rent Hike Law for Landlords
Business

Miami-Dade Passes 60 Days Notice Rent Hike Law for Landlords

March 16, 2022March 16, 2022

Commissioner Eileen Higgins (Eileen Higgins, iStock) Residential landlords in Miami-Dade County are now required to provide tenants with at least 60 days’ notice of rent

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Chicago Developer’s Widow Sold Fort Lauderdale Home for M
Business

Chicago Developer’s Widow Sold Fort Lauderdale Home for $9M

March 16, 2022March 16, 2022

The widow of a Chicago real estate developer sold a waterfront Fort Lauderdale home for $8.5 million to a local investor of commercial properties. Property

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Cultural Center Coming to Fort Lauderdale’s Flagler Village
Business

Cultural Center Coming to Fort Lauderdale’s Flagler Village

March 16, 2022March 16, 2022

Rendering of the planned park and cultural center in the Flagler Village area of Fort Lauderdale (City of Fort Lauderdale) City commissioners approved a restaurant

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North Miami Beach Board OK’s Carpe’s Apartment Project
Business

North Miami Beach Board OK’s Carpe’s Apartment Project

March 16, 2022March 16, 2022

Renderings of Venus with Erik Rutter and David Weitz (ImageFiction) Carpe Real Estate Partners secured approval from a North Miami Beach board for a 440-unit

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Robert Reffkin’s Net Worth Plummets
Business

Robert Reffkin’s Net Worth Plummets

March 16, 2022March 16, 2022

Robert Reffkin (Getty, iStock) Compass agents who invested in the brokerage ahead of its hotly anticipated IPO a year ago can lament the 70 percent

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