(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
Category: Business
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
Lissette Calderon Launches Magazine Focused on Allapattah
(L-R) The AllaWay magazine cover and photos of AllaWay Creative Director Maria Galli, Editorial Director Jenny Starr Perez and Publisher Lissette Calderon (Neology Life Development
Condo Insurers Exit Florida, Hike Rates After Collapse
5050 Northwest Seventh Street in Miami (Google Maps, iStock) Insurers have become increasingly averse to issuing policies for aging condominiums in Florida following the state
Non-Waterfront Miami Beach Home Sells For Record $12.5M
Robert Coward and 2535 Shelter Avenue (Jose Lopez of Immersive Media Solutions, USAP) A non-waterfront home in Miami Beach traded for $12.5 million, setting a
Blackstone Looking at REIT Takeovers
Blackstone’s Jonathan Gray (Blackstone, iStock) Blackstone sees riches in the volatility of REIT valuations. The investment giant is pursuing private takeovers as the public-market valuations