For the first time in a long time, Miami’s next mayor won’t be a member of a familial political dynasty. On Tuesday, former Miami-Dade County
Category: Business
Raoul Thomas’ financially embattled CGI Merchant sells co-working portfolio for $31M
Raoul Thomas’ financially floundering CGI Merchant Group sold its Nexus co-working portfolio for $31 million. Over the past two years, Miami-based CGI Merchant has faced
Washington Prime sells Coral Springs shopping center for $61M
Washington Prime Group sold a Coral Springs shopping center for $60.5 million to a joint venture led by Carlyle Management Group. Two affiliates of Boca
13th Floor, Key International launch Nobu-branded Brickell condo project
13th Floor and Key International are launching a Nobu-branded condo tower in Miami’s Brickell, the brand’s first residential project in the city. The announcement follows
Continuum completes $49M bulk condo buyout in North Miami
The Eichner family’s Continuum Company completed its bulk purchase of a waterfront condo building in North Miami where the firm plans a luxury condo tower.
Turkish developer loses North Miami Beach apartment tower dev site to lender
Four years after scoring approval for a 354-unit luxury apartment tower in North Miami Beach, developer Celal Ozkan lost the site to the lender in
Boca Raton spec mansion asking $13.2M tops signed contracts in Palm Beach County
A Boca Raton spec mansion topped signed luxury contracts in Palm Beach County last week. Buyers signed 14 contracts between Oct. 20 and Oct. 26
South Florida’s foreign buyer mix shifts, as Canadian demand falls
Canadian buyers are retreating from high-end South Florida markets, driven by the Trump administration’s trade and immigration policies and a softer exchange rate, even as
Perkins Realty expands South Florida commercial portfolio with $27M buy
Perkins Realty Management boosted its South Florida commercial real estate portfolio by acquiring a Coral Springs medical office and retail plaza for $26.5 million. An
Namdar nabs $460M in construction, bridge loans for 1,400-unit downtown Miami apartment towers
Namdar Group scored $460 million in cross-collateralized bridge and construction loans for its nearly 1,400-unit, two-tower apartment project in downtown Miami. The deal comes amid