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CSL Partners, Presidium buy 260-unit Hialeah apartment complex for M, plan Live Local Act conversion 
Business

CSL Partners, Presidium buy 260-unit Hialeah apartment complex for $95M, plan Live Local Act conversion 

February 3, 2025February 3, 2025

CSL Partners and Presidium scooped up the 260-unit Pura Vida Hialeah apartment complex for $95 million, with plans for a Live Local Act conversion, The

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Univista Insurance mogul Ivan Herrera launches commercial development family office
Business

Univista Insurance mogul Ivan Herrera launches commercial development family office

January 10, 2025January 10, 2025

Insurance king Ivan Herrera is jumping into commercial real estate development after partially selling his Univista empire for $700 million, The Real Deal has learned. 

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Baron buys out MG Developer’s interest in two South Florida projects
Business

Baron buys out MG Developer’s interest in two South Florida projects

December 31, 2024December 31, 2024

Baron Property Group has taken full control of two apartment projects in Hialeah and near Coral Gables after buying out its partner, MG Developer.  “We

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Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid M debt
Business

Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid $11M debt

December 13, 2024December 13, 2024

Masoud and Stephanie Shojaee are facing off against an aggressive lender seeking repayment of a $10.5 million loan. On Tuesday, an affiliate of Delaware entity

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Brickell Flatiron closing tops Miami-Dade weekly condo sales 
Business

Brickell Flatiron closing tops Miami-Dade weekly condo sales 

December 10, 2024December 10, 2024

Miami-Dade County’s condo sales volume rose in the first week of December. The average price per square foot also jumped, rebounding from a dip late

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Lease roundup: Consultancy moving HQ from Las Vegas to Miami, Northbridge Centre now 95% leased
Business

Lease roundup: Consultancy moving HQ from Las Vegas to Miami, Northbridge Centre now 95% leased

November 18, 2024November 18, 2024

Boge Group | Miami River District  A consulting firm specializing in helping clients obtain low-interest financing will move its headquarters to River Landing Shops &

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Alliance HP acquires first Miami-Dade industrial site for M
Business

Alliance HP acquires first Miami-Dade industrial site for $24M

September 27, 2024September 27, 2024

Alliance HP made its first foray into Miami-Dade’s industrial submarket with a $24 million warehouse acquisition near Hialeah. An affiliate of Bryn Mawr, Pennsylvania-based Alliance

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Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for M
Business

Gus Machado’s family sells late car dealer’s longtime Hialeah dealership for $19M

September 9, 2024September 9, 2024

Gus Machado Ford in Hialeah is no longer owned by the late car dealer’s family, which sold the auto retailer site for $19.3 million. A

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South Florida submarkets see rent declines, amid hefty new apartment supply
Business

South Florida submarkets see rent declines, amid hefty new apartment supply

August 12, 2024August 12, 2024

Across South Florida, some municipalities are experiencing a drop in apartment rents, marking a sharp turnaround from the tri-county region’s record rate hikes of recent

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Woodhill Pays M For Hialeah Industrial Assemblage
Business

Woodhill Pays $26M For Hialeah Industrial Assemblage

March 28, 2024March 29, 2024

Woodhill Actual Estate paid $26 million for a Hialeah industrial assemblage at the middle of a not-so-neighborly dispute in between the vendor and a subsequent-doorway

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