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Jeffrey Soffer scores 0M refi for JW Marriott Miami Turnberry Resort & Spa
Business

Jeffrey Soffer scores $550M refi for JW Marriott Miami Turnberry Resort & Spa

December 9, 2024December 9, 2024

Billionaire Jeffrey Soffer is on a refinancing roll, landing a new $550 million loan for his Aventura resort from the same lenders that provided a

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Jeffrey Soffer’s firm seeks .2B refi for Fontainebleau Miami Beach resort
Business

Jeffrey Soffer’s firm seeks $1.2B refi for Fontainebleau Miami Beach resort

December 6, 2024December 6, 2024

Jeffrey Soffer’s real estate firm is seeking to raise $1.2 billion in the bond market to refinance the Fontainebleau Miami Beach resort.  The plan is

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Argentinian sports stars, including NBA legend Manu Ginobli, seek county deal for 7M Homestead project
Business

Argentinian sports stars, including NBA legend Manu Ginobli, seek county deal for $337M Homestead project

November 25, 2024November 25, 2024

A consortium of retired Argentinian sports stars, including NBA Hall of Famer and ex-soccer player Juan Sebastián Verón, wants to build a $337 million mixed-use

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The Weekly Dirt: Mayweather brings spending spree to Miami Beach
Business

The Weekly Dirt: Mayweather brings spending spree to Miami Beach

November 24, 2024November 24, 2024

Floyd Mayweather Jr. once said, “Money doesn’t make me. I make money.”  The retired boxer, nicknamed “Money,” is using that cash to invest in commercial

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Meruelo family, David Martin propose big plans for Deauville Miami Beach site 
Business

Meruelo family, David Martin propose big plans for Deauville Miami Beach site 

November 21, 2024November 21, 2024

The Meruelo family and David Martin are proposing land use changes that would allow them to build a larger project on the former site of

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So nice, they tried it twice: Standard International plans second branded condo tower in Miami
Business

So nice, they tried it twice: Standard International plans second branded condo tower in Miami

November 21, 2024November 21, 2024

Standard International plans to brand a second condo tower in Miami, this time with developers Harvey Hernandez and Two Roads Development, The Real Deal has

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Witkoff, Ari Pearl land 3M construction loan for Shell Bay in Hallandale Beach
Business

Witkoff, Ari Pearl land $273M construction loan for Shell Bay in Hallandale Beach

November 20, 2024November 20, 2024

Witkoff Group and Ari Pearl’s PPG Development scored a $273 million construction loan for Shell Bay, a mixed-use luxury condo and hotel project in Hallandale

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Abacus Capital pays M for 620-unit dev site in Palm Beach Gardens, amid record multifamily pipeline 
Business

Abacus Capital pays $33M for 620-unit dev site in Palm Beach Gardens, amid record multifamily pipeline 

November 13, 2024November 13, 2024

Abacus Capital Group paid $32.5 million for a multifamily development site within Catalfumo Companies’ mixed-use PGA Station project in Palm Beach Gardens.  New York-based Abacus

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Voters approve Watson Island referendums to sell city land for condo projects
Business

Voters approve Watson Island referendums to sell city land for condo projects

November 6, 2024November 6, 2024

Miami voters approved two ballot measures tied to selling city-owned land to different development groups so they can build more condos on Miami’s Watson Island. 

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Big plans, little construction: Mapping South Florida's long-delayed megaprojects
Business

Big plans, little construction: Mapping South Florida's long-delayed megaprojects

November 5, 2024November 5, 2024

Nearly a decade ago, the Ghermezian family unveiled plans for an ambitious project: American Dream Miami.  The Ghermezians’ Triple Five Group, owners of American Dream

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