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“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote
Business

“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote

March 7, 2025March 7, 2025

Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development Group are heading to the Miami Beach City Commission next month with an unfavorable recommendation

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Developer Vlad Doronin sells waterfront Star Island estate for record 0M 
Business

Developer Vlad Doronin sells waterfront Star Island estate for record $120M 

March 7, 2025March 7, 2025

Billionaire developer Vlad Doronin sold his waterfront Star Island estate for $120 million, setting a new record for home sales in Miami-Dade County.  Doronin’s Garden

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Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units 
Business

Swerdlow proposes replacing Miami public housing complexes with 5,000-plus apartments with affordable, workforce units 

March 7, 2025March 7, 2025

Developer Michael Swerdlow wants to develop 5,730 multifamily units with some affordable and workforce apartments, replacing five public housing complexes across Miami.  Coconut Grove-based Swerdlow

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Resi roundup: Fitness, fashion moguls buy South Florida homes
Business

Resi roundup: Fitness, fashion moguls buy South Florida homes

March 7, 2025March 7, 2025

In the latest roundup of South Florida luxury residential deals, buyers from the fitness, fashion and film industries bought homes. Deals spanned Coral Gables to

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No bid, no problem? Miami-Dade eyeing deal with Michael Swerdlow for workforce housing project
Business

No bid, no problem? Miami-Dade eyeing deal with Michael Swerdlow for workforce housing project

March 6, 2025March 6, 2025

Miami-Dade officials could forgo competitive bidding to have developer Michael Swerdlow build a workforce housing project near a site he’s buying from the county for

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Canadian waste management mogul sells partially built Bal Harbour mansion for record M
Business

Canadian waste management mogul sells partially built Bal Harbour mansion for record $70M

March 6, 2025March 6, 2025

One of Canada’s wealthiest businessmen sold a waterfront house in Bal Harbour for $69.5 million, The Real Deal has learned.  The deal marks a record

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Online gaming mogul pays record M for Hibiscus Island mansion
Business

Online gaming mogul pays record $45M for Hibiscus Island mansion

March 5, 2025March 5, 2025

A gaming entrepreneur paid $45 million for a waterfront mansion in Miami Beach, setting a record for Palm Island, The Real Deal has learned.  MI

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Pino’s Century Homebuilders sells three sites to Lennar for M
Business

Pino’s Century Homebuilders sells three sites to Lennar for $25M

March 4, 2025March 4, 2025

Lennar Homes paid nearly $25 million for a portfolio of three Century Homebuilders Group residential development sites in south Miami-Dade County.  A land bank tied

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Fraud accusations fly in Miami waterfront dev site foreclosure suit
Business

Fraud accusations fly in Miami waterfront dev site foreclosure suit

March 4, 2025March 4, 2025

A lender is accusing Gomez Development Group and Avenue 4 Partners’ joint venture of engaging in fraud to obtain a $10 million loan.  An affiliate

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Compass lands nine-agent Boschetti Realty Group in Coconut Grove
Business

Compass lands nine-agent Boschetti Realty Group in Coconut Grove

March 4, 2025March 4, 2025

Boschetti Realty Group is joining Compass, marking the brokerage’s latest addition in South Florida. Boschetti, led by Maurice and Silvia Boschetti, will be based out

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