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Nigerian national extradited to face decade-old federal charges in multimillion-dollar South Florida mortgage fraud scheme
Business

Nigerian national extradited to face decade-old federal charges in multimillion-dollar South Florida mortgage fraud scheme

March 11, 2025March 11, 2025

A man who authorities say played a key role in a multimillion-dollar mortgage fraud scheme in Florida was arraigned on Tuesday morning after he was

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Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 
Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

February 6, 2025February 6, 2025

Developer Celal Ozkan filed for bankruptcy on his North Miami Beach development site for a 341-unit apartment tower, marking the latest in his nearly yearlong

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“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 
Business

“Supply overhang”: After record South Florida apartment completions, lease-ups slow, concessions ramp up 

January 24, 2025January 24, 2025

At the 293-unit Elevate in Dania Beach, about 100 apartments remain vacant six months after the project was completed.  To entice renters, the property manager

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Oceana Bal Harbour closing tops Miami-Dade weekly condo sales 
Business

Oceana Bal Harbour closing tops Miami-Dade weekly condo sales 

December 3, 2024December 3, 2024

Miami-Dade County’s condo sales and dollar volume fell over Thanksgiving week. For the second week in a row, an Oceana Bal Harbour closing snagged the

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Estate scores 0M refi for North Miami Beach apartment tower, as financing continues to flow 
Business

Estate scores $110M refi for North Miami Beach apartment tower, as financing continues to flow 

November 13, 2024November 13, 2024

Estate Companies landed a $110 million refinancing for its completed North Miami Beach apartment tower.  Los Angeles-based Ares Management provided the refinancing for the 23-story

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Biscayne Beach closing tops Miami-Dade weekly condo sales 
Business

Biscayne Beach closing tops Miami-Dade weekly condo sales 

October 22, 2024October 22, 2024

Condo sales in Miami-Dade County rose last week, while the price per foot and total dollar volume fell. Brokers closed 111 condo sales totaling $78.4

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The Weekly Dirt: Florida’s proposal to develop in state parks a no-go
Business

The Weekly Dirt: Florida’s proposal to develop in state parks a no-go

August 25, 2024August 25, 2024

Gov. Ron DeSantis’ administration is pitching a last-minute plan to redevelop portions of nine state parks.  In South Florida, these include Oleta River State Park

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Grove at Grand Bay closing tops Miami-Dade weekly condo sales 
Business

Grove at Grand Bay closing tops Miami-Dade weekly condo sales 

August 20, 2024August 20, 2024

Miami-Dade County’s sales volume rose last week, while dollar volume and price per square foot fell. Brokers closed 110 condo sales totaling $76.4 million from

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Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project
Business

Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project

August 7, 2024August 7, 2024

Four years after scoring a key approval for the redevelopment of North Miami Beach’s Intracoastal Mall, Dezer Development is taking the next step. Sunny Isles

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Jade Winds Rental Elaborate in Miami-Dade Deemed Unsafe
Business

Jade Winds Rental Elaborate in Miami-Dade Deemed Unsafe

March 20, 2024March 21, 2024

Miami-Dade County declared various buildings at a apartment advanced in Northeast Miami-Dade unsafe, just after they failed their 50-12 months recertification.  Residents at properties in

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