Nicola Siervo, Roman Jones pay premium rent for planned Italian restaurant on...
Hospitality veteran Nicola Siervo and House Kiki’s Roman Jones are taking 7,900 square feet on the Miami River for the pair’s restaurant joint venture Mercante Ristorante & Piano Bar. The Italian...
View ArticleH&M Development swoops in with condo plans after assisted living plan shelved...
H&M Development scored approval for a condo complex in Weston after the landowner’s previous plan for an assisted living facility on the site was shelved. Aventura-based H&M has the development...
View ArticleInside Russell Galbut’s play for Miami-Dade’s historic courthouse
Russell Galbut and Moishe Mana are vying for the site of Miami-Dade County’s historic courthouse after a months-long auction failed to attract a buyer. Galbut offered to pay the county’s $35 million...
View ArticleRelated Ross sale/leaseback deal puts $290M convention center hotel in hands...
Billionaire Steve Ross’ firm secured approval for a sale-leaseback with Palm Beach County to develop a second convention center hotel. The county is set to purchase the 1.8-acre Related Ross-owned...
View ArticleDeveloper sells oceanfront home in Golden Beach for $70M
A company managed by spec home developer Ricardo Halfen sold an oceanfront mansion in Golden Beach for $69.5 million in an all-cash deal. Meridian Coast LLC, a Delaware entity, purchased the newly...
View ArticleCity extends deadline on Charles Cohen’s delayed West Palm office project
Charles Cohen’s West Palm Beach office development won a deadline extension, after more than a year of construction delays, with the stipulation that the developer will pay rent until construction...
View ArticleVenetian Islands spec mansion asking $48M tops Miami-Dade luxury market
A spec mansion in Miami Beach built by a Brooklyn-based construction company landed a contract at an asking price of $47.5 million last week, topping a slower week for Miami-Dade County’s luxury...
View ArticleFormer Miami Dolphins star Tyreek Hill lists Southwest Ranches estate
Former Miami Dolphins star Tyreek Hill relisted his Southwest Ranches estate. Hill, widely known as “The Cheetah” for his record-setting speed, was quick to relist his 12,860-square-foot home at 16755...
View ArticlePinnacle taps Broward incentives for apartments with workforce housing units...
Pinnacle Communities advanced its development of a mid-rise rental complex in Sunrise where a quarter of the apartments would be workforce housing units with below-market rents. The Sunrise City...
View ArticleMG Developer faces foreclosure over alleged $31M default tied to Hialeah...
MG Developer was hit with a foreclosure lawsuit over the Metro Parc South multifamily development in Hialeah after allegedly defaulting on $31.1 million in construction loans. Slate Property Group and...
View ArticlePTM Partners Snags $125M construction loan for St. Petersburg resi high-rise
PTM Partners scored a $125 million construction loan for Edge Collective II, a multifamily high-rise in downtown St. Petersburg’s Edge District. An affiliate of GID provided the three-year...
View ArticleMap: Here’s where Wynwood investors and developers are spending big
Wynwood’s high-stakes evolution is pulling in billions of dollars in real estate activity. Developers and investors are pouring money into apartments, condos, offices, hotels, retail and mixed-use...
View ArticleHeron Bay HOA fight continues, underscoring stakes of rental rules
The fight over rental restrictions in Heron Bay isn’t over. After the new board at one of Broward County’s largest homeowners associations backed off the most contentious landlord rules following an...
View ArticleLatest billionaire request advances: Miami Beach commission to vote on Ken...
Billionaire hedge fund manager Ken Griffin’s proposal to build a private helipad at his megayacht marina is picking up speed. Griffin secured approval for his private marina at 120 MacArthur Causeway,...
View Article“We are #blessed”: South Florida’s top brokers talk Miami luxury living at...
South Florida’s wealthiest buyers have plenty of money. The problem is finding something to spend it on. The luxury residential market is being squeezed by a shortage of homes, with affluent buyers...
View Article$50M bankruptcy sale in Miami’s Blue Lagoon falls apart as Caroline Weiss...
Jorge Ramos’ $50 million winning bid for a distressed Blue Lagoon development site owned by developer Caroline Weiss has run off the rails, and efforts to quickly secure a new buyer came up short this...
View ArticleEastwind, TMT pitch multifamily addition to Delray Beach office complex
Eastwind Development is seeking approval to add an eight-story residential building to an office complex in Delray Beach. The project, called the Easton at Atlantic, would include 352 apartment units...
View ArticlePalm Beach home listed for $30M tops signed contracts
A Palm Beach waterfront home that hasn’t changed hands in more than 40 years is under contract with an asking price of $29.8 million. That’s one of the 16 contracts Palm Beach County buyers signed...
View ArticlePrestige buys back Dania Beach apartments for $27M
Prestige Companies bought back a Dania Beach apartment property it sold two years ago. The Miami Lakes-based firm, in partnership with MV Real Estate Holdings, reacquired Atlantica at 624 Northeast...
View ArticleMiami to sue Miami-Dade County over Allapattah CRA
The city of Miami is taking Miami-Dade County to court over the county’s continued challenge to the creation and operation of the Allapattah Community Redevelopment Agency The Miami city commission...
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