Massachusetts buyer bags Davie shopping center for $26M amid his South...
A Massachusetts-based real estate investment company bagged a Davie shopping center for $25.6 million in an off-market sale. Perkins Realty Management LLC, led by Andrew Perkins, bought the...
View Article“Catching its breath”: Orlando’s multifamily market shakes supply hangover...
Orlando’s multifamily market is recovering from an oversupply hangover. Construction has slowed, rent growth hit a bottom and demand is beginning to absorb the apartment glut. Investors and developers...
View Article13th Floor sells Delray Beach rentals for $29M as developers target city
Fort Lauderdale-based 13th Floor Homes sold a recently completed Delray Beach rental community to a Tampa-based buyer for $29.3 million. Robbins Property Associates picked up the 55-and-older community...
View ArticleWynwood’s next era: How Ken Griffin’s “multidimensional” Carnegie Mellon...
“Supercitizen” Ken Griffin, as Miami-Dade Mayor Daniella Levine Cava called him, is bringing Carnegie Mellon University to Miami as part of a landmark $3 billion gift. The campus will be transformative...
View ArticleBritish billionaire Chris Rokos sells Manalapan estate for $83M
British billionaire and hedge fund manager Christopher Rokos sold his waterfront Manalapan mansion for $83.2 million, more than double what it last sold for a decade ago. A United Kingdom-registered...
View ArticleBoca Center office campus with big financial tenants hits market for $200M
A three-building office campus in Boca Raton’s Boca Center, with tenants including global banks and Big 4 accounting firms, is up for sale with an estimated deal size of $200 million. New York-based...
View ArticleCoral Gables estate hits the market again, seeking $148M
A Homestead plant nursery owner is again trying to sell his bayfront Coral Gables estate, eight years later and for more than triple the asking price from his first attempt. Manuel Diaz, founder and...
View ArticleA new perspective on six years of capital flowing into South Florida
A wealthy entrepreneur from California has been house hunting across Miami, looking for a turnkey home with at least 150 feet of water frontage. The prospective buyer is on a timeline, as he’s also...
View ArticleThese developers are loving the amenity war
Gil Dezer likes to bring more than just snow globes back from his travels. An outdoor shower he saw in the Maldives wound up in his latest Sunny Isles Beach condo project. TVs hidden behind mirrors,...
View ArticleLife in two worlds for Miami’s real estate agents
At an industry event held in North Bay Village, an agent mentions that one of her colleagues recently moved his family to Texas. The cost of living pushed him out of South Florida, she said. In Texas,...
View ArticleAfter Surfside, new pace and scale of Florida condo repairs prompts fears of...
Jose Luis Hernandez-Aguiar was the maintenance guy at the 57-unit Euclid East condo in South Beach. He wasn’t a licensed contractor and didn’t pull construction permits for the building, an...
View ArticleInside Avra Jain’s making of major EDM club Factory Town
The building blocks of Avra Jain’s Factory Town, the largest global electronic dance music venue in South Florida, include a sprawling former mattress factory, several warehouses, preserved steel...
View ArticleInside South Florida’s fledgling anti-development movements
The tipping point came in April. In South Florida, the economy has long depended on real estate development, aided by local governments who don’t have much power to block them. West Palm Beach in...
View ArticleWinners of the South Florida wealth boom
When wealth poured into South Florida, the expansion found these real estate players best positioned to capitalize on the changing region. Nadim AshiLuxury Condo & Hotel DeveloperFounder & CEO,...
View ArticleThese are Miami’s top real estate agents and brokerages
Ask a top Miami real estate agent what their biggest deal was in the last year, and most will not be able to answer. But it’s not for lack of a great deal. It’s because they signed nondisclosure...
View ArticleCompson brings resi plans to office lots in Boca’s Park at Broken Sound
A local developer is bringing more residential development to the Park at Broken Sound in Boca Raton, seeking approval to add multifamily buildings to office properties. Boca-based Compson Associates,...
View ArticleTrophy waterfront assemblage in Vero Beach heads to the market for $66M
A rare waterfront assemblage on Vero Beach’s north barrier island is hitting the market for $66 million. John Devaney, founder and CEO of Miami-based United Capital Markets, is selling two trophy...
View ArticleMiami developer Caroline Weiss dies at 88
Caroline Weiss, CEO of Weiss Group of Companies, died Friday at Doctors Hospital in Miami after a three-day hospitalization. She was 88. The Miami developer was born in Palestine and moved to Jamaica...
View ArticleLarry Ellison secretly bought homes for his staff near Manalapan compound
Billionaire Oracle founder Larry Ellison quietly bought eight homes for members of his staff in a Boynton Beach neighborhood that’s about a 30-minute drive from his sprawling Manalapan compound. The...
View ArticlePublix pays $83M for retail plaza near Miami airport as it buys up shopping...
Publix Super Markets bought a retail plaza near Miami International Airport for $83.3 million as it continues to chase property ownership for the shopping centers it anchors. Bethesda, Maryland-based...
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