1080 Brickell

Apartments in the 43-story 1080 Brickell tower will go on sale this week, exMiami reported.

A Spanish investment group purchased the site for the proposed 328-unit building on Miami’s Brickell Avenue about a year ago, paying $17.37 million, a $7.87 million premium over what the seller, Rilea Group, paid for the property in 2006, according to the South Florida Business Journal. [more]

Miami Today’s former HQ on Brickell Avenue

The manor house-esque former headquarters of weekly newspaper Miami Today has been demolished, after permits were filed last fall, Curbed reported. [more]

The site of Brickell CityCentre

Hong Kong-based Swire Properties and Bal Harbour Shops are partnering to develop the retail component of the Brickell CityCentre project in downtown Miami. [more]

Jade

A group of six defendants have been sentenced in a  multi-million-dollar mortgage fraud scheme at the Jade condominium in Miami’s Brickell neighborhood, according to U.S. Attorney for the Southern District of Florida Wifredo Ferrer. The defendants include Lilli Casal-Diaz, Andres Mendez, Andy Mendez, Jr., Josephine Santana, Jose Rafael Martinez and Basilio Gomez. All have been sentenced to terms of imprisonment for their roles in a scheme that netted more than $5.6 million. The longest sentence went to Andres Mendez, who received five years in prison. — Alexander Britell

Hampton Inn

The Hampton Inn & Suites Brickell-Downtown is now Miami’s first LEED-certified hotel, following its award of LEED Silver certification by the U.S. Green Building Council. The 15-story, 221-room property is located at 50 SW 12th Street in Brickell. “The hotel industry has historically trailed other sectors when it comes to emphasizing sustainability, largely due to excessive energy and water usage,” said Bernard Wolfson, president of hotel owner Hospitality Operations. “We are overcoming these obstacles at the Hampton Inn & Suites Miami Brickell-Downtown by embracing the green features that conserve resources, appeal to eco-conscious guests and reduce our operating costs.” — Alexander Britell

Ares Commercial Real Estate Corporation has closed on a $47 million first mortgage loan that is collateralized by a Class B office property in Brickell, the company announced Tuesday. The deal, which closed at the end of September, is part of a total of $113 million in loans handled by the firm in the third quarter of 2012. Ares’ investment portfolio of loans has reached $191 million of carrying amount. Ares is a finance company that specializes in middle-market commercial real estate loans. — Alexander Britell

The Brickell parcel

Following the listing of one of South Florida’s last vacant bayfront parcels yesterday, Fortune International Realty has announced the listing of a 14,710-square-foot parcel on the Miami River in Brickell. The property, which is being listed for $4 million, is approximately two blocks from the new Brickell CitiCentre project by Hong Kong-based developer Swire. Fortune’s Fabio Faerman, broker associate, has the listing. — Alexander Britell

Continuing Brickell’s restaurant boom, the Miami neighborhood is now home to a new location of Power Pizzeria. The fifth location of the Miami-based chain is located at 50 SW 10th Street. Power Pizzeria also has locations in Kendall, Pinecrest, South Miami and Doral. The company has more outposts in development, it said this week. — Alexander Britell

Florida International University will be creating a new School of Real Estate thanks to longtime Miami developer Tibor Hollo, the Miami Herald reported. The program, which will be called the Tibor & Sheila Hollo School of Real Estate, is being funded by a gift of $2.5 million from Hollo. [more]

UpSpring PR, a public relations firm based in New York City, has expanded with an office in Miami’s Brickell submarket, The Real Deal has learned. The firm, which focuses on designers, architects and real estate firms, targeted Miami because of its increased development, according to President Sarah Nelkin and CEO Tiffany Tabar. The firm’s new office is located in the Espirito Santo building, which is located at 1395 Brickell Avenue. UpSpring launched in 2009. — Alexander Britell