Rockpoint sells 1221 Brickell office tower for $287M, marking a six-year record
Rockpoint sold a Brickell office tower for $286.5 million, marking a record for South Florida office deals since 2016....
Year since deadly collapse marked by condo reforms, new development in Surfside
Spot On Ventures buys Miami Beach Hilton-branded hotel for $44M
Blackstone’s Link Logistics pays $291M for Calder’s horse racing track
Miami nabs another big name as Citadel’s Griffin shifts HQ
Starwood sells UM-leased medical office building in Plantation for $46M
Latest News
Rising rents: Miami’s industrial market leads nation with highest annual rate hike: report
Miami’s industrial market, which includes all of Miami-Dade County, is the nation’s top performer for annual rent growth, according to a JLL report. Year-over-year,...
Estate Companies’ Pompano Beach, Hollywood apartment projects advance
The Estate Companies is moving forward with two Broward County multifamily projects. The South Miami-based company scored final approval...
Investor buys waterfront Bal Harbour mansion for $15M, plans to renovate it and flip it for $30M
Real estate investor Michael Klinger hopes to nearly double his money, renovating and flipping a waterfront Bal Harbour house he purchased for $15.4 million....
Saddled with $260M debt, Pembroke Lakes Mall could be in trouble: Morningstar
An exodus of tenants and diminished net cash flow could spell trouble for the owner of Pembroke Lakes Mall,...
Former Goldman Sachs exec drops $12M on Palm Beach home
A recently retired Goldman Sachs executive purchased a new Palm Beach home for $12.1 million. Rosemin Stanoytchev sold the...
Texas Issue
On the front lines in Texas’ Ranch wars
When Covid arrived in March of 2020, third-generation Texas ranch broker Sam Middleton thought it meant a few weeks out of the office. Then reality hit. A letter arrived from a buyer who was...
Year since deadly collapse marked by condo reforms, new development in Surfside
Susie Rodriguez has difficulty accepting that a new building will soon stand in place of her former home, Champlain...
Spot On Ventures buys Miami Beach Hilton-branded hotel for $44M
UPDATED, June 24, 10:45 a.m.: Pebb Capital and LeaseFlorida sold a renovated, historic hotel in Miami Beach for $43.9...
Blackstone’s Link Logistics pays $291M for Calder’s horse racing track
Blackstone’s subsidiary Link Logistics paid $291 million for Calder’s former horse racing track and surrounding property, with plans for...
EverWest buys Hialeah Gardens industrial building for $43M
EverWest Real Estate Investors bought a newly built warehouse in Hialeah Gardens for $43.2 million, continuing its buying spree...
Chicago
Miami nabs another big name as Citadel’s Griffin shifts HQ
Miami nabbed another deep-pocketed hedge fund billionaire – and his business. Citadel founder Ken Griffin, the wealthiest resident of...
First Industrial picks up Pompano Beach manufacturing facility for $25M
First Industrial Realty Trust scooped up a Pompano Beach manufacturing building for $25 million, marking continued investor appetite for...
Starwood sells UM-leased medical office building in Plantation for $46M
Starwood Capital Group sold a Plantation medical office building fully leased to the University of Miami Health System for...
Los Angeles
Public housing goes middle class
UPDATED, April 12, 2022, 1:12 p.m.: Public housing has gone middle class. Billed as “workforce housing,” it mimics a private-sector trend in places where home prices and rents have soared beyond the household budgets...
Miami Beach gives green light to controversial Peebles, Sternlicht office projects near Lincoln Road
Controversial proposals to build offices in Miami Beach near the city’s famous Lincoln Road passed another hurdle on Wednesday. The Miami Beach City Commission...
Steve Ross’ plan to redevelop historic Deauville resort in Miami Beach advances
Billionaire developer Steve Ross is one step closer to achieving his goal of buying and redeveloping the historic Deauville...
Miami leads nation in rent hikes — again
If rising rents were a race, Miami would be crushing the competition. Miami rents climbed 45.8 percent in May compared to last May, according to a newly released report from Realtor.com. Miami’s annual rent...