The Real Deal Miami

Posts Tagged ‘commercial real estate’

  • Allegria Ristorante opens on Harrison in Hollywood

    Restaurant on Harrison Street has 4,100 square feet
    March 24, 2017 05:30PM

    Allegria Ristorante

    A new restaurant, Allegria Ristorante, just opened this week on Harrison Street in downtown Hollywood. [more]

  • Little Torch Key Cottages in the Keys to hit the market, could fetch $20M

    The complex, built in 2014, includes 48 units in 24 three-story duplexes
    March 24, 2017 04:00PM

    Little Torch Cottages and Calum Weaver

    Eastwind Development is putting its 48-unit Little Torch Cottages rental community on the market next week, Cushman & Wakefield said. [more]

  • Resorts World Miami’s $200M redevelopment would include residential

    36-story tower proposed for bus terminal in Miami's A&E district
    March 24, 2017 02:05PM

    Rendering of the Resorts World Miami project

    New details have emerged of Resorts World Miami’s proposed redevelopment of a bus terminal in the Arts & Entertainment District of Miami. [more]

  • City of Miami passes Regalado’s resolution, could sue platforms like Airbnb

    Commissioners Francis Suarez and Ken Russell voted against the resolution
    March 23, 2017 08:00PM

    Screenshot of Airbnb’s website. Inset: Miami Mayor Tomas Regalado

    After hours of public comments and debate, city of Miami commissioners passed a resolution that effectively reiterates existing regulations on short-term rentals, with an amendment that would have the city look into suing short-term rental platforms like Airbnb. [more]

  • Restoration Hardware looking at Design District for flagship store

    Restoration Hardware has been looking in the district for a "long time"
    March 23, 2017 03:00PM

    4136 North Miami Avenue. Inset: developer Manny Varas

    Updated, March 24, 1:35 p.m.: Restoration Hardware is looking for a site in the Miami Design District for a flagship store, The Real Deal has learned.  [more]

  • Sitt: Investors take “conservabull” route when deciding where to park cash

    NYC, Milan and Madrid are among the safest bets
    March 23, 2017 02:15PM

    Call it the Running of the “conservabulls.” [more]

  • Alan Levan: on BBX’s real estate investments as legal fight with SEC drags on

    The company and CEO Levan will plead their case in a second jury trial starting next week
    March 23, 2017 12:45PM

    Alan Levan

    Alan B. Levan, chairman and CEO of Fort Lauderdale-based BBX Capital Corp., may be near the end of a five-year legal fight with the U.S. Securities and Exchange Commission over the company’s public disclosures of loan quality when it owned BankAtlantic.

    But the legal issues haven’t kept BBX from investing in multiple real estate projects in South Florida and elsewhere since the sale of BankAtlantic in 2012 – the same year the SEC charged Levan and BBX with violations of securities laws in a lawsuit. [more]

  • A sit-down with Alexander Wertheim: Spacio founder on his business, SoFla’s construction challenges & more

    “You’ve got guys that show up today, and three weeks later, they’re gone.”
    March 23, 2017 10:30AM

    Alexander Wertheim, the Marriott Stanton South Beach and Nobu

    Alexander Wertheim is founder and president of Spacio Design Build, a general contracting firm with clients such as Nobu Miami Beach, the Related Group and the Marriott Stanton South Beach. A former pro tennis player on the ATP whose coaching gig got him into the construction and property management business, Wertheim now oversees a firm of about 20 employees with revenues of about $20 million.

    Wertheim spoke with The Real Deal about building a business, challenges facing South Florida contractors and the latest construction trends.

    “I’m a guy who believes you go with the curve,” said the 45-year-old Miami native. “You have to adapt.” [more]

  • Falcone’s Fashion Mall redevelopment gets a name: Plantation Walk

    $350M project will have 700 apartments, office, retail and a renovated hotel
    March 23, 2017 09:45AM

    New rendering of Plantation Walk. Inset: developer Art Falcone

    Developer Art Falcone’s Fashion Mall redevelopment project in Plantation finally has a name: Plantation Walk.  [more]

  • Butters pays $21M for Boca office complex

    Butters plans to invest $3M into property to bring it up from Class C to Class B
    March 22, 2017 04:35PM

    Rendering of 1900-2000 Northwest Corporate Boulevard and Malcolm Butters

    Butters just paid $21 million for a three-building office complex in Boca Raton, marking the real estate firm’s third acquisition in the Palm Beach County office market in the past year. [more]