Keyes Commercial Realty
Developers close $30.5M North Miami Beach land deal for The Harbour
Developers 13th Floor Investments and Key International just closed on a $30.5 million land deal for their twin-tower condo project dubbed The Harbour in North Miami Beach. The deal covers five acres of land at 16385 Biscayne Boulevard, where the firms…
Sabadell Financial Center Inks More Than 25,000 SF In Lease Deals
Three of the tenants are new to the Miami market.
What China’s economic slowdown means for South Florida’s EB-5 projects
China’s money troubles have the potential to shortchange South Florida’s building boom, if its large pool of investors seeking U.S. visas shrinks. More than 80 percent of applicants for the citizenship-for-money program, known as the EB-5 investor program, are Chinese. Massive mixed-use projects like Skyrise Miami and Tibor Hollo’s Panorama.
Fort Lauderdale Development Site Sold for $17.3M
Simmons Vedder Partners and Principal Global Investors LLC sold the 0.88-acre site at 100 E. Las Olas Blvd. in Fort Lauderdale, FL for $17.25 million. An entity controlled by The Kolter Group, the West Palm Beach-based development group, acquired the development land for a proposed hotel…
Developer seeks $14M county bond for Homestead affordable housing complex
A Wisconsin-based developer is seeking $14 million tax-exempt bond financing for an affordable housing complex in Homestead.The Miami-Dade County Commission will consider the request by Modello Homes, an affiliate of Oregon, Wisconsin-based developer Gorman & Co., on Sept. 1. It would build 110 units in the Modello Apartments…
Watch 1000 Museum’s 24-Hour Concrete Pour in Drone-Vision
Pouring a skyscraper’s concrete foundations is a highly choreographed, many-hour performance in three dimensions born out of the necessity to create a foundation that is one solid mass of concrete. Often called a ’24-hour’ pour whether it actually took seventeen hours…
Preservation Watch: Petit Douy, Brickell Avenue’s Little Chateau, is Being Restored
Petit Douy, the little chateau perched on an oolitic limestone outcropping at the corner of Brickell Avenue and SW 15th Road, which for years has silently stood sentinel is alive with construction activity as it begins a new life. Commercial real estate developer Michael Comras is restoring…
Say Goodbye to The Bath Club Estates, Thirteen Very Expensive Condos That Never Really Felt Right
Don Peebles is cutting his losses on his boutique, fabulously-pricy, and still fabulously-unbuilt Bath Club Estates condo development that he’s been working on in North Beach for the last few years, placing the small oceanfront plot of land on the market. The developer told the Miami Herald that…
Protest against boat show planned at Marine Stadium
The village of Key Biscayne is getting reinforcements for its war to stop the Miami International Boat Show from being held at Virginia Key’s Marine Stadium site. On Saturday, environmental groups including the Sierra Club, Tropical Audubon Society…
Can Blackstone’s real estate business keep growing?
Can Blackstone’s real estate group, led by Jon Gray continue its phenomenal run? From the New York website: When General Electric executives phoned Blackstone Group’s Lexington Avenue office in March to propose one of the largest real estate deals in U.S. history…
Puerto Rican project management firm opens in Coral Gables, aims to hire 100
Caribbean Project Management has opened a Coral Gables office with eight employees and plans to expand that to 100 over the next five years. CPM is one of Puerto Rico’s largest infrastructure consulting and project management firms with over $5.1 billion in projects under management since it was founded in 1991. It also has an affiliate…
Metro 1’s Wynwood Greenhouse wins Public Space Challenge
The Wynwood Greenhouse has nabbed a $20,000 grant, as one of the winners of the Miami Foundation’s 2015 Public Space Challenge, developer Metro 1 announced on Wednesday. The Miami Foundation created the “Our Miami Public Space…
Rok picks up Wellington offices for $8.65M
A Wellington office building has just been sold to Rok Acquisitions, a large Miami-based real estate investment company that has focused on downtown Miami properties. An affiliate of Rok executive member Michael Sperling paid $8.6…
South Florida by the numbers: Focus on Miami-Brazil connection
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. When Brazil observes its Independence Day on September 7, the 44,000-plus Brazilians who live in Miami…
Former Yacht Manufacturing Site, Marina Trades
“With the recent zoning changes to Palmer Lake, the site and the immediate area are ready to become the next great hub of development within South Florida.”