Waterfront lot across from Beckham’s proposed MLS stadium sells for $6.7M
A developer picked up more than an acre across the street from David Beckham’s proposed Major League Soccer stadium in Miami, as the area becomes increasingly attractive to investors. Fabio Faerman and Jonathan Molano…
Verzasca closes $13M deal for City Hall site in Edgewater
The Verzasca Group has closed on its $13 million purchase of land on Biscayne Boulevard in Miami’s Edgewater district, where the developer is planning a new residential project. The deal, first reported by the South Florida Business Journal, covers…
Hudson Group Retail Leases 18,000 SF In Doral
The deal marks the second time in less than two weeks that State Street has brought a building within the park to 100% occupancy.
817-Foot Tower Proposed Next to Epic Hotel in Downtown Miami
With a lighthouse on the top floor The Epic in Downtown Miami could be getting a gorgeous new neighbor in the form of a 70-story condominium tower with a lighthouse on the top floor, according to The Next Miami: The 817-foot tower is proposed to include 384 residential units and 561 parking spaces.
Tour the Superyacht Invictus, Docked in Downtown Miami
This vessel was built to entertain Another week and another superyacht has taken its talents to Miami, this one at the Museum Park slip neighboring American Airlines Arena in Downtown Miami. Meet the 217-foot Invictus, equipped with six decks and dazzling interiors enhanced by exotic woods, Italian…
Watch a Time Lapse of the Sold-Out Hyde Resort & Residences Topping Off
With an expected completion date set for Fall 2016 Hyde Resort & Residences has topped off 18 months after beginning construction in Hollywood. The 40-story beachfront tower will have 367 hotel rooms and 40 condo residences, with the latter sold out. The collaboration of The Related Group and…
US commercial real estate sales sink in February
From the New York website: Is the boom about to bust? U.S. commercial real estate sales took a dive last month in what may be the clearest sign that six years of growth is leveling off. In February, $25.1 billion worth of commercial property was sold compared with $47.3…
Fisher Island’s Palazzo del Sol: newest condo tower completed
A 59th new condo tower — the Palazzo del Sol At Fisher Island — has been completed east of I-95 in the tri-county South Florida region of Miami-Dade, Broward and Palm Beach since this current cycle began in 2011.
Deed transactions for three units in the newly completed…
Video: Watch Hyde Resort & Residences Hollywood Beach rise
Hyde Resort & Residences in Hollywood Beach is in the midst of topping off with a completion date for this fall.
The 40-story, beachfront tower will include 40 condominium units and 367 hotel rooms when it opens by the end of the year. Construction crews are expected to finish topping off the…
Related’s Jorge Perez among business delegates visiting Cuba
President Obama’s diplomatic visit to Cuba this week has captured the minds of many Miamians, whose ties to the island nation are arguably stronger than those of any other city in the United States. But…
Upper East Side is Miami’s Most Popular Neighborhood for Renters
Zumper released their latest Miami rental report One-bedroom units are in the most demand for the Miami rental market, according to Zumper’s latest Miami Market Demand Report, generating “42 percent of inquiries with a median rent inquiry inquiry of $1,300.” Two-bedrooms were the next most popular…
Controversy Brewing Over Potential Demolishment of Babylon Apartments
Babylon was Arquitectonica’s first building Babylon Apartments, Arquitectonica’s first building, is facing potential demolition albeit some controversy, reports the Miami Herald. Claming the five-story complex as unsafe, the City of Miami and and owner Francisco Martinez Celeiro want the award-winning…
Miami Design District retail property trades for $21.5M
A retail building in Miami’s Design District has sold for $21.5 million in an off-market deal, as prices continue to escalate in the luxury shopping destination, The Real Deal has learned. Elizabeth and Neil Rosen, who…
Starwood accepts Anbang’s takeover offer for over $13B
From left: Anbang’s Wu Xiaohui of Anbang (credit: Anbang Insurance Group) and Thomas Mangas of Starwood
From the New York website: Starwood Hotels & Resorts accepted Anbang Insurance Group’s takeover offer with the Chinese insurance giant acquiring the hotel owner and operator for…
Prudential borrows $45M for Coral Gables office tower
About three months after picking up a Coral Gables office building, Prudential Real Estate Investors closed on a $45.4 million mortgage for the 16-story, Class A office building. In mid-December, Prudential paid $83 million for the 492,820-square-foot office building…