Tri-Rail wants to run trains into Downtown Miami
Tri-Rail is working on a major project: Bringing its commuter trains to downtown Miami on brand new railways. The service would connect its lines to a stretch of track that will be used by the Florida East Coast Railway — the same line All Aboard Florida’s upcom…
SoBe’s James Royal Palm Trades for $278M
The deal marks the highest sale price for a hotel since 2012, when The Perry South Beach–formerly known as the Gansevoort and rebranded as 1 Hotel & Homes–which sold for $230 million in 2012….
South Beach Hotel Wins $185M Refi
The new owner, New York-based HFZ Capital Group, is reinventing the 1901 Collins Avenue hotel in Miami Beach…
Edens Closes $736M Acquisition
“This acquisition furthers our strategy of owning and operating a high quality, diversified portfolio of leading urban retail centers with long term value creation potential.”…
This Person Scaled Rise Brickell City Centre Building and Posted Photos on Instagram (Slideshow)
On Instagram he goes by @open.world and for some reason, he likes to scale buildings in downtown Miami and then post about…
Lawmakers Punt on Decision Regarding Sports Stadium Funding
A much-anticipated decision about divvying up sales-tax dollars to sports-stadium projects was handed off to the full Legislature.
Lightstone Is Committing $2B to Hotel Projects
Lightstone has teamed up with Marriott International Inc. to build five Moxy hotels in New York and is eying Miami. The “micro” lodgings, with high-tech features and smaller-than-average rooms, are geared toward younger travelers.
Industry Leaders Talk Miami Real Estate
Speakers at the University of Miami Real Estate Impact Conference all agreed that the city’s cultural transformation and its ability to draw wealth from the U.S. and abroad have made it an attractive target for developers.
Snazzy Whole Foods West Palm to feature beer bar and crêperie, FPL spars with national park over water needs for nuclear plant…and more
Snazzy Whole Foods West Palm to feature beer bar and crêperie. FPL spars with national park over water needs for nuclear plant. Cold weather? Not when the market’s hot, hot, hot for real estate.
Edens Investment Trust completes $736M acquisition of AmREIT
South Carolina-based Edens Investment Trust completed its acquisition of AmREIT, a real estate investment trust, for $763 million. Edens, which has regional headquarters in Miami, as well as New York, Boston, Washington, D.C., Atlanta and other cities, owns, develops and manages community oriented…
Donald Trump suing Doral over noise complaints
If he could, the Donald would probably fire the city of Doral. Trump is reportedly suing the city over its noise ordinance after his resort received more than 100 violations. Trump National Doral has been accumulating violations since August and most…
Government contractor buys Miramar warehouse for $14M
A warehouse in Miramar sold for $14 million to a company with ties to the U.S. government, Broward County records show. The 80,260-square-foot building at 2650 Southwest 145th Avenue was purchased by an affiliate of Easterly Government Properties, a real estate inves…
Marriott sells Miami Beach EDITION hotel to Abu Dhabi for $230M
Marriott International sold the Miami Beach EDITION hotel for $230 million in cash, the company announced today. Marriott, which is retaining management of the hotel, sold the property to companies owned by the Abu Dhabi Investme…
Meat distributor moves headquarters to 2020 Ponce in Coral Gables
A wholesale meat distributor is herding on over to its new headquarters in Coral Gables. Natural Premium Brands purchased a 1,163-square-foot suite at 2020 Ponce, a luxury office tower developed by Florida East Coast Realty. The company will lease a temporary…
Coconut Creek shopping center sells for $20M
A Coral Gables-based company bought a shopping center in Coconut Creek for nearly $20 million. Boca Raton-based Chianti Associates sold the six-acre site at 4690 State Road 7 on Feb. 11, Broward County records show.