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PALM BAY, FLA. — Woodfield Development has completed and opened Tides at Palm Bay, a $100 million, 318-unit, mixed-use property in Palm Bay on Florida’s Space Coast. The community features… The post Woodfield Development Opens $100M Luxury Mixed-Use Project on Florida’s Space Coast appeared first on Multifamily &…
It took four years and more than $770M for billionaire and hedge fund CEO Ken Griffin to reach the finish line in assembling a full-block site for his company’s future headquarters. The task is finally complete after Miami commissioners last week...
Rick Ross may have gone platinum for Blowin' Money Fast, but he is hoping his latest project will turn into Money So Long.
“South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. For years, analysts have observed South Florida real estate as if it were one market moving in one direction. Increasingly, that assumption has never been less accurate. While affluent…
A Lauderhill-based financial firm landed a $79 million refinancing for a luxury apartment tower in downtown Hollywood. Stewards Inc. secured the new debt for 1818 Park, a 22-story, 500,000-square-foot apartment building at 1818 Hollywood Boulevard that’s 94 percent leased. The financing, which replaces existing…
Suffolk Construction is moving its office within Downtown West Palm Beach after signing a 19,000-square-foot lease at the Echo boutique building. The builder will relocate to the top floor of the four-story building at 205 Datura Street, which sits adjacent to South Narcissus Avenue, the tenant announced. The new…
Lissette Calderon’s Neology Life closed a $175 million capital raise with plans to expand beyond its niche in South Florida multifamily to mixed-use projects across the Southeast. The raise from investors supercharges Coconut Grove-based Neology’s development capacity, arming it with $1 billion to pursue…
Alphabet has expanded its presence at 1450 Brickell Avenue from approximately 10,000 square feet to 45,000 square feet, adding another major technology company commitment to Miami’s office market.
MIAMI — JLL has arranged the sale of a three-property industrial portfolio spanning 2.4 million square feet in Florida and Georgia. EQT Real Estate purchased the portfolio from the undisclosed seller. The sales price was also not disclosed. The properties in the portfolio include a 605,412-square-foot facility in…
🏆 Residential: North Miami logged the priciest home sale in South Florida. A company managed by Darren Gerard sold the home at 11400 North Bayshore Drive for just under $24 million. The buyer was a trust tied to Kymberly A. Foglia, daughter of Vince Foglia, who founded a medical products company. Built last year,…
Acquires full ownership of the Duane Arnold nuclear power station
Affiliated Development started construction on a Live Local Act project in Fort Lauderdale after scoring a $74 million construction loan. Pacific Life Insurance Company provided financing for The Cove, an eight-story, 376-unit development at 1055 North Federal Highway. The project is also being capitalized with…
Affiliated Development has closed on a $74 million construction loan with Pacific Life Insurance Company for The Cove, a mixed-use, mixed-income multifamily development on the northwest corner of Sunrise Boulevard and Federal Highway in Fort Lauderdale. Just over half of the 374 units will be restricted to families…
The freestanding building was previously home to Stout Bar & Grill.
The Cove will rise on the site of a former hotel property, delivering 376 residential units in an eight-story building with structured parking.
The Sunrise deal adds to a series of major industrial transactions completed across Broward County so far in 2026. By late June, industrial sales volume in the county had surpassed $1 billion, reflecting continued investor demand for logistics and warehouse assets throughout the region.
Allapattah, already a neighborhood targeted for redevelopment, now has a $243 million spending plan that leans in on infrastructure improvements and affordable housing construction. Miami commissioners, sitting as the members of the newly formed Allapattah Community Redevelopment Agency, unanimously voted for the…
Steve Ross, who developed an office and condo empire in West Palm Beach, is planning his first Live Local Act project. The proposal aligns with Ross’ public stance that the shortage of attainably priced housing is a top issue in Palm Beach County and marks a full circle for the 86-year-old who started out as an…
La comercialización de viviendas en la Región Metropolitana alcanzó las 4.863 unidades entre abril y junio, con los departamentos concentrando el 85% de las ventas. Por Tomás Rodríguez Botto El mercado inmobiliario de la Región Metropolitana registró un aumento en su actividad durante el segundo trimestre del año.…
Northlink Capital has secured $85 million of construction financing to develop a Miami Beach luxury condominium project, Commercial Observer has learned. Deutsche Bank provided the loan, which will refinance past debt and fund ground-up construction of the 12-story condo tower at 7200 Collins Avenue in Miami…
Mast Capital and Koch Real Estate Investments scooped up an oceanfront resort in the Florida Keys two years after it last sold. The Miami-based developer and Dallas-based investor acquired 22 villas and eight hotel suites at the Islands of Islamorada Resort from the Frisbie Group, according to a news release.…
WESLEY CHAPEL, FLA. — SRS Real Estate Partners has brokered the $7.9 million sale of Promenade, a three-tenant retail property located in Wesley Chapel, roughly 24 miles north of downtown Tampa. Built in 2025, the 9,222-square-foot property was fully leased at the time of sale to Heartland Dental, GoodVets and…
SOUTHWEST RANCHES, FLA. — FRP Development Corp. has acquired 24 acres in Southwest Ranches, a town in South Florida’s Broward County. FRP plans to develop Logistics Center at Southwest Ranches, a planned 300,000-square-foot industrial facility, at the site. The project is expected to include 36-foot clear heights,…
🏆 Residential: A penthouse in Miami Beach was the priciest deal to hit records. A trust tied to Yves Mongeau and Sylvie Guilbault parted with a 9,000-square-foot condo at 450 Alton Road for $23.5 million, or $2,600 per square foot. The buyer was Akron Warwick Exchange LLC. The unit has six bedrooms and seven and a…
NARANJA, FLA. — Housing Trust Group (HTG) and AM Affordable Housing have secured financing to begin construction of the first phase of Artisan Pointe, an affordable housing community in Naranja,… The post HTG, AM Affordable Housing Break Ground on Artisan Pointe in Naranja, Florida appeared first on Multifamily &…
Elevated Supply Weighs on Fundamentals Tampa multifamily fundamentals dampened as robust supply poured in. Average advertised asking rents rose 0.1%, on a trailing three-month basis through May, to $1,783. National rent growth surpassed the metro, climbing 0.3% to $1,767. The area’s average occupancy rate plunged…
Originally built in 2002 and renovated in 2025, UNO South Pointe is one of the few ‘Super-Class A’ office properties in the South of Fifth neighborhood.
Summary and analysis of Tampa Bay’s current economic and office real estate market conditions.
Summary and analysis of Fort Lauderdale’s current economic and office real estate market conditions.
Summary and analysis of Miami’s current economic and office real estate market conditions.
Summary and analysis of West Palm Beach’s current economic and office real estate market conditions.
After years of delays, lawsuits and other issues, Penn-Florida Companies is now facing foreclosure on the Mandarin Oriental Residences, Boca Raton project. The lender, an affiliate of Apollo Global Management, filed a $417.7 million suit against the developer’s affiliate and a laundry list of co-defendants,…
Summary and analysis of Tampa Bay’s current economic and industrial real estate market conditions.
Summary and analysis of Polk County’s current economic and industrial real estate market conditions.
Not long ago, Miami sold itself as the affordable alternative to New York. Lower taxes, cheaper housing and sunshine drew a wave of businesses, investors and wealthy transplants during and after the pandemic. But now, consumer prices have climbed 36 percent since 2019, home values have surged nearly 80 percent and,…
Summary and analysis of Orlando’s current economic and office real estate market conditions.
Summary and analysis of Orlando’s current economic and industrial real estate market conditions.
Summary and analysis of Palm Beach’s current economic and industrial real estate market conditions.
Summary and analysis of Broward’s current economic and industrial real estate market conditions.
Summary and analysis of Miami’s current economic and industrial real estate market conditions.
Social media influencer and livesteamer IShowSpeed bought a warehouse for a content creation studio near West Little River for nearly $11 million, The Real Deal has learned. IShowSpeed, whose real name is Darren Jason Watkins Jr., bought the 26,600-square-foot industrial building on a 1.8-acre lot at 8700 Northwest…
Billionaire Richard Kurtz’s The Kamson Corporation and Joel Gluck of Scopus Property Management dropped $90.5 million for a 400-unit residential complex in West Palm Beach that was converted from condos to apartments last year. The investors acquired Ponte Verde at Palm Beach Lakes with an $81 million acquisition…
Aprea Development and JSB Capital Group landed a $202 million construction financing package for The Avenue, a luxury mixed-use development in downtown Naples. Bayview Commercial Mortgage Finance provided the package, which includes a $93 million traditional construction loan and $109 million of C-PACE financing,…
Privé Group, led by Javier Rabinovich, is staking an office bet in an area where few others have in recent years. Miami-based Privé proposes a 75-foot tall building in an unincorporated area between North Miami and Miami Shores, while most office developers as of recent have homed in on Bay Harbor Islands, Miami…
🏆 Residential: David Goulden and his wife, Andrea Helen McDonough, bought a sponsor unit in the new Alba Palm Beach building at 4714 North Flagler Drive, developed by BGI Capital and Blue Road for $10.4 million, representing the most expensive home sale to hit records in South Florida. This five-bedroom,…
The seesaw history of a West Palm Beach residential complex has a new chapter. A joint venture between the Kamson Corporation and Joel Gluck’s Scopus Property Management has closed on a $90 million acquisition of Ponte Verde at Palm Beach Lakes, Commercial Observer has learned. The 400-unit property was built in…
Waste Management has paid nearly $380 million for about 146 acres in Medley, Fla., where the Houston-based company will likely build another landfill, property records show. The land sits parallel to Route 27 at 9515 Northwest 95th Avenue near the Everglades national park. About half the site remains vacant while…
TAMPA, Fla. — Continuum Advisors has brokered the sale of Arbor Terrace Citrus Park Independent Living, a 139-unit community located in Tampa. Developed in 2019 on nine acres, the property comprises… The post Continuum Brokers Sale of 139-Unit Community in Tampa appeared first on Seniors Housing Business .
JACKSONVILLE, FLA. — Merritt Properties has acquired Center Point Business Park, an 11-building, 537,800-square-foot light industrial park located in Jacksonville’s Butler corridor near the Florida East Coast Railway. According to the Jacksonville Business Journal, Merritt Properties purchased the campus for $89.8…
Trilogy Real Estate Group has received a $64 million construction loan for the development of The Albion, a 325-unit apartment community being built in Valrico, Fla. The project, located 14 miles east of downtown Tampa, is slated for delivery in the fourth quarter of 2028. Multihousing News reports the financing is…
A city-approved land sale grants Ken Griffin ownership of an entire city block in Miami, consolidating his real estate holdings in the market.
La competencia entre departamentos disponibles para arriendo aumentó durante el segundo trimestre en la Región Metropolitana, pese a que el fenómeno continúa concentrándose en sectores específicos: San Joaquín, La Cisterna y La Florida, registraron las mayores alzas del período, mientras que solo el 1% de las…
KISSIMMEE, FLA. — The NRP Group has secured financing and begun construction of Alora Lofts, an 88-unit affordable housing community in Kissimmee, 18 miles south of Orlando. Residences will be… The post The NRP Group Breaks Ground on Florida Affordable Development Alora Lofts appeared first on Multifamily &…
The seven-story Class A facility near I-95 was approximately 67% occupied at the time of the transaction.
The company maintains a global corporate presence, with Switzerland and Australia continuing to serve as important business hubs following the opening of the Miami headquarters.
Merritt Properties acquired Center Point Business Park, an 11-building, 537,800-square-foot light industrial park in Jacksonville’s Butler Corridor. The deal is the first major transaction announced since the company secured a $750 million investment led by Centerbridge Partners to accelerate its long-term growth…
Todd Rosenberg’s Pebb Capital has purchased the Uno office building in South Beach, as boutique financial firms vie for outposts in Miami. The seven-story building features about 100,000 square feet of leasable space and 106 covered parking spots at 119 Washington Avenue, between First and Second streets, in the…
Although Florida and Texas are touted as the strongest magnets for in-migration, South Carolina and Delaware actually set the pace last year, Placer.ai says in a new white paper. With the exodus from coastal markets seen during the pandemic having cooled, no state recorded net inflows or outflows exceeding 0.7% of…
Terra completed Phase One of Upland Park, a $1 billion transit-oriented community that will transform West Miami-Dade County’s Dolphin Park-and-Ride Transit Terminal Facility into a 47-acre mixed-use community with residential, retail, and commercial uses. The newly delivered first phase of the project comprises…
Google’s parent company has quadrupled its office footprint in Miami, Bloomberg reported. Alphabet inked a lease for about 45,000 square feet at 1450 Brickell Avenue this spring, where it had been leasing about 10,000 square feet. The tech giant has been stationed at the 34-story building since 2016. Developer…