🏆 New Building: The largest permit issued was an $85.6 million new construction permit for Mohawk at Wynwood, a 300-unit apartment project at 50 Northeast 29th Street in Miami. The permit covers 488,880 square feet for Miami-based Rilea Group’s development. In January, the developer secured a $149.2 million…

Capital MarketsOfficeMultifamilyUnited StatesFlorida

Updated 2 days agoPublished Aug 13, 2026

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The Real Deal — South FloridaNews

Inflation and interest rates are still choking CRE i-sales, excluding industrial

Commercial real estate investment in South Florida has soared since last year. But don’t get excited yet. Most property types are feeling the weight of elevated inflation and interest rates. “When you have those two things going on, the institutional markets are like, ‘We don’t have certainty. Pencils down,’” said…

Capital MarketsIndustrial & LogisticsUnited StatesFlorida

Updated 4 days agoPublished Aug 11, 2026

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The Real Deal — South Florida

Data center doubt: Why Florida is pushing back against hyperscale development

The AI boom has developers casting lines for hyperscale data center sites across the country. But in Florida, many counties aren’t biting. A slew of proposals have been met with moratoriums, zoning battles and community opposition, leaving several developments dead in the water. While grassroots organizations and…

Data CentersUnited StatesFlorida

Updated 7 days agoPublished Aug 6, 2026

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The Real Deal — South Florida

South Florida Dirt: Worst is over for multifamily landlords

The tide is beginning to turn back in favor of multifamily landlords, but it’s still too early to get excited. Developers are starting to pull back on leasing incentives and bring rents back up after an oversupply benefited renters. At the end of the second quarter, the number of new leases (13,774) surpassed the…

Capital MarketsMultifamilyUnited StatesFlorida

Updated 13 days agoPublished Aug 2, 2026

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The Real Deal — South FloridaNews

Top permits: $44M condo reno, massive Baptist hospital expansion

🏆 Alteration: The largest permit issued was for a $45 million interior alteration permit at 8900 North Kendall Drive in Kendall, where Baptist Health South Florida is undertaking the expansion of its main campus, Baptist Hospital Miami, spanning 111,500 square feet. Job Filing Number: 2026060461 📊 Alteration: The…

Capital MarketsUnited StatesFlorida

Updated 16 days agoPublished Jul 30, 2026

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The Real Deal — South FloridaNews

Multifamily is back. Or is it? Oversupply lessens but vacancies, pipeline still high

Developer Raimundo Onetto has been weaning leasing incentives for new tenants at his 296-unit Crest apartment building. “We saw a shift in the market since the end of last year,” said Onetto, who leads Coconut Grove-based Alta Developers. The building is 95 percent leased, he said. “We have been trying to recapture…

Capital MarketsMultifamilyUnited StatesFlorida

Updated 17 days agoPublished Jul 30, 2026

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The Real Deal — South Florida

South Florida by the numbers: Wealth boom vs. middle-class struggles

“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…

Capital MarketsMultifamilySingle-Family RentalUnited StatesFlorida

Updated 18 days agoPublished Jul 28, 2026

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