Category: Top Stories

Miami Commercial Real Estate News December 6, 2023: TOD Dev Breaks Ground at Metrorail Station; 116-Key Hotel Planned for Wynwood; Sunset Place Redevelopment Moves Ahead; More…

Dec 06, 2023 - Top Stories - 0 Comments - Standard

New Renderings Reveal Changes To Facade For HUB Miami At 525 NW 2nd Avenue In Downtown Miami Updated renderings have been revealed for HUB Miami, a 41-story mixed-use building at 525 Northwest 2nd Avenue in Downtown Miami. Designed by ODP Architecture & Design with interiors by One Line Design Studio, and developed by a joint […]

Miami Commercial Real Estate News November 30, 2023: Amazon Seeks Office Space; FAA Approves 1,049 ft. Tower; Key Biscayne Ritz-Carlton Hits Market; More…

Nov 30, 2023 - Top Stories, Uncategorized - 0 Comments - Standard

Brookfield’s oceanfront Ritz-Carlton Key Biscayne marketed for sale Brookfield Properties is looking to sell the waterfront Ritz-Carlton resort at 455 Grand Avenue in Key Biscayne, sources told The Real Deal. Brookfield is working with JLL to market the 302-room, 275,000-square-foot property at 455 Grand Bay Drive, sources said. Brookfield acquired Watermark’s two-thirds stake in the […]

Miami Commercial Real Estate News November 22, 2023: Miami Beach Hotel Dev Site Trades for $27M; UDRB Approves 324-Unit Project in Edgewater; More…

Nov 22, 2023 - Top Stories - 0 Comments - Standard

Holidays Network pays $27M for Miami Beach hotel development site Holidays Network Group paid $27 million for a Miami Beach redevelopment site that has approvals for a 107-room hotel. An affiliate of Winter Park, Florida-based Holidays Network acquired an 88-unit apartment complex at 2618 Collins Avenue, records and Vizzda show. The firm obtained a $35.3 million […]

Miami Commercial Real Estate News November 8, 2023: Two Acres Acquired in Coral Gables for Development; US 1 Project Height Doubled; More…

Nov 08, 2023 - Top Stories - 0 Comments - Standard

Residences at NoMi to Offer 175 Homes for Seniors at 950 NE 124th Street in North Miami Developer Horizon at NoMi LLC has secured a $48 million construction loan for the Residences at NoMi, an affordable housing development for seniors in North Miami. Our sources indicate that the three-building complex will require 375,000 square feet […]

Miami Commercial Real Estate News October 25, 2023: Grodery-Anchored Center Trades for $49.3M; UDRB Approves Office, Resi Project; 137-Unit Clevelander Plans Filed; More…

Oct 25, 2023 - Top Stories, Uncategorized - 0 Comments - Standard

Miami board approves Edgewater and Midtown office projects, Wynwood resi building A Miami board approved office projects in Edgewater and Midtown, as well as a residential building in Wynwood, but was not impressed with proposed apartments near the Miami River. The Miami Urban Development Review Board on Wednesday greenlit three proposals, but took issue with a […]

Miami Commercial Real Estate News October 18, 2023: 29 Wyn Multifamily Trades for $135M; Iconic 756 ft. Tower Planned for Brickell; More…

Oct 18, 2023 - Top Stories - 0 Comments - Standard

Key International Reveals Plans For A New 50-Story Office Tower At 848 Brickell Avenue In Miami’s Financial District Key International, led by Inigo and Diego Ardid, has proposed concepts to redevelop the firm’s 848 Brickell office building into “Miami’s most iconic class-A office tower.” As the long-time owners of the existing building, Miami-based Key International […]

Miami Commercial Real Estate News October 12, 2023: 801 Brickell Trades for $250M, SLS Brickell Hotel for $55M; UDRB Votes to Approve 2,043 Unit Project at Miami Worldcenter; More…

Oct 12, 2023 - Top Stories - 0 Comments - Standard

Monarch Alternative Capital Buys 412,000 SF 801 Brickell Office Building in Miami Monarch Alternative Capital, an investment firm with offices in New York City, London and South Florida, has purchased 801 Brickell, a 412,000-square-foot office building in Miami. The 28-story high rise is located just a block from Biscayne Bay in downtown Miami’s Brickell neighborhood, […]

Miami Commercial Real Estate News October 4, 2023: Surfside Approves Plan for Collapse Site; North Bay Village Tower Approved; Coral Gables Dev Site Trades for $11.5M; More…

Oct 04, 2023 - Top Stories - 0 Comments - Standard

Condos Approved At Site Of Deadly Surfside Tower Collapse During Contentious Meeting Dubai-based developer Damac International won approval to move forward with construction of a 12-story condo property on the site of a 2021 condo collapse that killed 98 people in Surfside, Florida. The 52-unit condo development won approval from the Surfside Town Commission during […]

Miami Commercial Real Estate News September 27, 2023: $1B MXU Proposed for Medical District; 801 Brickell to Sell for $250M; Walgreen’s Location Trades for $13M; More…

Sep 27, 2023 - Top Stories - 0 Comments - Standard

Black Salmon, Allen Morris Co. Plan $1B Highland Park Miami Mixed-Use Project Black Salmon and The Allen Morris Co. have unveiled plans to develop Highland Park Miami, a $1 billion mixed-use project that will span seven acres and increase the footprint of the Miami Medical District by approximately 10 percent. Plans call for 1,000 residential […]

Miami Commercial Real Estate News September 20, 2023: Five New Towers Proposed at Miami Worldcenter; Coral Gables Office Property Trades for $90M; More…

Sep 20, 2023 - Top Stories - 0 Comments - Standard

5 New Towers, Including An Office Building, Proposed At Miami Worldcenter Plans for five new towers totaling more than 4M SF at the Miami Worldcenter development just north of Downtown Miami are under review. The 27-acre master-planned community is overseen by master developer Art Falcone, the CEO of Boca Raton-based Falcone Group, and Nitin Motwani, managing […]

Miami Commercial Real Estate News September 13, 2023: 90-Story Dolce & Gabbana Tower Announced; 554-Unit MF Proposed for Edgewater; Clevelander to be Replaced with 30 Story MF; More…

Sep 13, 2023 - Top Stories - 0 Comments - Standard

Dolce & Gabbana Joins Forces With JDS For Supertall Tower At 888 Brickell Avenue In Miami Italian fashion powerhouse Dolce & Gabbana is extending its brand into luxury real estate with a newly announced partnership alongside renowned developer Michael Stern and his JDS Development Group. The collaboration marks Dolce & Gabbana’s foray into the world […]

Miami Commercial Real Estate News September 6, 2023: West Miami MF Trades for $91M, Distressed Surfside Dev Site for $40M; Office Rents Up; 373-Unit MF Proposed for North Miami; More…

Sep 06, 2023 - Top Stories - 0 Comments - Standard

GID Acquires West Miami Multifamily Property for $91M Altis Ludlam Trail in West Miami has been rebranded as “Windsor Ludlam Trail”. Image courtesy of GID GID has sealed its $91.4 million purchase of Altis Ludlam Trail, a newly-built, 312-unit luxury multifamily community in West Miami, Fla., from The Altman Cos. The buyer assumed a $55.4 […]

Miami Commercial Real Estate News August 30, 2023: Inter Miami Stadium Site Breaks Ground; 631-Unit Tower Approved for Omni CRA; Co-Living Approved for Areas of Miami; More…

Aug 30, 2023 - Top Stories - 0 Comments - Standard

Indigo, Linkvest plan mixed-use project in Hialeah Gardens Indigo Properties and Linkvest Capital are planning to redevelop a truck yard into a mixed-use project in Hialeah Gardens. The joint venture is proposing a three-story self-storage facility sandwiched between seven single-tenant retail buildings on an 8-acre site at Northwest 138th Street and Northwest 107th Avenue, according to […]

Miami Commercial Real Estate News August 23, 2023: Udonis Haslem Plans 200-Unit Multifamily; Coral Gables Office Building Trades for $50M; More…

Aug 23, 2023 - Top Stories - 0 Comments - Standard

Udonis Haslem, Magellan plan 200-unit low-income housing project in North Miami Former Miami Heat star Udonis Haslem and Magellan Housing plan a 200-unit project with affordable apartments and workforce-priced townhouses for sale in North Miami, The Real Deal has learned. Miami-based Magellan and Haslem, who retired from professional basketball this year, want to develop Catherine Flon […]

Miami Commercial Real Estate News August 16, 2023: Ludlum Trail MF Acquired for $91M, Little River MXU for $34M, Hialeah MF Dev Site for $24M; More…

Aug 16, 2023 - Top Stories - 0 Comments - Standard

GID Snaps Up Rental for $91M Along Miami’s Ludlam Trail GID, a Boston-based investment firm, paid $91.4 million for a newly constructed apartment complex along Miami’s Ludlam Trail, property records show. Seller BBX Capital Real Estate, which owns the Fort Lauderdale-based development firm The Altman Companies, completed Altis Ludlam Trail last year. The seven-story building houses 312 […]

Miami Commercial Real Estate News August 9, 2023: Mercedes-Benz Properties Trade for $150M; Inter Miami Gets Construction Loan; MF Occupancy Drops; Kapoor Scandal Deepens; More…

Aug 09, 2023 - Top Stories - 0 Comments - Standard

Inter Miami Gets $75M From Ares Management For Stadium Construction Soccer superstar Lionel Messi’s new club has received an infusion of capital from a private equity giant toward the construction of a new stadium.Los Angeles-based Ares Management provided a $75M preferred equity investment to Major League Soccer’s Inter Miami. The funding will be used for […]

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