Rental MarketThe Real Deal South Florida
“90% there”: Controversial project outside UDB delayed again. But is it inching closer?
A controversial proposal for an industrial facility beyond the Urban Development Boundary is still in limbo, though it needs support from just one more commissioner to proceed. Kelly Tractor, a Doral-based heavy machinery supplier that provides Caterpillar and other construction and mining equipment
5d agoby TRD Staff
Rental MarketThe Real Deal South Florida
“There is no ceiling”: Nadim Ashi’s latest Surf Club condos near $400M sellout
The sellout has reached $386.4 million at Fort Partners’ recently completed condo building in its sprawling beachfront Surf Club complex. Seaway North, at 9165 Collins Avenue in Surfside, has just 10 units and an average sale price of $38.6 million. While no one unit has set a market-wide price reco
5d agoby Kate Hinsche
Rental MarketThe Real Deal South Florida
David MacNeil sells another Fort Lauderdale mansion for $26M
David MacNeil, the billionaire founder of the car mats maker WeatherTech, just sold a beachfront Fort Lauderdale mansion –– again.  MacNeil sold the mansion at 3052 North Atlantic Boulevard to Pablo Umansky for $26 million, records show. It is the second time MacNeil has sold the home in three
5d agoby Kate Hinsche
Rental MarketThe Real Deal South Florida
Integra sells bayfront Miami-Dade rental complex for $151M
RPM Living paid $151.4 million for a bayfront apartment building and rental townhomes, The Real Deal has learned. It is one of the biggest known multifamily trades so far this year in Miami-Dade County. Austin-based RPM bought the 380-unit Biscayne Shores at 11295 Biscayne Boulevard from Miami-based
5d agoby Lidia Dinkova
Rental MarketThe Real Deal South Florida
Developer Alex Pirez buys waterfront Gables Estates teardown for $24M
Luxury home developer Alex Pirez paid $24.3 million for a waterfront home in Gables Estates, adding to recent deals in the gated community, The Real Deal has learned.  Pirez’s Mocca Group acquired the 7,100-square-foot home at 665 Leucadendra Drive in Coral Gables. Property records show the sel
5d agoby Katherine Kallergis
GeneralMiami New Times
III Points Festival Announces Open House for Local Miami Musicians
South Florida artists, this is your chance to prove you belong on the III Points stage.
5d agoby Flor Franceschetti
GeneralMiami New Times
Controversial Influencer Clavicular Facing Criminal Charges in Alligator Shooting
The charges escaped public attention — until Miami New Times got the scoop.
5d agoby Alex DeLuca
Rental MarketThe Real Deal South Florida
Brightline’s $2B debt threatens financial derailment
Brightline is narrowing its losses, but the private passenger rail service is hitting a wall of debt that threatens its future.  Outside auditor Ernst & Young raised a red flag in preparing Brightline’s 2025 financial statements, stating the company lacks the liquid funds necessary to servi
5d agoby TRD Staff
Rental MarketThe Real Deal South Florida
Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project
A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell Galbut of Miami-based Crescent Heights and Mendy Chudaitov of Lefferts, with offices in Miami and New York, plans a 15-story apartment building with 2
5d agoby Lidia Dinkova
GeneralMiami New Times
We Tracked Down the Calle Ocho Jewelers Marcello Hernández Wore at the Met Gala
One jeweler thought the SNL comedian was purchasing the piece for a baptism. “I thought he was going to be a padrino,” she told New Times.
5d agoby Celia Almeida
Rental MarketThe Real Deal South Florida
South Florida’s top deals: Grand Peaks offloads Miami apartments for $66M
🏆 Residential: Nadim Ashi’s Fort Partners had the top residential deal to hit records. The firm sold another condo at the Seaway at The Surf Club North at 9165 Collins Avenue in Surfside for $41 million. The buyer of the 7,900-square-foot unit, a penthouse, was a trust. The transaction breaks down
5d agoby TRD Staff
GeneralMiami New Times
San Diego’s Cult-Favorite Taco Spot Opens First Broward Location
San Diego’s cult-favorite taco spo has opened its first Broward location in Sawgrass with its famed tacos and burritos.
6d agoby Nicole Lopez-Alvar
Rental MarketThe Real Deal South Florida
Douglas Durst sells Palm Beach teardown for $15M
Real estate scion Douglas Durst and his wife Susanne Durst sold a teardown in Palm Beach for $14.9 million. Records show the Dursts sold the house at 1333 North Lake Way to Austin C. Willis, the CEO of the Coconut Creek-based aerospace company Willis Lease Finance Corporation.  Margit Brandt wi
6d agoby Kate Hinsche
Rental MarketThe Real Deal South Florida
Sedano’s heiress sells Pinecrest estate for $14M amid South Florida luxury boom
An heiress to the Sedano’s Supermarkets fortune sold her Pinecrest estate for $13.4 million, The Real Deal has learned.  Magaly Santana and Ernesto Santana sold the 11,500-square-foot mansion at 10101 Southwest 60th Court. Magaly’s late father, Manuel Agustin Herrán, founded the company that no
6d agoby Katherine Kallergis
Rental MarketThe Real Deal South Florida
Bowery pays $66M for Hammocks apartments amid rise of non-institutional buyers
Bowery Properties bought an apartment complex for $65.5 million, as non-institutional investors gain ground in the South Florida multifamily market.  Miami-based Bowery bought the 264-unit Cascades at the Hammocks at 10605 Hammocks Boulevard in the West Kendall neighborhood in unincorporated Mi
6d agoby Lidia Dinkova
Rental MarketThe Real Deal South Florida
Boca Raton spec mansion asking $80M poised to shatter city price record
The top luxury contract in Palm Beach County this week is a waterfront spec mansion poised to shatter the Boca Raton single-family price record.  Buyers signed 25 contracts between April 27 and May 3 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-G
6d agoby Kate Hinsche
GeneralMiami New Times
WalletHub Ranks Miami Least Affordable City for Rentals in U.S.
Out of 182 cities, Miami ranked dead last for rental affordability.
6d agoby B. Scott McLendon
Rental MarketThe Real Deal South Florida
Inside Rishi Kapoor’s collapse: The investors, officials and insiders who could be part of his federal case
Rishi Kapoor is a long way away from the days when he wore snazzy suits, drove around town in a McLaren, hosted soirees on his yacht and dazzled investors with his vision for developing luxury condos and co-living mixed-use projects across South Florida. Since his real estate development career impl
6d agoby Francisco Alvarado
Rental MarketThe Real Deal South Florida
Condo, hotel, or condo-hotel? Singer Island Amrit resort under investigation
As legal challenges mount at the Amrit Ocean Resort on Singer Island, Riviera Beach’s police department is now investigating complaints from buyers that they were misled about their units’ eligibility for Florida’s homestead property tax exemption. Owners say they were led to believe they were buyin
6d agoby TRD Staff
Rental MarketThe Real Deal South Florida
📊 South Florida’s top deals: Cortland sells Boca Raton apartments for $240M
🏆 Residential: Fort Lauderdale claimed the top home sale recorded in South Florida. A 10,300-square-foot, oceanfront mansion at 3052 North Atlantic Boulevard traded for $26 million. An LLC managed by WeatherTech founder David MacNeil sold the property to an LLC tied to Pablo Umansky, president of U
7d agoby Mary Diduch
