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Housing Trust Group seeks to redevelop Rainbow Village public housing in Miami Overtown
News 17 hours ago
Housing Trust Group seeks to redevelop Rainbow Village public housing in Miami Overtown

Housing Trust Group (HTG) is seeking a deal to redevelop a public housing property in Miami's Overtown neighborhood. The developer plans to build...

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What retailers should be doing right now in response to the coronavirus
News 1 day ago
What retailers should be doing right now in response to the coronavirus

Already, the coronavirus has taught retailers one important lesson: if you didn't have an omni-channel strategy before, now is the time to...

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IP Capital raises $51M for Florida commercial real estate fund
News 1 day ago
IP Capital raises $51M for Florida commercial real estate fund

When Boca Raton-based IP Capital began raising money in October for its third commercial real estate fund focused on Florida, all signs in the...

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It'Sugar will not pay landlords as it shutters all locations, furloughs employees
News 3 days ago
It'Sugar will not pay landlords as it shutters all locations, furloughs employees

Candy retail chain It'Sugar said will not make rent payments to its many landlords in the coming months, which could result in permanent store...

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Related Group, Shoma sell Flats apartments at CityPlace Doral to Harbor Group International
News 3 days ago
Related Group, Shoma sell Flats apartments at CityPlace Doral to Harbor Group International

The Related Group, PGIM Real Estate and Shoma Group sold the Flats at CityPlace Doral apartment complex for $100 million. The 303 apartments at...

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Mega project in Hallandale Beach moving forward with sales
News 3 days ago
Mega project in Hallandale Beach moving forward with sales

The Oasis Hallandale mixed-use project is moving forward with sales of its commercial space as it prepares to launch condo sales. The developer,...

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Reports: Whole Foods workers plan strike over coronavirus concerns
News 3 days ago
Reports: Whole Foods workers plan strike over coronavirus concerns

Workers at Whole Foods Market are planning to strike on March 31, according to multiple media outlets. The workers plan a nationwide "sick-out,"...

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Owner of Dolphin Mall and The Gardens Mall tells tenants they still have to pay April rent
News 4 days ago
Owner of Dolphin Mall and The Gardens Mall tells tenants they still have to pay April rent

Retailers at the Dolphin Mall in Sweetwater and The Gardens Mall in Palm Beach Gardens have been informed they still must pay April rent amid the...

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As industry pleads for 'second' stimulus, South Florida hotels stare down $5.2B in potential loan defaults
News 4 days ago
As industry pleads for 'second' stimulus, South Florida hotels stare down $5.2B in potential loan defaults

The hotel industry is warning it will default on at least $86 billion in collateralized loans within the next several months and deliver another...

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Owner of commercial buildings in town of Palm Beach files Chapter 11
News 4 days ago
Owner of commercial buildings in town of Palm Beach files Chapter 11

A company that owns three commercial buildings in the wealthy town of Palm Beach filed for Chapter 11 bankruptcy reorganization to place a hold on...

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Publix says it will waive rent in the shopping centers it owns
News 5 days ago
Publix says it will waive rent in the shopping centers it owns

Publix Super Markets Inc. says it will offer rent relief to businesses that rent space in the shopping centers the grocer owns throughout the...

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Florida a top market for growth in electric vehicle charging
News 5 days ago
Florida a top market for growth in electric vehicle charging

Florida is one of the most popular states for road trips, and electric vehicle owners are quickly joining the pack. Whether heading across the...

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Miami-ara real estate projects in the pipeline for the week of March 20, 2020
News 1 week ago
Miami-ara real estate projects in the pipeline for the week of March 20, 2020

Grupo Eco is seeking approval for the third phase of Atlantic Village in Hallandale Beach with a mix of shops, restaurants and offices. The first...

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Weingarten Realty Investors buys Village Green Center in Wellington
News 2 weeks ago
Weingarten Realty Investors buys Village Green Center in Wellington

Village Green Center, a Wellington shopping center anchored by Trader Joe's, was sold for $35.5 million. W & W V LLC, managed by James J. Ward III...

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Shoma Group could redevelop Deel Volvo site in Miami into apartments
News 2 weeks ago
Shoma Group could redevelop Deel Volvo site in Miami into apartments

Shoma Group could redevelop an auto dealership site near the Douglas Road Metrorail Station in Miami into a two-tower apartment project. The Doral...

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Executive Profile: Location Ventures' Rishi Kapoor on how to successfully raise capital
News 2 weeks ago
Executive Profile: Location Ventures' Rishi Kapoor on how to successfully raise capital

Editor's Note: Executive Profiles offer insights into the management styles, hobbies and inspirations of the South Florida's c-suite. These Q&A's...

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Douglas L. Sacks of Goldman Sachs buys condo in Eighty Seven Park in Miami Beach
News 2 weeks ago
Douglas L. Sacks of Goldman Sachs buys condo in Eighty Seven Park in Miami Beach

Douglas L. Sacks, a longtime managing director at Goldman Sachs, and wife Patricia R. Sacks, paid $11.66 million for a condo in the new Eighty...

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Protea Capital Partners could build assisted living facility in Palm Beach County
News 2 weeks ago
Protea Capital Partners could build assisted living facility in Palm Beach County

A California senior living developer has a vacant property west of Boca Raton under contract, but it's waiting on approvals from county officials...

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Greenfield Group sells Boca Raton medical office to AW Property Management
News 2 weeks ago
Greenfield Group sells Boca Raton medical office to AW Property Management

A medical office building in Boca Raton that lists Boca Raton Regional Hospital as a tenant sold for $34 million. The property last traded for $7...

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CORE Investment Management buys Palmetto Plaza shopping center in Miami Gardens
News 2 weeks ago
CORE Investment Management buys Palmetto Plaza shopping center in Miami Gardens

The Palmetto Plaza shopping center in Miami Gardens sold for $33 million. CLR Palmetto LLC, managed by Charlie Manuel of Rand Real Estate, sold the...

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Wife of former Domino's Pizza CEO buys Eighty-Seven Park condo in Miami Beach
News 2 weeks ago
Wife of former Domino's Pizza CEO buys Eighty-Seven Park condo in Miami Beach

A trust in the name of Teresita "Techy" Rodriguez-Doyle, the wife of former Domino's Pizza CEO Patrick Doyle, paid $11.45 million for a condo in...

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Third phase of Atlantic Village in Hallandale Beach would have shops, offices
News 2 weeks ago
Third phase of Atlantic Village in Hallandale Beach would have shops, offices

Grupo Eco is seeking approval for the third phase of Atlantic Village in Hallandale Beach with a mix of shops, restaurants and offices. The first...

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Publix, Walmart and Winn-Dixie among retailers temporarily cutting hours during coronavirus outbreak
News 2 weeks ago
Publix, Walmart and Winn-Dixie among retailers temporarily cutting hours during coronavirus outbreak

Florida's biggest grocers have cut their operating hours during the coronavirus outbreak to manage their response to increased demand for food and...

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South Florida real estate projects in the pipeline for the week of March 13
News 2 weeks ago
South Florida real estate projects in the pipeline for the week of March 13

Providence One Partners wants to build an assisted living facility at Pembroke Pines City Center. The city agreed to sell 3.15 acres on the west...

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How to nominate your company for the 2020 Coolest Offices contest
News 2 weeks ago
How to nominate your company for the 2020 Coolest Offices contest

Companies across South Florida have made major investments in their office spaces to impress clients, attract new employees and retain top talent....

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Azure Development breaks ground on Addison Medical Centre medical office in Delray Beach
News 2 weeks ago
Azure Development breaks ground on Addison Medical Centre medical office in Delray Beach

Azure Development has broken ground on a medical office building west of Delray Beach. Addison Medical Centre will total 24,000 square feet in two...

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Coronavirus is already disrupting commercial real estate activity
News 3 weeks ago
Coronavirus is already disrupting commercial real estate activity

Across the country, the coronavirus outbreak is beginning to affect real estate decision-making with the greatest impact to commercial property...

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Costa Hollywood Beach Resort could be sold in bankruptcy auction
News 3 weeks ago
Costa Hollywood Beach Resort could be sold in bankruptcy auction

The developer of the Costa Hollywood Beach condo-hotel could sell the property out of a bankruptcy auction. Costa Hollywood Property Owner LLC...

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What an economic downturn from coronavirus could mean for your favorite restaurant
News 3 weeks ago
What an economic downturn from coronavirus could mean for your favorite restaurant

The sharp decline expected in tourism will likely result in massive losses for South Florida restaurants and hospitality-focused retailers,...

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Starwood Capital buys Villa Biscayne apartments in Miami from Lakeside Capital Advisors
News 3 weeks ago
Starwood Capital buys Villa Biscayne apartments in Miami from Lakeside Capital Advisors

Starwood Capital Group bought the Villa Biscayne Apartments in the Leisure City area of south Miami-Dade County for $28.45 million. LCA Villa...

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