Miami
Archstone Buys Land for New 378-Unit Apartment Community in Boca Raton
By Georgiana Mihaila, Associate Editor
Archstone plans to expand its South Florida presence by building a new 378-unit apartment community on a newly-acquired 5.78-acre development site in Boca Raton.
Situated within walking distance from the upscale, mixed-use Mizner Park in downtown Boca Raton, the apartment community will benefit from access to high-end shopping, dining and entertainment opportunities. […]
Flagler Station Sold to AEW Capital for $340M
By Georgiana Mihaila, Associate Editor
Less than three months ago, TPG Capital’s intent of buying Flagler Development’s 12 million-square-foot portfolio of developed assets for over $1 billion was one of South Florida’s biggest commercial real estate news stories. Yet last month, […]
Newgard Hires JMAF as General Contractor for BrickellHouse
By Georgiana Mihaila, Associate Editor
John Moriarty & Associates of Florida has been selected by Newgard Development Group to serve as general contractor for the developer’s 374-unit luxury condominium tower—BrickellHouse. “JMAF’s industry expertise will ensure that we meet our 2014 completion […]
New Cambria Suites Hotel Breaks Ground in Miami
By Georgiana Mihaila, Associate Editor
Miami is one step closer to getting a brand new Cambria Suites hotel. SunflowerHospitality, Delant Construction and Choice Hotels International celebrated the official groundbreaking of the new Miami hotel on March 28 during an on-site ceremony […]
Downtown Miami Defies National Trend with Residential Occupancy Up to 93 Percent
By Georgiana Mihaila, Associate Editor
Less than three years ago, tens of thousands of condo units built during the 2002-2008 boom sat empty in downtown Miami. Yet what was arguably the worst real estate market in the country following the crash […]
Swire Properties Moves Forward with Large Brickell CitiCentre Project
By Georgiana Mihaila, Associate Editor
Developer Swire Properties is currently testing and preparing the site where its mega-project Brickell CitiCentre will soon begin to rise. The South Florida Business Journal reports the developer has received a $140 million credit by HSBC […]
Premier South Florida Oceanfront Site Slated for Development
 By Georgiana Mihaila, Associate Editor
Aventura-based Shefaor Development is scouting the market for potential buyers or joint-venture partners to aid in the development of a 1.6-acre site between Bal Harbour and Fort Lauderdale. Marketed as one of the last premier oceanfront […]
Related Buys 33-acre Site for New Multifamily Community
By Georgiana Mihaila, Associate Editor
Related Development is one step closer to building its newest rental community in West Miami-Dade, as the residential developer recently purchased a 33-acre site for $20.5 million. The property, located at the junction of Northwest 97th Avenue […]
BrickellHouse Leads Miami’s Next Wave of Condo Development
By Georgiana Mihaila, Associate Editor
Less than four months since launching, BrickellHouse has managed to sell 50 percent of its future 374 units of condo space near downtown Miami. The fast-paced sales activity is being driven by international, cash-heavy buyers from […]
Miami Heart Institute Trades Owners, Awaits Resolution
By Georgiana Mihaila, Associate Editor
Holliday Fenoglio Fowler recently announced the successful sale of the Miami Heart Institute to Lionheart Capital after years of scouting for a potential buyer. No financial details have been disclosed, but seller Mount Sinai Medical Center […]