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Daily Business Review

Historic $210 Million Luxury Development Loan Is Paid as South Florida's Hospitality Sector Recovers

It's the largest construction loan in Fort Lauderdale history.
2 minute read

Daily Business Review

Brickell Condo Tower Offering Free NFT With Every Unit

It will be the first condo in South Florida that will commission and display an NFT collection throughout the building, and also the first time unit owners receive an NFT with the purchase of their home.
3 minute read

Daily Business Review

EcoPlex in West Palm Beach Sells for $32.5 Million

"West Palm Beach has emerged as one of the premier office locations in the United States and EcoPlex provides its tenants with outstanding access to all the area has to offer, " MHCREF principals Neil Merin, Dung Lam, and Jordan Paul said in a joint statement.
3 minute read

Daily Business Review

This $300M Plywood Safety Dispute Could 'Send Shockwaves' Through Construction Market

"If the plaintiffs are successful at trial, this case will send shockwaves through an already volatile lumber market that has seen a 200% rise in prices since 2021," one construction law expert said.
5 minute read

Daily Business Review

As Florida Lawmakers Fail to Agree on Condo Safety After Surfside, 'the Free Market Is Acting'

"Since the legislature did not act, the free market is acting."
6 minute read

Daily Business Review

Coral Gables Company Plans Mixed-Use Project for $5.5 Million Property

The sale price reflects a 470% increase in property value, as Limestone Asset Management bought the property eight years ago for $960,000.
2 minute read

Daily Business Review

Investors Capitalizing on South Florida's Growth With New Deals

"Avid recognized an opportunity to capitalize on this growth with a rare value-add opportunity at this in-fill location at 1601 Hill Ave.," said Dominic Montazemi, executive managing director at Cushman & Wakefield.
3 minute read

Daily Business Review

Major Insurance Company Signs 830 Brickell Lease

About 46% of Miami-Dade County's registered investment advisors are along a one-mile stretch of Brickell Avenue, in what Ryan Holtzman in Cushman & Wakefield's Miami office says cement the boulevard's brand as "Wall Street of the South."
2 minute read

Daily Business Review

Miami Is Now the 4th Most Expensive Rental Market in the Country

Zumper's March report shows a median one-bedroom hit an all-time high of $1,400, or a 2.5 percent increase for the year.
3 minute read

Daily Business Review

Miami Home Price Increases Among Highest Recorded This Year

The 1.6% boost in January home prices is part of a 19.2% year-over-year increase.
3 minute read

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