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Daily Business Review

New CRE Firm Launches in Doral Focusing on National Cold Storage Market

The firm aims to focus on tenant, landlord and investment representation and the research and analysis of industrial dry and cold storage investments.
3 minute read

Daily Business Review

North Miami Beach Condo Is Now Designated for EB-5 Program as Foreign Investor Demand Rises

"Timing could not be riper to introduce the project as an investment vehicle and provide a new avenue to reach a diverse pool of investors," said Edgardo Defortuna, president and CEO of Fortune International Group.
3 minute read

Daily Business Review

There's Now a Credit-Scoring Platform for Buying Luxury Real Estate With Crypto

"A buyer today may be concerned with placing a crypto offer, given recent volatility, but similar to the way home buyers use other services to evaluate their buying power or mortgage monthly payments, our prospective clients can use their RealScore to get a better idea of what they can afford," said Christian Dumontet, RealOpen founder and CEO.
3 minute read

Daily Business Review

'Small, Bad Decisions Sometimes Lead to Big Litigation': Holland & Knight Teams with Legal Aid for Housing Act Win

"We are still collecting the data but will seek six figures in attorney fees," said Matthew Zimmerman, a partner in Holland & Knight's West Palm Beach office. "We would like to donate any recovery to Legal Aid Society of Palm Beach County to support its important work."
4 minute read

Daily Business Review

Trial Court Erred by Blocking Amendment in Transaction Dispute With Developer, Appeals Court Rules

"Although not a complete victory, the panel did what was right to prevent a windfall," said the appellant's legal team in a joint statement.
4 minute read

Daily Business Review

Mary Brickell Village Sells: Vertical Development Is Likely

The buyer said in a press release that Mary Brickell Village "provides for compelling value-creation opportunities as the site's zoning allows for the potential to develop up to 80 stories or 4.1 million square feet which could consist of residential, office and hospitality."
3 minute read

Daily Business Review

'Very Telling': South Florida Developers Are Noticing Big Changes in Residents' Needs

Harvey Hernandez, co-founder and CEO of Newgard Development Group, said none of his buyers at LOFTY Brickell have opted out of furnished units.
3 minute read

Daily Business Review

Macken Companies Secures $16.5M Construction Loan for Luxury Community in North Miami Beach

"LV Lending has been a terrific financial partner to us," said developer Alan Macken, principal of Macken Cos. in a press release. "We appreciate their enthusiasm and confidence in our execution to ensure its success. We look forward to delivering this beautiful community to our buyers and the City of North Miami Beach."
2 minute read

Daily Business Review

Developers of 830 Brickell Break Ground on South Florida Apartment Building

"As South Florida continues to attract world-leading companies, we anticipate a sustained demand for high-quality housing to host its growing talent," said Jonathan Goldstein, CEO of Cain International.
2 minute read

Daily Business Review

Colombian Buyers Are Eyeing South Florida Condos After Leftist Gustavo Petro's Election

"Whenever there is political turmoil in South America, that usually means that they want to get their money out and they usually look to South Florida to put their money," said Nick Perez, senior vice president of Related Group in Miami.
3 minute read

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