News

This year’s office investment sales in South Florida were squarely in line with market trends. The biggest deal was in Miami’s booming Brickell Financial District, while properties in the suburbs traded at a discount amid an elevated interest rate environment.  In the leasing frenzy of the past four years, Brickell was a top choice among

South Florida condo sales and dollar volume nosedived in November.    Single-family home sales in Broward and Palm Beach Counties also took a hit, according to Multiple Listing Service data collected by the Miami Association of Realtors. Total dollar volume reached $3.5 billion, the same total as November of last year.    Median sale prices

After a decade of owning a development site on the eastern end of the Miami Design District, Helm Equities submitted plans for a $500 million mixed-use project that would use the state’s Live Local Act.  Helm Equities, an affiliate of New York-based JEMB Realty, plans a two-building project with 162 branded condos, 116 rental apartments,

BAM Property Development won approval for a 257-unit multifamily development in Fort Lauderdale’s Flagler Village area. The Fort Lauderdale City Commission unanimously approved the site plan Tuesday and conditioned its approval on the firm making a $2.6 million payment to the city in lieu of an affordable housing development. New York-based BAM, led by Mayer

Stiles bought a shopping center in Wilton Manors for $27.6 million, but it won’t pursue the seller’s previous plan to redevelop a portion of the site with an apartment building.  Fort Lauderdale-based Stiles bought the Shoppes of Wilton Manors at 2200-2292 Wilton Drive from an entity linked to Coconut Grove-based Grass River Property, according to