Robert A.M. Stern died last week at the age of 86, leaving behind the legacy of a 60-year career designing schools, libraries, museums, and, most notably, condos. The founder of Robert A.M. Stern Architects (RAMSA) built a career out of making new things that feel old. He is best known for his prewar inspired works … Read more
Prologis lightened its South Florida industrial portfolio after selling three Broward County warehouses for $53.1 million. An affiliate of Arnet Pharmaceuticals, led by CEO Jose Tabacinic, acquired the industrial complex at 2501 to 2555 Davie Road in Davie from San Francisco-based Prologis, led by CEO Hamid Moghadam, records show. The buyer partially financed the purchase … Read more
A penthouse at Murano Grande in South Beach led a slow week of new signed contracts in Miami-Dade County. The pending deal for the nearly $15 million condo marks the most expensive of 11 contracts signed in Miami-Dade between Nov. 24 and Nov. 30, according to the latest Eklund-Gomes report. It tracks listings of homes … Read more
The last couple of years have been rough on developer Brian Tuttle. In December 2023, faced with a maturity date on three loans totaling $38.4 million secured by a Royal Palm Beach development site, Tuttle was on the hunt for new lenders to refinance the debt, and new equity partners that could provide capital to … Read more
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Last month, it was a house strapped to a skyward rocket, (with a poor real estate agent hanging on for dear life). This month, the house is blasting into the skies all on its own. … Read more
South Florida’s residential market continued its explosive resurgence in October, reversing a monthslong slowdown. Dollar volume in Miami-Dade, Broward and Palm Beach counties rose 14 percent to $4.8 billion, compared to $4.2 billion last October, according to Multiple Listing Service data collected by the Miami Association of Realtors. Still, the tri-county region’s condo market has … Read more
Speakeasy | Miami Beach The h.wood Group is partnering with Rivani to open a speakeasy in South Beach. Los Angeles-based h.wood Group will open a 2,000-square-foot exclusive speakeasy on the third floor amenity level at The Rivani building next summer, according to a Rivani news release. The speakeasy hasn’t been named yet. Robert Rivani is … Read more
“Southern Charm” star Shep Rose has finally found The One. After living in a swanky bachelor pad in downtown Charleston, SC, and a casual beach bungalow in nearby Isle of Palms, the hit Bravo show’s resident pleasure seeker is committed to settling down in a converted schoolhouse in Sullivan’s Island that cast members call his … Read more
Nine single-family homes are on the market in South Florida asking $100 million or more. As the tri-county region’s busy season for real estate sales ramps up, sellers in the upper echelons of the market are looking to capitalize on demand for large, waterfront estates in prime neighborhoods. In the last week, three estates asking … Read more
It’s no secret that foreign investors fuel South Florida’s condo market, but a new report shows how international buyers now dominate new development sales in submarkets with significant pipelines. Across 66 condo projects in the tri-county region, foreign buyers make up 52 percent of total sales, according to a report by the Miami Association of … Read more