David and Victoria Beckham expand Miami presence with $80M waterfront mansion on North Bay Road

27 September 2024

David and Victoria Beckham are strengthening their South Florida ties by acquiring a luxury waterfront mansion at 4736 North Bay Road in Miami Beach, currently listed for $80 million. The celebrity couple, known for their real estate ventures and high-profile […]

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South Florida agents navigate NAR changes

13 September 2024

South Florida Agents Navigate NAR Changes South Florida agents are adjusting to new rules from the National Association of Realtors (NAR) requiring buyers to sign broker agreements before touring properties. Some prospective buyers are reluctant to sign these agreements early […]

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New details and renderings unveiled for Ken Griffin’s $1 Billion supertall tower in Miami

30 August 2024

Billionaire hedge fund manager Ken Griffin is planning a major development in Miami’s Brickell neighborhood, following his $670 million investment in land in 2022. Detailed plans were recently submitted for a 1,032-foot, 54-story mixed-use tower at 1201 Brickell Bay Drive, […]

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The potential impact of Miami’s condo-hotel pipeline delivery

9 August 2024

The Miami condo-hotel market is experiencing a resurgence, with developers eagerly launching new projects to meet growing demand, particularly from foreign buyers. These condo-hotels appeal to investors by offering dual benefits: personal use and the ability to generate income through […]

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Gale Miami Hotel & Residences: A New Landmark in Downtown Miami

26 July 2024

The Galbut family, through their affiliate GFO Investments, has completed the Gale Miami Hotel & Residences, a 51-story short-term rental condominium and hotel tower located at 601 Northeast First Avenue in downtown Miami. The development, managed by Sixth Street Miami […]

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North Miami approves Redwood’s 2,200-unit apartment project at Claude Pepper Park, adjacent land

19 July 2024

Redwood Dev Co obtained approval for a 2,193-unit residential complex in North Miami, one of the largest projects in the city’s western region. The North Miami City Council unanimously voted to approve eight 18-story buildings, 121,500 square feet of commercial […]

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Gov. Ron DeSantis signs bill on condo-hotel power balance

28 June 2024

Gov. Ron DeSantis has signed House Bill 1021, addressing the power balance between residents and investors at condo-hotel complexes. Effective July 1, this new law aims to combat fraud, election meddling, and mismanagement within condo associations. A last-minute addition to […]

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Back to the voters: Jungle Island owner proposing condo project with Terra

14 June 2024

Jungle Island David Martin’s Terra is partnering with ESJ Capital Partners, the owner of Jungle Island, to propose a residential condo project on Miami’s Watson Island. This proposal requires voter approval and includes purchasing 5 acres of city land for […]

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South Florida developers turn to condo conversions

7 June 2024

Right Time for PMG’s Move Two years ago, PMG decided to convert its planned rental tower, Society Biscayne, into The Elser Hotel & Residences in downtown Miami, driven by high condo demand. Ryan Shear, PMG’s managing partner, noted the scarcity […]

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