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HomeMiamiNews

Miami Housing News

Latest news on Miami rentals, tenant rights, and housing policy

AllRental MarketTenant RightsData & InsightsGuidesGeneral
Rental MarketThe Real Deal South Florida

The Weekly Dirt: Implosion of Mandarin Hotel on Brickell Key closes a chapter in Miami

A team of engineers, contractors and construction workers imploded the former Mandarin Hotel in Miami on Sunday morning.  The demolition by explosives of the iconic Brickell Key property is reflective of the city’s new development market, where developers are working on dozens of new, glossy lu

5h agoby TRD Staff
Thumbnail for The Weekly Dirt: Implosion of Mandarin Hotel on Brickell Key closes a chapter in Miami
Rental MarketThe Real Deal South Florida

North Miami Beach condo board member arrested in $21K kickback scheme

A homeowner and longtime board member of a North Miami Beach condominium was arrested after investigators say she pocketed thousands of dollars in kickbacks tied to building contracts. Maria Del Carmen Alvarez-Concepcion was taken into custody this week, facing charges of organized fraud, second-deg

1d agoby TRD Staff
Thumbnail for North Miami Beach condo board member arrested in $21K kickback scheme
Rental MarketThe Real Deal South Florida

Kenco cashes in on Palm Beach Gardens homesites for $107M as home prices dip

Some of the region’s most prolific homebuilders dropped a combined $107.4 million on homesites in the master-planned Avenir community in Palm Beach Gardens. Misha Ezratti’s GL Homes paid $28.1 million for 42 sites at the planned Orchid Isles, a planned single-family community development within Aven

2d agoby Kate Hinsche
Thumbnail for Kenco cashes in on Palm Beach Gardens homesites for $107M as home prices dip
Rental MarketThe Real Deal South Florida

Joe Lubeck buys Palm Beach Gardens Embassy Suites, land for $40M

Joe Lubeck expanded his personal portfolio by dropping $40 million for a Palm Beach Gardens hotel and 4 adjacent acres. Lubeck, CEO of Tampa-based American Landmark Apartments, and a group of local partners acquired the Embassy Suites by Hilton Palm Beach Gardens, a 160-key property at 4350 PGA Boul

2d agoby Francisco Alvarado
Thumbnail for Joe Lubeck buys Palm Beach Gardens Embassy Suites, land for $40M
Rental MarketThe Real Deal South Florida

Related Group, BH plan Rosewood Residences in West Palm Beach

Rosewood Hotels & Resorts is adding one more property to its portfolio in South Florida.  The hotel group is branding Related Group and BH Group’s planned condo tower at 2001 North Flagler Drive in West Palm Beach, adding to the pipeline of branded residences in the city and throughout the

2d agoby Katherine Kallergis
Thumbnail for Related Group, BH plan Rosewood Residences in West Palm Beach
Rental MarketThe Real Deal South Florida

Nu Stadium opening kicks Miami Freedom Park development into play. Here’s what’s next

Nu Stadium’s opening last weekend was the most visible milestone yet for Miami Freedom Park, but not without some drama.  Inter Miami didn’t secure a temporary certificate of occupancy for the 26,700-seat venue, which was built with a $450 million construction loan, before the game started. The

2d agoby Francisco Alvarado
Thumbnail for Nu Stadium opening kicks Miami Freedom Park development into play. Here’s what’s next
Rental MarketThe Real Deal South Florida

South Florida’s top deals: Palm Beach Gardens manse trades for $14M

🏆 Residential: On the residential side, the most expensive home sale was in Palm Beach Gardens, where a 9,800-square-foot mansion at 12218 Tillinghast Circle traded for $14 million. The seller, a trust linked to David C. Chung, bought the property in 2021 for $8.2 million. The buyer was a company m

2d agoby Mary Diduch
Thumbnail for South Florida’s top deals: Palm Beach Gardens manse trades for $14M
Rental MarketThe Real Deal South Florida

“Fiefdom” in Sunny Isles: J Milton, affiliates sued over alleged grip on condo association

J. Milton & Associates and its affiliates asserted illegal dominion over a two-building Sunny Isles Beach condo complex, holding a grip on the association “as if it were their fiefdom,” a lawsuit says.  The Parque Towers Condominium Association sued J. Milton, Joseph Milton and their Parque

2d agoby Lidia Dinkova
Thumbnail for “Fiefdom” in Sunny Isles: J Milton, affiliates sued over alleged grip on condo association
Rental MarketThe Real Deal South Florida

Incitatus plays hardball with $1M ruling against Adler, seeks foreclosure on Miami site

Incitatus Real Estate is going hard in its attempt to collect a month-old $1.2 million judgment against Miami-based Adler Group.  The New York-based brokerage, led by Alan Ballinger, filed a foreclosure complaint in Miami-Dade Circuit Court Tuesday against an Adler affiliate that owns two devel

3d agoby Francisco Alvarado
Thumbnail for Incitatus plays hardball with $1M ruling against Adler, seeks foreclosure on Miami site
Rental MarketThe Real Deal South Florida

Why South Florida commercial real estate deal flow has chilled

Ben Mandell is biding his time.  Over the past three or four years, his firm purchased one property, and it was a distressed deal. Although the real estate industry expected a more favorable investment market this year, those hopes were crushed.  “A lot of people seeing the macro market no

3d agoby Lidia Dinkova, Francisco Alvarado
Thumbnail for Why South Florida commercial real estate deal flow has chilled
Rental MarketThe Real Deal South Florida

Steve Ross’ next West Palm Beach condo spawns from Wexford, 13th Floor, L&L partnership

Billionaire Related Ross chairman Steve Ross is planning his fourth condo project in West Palm Beach. The news comes on the heels of Ross launching sales for his third planned condo tower, Edgeworth, last month. The yet-to-be-named fourth tower is slated for a 2.2-acre site on South Dixie Highway, t

3d agoby Kate Hinsche
Thumbnail for Steve Ross’ next West Palm Beach condo spawns from Wexford, 13th Floor, L&L partnership
Rental MarketThe Real Deal South Florida

Price revealed: Billionaire Jeff Greene selling West Palm site to Terra, partner for over $90M

Billionaire developer Jeff Greene is selling a waterfront site in downtown West Palm Beach to David Martin’s Terra and partners, who include BH Group, for more than $90 million, sources told The Real Deal.  Greene is under contract to sell the 1.6-acre assemblage at 2023 Flagler Drive, a triang

3d agoby Katherine Kallergis
Thumbnail for Price revealed: Billionaire Jeff Greene selling West Palm site to Terra, partner for over $90M
Rental MarketThe Real Deal South Florida

South Florida’s top deals: Sterling offloads Broward retail at 24% gain

🏆 Commercial: The top commercial sale to hit records in South Florida was in Coral Springs and Margate, where the Sterling Organization, based in West Palm Beach, offloaded an Aldi-anchored retail center for $46.3 million. The addresses of the complex are: 3200-3470 Northwest 62nd Avenue in Margate

3d agoby Mary Diduch
Thumbnail for South Florida’s top deals: Sterling offloads Broward retail at 24% gain
Rental MarketThe Real Deal South Florida

South Florida’s top deals: Welltower drops $87M on Lake Worth facility

🏆 Commercial: The top commercial sale to hit records in South Florida was in Lake Worth, where a 377-unit assisted living facility at 9130 Hypoluxo Road traded for $87.2 million. The property spans more than 366,000 square feet and sits on a 22.5-acre site; it last sold in 2024 for $63.8 million. I

3d agoby Mary Diduch
Thumbnail for South Florida’s top deals: Welltower drops $87M on Lake Worth facility
Rental MarketThe Real Deal South Florida

Here’s where Michael Stern’s Miami projects stand amid $100M foreclosure suit

Michael Stern’s JDS Development Group is navigating market headwinds in Miami, where the firm is focusing on a pair of ambitious Brickell skyscrapers.  After handing over control of his 1250 West Avenue project to a competitor, developer David Martin, Stern’s South Florida holdings have narrowe

3d agoby Katherine Kallergis
Thumbnail for Here’s where Michael Stern’s Miami projects stand amid $100M foreclosure suit
Rental MarketThe Real Deal South Florida

Bear’s Club spec estate asking $39M leads luxury contracts

A spec estate in Jupiter’s exclusive Bear’s Club golf community asking $39 million was the most expensive home in Palm Beach County to go pending last week. Buyers signed 26 contracts between March 30 and April 5 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes

4d agoby Kate Hinsche
Thumbnail for Bear’s Club spec estate asking $39M leads luxury contracts
Rental MarketThe Real Deal South Florida

Houston Rockets’ Jeff Green sells Pinecrest mansion for $16M

NBA player Jeff Green sold his Pinecrest mansion for $15.5 million, The Real Deal has learned.  Green and his wife, Stephanie, sold the seven-bedroom, six-and-a-half-bathroom home at 9500 Southwest 61st Court, according to property records and the listing. The 10,400-square-foot estate was on t

4d agoby Katherine Kallergis
Thumbnail for Houston Rockets’ Jeff Green sells Pinecrest mansion for $16M
Rental MarketThe Real Deal South Florida

Nuveen drops $46M on Aldi-anchored center amid grocery spree

Nuveen Real Estate is jumping into South Florida’s grocery-anchored shopping center game with a recent $46.3 million purchase in Broward County that is part of the firm’s broader strategy focused on neighborhood retail properties.  An affiliate of Chicago-based Nuveen, led by Bill Huffman, boug

4d agoby Francisco Alvarado
Thumbnail for Nuveen drops $46M on Aldi-anchored center amid grocery spree
Rental MarketThe Real Deal South Florida

Waterfront Palm Beach estate sells for $55M amid demand for turnkey mansions

Gary Smith, the former COO of Red Bull, and his wife, Kaylnn Smith, bought a waterfront mansion in Palm Beach for $55.2 million. Records show the couple bought the house at 1610 North Ocean Boulevard from Bryan and Serena Mattson. Margit Brandt with Premier Estate Properties had the listing, and Tod

4d agoby Kate Hinsche
Thumbnail for Waterfront Palm Beach estate sells for $55M amid demand for turnkey mansions
Rental MarketThe Real Deal South Florida

Moxies, Industrious part of $56M leasing spree in Miracle Mile

Moxies and Industrious joined the leasing parade to Coral Gables, where 100,000 square feet of space was leased recently on the city’s Miracle Mile and Alhambra Circle, The Real Deal has learned. The rush to Coral Gables, which includes seventeen recent leasing deals across several of Terranova Corp

4d agoby Lidia Dinkova
Thumbnail for Moxies, Industrious part of $56M leasing spree in Miracle Mile

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