Big Pine Key
Big Pine Key, FL · Real Estate
wlrn.org
hoodline.com
Miami Herald
Landmark InterContinental hotel in Miami was just sold. ‘Great real estate'
A landmark downtown Miami hotel best known for the neon Big Orange on New Year’s Eve and for hosting Super Bowl and college football teams has been sold to an investment firm that owns the plush Ritz-Carlton Key Biscayne. Real estate development company Gencom said on Friday that it has purchased the InterContinental Miami, the waterfront 34-story hotel that stands where Biscayne Bay and the Miami River meet and at the southern flank of Bayfront Park. Gencom teamed up with Miami-based White Bridge Capital to buy the 652-room downtown landmark at 100 Chopin Plaza, a short walk to Brickell just to the south. In the other direction, it’s an easy stroll to Kaseya Center or the Pérez Art Museum. PortMiami is a short drive as is Wynwood and Midtown. Strategic Hotels & Resorts sold the hotel. The price wasn’t disclosed. Alessandro Colantonio, chief investment officer at Gencom, said in an interview with the Miami Herald on Friday that his company has no plans to make major changes to its newest hotel, which was built in 1982 as downtown was undergoing a renaissance. The number of rooms will stay the same, he said, and the InterContinental Miami will continue to be
connectcre.com
Gencom Buys Intercontinental Miami for $300M
Gencom, with White Bridge Capital, acquired the iconic InterContinental Miami, a 652-room waterfront hotel for $300 million (Bloomberg). The 34-story hotel is situated at 100 Chopin Plaza. It has a prominent waterfront location in the heart of Miami’s business and cultural center. Strategic Hotels and Resorts was the seller.
thecolumbusceo.com
Holiday Season Is the Best Time for Homebuyers to Score a Deal in These 7 U.S. Metros
Early November is the best time for homebuyers to score a bargain in Milwaukee, Riverside, CA and Tampa, FL, according to a new report from Redfin, the real estate brokerage powered by Rocket. In Detroit and three Florida metros—Fort Lauderdale, Miami and West Palm Beach—house hunters may benefit from holding...
southfloridaagentmagazine.com
Faena Residences Miami lands largest condo construction loan in Florida history
TYKO Capital just provided developers Fortune International Group and KAR Properties with Florida’s largest ever condominium construction loan for their Faena Residences Miami project. The $817 million financing will be used to complete the twin-tower development, which is expected to open on the Miami River in early 2030. “We...
floridayimby.com
floridayimby.com
hoodline.com
Raffles Plants Flag in Coconut Grove With 35 Homes Starting at $4.5 Million
Luxury hotelier Raffles is trading room keys for deeds, launching its first standalone residential building with 35 waterfront homes starting at $4.5 million in Coconut Grove, Miami. Sales officially launch Thursday through Douglas Elliman Development Marketing, placing the project squarely in a neighborhood Fortune has called a billionaire enclave. A...
connectcre.com
Click10.com
connectcre.com
Urban Edge Pays $90.3M for 140K-SF Boca Raton Retail Center
Urban Edge Properties acquired Regency Court, a premier 140,000-square-foot grocery-anchored shopping center in Boca Raton, Florida, for a purchase price of $90.3 million. Invesco was the seller. The property is anchored by Publix and Walgreens. Urban Edge underwrote the acquisition based on rent-growth opportunities rather than the approximately 4% going-in...
islandernews.com
Miami ranks third in US for millionaire renters
With generous tax breaks, a growing financial technology scene, and year-round sunshine, Miami is among the metros growing fastest in demand for millionaire renters. According to a recent study by RentCafe.com, many of the nation’s wealthy are opting to rent. Their data shows that millionaire renter households have grown about three times as fast as millionaire homeowners from 2020 to 2024.