Lighthouse Point
Lighthouse Point, FL · Real Estate
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.
NBC Miami
Miami office market evolves as companies seek luxury, amenities and location
South Florida has attracted thousands of new residents in recent years. But as people and businesses move to the region, what kinds of office spaces are they choosing?. In Miami, the answer increasingly depends not only on location and price, but on the experience an office building can provide. Cyril...
floridayimby.com
27 Single-Family Homes Undergo Construction at 11368 Polo Park Trail, Wellington, Florida
A New York-based firm has secured financing for a luxury residential development in Palm Beach County. Farrell Florida Wellington Owner LLC is proceeding with Farrell Estates Wellington, which will feature 27 single-family homes within the larger Palm Beach Polo and Country Club community. Homes will measure two stories above grade and host anywhere from five to eight bedrooms, depending on the floorplan. The largest units are capped at 8,900 square feet. Our sources report that homes are currently priced from $6 million.
hoodline.com
Homestead Nonprofit Plans 100-Unit Affordable Housing Tower Behind Its Own Building
2000 NW 3rd Ave. — Approximate Site of Affordable Housing Effort. A Homestead nonprofit that has spent three decades helping struggling families is now trying to solve their biggest problem itself: housing. Touching Miami with Love is planning a five-story development with 100 affordable housing units on unused land behind its existing building, a project meant to keep the working families it already serves from being priced out of their own neighborhood.
Fortune
Coconut Grove is Miami’s billionaire enclave, drawing Larry Page and Ken Griffin. Now luxury hotelier Raffles is building 35 homes there from $4.5M
In an exclusive announcement to Fortune, Raffles unveiled its first standalone residential building—35 waterfront homes in Miami’s most sought-after neighborhood for the ultrawealthy.