South Florida - The Real Deal Real Estate News
- Michael Stern’s JDS scores upzoning approval to build South Beach condo towerby Katherine Kallergis on April 25, 2025 at 9:05 pm
The Miami Beach commission granted Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development Group initial approvals on an upzoning for a planned luxury condo tower in South Beach. Commissioners unanimously passed on first reading zoning amendments that will allow the developer to build a taller and slimmer tower on the site at 1250 This article originally appeared on The Real Deal. Click here to read the full story.
- Raanan Katz jumps onboard Publix buying spree, pays $16M for Miramar siteby Francisco Alvarado on April 25, 2025 at 8:27 pm
Raanan Katz is getting in on the Publix action. His Sunny Isles Beach-based RK Centers paid $16.4 million for a Miramar shopping center anchored by the popular supermarket. An RK affiliate picked up Shoppes at Monarch Lakes at 14303 Miramar Parkway, records and real estate database Vizzda show. The deal breaks down to $247 a This article originally appeared on The Real Deal. Click here to read the full story.
- Freehold Capital pays $32M for dev site approved for 309 townhouses in south Miami-Dade by Lidia Dinkova on April 25, 2025 at 7:30 pm
Legacy Residential Group and CD Group sold a development site near Florida City for $31.6 million, scrapping their plan for 309 rental townhouses. Boston-based Freehold Capital Management bought the 50-acre land assemblage on the southeast corner of Southwest 344th Street and Southwest 199th Avenue in unincorporated Miami-Dade County, according to records. Freehold Capital borrowed $11.6 This article originally appeared on The Real Deal. Click here to read the full story.
- Patrick Carroll agrees to mental health program in LA criminal caseby Francisco Alvarado on April 25, 2025 at 6:37 pm
Patrick Carroll will undergo mental health counseling for two years, in exchange for Los Angeles prosecutors dismissing a criminal case against him. The multifamily syndicator had pending felony charges of displaying a loaded firearm in public and evading a police officer, stemming from an incident captured by a TV news helicopter of him fleeing and This article originally appeared on The Real Deal. Click here to read the full story.
- Resi sales fall across South Florida in Marchby Kate Hinsche on April 25, 2025 at 5:30 pm
Home sales fell across South Florida in March. Still, dollar volume rose for the region, according to Multiple Listing Service data collected by the Miami Association of Realtors. Dollar volume reached $5.3 billion, up from $5.2 billion in March of last year. Median prices for single-family homes sustained growth in Miami-Dade and Broward counties, helping This article originally appeared on The Real Deal. Click here to read the full story.