Southwest Florida Real Estate News and Market Insight

The heads of Mexico’s largest real estate investment trust, Fibra Uno, dropped $17.9 million on another condo at Sunny Isles Beach’s Estates at Acqualina. Records show Daniel Shiff sold unit TS-4205 at 17901 Collins Avenue to Estatemann South LLC, a Florida entity managed by Moises and Andre El-Mann

New York Life Real Estate Investors bought a medical office complex in Pembroke Pines for $38.3 million.  The real estate arm of insurance giant New York Life purchased Pembroke Pines Medical Plaza at 400, 500, 600 and 700 North Hiatus Road from an affiliate of Aventura-based Triarch Capital Group,

Amazon billionaire Jeff Bezos could soon have a new neighbor in Indian Creek.  The lot next door to Bezos’ property, asking $130 million, is in contract to sell to an “international finance executive” for $110 million, the Wall Street Journal first reported.  The pending sale of the site at 9 Indian

Crescent Heights sold its headquarters in Miami’s Edgewater to Trilogy Real Estate Group for $41.9 million, The Real Deal has learned.  Chicago-based Trilogy, led by Neil Gehani and Ian Kok, plans a mixed-use project with condos and apartments on the 2-acre property at 2200 Biscayne Boulevard in Mia

West Elm | Wynwood | Miami  West Elm will open at the Dorsey mixed-use building in Miami’s Wynwood.  The furnishings brand leased more than 12,000 square feet at the 12-story building at 286 Northwest 29th Street, according to the landlords’ news release.  The store is expected to open in the second

Ari Pearl’s PPG Development and BH3 Management plan to convert a luxury apartment tower in Hallandale Beach to Mondrian-branded condos.  The developers announced they plan to convert Slate, a 26-story, 250-unit rental building at 101 Diplomat Parkway into Mondrian Hallandale Beach Residences. The bu

Real estate brokerages have faced their fair share of challenges over the past year — from legal threats and business practice changes, to a slow housing market and the breakneck pace of technological development. With all of these changes and challenges many wonder if we are on the precipice of a b

Private listings and Clear Cooperation (CCP) have been Compass’s headline calling cards over the past several months, but at HousingWire’s The Gathering on Sunday, mergers and acquisitions were the primary focus. In a conversation with Diego Sanchez, the president of HousingWire, Lacey Conway, the C

Everyone in Miami Beach knows who the Robins family is, led by the late Jerry Robins, who helped shape the city’s skyline.  His death in the fall of 2022 triggered a family fight over his kids’ inheritance and the value of their father’s estate.  In The Real Deal’s latest issue, Francisco Alvarado d

Luxury home developer Todd Glaser teamed up with oil trader Mark Fisher and developer Ron Simkins to create a patented kit that consumers and contractors can install to prevent water intrusion through sliding glass doors.  Fisher teamed up with Glaser after Hurricane Irma struck Florida as a Categor

The aviation industry is facing a retirement wave of workers who make and fix airplanes.

One of the most encouraging data points for 2025 so far is that new listings have finally emerged from a two-year slump, exceeding 80,000 per week during the seasonal peak period. The question is: Have we already seen the highest new listings print for the year? We are currently in the seasonal peri

Capital One was the latest company to issue new restrictions on getting into airport lounges.

Shilo.ai is going to have an easier time with product development thanks to a $2.6 million seed funding round. The AI assistant firm announced the funding round on Friday. The round was led by AZ-VC, Arizona’s largest venture capital fund, which was founded by Jack Selby, the managing director of Th

Welcome back to Tech Pulse — a new weekly series rounding up the latest in technology, including tools, integrations and trends impacting mortgage and real estate.Here’s what happened this week:Robert Reffkin touts Compass’s AI platform, agent advocacy effortsCompass is preparing to launch a new AI

Edgardo Defortuna’s Fortune International Group paid $37.5 million for a Coral Gables redevelopment site where the firm is planning a $150 million branded condominium with 251 units. An affiliate of Miami-based Fortune acquired Gables Waterway, a 4.8-acre multifamily and office complex at 6100 Cabal

Century 21 Real Estate has added Shorepine Properties in Pacific City, Oregon, to its network — strengthening the brand’s presence in the state’s Central Coast region.Broker/owner Becky Kirkendall has led Shorepine Properties since purchasing the full-service brokerage in 2017. A former hospitality

As communities and organizations continue to reckon with the impact of the Los Angeles-area wildfires, the state is now stepping in with a new assistance program that will include impacted reverse mortgage borrowers whose homes were damaged or lost.California Gov. Gavin Newsom (D) on Thursday announ

A former Douglas Elliman agent has withdrawn a lawsuit that sought to recoup $1.6 million in clawbacks from deals that closed after she left the brokerage.New York and Miami agent Holly Parker claimed she’s owed commissions on deals that were pending following her exit from Douglas Elliman. In the w

Spanish billionaire Amancio Ortega’s Ponte Gadea bought a 259-unit apartment tower in downtown Fort Lauderdale for $165 million, marking one of South Florida’s biggest multifamily sales so far this year.  The Pérez’s family’s Related Group sold the 44-story Veneto Las Olas at 201 South Federal Highw