Southwest Florida Real Estate News and Market Insight

Envision Cold made its first Florida commercial real estate play, paying $47.2 million for a freezer facility complex in West Little River. An affiliate of Atlanta-based Envision Cold, led by Eric Diaz, Stephen Draper, and Austin Solem, acquired three cold storage warehouses spanning 187,122 square

A prominent Dallas-based home-flipping franchisee of HomeVestors of America — known for its “We Buy Ugly Houses” ads — is being accused of operating a Ponzi scheme that defrauded investors out of tens of millions of dollars.According to lawsuits and ProPublica interviews with alleged victims, Charle

Servant leadership is more than a lazy LinkedIn buzzword cooked up by corporate PR teams. It’s a crucial reason why new school brokerages like The Agency and Real outsold Keller Williams last year. If you want to scale your team or brokerage in 2025, lead by example, or get left behind.Not convinced

As temperatures rose outdoors last week, surpassing 90 degrees, the number of signed luxury contracts fell.  Still, buyers signed nearly a dozen contracts for pricey deals in Miami-Dade County, led by a waterfront home on Key Biscayne asking $19 million.  Buyers signed 11 contracts between May 12 an

Quest Workspaces, Florida agencies, Alva Manufacturing, more | Doral  A flex office provider, Florida state agencies and a pipes company are among tenants that leased at Doral Center.    Co-working provider Quest Workspaces now leases 38,100 square feet, after expanding its existing space by 14,600

For the first time in more than 20 years, a new oceanfront condo project is proposed for the island of Palm Beach. Vlad Doronin’s OKO Group and Cain International presented plans for an Aman Resort-branded, three-building, 49-unit complex during the Palm Beach Town Council’s Development Review meeti

South Florida real estate firms made big moves in the latest roundup of hiring news.  Barry Sternlicht’s Miami Beach-based Starwood Capital Group named Goldman Sachs alumnus Nora Creedon as CEO of its REIT division, according to a press release. Creedon is succeeding Sean Harris in the role, which w

Living in a condo, Florida Rep. Vicki Lopez says, is “super expensive.”  Long viewed as a more affordable option to single-family homeownership, condo living in the state has become unsustainable for many. At law firm Bilzin Sumberg’s development conference last week, Lopez talked about the harsh re

Trump blasted Walmart after the retailer warned it would raise prices due to tariffs.

Terra proposes a 724-unit Live Local Act project on land at South Dade Government Center that it leased from the county through a no-bid deal.  The Coconut Grove-based firm wants to build a two-phase project on a 12-acre site at 10710, 10750 and 10800 Southwest 211th Street in Cutler Bay, according

Coastal Homes, the luxury custom home builder arm of Coastal Construction, sold a waterfront site on Fisher Island for $42.5 million.  Property records show Coastal Homes of South Florida sold the 1.1-acre property at 6901 Valencia Drive to Villa One Fisher, a Wyoming LLC. The true buyer is hidden. 

Boeing agreed to plead guilty to fraud charges tied to its troubled 737 Max crashes last year.

After nabbing a $38.8 million construction loan, Codina Partners is gearing up to build the last retail piece at Downtown Doral. Miami-based Ocean Bank provided the financing to an affiliate of Coral Gables-based Codina that is developing 25,000 square feet of retail and 932 parking spaces on Northw

AI agents, from Google to OpenAI to Expedia, are set to upend travel planning at a level that hasn't occurred since the rose of mobile internet.

Developers interested in buying Rivieria Beach public land near the waterfront will have another month to make an offer. Riviera Beach council members, sitting as the board of directors of the city’s Community Redevelopment Agency, extended the deadline for offers to acquire and redevelop 2.2 acres

Florida lawmakers amended a state law that governs the delicate balance of power between unit owners and investors at condo-hotel complexes.  The change, made during the ongoing legislative session, marks the second consecutive year that legislators try to tackle the controversy that’s shrouding man

Sidney Ferenc, the co-founder of Applied Underwriters, sold his oceanfront Highland Beach mansion for $27.1 million. Records show Ferenc sold the home at 2363 South Ocean Boulevard to the 23 Ocean Family Trust, with attorney M. Rahat Faderani signing on behalf of the buyer. The true buyer is unknown

The family of the late financier George Summers sold his Palm Beach house for $17.5 million, after it hit the market asking $24 million in August. Records show Summers’ widow and children sold the house at 215 El Bravo Way to a trust named for the address and managed by local attorney Maura Ziska. T

An unforeseen construction defect will significantly delay the planned Bulgari hotel project in Miami Beach. On Tuesday, the Miami Beach Historic Preservation Board approved modifications to the planned redevelopment of the Seagull Hotel at 100 21st Street that entails tearing down most of the histo

A developer proposes a 192-unit apartment project with workforce rentals in Naranja.  Entities tied to Coinco Investment filed an application to develop three four-story buildings on the southeast corner of U.S. 1 and Southwest 232nd Street in unincorporated Miami-Dade County, according to a filing