FEB 07, 2023. EDGEWATER PROJECT MORE THAN DOUBLES UNITS TO 1,300 IN 42-STORY TOWERS. A major mixed-use residential project already in progress has expanded and will bring another 800-plus residential units to Miami’s Edgewater neighborhood. Developer-owner 1900...
JAN 24, 2024. SMITH COMMERCIAL PODCAST | MARKET UPDATE. George Smith and Seth Woods sit down to give the most recent market update for industrial real estate. Q3 2022 Industrial Market. Miami Market is booming! If you’d like to know what your property is worth,...
JAN 24, 2024. MIAMI-DADE COMMISSIONER DEFERS ANNEXATION VOTE, ASKS FOR SURVEY OF BUSINESS OWNERS. Business owners expressed their dissatisfaction Friday after calling for a stop to annexation plans for a commercial area west of Miami International Airport in the...
DEC 26, 2023. METLIFE SELLS PINECREST SHOPPING CENTER TO MIAMI JV FOR $71M After keeping it on its books for nearly 30 years, Metropolitan Life Insurance has sold a Pinecrest shopping center to a Miami-based joint venture for $70.5 million. An affiliate of Ibrahim...
DEC 26, 2023. GALBUT FAMILY AND MATIS COHEN SCORE $98M LOAN FOR NORTH BEACH PROJECT. The Galbut family and Matis Cohen nabbed a $97.5 million construction loan for a Miami Beach mixed-use project featuring co-living apartments. Miami-based Ocean Bank, representing a...
DEC 20, 2023. MICHAEL SHVO AND JEFF GREENE TALK DISTRESS, OPPORTUNITIES IN OFFICE The office building, once the pinnacle of commercial real estate, now feels more like a liability. Inflation, rising interest rates and remote work have left the asset class uniquely...