RSS \”The Real Deal\”
- Mayfair in the Grove lands $114M refi as South Florida lending flows March 3, 2026The Mayfair in the Grove mixed-use complex in Miami scored a $113.6 million refinancing, as South Florida lending keeps flowing amid higher interest rates. Guggenheim Partners Investment Management provided the debt, which refinanced an outstanding balance of $72.4 million on a 2022 loan for $76.7 million, and bumped up the total by $41.2 million, according […]
- Car dealer Luis Somoano drops $22M on Hialeah site March 3, 2026Auto dealer Luis Somoano expanded his South Florida portfolio by paying $21.5 million for a Ford retail site in Hialeah previously owned for 40 years by the late car selling mogul Gus Machado and his family. An entity managed by Doral-based Somaono, who owns two other dealerships in Miami-Dade County, paid $2.2 million above the […]
- Compass takes over leasing of pricey Bay Harbor rentals from Elliman March 3, 2026Compass took over leasing of a luxury apartment project in Bay Harbor Islands from Douglas Elliman, The Real Deal has learned. Miami-based developer Clara Homes switched out Elliman for Philip Scheinfeld of the Philip Scheinfeld Team and Chad Carroll of the Chad Carroll Group of Compass for the leasing of the six-story building at 10281 […]
- South Florida’s top deals: Allan Adelson buys West Palm Beach site for $9M March 3, 2026🏆 Residential: The priciest home sale recorded in South Florida was in Palm Beach. An LLC tied to Justin Daniels parted with a home at 314 Chilean Avenue for $11.9 million. The buyer was a trust linked to Brian J. Flynn. The 4,200-square-foot property, built in 2000, has four bedrooms and five and a half […]
- Mark Zuckerberg’s $170M Indian Creek Island purchase sets Miami-Dade record March 2, 2026Mark Zuckerberg and his wife, Priscilla Chan, closed on their purchase of an Indian Creek mansion for a record $170 million. The deal marks the culmination of weekslong buzz among the real estate community over the billionaire couple’s impending purchase on the exclusive waterfront island. Zuckerberg, who is CEO of Meta, and Chan bought the […]