
Warren Buffett’s Berkshire Hathaway invests nearly $800M in homebuilding giant Lennar
Warren Buffett’s Berkshire Hathaway made a major investment in Miami-based homebuilding giant Lennar, purchasing over 7 million shares for nearly $800 million in the first half of this year. Berkshire Hathaway bought 5.3 million shares of Lennar for $575 million in the second quarter, Berkshire rev

Lore plans 402 apartments at former JWU campus in North Miami
Lore Development Group plans a 402-unit apartment project on a portion of the closed Johnson & Wales University campus in North Miami, The Real Deal has learned. Lore, a joint venture between Leste Group and Brazilian firm Opportunity Fundo de Investimento Imobiliário, wants to develop the Biscayne

Todd Glaser, partner seek $169M flip of waterfront Miami Beach estate
Spec home developer Todd Michael Glaser and the Posner Group are looking to flip for $169 million the waterfront Miami Beach estate they bought for $105 million in July — equating to a 60 percent markup. They also listed the property for rent, asking $495,000 a month. Developer Sonny Kahn, a foundi
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