The Weekly Dirt: Signs of a buyer’s market in Miami
Sellers are cutting their prices, inventory’s sitting on the market a bit longer, and condo buyers especially have more selection to choose from. Home and condo sales have also been declining for months, and price growth is slower than before. These are some of the signs that point to a buyer’s ma
Indictment derails vote on Miami Marine Stadium deal
Plans to redevelop Miami Marine Stadium were derailed by an indictment brought against the former CEO of the company tapped to oversee the restoration. The City of Miami was set to vote Friday, Sept. 5 to send a referendum on the proposal to the November election, the Miami Herald reported. The city
Estate scores $60M construction loan for 255-unit multifamily project in Riviera Beach
Estate Companies secured a $60 million construction loan for a 255-unit apartment complex in Riviera Beach. The deal comes amid steady lending flow in South Florida, despite elevated interest rates, skyrocketing insurance, slower lease-ups and other economic headwinds. South Miami-based Estate pla
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