On Wednesday, a day after announcing what could be its ninth acquisition since 2009, Pompano Beach-based Stonegate Bank revealed its first quarter results. The bank (NASDAQ: SGBK) reported a profit of $6.7 million in the first quarter, or 51 cents a share. The bank also reported $28.6 million in new loans in the first quarter,…
Plans for a new medical office building will be considered in Pembroke Pines. The city’s Planning and Zoning Board will review the application for Valerie Medical Center on April 28. It would be a two-story, 25,284-square-foot building with 89 parking spaces. The project would be located on a 2-acre site on the south side of…
Intellectual property and patent law firm Lott & Fischer PL expanded to a new office in Coral Gables. The law firm will move from 8,969 square feet at 355 Alhambra Circle to 11,300 square feet at 255 Aragon Ave. Avison Young Principal and Managing Director Donna Abood represented the tenant in the deal. Sime Realty…
Miami-Dade County has been among the fastest-growing markets for construction jobs over the past 12 months, according to a study by the Associated General Contractors of America. AGC officials visited the Miami Worldcenter construction site on Wednesday to reveal the study and announce a new workforce development plan. Miami-Dade added 7,000 construction jobs from March…
Two pilots and an aerial research photographer may be flying above your head right now. Since June, the CoStar research fleet has flown over about 80 major real estate markets in the United States, spending up to five days canvassing commercial properties in one market. The grid the CoStar crew covers in South Florida This…
Hyatt Corp. paid $229.4 million for the Thompson Hotel in Miami Beach, newly filed documents show. The global hospitality company announced the purchase from San Francisco-based Geolo Capital in March, but did not reveal the price. Miami-Dade County court documents filed Tuesday show Crown Miami Hotel Owner LLC, an affiliate of Geolo Capital, sold the…