South Beach Airbnb has grown exponentially in Miami, marking one of the top five markets for the short-term rentals website. A new report shows that if municipalities collected the same taxes as other local lodging businesses in Miami, Airbnb operators would have owed nearly $16 million from October 2014 to September 2015. And more than…
Dacra CEO Craig Robins
1. Pérez Art Museum Miami gets gift of 100 artworks from Craig Robins [Miami Herald]
3. Fort Lauderdale real estate perks up [Daily Business Review]
3. Construction underway on 19-story Marriott in Sunny Isles [The Next Miami]
4. Call center plans to hire as it relocates, expands HQ [SFBJ]
— Sean Stewart-Muniz
Stephen Owens, who led Swire Properties’ development of Brickell Key and Brickell City Centre, will retire as president in 2017. Owens, who has been with the U.S real estate arm of Hong Kong-based Swire Pacific for 40 years, will stay on until the first phase of Brickell City Centre is completed in January 2017. Then…
Veteran commercial real estate broker Adam J. Tiktin has left Marcus & Millichap to start his own firm, and he’s taken some team members with him. Tiktin has over $800 million in about 325 transactions under his belt during his 18-year-long career. He spend 15 of those years at Marcus & Millichap. He specializes in…
A photo from 1925 and a rendering of the proposed redevelopment A MiMo developer has purchased one of Wynwood’s oldest buildings with plans to repurpose the former car manufacturing facility into a co-working space for creatives. Alex Karakhanian, an active developer and property owner in the MiMo District, paid $6.6 million for the roughly 60,000-square-foot…
The Boymelgreens from Brooklyn want to once again start building condos in Miami-Dade County with the proposal of its first local project since exiting the market during the recession. The Jewish Orthodox family and an Israeli logistics executive are behind the application for a condo in Miami Beach that will be considered at the city’s…
Brickell City Centre’s 500,000-square-foot shopping center is slated to open November with 70 retailers and restaurants, including some brands not previously announced. Swire Properties and retail developers Whitman Family Development and Simon Property Group will debut the open-air center just in time for South Florida’s busy holiday shopping season, as an influx of tourists arrive…
Updated rendering of Pearl Midtown 29 With site work well underway at Morgan Group’s Pearl Midtown 29 rental tower, the developer’s architect just released new renderings of the project that are a big step up from what’s previously been circulated. Morgan is building a 20-story apartment building with 309 units at 180 Northeast 29th Street,…
Renderings of 300 Biscayne apartments New York-based Property Markets Group is about to break ground on its rental tower in downtown Miami as it works on securing $110 million in financing for the amenities-laden, luxury apartment tower, principal Ryan Shear told The Real Deal. Ryan Shear As planned, the property at 300 Biscayne Boulevard will include condo…
A screenshot from the website BalHarbourPublicRecords.com In the latest attempt to salvage their original $400 million expansion plan, the owners of Bal Harbour Shops have launched a website targeting their leading opponent, drawing a sharp rebuke from a perceived competitor caught in the crossfire. Rendering of Bal Harbour Shops BalHarbourPublicRecords.com makes available more than 10,500…