Florida was among the top states where construction employment increased between February 2015 and February 2016, according to an analysis of Labor Department data released Friday by Associated General Contractors of America. In all, 43 states and the District of Columbia added jobs during that same time period, while construction employment increased in 27 states…
A screen shot from Airbnb’s website From the New York website: Cruise ships, hotel chains and commercial jets are all heading from the U.S. to Cuba for the first time in half a century. So it was only a matter of time before Airbnb got in on the action. For about a year now, U.S.…
The City of Miami wants to sell a property along the Miami River just west of downtown that could be redeveloped for up to 1,574 units. The city hired CBRE to market its administrative headquarters property on the 3.15-acre site at 444 S.W. 2nd Ave. Located just across the bridge from the Brickell area, the…
An affiliate of AutoNation acquired a site in Delray Beach that could become a new dealership. Barston Delray, managed by Stanley M. Levy, sold the 1.6-acre property at 2605 S. Federal Highway to AN Dealership Holding Corp., managed by Fort Lauderdale-based AutoNation (NYSE: AN). Located south of Linton Boulevard, the site previously had a used…
Rendering of the Kobi Karp-designed hotel Miami Beach developer Robert Finvarb just closed on a $46 million loan for the Residence Inn by Marriott he’s developing in Sunny Isles Beach. Florida Community Bank issued the loan to a corporate entity managed by Finvarb and Barry Shelomovitz, county records show. The financing covers the former Wings…
David Beckham and a proposed rendering of the stadium County records reveal David Beckham and his investors paid $18.95 million for a portion of the land needed to build their Major League Soccer Stadium in Miami’s Overtown neighborhood. Miami Beckham United announced the deal on Thursday, marking the first time the group had closed on land…
Miami Beckham United paid a total of $18.95 million for two properties it obtained to build it soccer stadium. The upstart team plans to build a 30,000-seat stadium in Miami’s Overtown neighborhood. It announced the acquisition of six acres on Thursday and county records subsequently revealed the prices, in addition to a loan. Soccer superstar…
Florida Community Bank provided a $46 million construction loan for a new Residence Inn by Marriott in Sunny Isles Beach. The Weston-based bank (NYSE: FCB) awarded the mortgage to 17700 Collins Ave., managed by hotel developer Robert Finvarb in Bay Harbor Islands. The project is on a 31,900-square-foot lot across the street from the beach.…
Western Palm Beach could get 1,030 new homes The Acreage area of western Palm Beach County could get one more major home project. Iota Carol LLC, an affiliate of Sabal Financial Group, submitted development plans for the 1,288-acre Delray Linton Groves property north of 60th Street North at 190th Street. In addition to allowing one…
• High Street Retail USA launched a division that provides a comprehensive menu of property management services for commercial and mixed-use complexes. www.highstreetretailusa.com. • Brown Harris Stevens acquired Lake Worth-based Manatee Cove Realty. Manatee Cove President Jennifer Spitznagel joined Brown Harris Stevens as a director and senior broker associate. www.bhsusa.com. • Memorial Healthcare System partnered…