South Florida - The Real Deal

Jeff Berkowitz, developer of marquee retail projects, has died

Lidia Dinkova — Wed, 29 Apr 2026 17:59:32 +0000

South Florida developer Jeff Berkowitz, who shaped Miami-Dade County’s retail landscape, has died at 78. Berkowitz was from Boston and moved to South Florida, drawn by the climate and to attend the University of Miami School of Law. He started his Coconut Grove-based Berkowitz Development Group in 1985. He was still active in the firm as of last fall, when he shared plans with The Real Deal for his firm to pivot into multifamily development, initially targeting 500 units. Although his distinctions and accolades run deep, Berkowitz’s legacy is defined by his character and good will, his family said. “He […]

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Billionaire Jose Mas drops $15M on waterfront lot in Gables Estates

Katherine Kallergis — Wed, 29 Apr 2026 15:30:00 +0000

The billionaire Mas family continues to buy and sell prime real estate in Miami. Jose Mas, CEO of MasTec and a co-owner of the Major League Soccer franchise Inter Miami, paid $14.9 million for the 1-acre property at 9175 Arvida Parkway in the gated Gables Estates neighborhood of Coral Gables, The Real Deal has learned. Property records show a company led by developer Humberto Ramirez sold the lot. Ramirez’s LLC paid $10.4 million for the property in 2023; the seller at the time was Leon Medical Centers CEO Benjamin Leon III. Ramirez said he and his investor were happy with […]

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Quirch Foods owner sells waterfront Gables mansion for $47M, former RHOM star, attorney fiancé buy teardown next door

Kate Hinsche, Katherine Kallergis — Wed, 29 Apr 2026 13:45:00 +0000

The owner of a major food distribution company sold his waterfront Coral Gables mansion for $47 million, and next door, Miami attorney Anthony Lopez and his fiancée Dr. Nicole Martin bought the waterfront teardown for $15.6 million. The two deals closed within days of each other for their respective asking prices, signaling the strength of the ultra-luxury home market in South Florida. In the larger sale, Quirch Foods’ co-owner Guillermo Quirch III and his wife, Lisette, sold the 8,000-square-foot, six-bedroom and nine-bathroom estate at 625 Reinante Avenue in Old Cutler Bay, according to the MLS. A deed for this sale […]

This article originally appeared on The Real Deal. Click here to read the full story.

South Florida’s top deals: Ex-RHOM star’s fiance buys Coral Gables home for $16M

Mary Diduch — Wed, 29 Apr 2026 12:00:00 +0000

🏆 Residential: Surfside had the pricest home sale recorded in South Florida. A unit at Fort Partners’ 9165 Collins Avenue, called the Seaway at The Surf Club, sold for $31.8 million. The buyer was 527 Main Street LLC. The condo spans about 5,400 square feet, pricing the deal at roughly $5,900 per square foot. 📊 Residential: In Coral Gables, a five-bedroom home at 641 Reinante Avenue changed hands for $15.6 million or about $4,600 per square foot, the asking price. The buyer was a trust tied to attorney Anthony Manuel Lopez, who is the fiance of Dr. Nicole Martin, of […]

This article originally appeared on The Real Deal. Click here to read the full story.

“Miami’s open for business”: Ken Griffin doubles down on offices at his Brickell supertall

Lidia Dinkova — Tue, 28 Apr 2026 21:53:33 +0000

Billionaire Ken Griffin is bolstering the office space at his Brickell supertall that will serve as Citadel and Citadel Securities’ headquarters, with the firms potentially taking additional square footage. Griffin now is developing a standalone 54-story, 1.7 million-square-foot office tower, nixing the planned hotel, Commercial Observer reported. Although the news comes amid a public kerfuffle between the billionaire and New York Mayor Zohran Mamdani, the Brickell supertall office expansion was planned prior to the spat. In an April 15 video, Mamdani endorsed a proposed 5 percent pieds-à-terre tax, standing in front of 220 Central Park South, where Griffin bought a […]

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Related, Terra in talks to buy out waterfront condo next to Mandarin Oriental site

Katherine Kallergis — Tue, 28 Apr 2026 21:00:00 +0000

The Pérez family’s Related Group and David Martin’s Terra are negotiating a condo buyout with owners at a waterfront building on Miami’s Brickell Key, signaling the next wave of redevelopment for the man-made island, The Real Deal has learned. A buyout of the 134-unit building at 800 Claughton Island Drive would likely exceed $1 million per unit, with one source pegging the price closer to $1.5 million per unit, or roughly $200 million for the entire building. The two firms have been in talks with owners at the St. Louis for months, and a deal could close next year, sources […]

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Playing hardball: Bal Harbour won’t settle for scaled down Whitman Family project

TRD Staff — Tue, 28 Apr 2026 18:30:00 +0000

Bal Harbour is choosing to fight it out in court instead of settling its battle with the developers planning a controversial mixed-use project. The village council on Monday unanimously voted against a settlement with Whitman Family Development, even though the agreement would have meant a scaled down project at Whitman’s luxury Bal Harbour Shops, CBS News Miami reported. This means the two-year litigation over the development presses on. The council’s decision mirrors the general sentiment expressed by residents at a packed meeting at the Sea View Hotel, where boos sometimes erupted and attendees aired their concerns over more density and […]

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Palm Beach luxury contracts slow after mid-April frenzy

Kate Hinsche — Tue, 28 Apr 2026 18:00:00 +0000

Palm Beach County’s luxury buyers slowed their roll following a mid-month frenzy of contracts. Buyers signed 20 contracts between April 20 and April 26 for luxury properties in Palm Beach County, according to a report by Douglas Elliman’s Eklund-Gomes team. That’s down from the 44 contracts buyers signed for $326.8 million the week prior. The homes that went pending last week total $137.2 million in asking dollar volume and averaged 133 days on the market. The report tracks signed contracts for single-family homes and condos asking $3 million or more in the Beaches MLS. It identified 42 new listings, and […]

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Related, BH to downsize Plantation multifamily project amid stagnant rents

TRD Staff — Tue, 28 Apr 2026 13:45:00 +0000

The Pérez family’s Related Group and Isaac Toledano’s BH Group are seeking to downsize a planned mixed-use development in Plantation. The developers will present a revised plan for significantly reduced Plantation City Center to the city council Wednesday, the South Florida Business Journal reported. Related and BH initially received approval in 2024 for the project slated for the 16.8-acre site at 8601 West Sunrise Boulevard. The plans included 512 residential units, nearly 25,000 square feet of commercial space and 833 parking spaces. The revised plans call for just 385 residential units, a reduction of 25 percent. The plans also scale […]

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South Florida’s top deals: Torose sells Lincoln Road retail building

Mary Diduch — Tue, 28 Apr 2026 12:00:00 +0000

🏆 Commercial: A retail property in Miami Beach marked the priciest commercial trade to hit records in South Florida. An 8,600-square-foot retail building at 910 Lincoln Road sold for $15 million, which breaks down to $1,700 per square foot. The seller was an affiliate of Miami-based Torose Equities, which is led by Scott Sherman; the firm purchased the building in 2024 for $10.4 million. The buyer in the latest deal was an LLC tied to KAR Properties, based in New York. 🏆 Residential: Surfside had the top home sale recorded in South Florida, with the sale of a condo at […]

This article originally appeared on The Real Deal. Click here to read the full story.