South Florida - The Real Deal

Tech investor Bob Zangrillo revives $3B Little Haiti megaproject

TRD Staff — Mon, 15 Jun 2026 16:49:56 +0000

Technology investor Bob Zangrillo is reviving plans for a $3 billion mixed-use project in Miami’s Little Haiti neighborhood, more than a decade after first unveiling the vision, Bloomberg reported. Zangrillo is partnering with Miami-based Plaza Equity Partners on the proposed 7.8 million-square-foot development, an office hub aimed at companies in artificial intelligence, asset management and venture capital. The project would also include more than 2,600 residential units, a hotel and retail space. The first phase calls for the office campus, which Zangrillo’s firm, Dragon Global, would anchor, along with a 25-story tower with 349 rental apartments. In recent years, technology […]

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

Hassan Whiteside scores buyer for waterfront Miami Beach home

Katherine Kallergis — Mon, 15 Jun 2026 15:02:23 +0000

Former Miami Heat player Hassan Whiteside found a buyer for his waterfront Miami Beach home, asking $14.8 million. The pending deal is the second priciest of the 16 luxury home contracts signed in Miami-Dade County between June 7 and June 14, according to the weekly report by Douglas Elliman’s Eklund-Gomes team. The previous period saw 21 deals for luxury homes in the market asking a combined $172 million. The report tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent an average of 225 days on […]

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

Allapattah’s $800M blueprint: Inside Miami neighborhood’s redevelopment plan

Lidia Dinkova — Mon, 15 Jun 2026 14:00:00 +0000

Two months after Miami created the Allapattah Community Redevelopment Agency, the city is drilling down on specifics on how to approach its makeover and entice development without losing residents or diversity. A preliminary plan projects roughly $800 million in revenue from tax increment financing over 30 years, with the majority of that targeting infrastructure improvements and adding affordable housing, according to city records. Some of the top projects are Northwest 17th Avenue streetscape and façade improvements, as well as a mixed-income project on the 18-acre city-owned General Services Administration site. Miami commissioners greenlit the Allapattah CRA in April, after years […]

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

Movers & Shakers: Miami broker leaves Compass for Serhant

Grace McClung — Mon, 15 Jun 2026 13:00:00 +0000

In South Florida’s latest batch of hiring news, Guillermo Freixas has left Compass to launch his own team at Serhant. The Miami-based broker will serve as president of My Block Group. He is also the founder of the digital brand “My Block,” a series focused on Miami real estate and culture. He will be joined by his brother Jose Daniel Freixas, a film and television producer who will oversee operations, branding, media strategy and business development for the new team, according to a news release. Before joining Serhant, Guillermo Freixas spent four years at Compass as part of the Riley […]

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

South Florida’s top deals: Miami Beach sales dominate priciest trades

Mary Diduch — Mon, 15 Jun 2026 12:00:00 +0000

🏆 Residential: The top home sale to hit records in South Florida was in Miami Beach, where a waterfront, 9,200-square-foot mansion at 16 Palm Avenue changed hands for $25 million. The seller was commercial real estate investor Robert Rivani, and the buyer was a company tied to Jose Mas of the billionaire Mas family and architect Cesar Molina. Rivani purchased the home in November for $22.9 million; it has six bedrooms and six and a half bathrooms. Its asking price was $27.5 million. Douglas Elliman’s Dina Goldentayer represented the seller. 📊 Residential: Also in Miami Beach, a condo at the […]

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

South Florida Dirt: Inside the first week of George Pino’s trial

Katherine Kallergis — Sun, 14 Jun 2026 17:00:00 +0000

The first week of commercial broker George Pino’s criminal trial wrapped up last week. Pino is facing manslaughter and vessel homicide charges in the 2022 boat crash that killed 17-year-old Lucia “Lucy” Fernandez and injured ten others. The crash also caused debilitating injuries to now 21-year-old Katerina “Katy” Puig. Pino, CEO of Doral-based State Street Realty, was driving his 29-foot-boat when it collided into a channel marker in the Florida Keys on Labor Day Weekend. He, his wife, daughter and her friends were on the boat. Prosecutors initially charged him with careless boating, which is a misdemeanor, but bumped the […]

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

From “Pompa-no to Pompa-now”: Mapping Pompano’s latest development boom

Grace McClung — Fri, 12 Jun 2026 19:14:36 +0000

Pompano Beach has woken up to a building boom. The once-sleepy beach town is seeing a surge in new developments as an influx of luxury projects reshape the city’s landscape. Developers have made Pompano Beach the new horizon, bringing brands like the Ritz-Carlton and Waldorf Astoria to the coast, which offers prime South Florida living without Miami or Palm Beach prices. Over a dozen major developments are underway in the area, including luxury condominiums, a revived downtown and massive apartment complexes. They’re contributing to a citywide transformation that’s drawing more eyes and more money to Pompano Beach. This map shows […]

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

$17M in escrow funds gone overnight: Palm Beach law firm sues bank over cyber attack

Katherine Kallergis — Fri, 12 Jun 2026 18:00:39 +0000

In the early morning of a Thursday in January, more than $17 million of funds disappeared from the escrow account of a prominent real estate law firm in Palm Beach. Now, the law firm is suing the bank for the unrecovered funds, according to a lawsuit obtained by The Real Deal. Attorneys Guy Rabideau and David Klein’s Rabideau Klein sued First Horizon Bank this week, alleging the bank violated state law governing fund transfers, breach of contract and negligence. The firm handles deals for some of Palm Beach’s wealthiest clients. A quick Google search shows articles covering real estate deals […]

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

Billionaire Paul Singer’s hedge fund, LHCG buy hotel from Brookfield for $110M

Eman Elshahawy — Fri, 12 Jun 2026 17:48:59 +0000

Billionaire Paul Singer’s hedge fund has joined forces with a company led by former Starwood Capital Group executive Keith Evans to acquire the Mayfair House Hotel & Garden in Miami’s Coconut Grove neighborhood for $110 million from Brookfield Asset Management, according to a source. An entity tied to West Palm Beach-based Elliott Investment Management and London-based Lifestyle Hospitality Capital Group purchased the property at 3000 Florida Avenue, assuming Brookfield’s $41 million mortgage from Acore Capital and increasing it to $79 million. The deed shows the price for the property was $69.4 million, but a source told The Real Deal that […]

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

Rivani sells waterfront Palm Island home to Jose Mas, partners for $25M

Katherine Kallergis — Fri, 12 Jun 2026 15:07:56 +0000

Commercial real estate investor Robert Rivani sold a waterfront Miami Beach mansion for $25 million, just $2 million more than he paid roughly six months ago. The buyer? A company led by Jose Mas of the billionaire Mas family and architect Cesar Molina, who have been working together to acquire and redevelop homes in South Florida. Property records show Rivani’s RJR LV LLC sold the 9,200-square-foot mansion at 16 Palm Avenue to CMA Homes 16 Palm Ave LLC. The buyer financed the deal with a $15 million mortgage from City National Bank of Florida. Douglas Elliman’s Dina Goldentayer represented the […]

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