“Incompatible”: Miami Beach shoots down Live Local Act project with 38-story towers, citing zoning conflict

Redevelopment of the Blackstone-owned Southgate Towers in Miami Beach with a 38-story Live Local Act project is a no-go due to a zoning conflict, city officials said in a letter. Southgate Towers LLC filed an application to replace the two 14-story apartment buildings with 495 units at 910 West Aven

Coral Gables captures full block near city hall with medical office acquisition

The city of Coral Gables now owns the entire 400 block on Biltmore Way near city hall with the acquisition of ShareMD’s medical office building after months of negotiations and commission approvals. The city dropped $24 million for the four story, 53,030-square-foot Biltmore Medical Center at 475-49

Florida AG launches probe of China-linked yacht giant’s Fort Lauderdale property

Florida Attorney General James Uthmeier has launched an investigation into Italian luxury yacht builder Ferretti Group over its Fort Lauderdale property. Ferretti, whose largest shareholder is China’s state-owned Shandong Heavy Industry Group – Weichai Group with a 39.5 percent stake, owns property

Florida real estate awaits its moment of truth when voters decide on property tax cuts

Floridians will choose their next governor and U.S. senator on Election Day, but their ballots will also include a number of key races and referendums tied to real estate. That includes the proposed statewide property tax referendum, which requires 60 percent voter approval, and measures tied to cit