Hospitality | Miami Beach
The Hospitality Show returns to the Miami Beach Convention Center November 2–4, bringing together hotel executives, investors, operators and suppliers. The opening-night Miami Nights reception on November 2 will feature Latin music, food, dancing and networking, with support from PepsiCo, American Express and Hyatt. The conference will examine hotel profitability, technology and the future of guest services.
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Marine Industry | Fort Lauderdale
The world's largest in-water boat show is underway October 28 through November 1, placing Fort Lauderdale at the center of the international marine business. The event's reported economic impact reaches $1.79 billion statewide. Yacht builders, equipment suppliers, brokers, restaurants and hotels all benefit from the gathering, which draws buyers and exhibitors from around the world.
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Real Estate Finance | Miami
Fortune International Group and KAR Properties have secured an $817 million construction loan from TYKO Capital for Faena Residences Miami. The planned twin towers along the Miami River are among the city's most ambitious branded residential developments. The financing sets a Florida construction lending record and underscores continued investor interest in Miami's high-end condominium market.
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Commercial Development | West Palm Beach
Cohen Brothers Realty has secured construction financing for West Palm Point, a $400 million office development planned for downtown West Palm Beach. The 23-story tower will offer approximately 438,000 square feet of office space with retail and parking. The project, expected to be delivered in 2029, reflects the city's growing importance as a destination for corporate headquarters and financial firms.
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Finance & Trade | Miami-Dade
PortMiami continues to attract attention from institutional investors. A county bond offering authorized for up to $700 million generated more than $5.5 billion in orders, according to Miami-Dade officials. The response highlights investor appetite for major transportation infrastructure and the port's importance to international commerce, cargo movement and the regional cruise economy.
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Office Investment | Fort Lauderdale
Grover Corlew has purchased the 21-story office tower at 200 East Broward Boulevard for $69.7 million. The Boca Raton-based investment group plans another $20 million in property improvements, including upgraded common areas, fitness facilities and meeting spaces. The transaction comes as downtown Fort Lauderdale continues to attract companies seeking convenient access to transportation and a growing residential population.
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Hotels & Tourism | Palm Beach
West Palm Beach welcomed the 201-room Nora Hotel on October 19, adding another major hospitality destination to the emerging Nora District. Developed with New York's BD Hotels, the property brings celebrated French brasserie Pastis to the neighborhood, alongside Jack's Bar and planned rooftop experiences. The opening is another step in the redevelopment of the city's former industrial corridor.
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Hospitality Development | Miami
Driftwood Capital, MV Real Estate Holdings and Merrimac Ventures have closed on $145 million in construction financing for Riverside Wharf, a new hospitality and entertainment development on the Miami River. Plans include a 167-room Dream Hotel, restaurants, nightlife venues, event space and the return of The Wharf Miami. The project is expected to add another destination to the river's changing waterfront.
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Education & Technology | Broward
Broward College is investing in the next generation of South Florida's workforce with a new 52,000-square-foot building at its North Campus in Coconut Creek. The facility will include science and nursing laboratories, cybersecurity training, artificial intelligence instruction and a makerspace. Scheduled for completion in 2028, the project is designed to support careers in healthcare, technology and engineering.
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Commercial Finance | Bay Harbor Islands
South Florida developer Terra has completed a $183.75 million refinancing of The Offices at THE WELL Bay Harbor Islands with Monroe Capital. The recently delivered office property contains approximately 96,000 square feet and is more than 90 percent leased. The transaction reflects demand for modern offices offering wellness amenities and a convenient location near Miami Beach and Bal Harbour.
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Market Report | South Florida
Commercial real estate transactions across Miami-Dade, Broward and Palm Beach counties totaled approximately $9.5 billion during the first nine months of 2026, according to MIAMI REALTORS. Sales volume declined 14 percent from a year earlier as borrowing costs weighed on activity. Even so, rent growth, limited vacancies in key sectors and continued construction point to an active market with considerable investment interest.
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Healthcare & Mergers | Miami
Miami-based OPKO Health has reached an agreement to sell selected BioReference Health laboratory assets to Labcorp for $722 million in cash, with the possibility of additional payments tied to future test revenues. The deal includes clinical testing operations and more than 80 patient service centers. Subject to regulatory approval, the transaction would allow OPKO to concentrate more of its resources on its biopharmaceutical business.
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