After two years of undergoing significant renovations, the historic Pelican Hotel in South Beach reopened its doors with a VIP celebration during Art Basel Miami Beach last weekend. The penthouse party was hosted by Renzo Rosso, owner of Pelican Hotel, who is also OTB Groupโs president and...
As the cruise industry climbs out of COVID-19 restrictions, Holland America Line's Black Friday promotion set a company record for booking volumes. Sales for the day were nearly 20% higher than in 2019 and more than 10% higher from Black Friday through Cyber Monday. The...
To combat inflation, the Federal Reserve continues to raise interest rates. While rate increases present challenges for all borrowers, it provides companies with an exceptional opportunity to receive higher yields from safer assets. In other words, less risk for the same reward. When interest rates were...
TECHpalooza (previously known as โITpaloozaโ) will help highlight the immense diversity of the areaโs technology innovators through interactive exhibits, high-profile keynote speakers, workshops and hands-on activities. Hosted by South Florida Tech Hub, the event will last from 8 a.m. to 8 p.m. on Friday, Dec. 9,...
Marcus & Millichap (NYSE: MMI) played an instrumental role in negotiating the $57 million sale of Doral Shops, a 99% occupied, 113,354-square-foot retail property in Doral. โThe acquisition provides the buyer with an outstanding opportunity to break into this high-barrier-to entry submarket market where there have been...
A notable and toothsome debut in Bal Harbour is Aba, part of the Chicago-based restaurant group Lettuce Entertain You. Aba, which has two other locations, in Austin and Chicago, brings a fusion of flavors from Israel, Lebanon, Turkey and Greece with a menu curated by Top Chef alum CJ...
Sabal Development recently purchased an over 12,000-square-foot development site at 5440 La Gorce Dr. in Miami Beach for $4.2 million. The Miami-based builder and developer plans to build an over 6,000-square-foot single-family home with five bedrooms and five bathrooms on the double lot, located on the...
Berkadia Hotels and Hospitality has arranged the sale and financing of the 221-room DoubleTree by Hilton Hotel Deerfield Beach-Boca Raton. Berkadiaโs managing directors, Michael Weinberg and Preston Reid and senior director Wyatt Krapf represented the seller, Vista Hospitality, which has invested more than $7 million...
La Byci will open its bike shop and cycling club in the Wynwood Arts District on Tuesday. Along with providing everything riders need, from high-end apparel to bikes, the company also offers an all-inclusive cycling club for riders of all levels. โI just love cycling and wanted...
