Newmark lists on the Nasdaq

December 15, 2017 | Miami Real Estate
Newmark becomes a public companyon the Nasdaq stock exchange (Credit: NASDAQ via Twitter) From TRD New York: Newmark Group's initial public offering opened today on the Nasdaq stock exchange at $14.00 per share, lower than the original $19 to $20 per-share range the company had originally projected. Newmark offered 20 million shares of Class A common stock, with an option for underwriters to purchase additional shares. Howard Lutnick's BGC Partne
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Cops found kids at home with feces and frozen dogs. But that’s not all.

December 15, 2017 | Miami Beach
After finding three dead dogs in a freezer, two children living among roaches, urine and feces were removed from a Central Florida home. Their mother, 35-year-old Victoria Kanger, was arrested … Click to Continue » ...read more
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Miami Jewish Health Systems nabs approval, breaks ground on Buena Vista campus

December 15, 2017 | Miami Real Estate
Rendering of Miami Jewish Health System's campus (Credit: Miami Jewish Health Systems) The Miami Jewish Health Systems broke ground on the redevelopment of its Buena Vista campus on Friday, a day after securing approval from the Miami City Commission for its special area plan. The commission approved the plan for a linear park on Northeast Miami Place and 50th Terrace, according to a press release from Greenberg Traurig. The SAP will also allow p
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The 7 biggest retail bankruptcies of 2017

December 15, 2017 | Miami Real Estate
The Limited From TRD New York: In 2017, more than 30 name-brand retailers have filed for bankruptcy, some for good, some in an effort to save themselves, including Payless Shoe Source, RadioShack and Toys “R” Us. Many others avoided bankruptcy but closed hundreds of stores nationwide. Three big department stores, Sears, Macy's and JCPenney, closed over 500 locations in total, affecting the malls and retail corridors across the country. When r
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When your knee ‘pops out,’ you’ll need a brace and rehab or surgery

December 15, 2017 | Miami Health Services
Q. I was playing soccer last week when I twisted my right knee and felt a pop. My kneecap came out of place and then popped back in. My knee … Click to Continue » ...read more
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Condo king goes west: Related’s Jorge Perez opens office in Dallas

December 15, 2017 | Miami Real Estate
Jorge Perez's Related Group is expanding into the Southwest with a new satellite office in Dallas. The developer, the biggest builder of condominiums in Miami, plans on building apartments in Phoenix, Denver, Las Vegas and other major Texas markets, a spokesperson confirmed. Kevin Wisdom joined Related to lead the new office. He was previously with Zom, according to his LinkedIn profile. In the expansion, Related will initially focus on multifami
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$20M Coconut Grove Playhouse renovation plan booed off stage

December 15, 2017 | Miami Real Estate
The Coconut Grove Playhouse and Ken Russell (Credit: Wiki Commons) Miami commissioners closed the curtains on an initial $20 million plan to renovate the Coconut Grove Playhouse that entailed razing the playhouse's deteriorated 1,100-seat auditorium and replacing it with a modern 300-seat theater. In a 3-2 vote on Thursday, the commissioners moved to preserve the exterior facade of the theater — a motion carried out by Commissioner Ken Russel
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Related closes on construction loan for Liberty Square redevelopment

December 15, 2017 | Miami Real Estate
Rendering of Liberty Square Rising and Albert Milo (Credit: The Related Group, Pixabay) The Related Group's affordable housing division just closed on construction financing for a mixed-income redevelopment of Liberty Square in Miami's Liberty City neighborhood. Related Urban Development Group secured the $23.1 million construction loan from Bank of America, according to the developer. The financing will be used to build 204 units in six garden-s
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Feds issue alert over deadly contaminated cocaine in Florida

December 15, 2017 | Miami Health Services
The Drug Enforcement Administration issued a warning Friday about a lethal synthetic form of cocaine that has become widespread in Florida. Even occasional cocaine users are at high risk for … Click to Continue » ...read more
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Final goodbye: Roll call of some who died in 2017

December 15, 2017 | Miami Night Life
They made music that inspired legions of fans. Rock 'n' roll founding father Chuck Berry and Fats Domino, rockers Tom Petty and Greg Allman, grunge icon Chris Cornell, country superstar … Click to Continue » ...read more
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