Miami

Increasing higher paying white-collar jobs are providing essential support to the region's most expensive apartment markets, Berkadia says.

The city has issued a notice of default to Clark Construction Group and claims the city is entitled to damages.

"By moving the small bay product into its own specialty practice, we can make the process more efficient and cost effective for our clients."

The company is planning significant renovations for both properties.

A Miami-Dade circuit judge sides with New York investor Louis Taic, who claimed he was induced to buy into a financially ailing South Beach venture with a misleading balance sheet.

Redevelopment of the Wynwood Arts District is turning to office construction, which the neighborhood lacks after years of new retail and residential.

A city planning board recommended a flat out repeal of the zoning provision that allows developers to build big, dense projects.

The 91,431-square-foot office building sold for $30.4 million, or $332 per square foot.