Philippe Houdard could be Brickell’s future: He has gone car-less. Houdard, the co-founder of office-space sharing firm Pipeline, sold his Honda Accord when he moved to Brickell from South Beach last year. He walks when he goes to dinner. He takes Uber to meetings. “Brickell has the density to do everything I need within several blocks,” Houdard said. “It’s...

Buying a whole block on Miami Beach’s Lincoln Road simply wasn’t enough for Spanish billionaire Amancio Ortega. The Zara owner has yet again smashed a Miami record with the $500 million purchase of downtown’s Southeast Financial Center, an iconic office building that seller JPMorgan Asset Management began shopping around earlier this year. In a single deal,...

A group that paid $10 million for property in Miami’s Little River neighborhood plans to redevelop it. AHOS 2 LLC, owned by Avra Jain and Joe Del Vecchio, sold the 178,810-square-foot office building at 7942 N.E. 2nd Ave. to MD 79th Holding LLC, managed by Robert Daniels in Miami Beach. Metro 1 Commercial’s Alfredo Riascosrepresented the sellers while Devlin...

Giant mortgage investor Freddie Mac plans to dispense with traditional appraisals on some loan applications for home purchases, replacing them with an alternative valuation system that would be free of charge to both lenders and borrowers.  Can computers, big data and advanced analytics replace real live humans when it comes to accurately valuing the home you...

MIAMI (CBSMiami) — Welcome to Miami’s newest retail destination – the Brickell City Centre. It’s 4.9 million square  feet -spanning three city blocks. Swire properties purchased the land eight years ago and it’s been under construction for about four years. “It’s a very exciting time. We’re 91 percent leased and have active  negotiations on what little space we...

Last year billionaire hedge fund manager David Tepper held the title of New Jersey’s richest. But he has since moved (along with his $19 billion firm) to Florida, a state with no estate or personal income tax. Advantageous for him, perhaps: he logged about $1.2 billion in earnings in 2015. Not so much for the Garden State, as it might suffer a budget shortfall...