INDUSTRY NEWS: Builders Association of South Florida Celebrates Industry Leadership at 2025 Holiday & Awards Celebration

December 11, 2025

December 11, 2025 — The Builders Association of South Florida (BASF) hosted its annual Holiday and Awards Celebration this evening, bringing together industry leaders, elected officials, public-sector partners, and BASF members to honor another exceptional year of collaboration, advocacy, and community impact. The event was led by Master of Ceremonies Jose Felix Diaz, who opened the celebration by recognizing BASF’s commitment to its core mission: ensuring a streamlined permit process, advancing legislative advocacy, and strengthening partnerships across municipal, county, state,[...]

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CLIENT NEWS: Michael Stern, partners buy Miami Beach development site, Bikini Hostel property for $120M

September 4, 2025

Developer Michael Stern bought the development site for a planned waterfront condo tower in Miami Beach for roughly $120 million, The Real Deal has learned. Stern, who is working with developer David Martin on the project, completed the bulk purchase of Bay Garden Manor at 1250 West Avenue, according to sources. Martin took an interest in the deal in late July. Stern’s other partners include Gianluca Vacchi’s GV Development and RG Development. The price includes the bulk condo purchase and[...]

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CLIENT NEWS: A new cancer hub is opening in Miami Beach soon. Here’s what patients can expect

September 3, 2025

Mount Sinai’s new Miami Beach cancer hub is nearly ready. You can see the five-story glass building as you drive into Miami Beach, nestled along the picturesque coast of Biscayne Bay. Hospital executives say the Braman Comprehensive Cancer Center was designed with wellness in mind, to provide care not just for the patient’s physical health but for their mental and emotional health, too. Mount Sinai Medical Center wants to “redefine cancer care in South Florida by combining world-class medical innovation[...]

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CLIENT NEWS: David Martin joins Michael Stern and his partners on planned South Beach condo tower

September 2, 2025

Developer David Martin is now involved in Michael Stern’s planned luxury condo tower in Miami Beach, sources told The Real Deal. State records show that in late July, Martin’s name and Terra’s address were added to LLCs that are tied to the planned project. JDS Pulse, an anonymous blog that Stern sued in May, first disclosed Terra’s involvement. Martin’s Coconut Grove-based Terra does have an interest in the deal to develop the condo project at 1250 West Avenue, a spokesperson[...]

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CLIENT NEWS: Robert Rivani doubles down on Lincoln Road with $37M retail purchase

August 29, 2025

Robert Rivani is doubling down on Miami Beach’s Lincoln Road, acquiring a former theater now anchored by fashion retailer H&M for $37 million. An affiliate of Miami-based Rivani, formerly called Black Lion, bought Lincoln Theatre, a historic Art Deco building at 551 Lincoln Road, a press release states. JLL’s Danny Finkle and Evan Lahr brokered the deal. The seller, an affiliate of Miami Beach-based Savitar Realty Advisors, led by Clifford Stein, paid $21.5 million for the building in 2010, records[...]

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CLIENT NEWS: BH Group, Kolter could replace Miami Beach hotels with luxury condo

August 27, 2025

BH Group and Kolter Group filed plans to demolish two oceanfront hotels in the North Beach neighborhood of Miami Beach in order to build a luxury condo. The city’s Historic Preservation Board will consider plans for the 1.08-acre site at 6985 and 6979 Collins Ave. on Sept. 16. BHK Crystal Beach LLC, a partnership between Aventura-based BH Group and Delray Beach-based Kolter Group, acquired the 84-room Crystal Beach Suites at the former address for $24 million in 2023. It was[...]

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