Katherine Kallergis

1 week ago | therealdeal.com | Katherine Kallergis

Swire Properties sold the site of its once-planned office supertall in Miami’s Brickell to the Melo Group for more than $200 million in an all-cash deal, The Real Deal has learned. The real estate arm of Hong Kong developer Swire sold the property at 700-799 Brickell Avenue, just months after canceling plans for the 1,000-foot-tall One Brickell City Centre high-rise, according to sources. The 2.8-acre property sold for $211.5 million.

1 week ago | therealdeal.com | Katherine Kallergis |Kate Hinsche

Gary Pohrer, one of Douglas Elliman’s top agents in Palm Beach, left the brokerage to join Ryan Serhant’s namesake firm, The Real Deal has learned. Pohrer, who was part of the Exclusive Group at Elliman, had been with the company for nearly a decade. His move to Serhant marks the brokerage’s first significant recruiting success in Palm Beach since it expanded to Delray Beach two years ago. Pohrer said he was drawn to the Serhant brand, its exposure and social media presence.

1 week ago | therealdeal.com | Katherine Kallergis

China became the top country searching for South Florida homes last month, pushing Colombia to the No. 2 slot. Potential buyers from China registered the most searches on Miami Association of Realtors’ public listings portal in April, according to the Miami Realtors. Colombia has held one of the top two spots for the last three years. While users in China represented 13 percent of all searches in April, Colombians accounted for 9 percent.

1 week ago | therealdeal.com | Katherine Kallergis

A condo asking $18.4 million at Mast Capital’s Perigon Residences in Miami Beach led last week’s signed contracts report.  Buyers signed 14 contracts for luxury properties in Miami-Dade County between May 19 and May 25, according to last week’s Eklund-Gomes report. The report tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent about 145 days on the market, on average.

1 week ago | therealdeal.com | Katherine Kallergis

Miami developers are dipping their toes back into the crypto buyer pool, nearly three years after the collapse of the cryptocurrency exchange FTX. Bitcoin buyers never disappeared, but developers have certainly shied away from them. PMG, which previously allowed buyers to convert their digital currency to cash via FTX, announced it is now working with Shift4, a payment processing company.