Which team is the real deal?

The Miami Marlins are not known for their high-octane play, but they have won four straight World Series and have been a favorite in the East for some time.While the team was recently criticized for trading for the No. 2 overall pick in this year’s draft, the Marlins have had some big years this season, […]

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Microsoft says it’s buying Miami real estate for $6 billion

Microsoft has acquired a majority stake in a Miami real-estate development firm, with plans to redevelop it into luxury condos and apartments.The acquisition of the Miami Development Authority (MDA), which has been in existence since 2007, is valued at $6.9 billion, the company announced in a blog post Tuesday.The MDA is the largest and most […]

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How a Miami real estate mogul turned a luxury hotel into a global hotel chain

The Miami-based mogul who built a $150 million luxury hotel empire with the help of a string of investors has been charged with racketeering, authorities said Tuesday.Shuhei Yoshimura, the chairman and CEO of the Mitsubishi Group, faces a number of charges including conspiracy, wire fraud, money laundering and racketeering.The charges come days after he was […]

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Florida real estate prices jump for first time in three years

The Miami-area real estate market has gained more than 3% in three months, pushing its overall annualized gains to $1.5 billion, the largest quarterly gain since August, according to the U.S. Census Bureau.The statewide gains in home sales and other types of transactions were also up about 10%.Real estate sales in the Miami area, the […]

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