Issue No. 1 · Week of Sep 28, 2026
Griffin, CMU and a $1B Wynwood exit reset the map
Carnegie Mellon confirmed a $3B gift from Ken Griffin on Sept. 30, with $2B for a CMU Miami campus on a 35-acre Wynwood site, subject to regulatory approvals. The same day, The Real Deal reported that Griffin closed a purchase of the Mana Wynwood complex for more than $1B. CMU has not confirmed that its site is the Mana property, and press and CMU acreage figures differ, so we list the link as reported.
Over the past month, Mana bought a Fort Lauderdale office tower for a reported $89M, Related Ross bought the Boca Raton Innovation Campus, and Houlihan Lokey opened a West Palm Beach office.
Read on for two items per market. Every item links to its evidence row on MiamiStats.
Miami MIA
- Aman Group unveils ATMA Miami, a 1,049-foot hotel and residential tower in Brickell. Aman Group announced ATMA Miami, the first location of its new ATMA brand, as a 1,049-foot tower at 1111 Brickell Bay Drive being developed by OKO Group and Oak Row Equities. Plans call for a hotel, branded residences, a private members' club and a 120,000-square-foot spa and wellness center, with completion estimated for 2031; no project cost was disclosed. PROFILEmiami · reported Evidence
- Ralgo Group buys 267-unit Kendall apartment complex for $53.5M. Ralgo Group of Miami bought the 267 apartments at 8520 SW 107th Ave from a Merco Group-led seller, about $200,000 per unit. Records cited by the outlet show the 1970s-built complex last sold for $8.5M in 1995. Closing date is not given in the source opened. Commercial Observer · reported Evidence
Fort Lauderdale FLL
- Fort Lauderdale voters approve new rules for selling and leasing city-owned property. Voters approved a charter change letting the commission sell city-owned land with four of five votes in place of the older bid-and-appraisal process, and adding tiered review for longer leases. A separate proposal to drop voter approval on larger public-property deals failed. Results were unofficial when reported. The Real Deal · reported Evidence
- PMG and Greybook secure $285M refinancing for Society Las Olas second tower. PMG and Greybook refinanced the second phase of Society Las Olas, a 42-story, 563-apartment tower completed this year in downtown Fort Lauderdale, with $285 million from Franklin Templeton's Benefit Street Partners, according to property records cited by the outlet. The loan replaces a $226 million construction loan from 2022; the outlet first reported $250 million and corrected the figure to $285 million. Commercial Observer · reported Evidence
Full Fort Lauderdale edition →
Boca Raton BCT
- CP Group-led venture acquires Mizner Park from Brookfield. CP Group, The Georgetown Company and ACRE, with StepStone as investment partner, bought the 838,840 SF office, retail and 272-unit residential district; Blackstone provided financing. The price is not in the source opened. This follows the February CRA vote on the ground leases already on this ledger. Connect CRE · reported Evidence
- CP Group venture lands $271.5M Blackstone loan for Mizner Park; price put at $193M. The CP Group-led venture that took control of Mizner Park through ground leases secured $271.5 million from Blackstone Real Estate Debt Strategies for the acquisition and planned renovation, according to property records cited by the outlet. The same report puts the purchase price at $193 million, a figure that was undisclosed when the acquisition was first announced. Commercial Observer · reported Evidence
West Palm Beach PBI
- West Palm CRA board votes 5-1 to deny West Palm Point deadline extension. The West Palm Beach Community Redevelopment Agency board voted 5-1 to deny the 17-month completion extension it had granted in September for Cohen Brothers Realty's West Palm Point office tower on the city-owned tent site, restoring the mid-2027 deadline. Board members cited changes in the financing partnership; the developer's attorney disputed that and said a $350 million construction mortgage is in place. The CRA director said the company is again in default of its lease and the consequences are not yet known. The Palm Beach Post (via Yahoo News) · reported Evidence
- Allen Morris Co. and Savanna announce 315-unit rental tower on North Dixie Highway. Allen Morris Co. and New York-based Savanna announced a partnership to build a rental tower with about 315 apartments and more than 7,000 square feet of commercial space at 1830 North Dixie Highway, designed by Oppenheim Architecture. Allen Morris Co. will lead development, with groundbreaking expected in the second half of 2027; no project cost was disclosed. Florida YIMBY · reported Evidence