Stay informed with the latest Florida Business News, covering key developments, trends, and insights that shape the state’s dynamic economy. Discover how businesses are evolving, networking events, and market opportunities to stay ahead in the Sunshine State.
News Summary South Florida faces a housing crisis as skyrocketing home prices and stagnant wages push homeownership out of reach for many residents. Despite rising
News Summary In 2024, South Florida achieved a milestone with a $443 million office building sale, marking the largest commercial real estate transaction in the
News Summary Silver Airways has filed for Chapter 11 bankruptcy protection due to financial struggles stemming from the COVID-19 pandemic, rising costs, and supply chain
News Summary South Florida’s multifamily market is experiencing unprecedented growth, with 23,863 units expected to be completed by year-end, the highest since 2002. Despite a
News Summary In a major shift in the luxury retail sector, Saks Global has acquired Neiman Marcus Group for $2.7 billion. This acquisition introduces significant
News Summary Spirit Airlines has filed for Chapter 11 bankruptcy protection, amid severe financial struggles and prior unsuccessful merger attempts. Despite this move, the airline
News Summary Miami’s office rental market is experiencing a significant surge with average prices hitting $66.33 per square foot, a 15% rise from last year.
News Summary Miami is transforming from a vacation hotspot to a significant player in the tech industry. With influential investors supporting local startups, job growth
News Summary The PGA TOUR has officially opened its state-of-the-art PGA TOUR Studios in Ponte Vedra Beach, Florida. Spanning 165,000 square feet, this new facility
News Summary The Florida Retirement System Pension Plan achieved a net return of 10.5% for the fiscal year ending June 30, surpassing the median return
