Connect with us

Miami, FL

Heat’s Jimmy Butler out vs. Rockets, to sit for eighth time in last nine games

Published

on

Heat’s Jimmy Butler out vs. Rockets, to sit for eighth time in last nine games


MIAMI – Forward Jimmy Butler will miss his fourth consecutive game with a toe injury, listed out Sunday by the Miami Heat for Monday night’s game at Kaseya Center against the Houston Rockets.

The absence will be Butler’s eighth in the last nine games, previously out with a strained left calf. He then returned for the Dec. 30 road loss to the Utah Jazz, but left that game in the third quarter with what now is listed as an MP joint sprain of a toe on his right foot.

Under a new rule adopted in the offseason, players must appear in at least 65 games to qualify for postseason awards, such as All-NBA, ineligible if missing more than 17. Monday’s absence will be Butler’s 12th in the Heat’s first 36 games. Butler, 34, was second-team All-NBA last season.

In a more heartening turn, forward Haywood Highsmith has been cleared from NBA concussion protocol and will be available Monday after missing the past three games. Highsmith absorbed a blow to the head in the waning seconds of the loss in Utah.

Advertisement

Unlikely to return is forward Caleb Martin, who is listed as doubtful, having missed the past five games with a sprained left ankle.

Back with the Heat is center Orlando Robinson, after scoring 41 points in a Friday night G League appearance with the Sioux Falls Skyforce.

Sent to Skyforce for seasoning was two-way player Cole Swider, who is listed as out for Monday night.

Dragic’s decision

Butler is among those scheduled to attend Goran Dragic’s retirement celebration in August in Dragic’s native Slovenia, with the two having grown close during their time together with the Heat.

In the wake of announcing his retirement from basketball a week ago, Dragic, 37, revealed he had discussed a Heat return, but the Heat’s roster situation and position against the luxury tax ultimately precluded that possibility.

Advertisement

“The only option was Miami, with whom I was in talks,” Dragic told a Slovenia media outlet about his considerations for a final NBA season. “In the end, it didn’t work out because they have too many players under contract.”

Dragic said there also were offers to play in Europe, a path taken by his brother Zoran Dragic, who briefly played for the Heat and currently plays for Cedevita Olimpija of the Slovenian League.

“I will be honest. I had offers from Europe, from Milan, Madrid, Panathinaikos, Barcelona,” Goran Dragic said. “I never wanted to go back to Europe. I wouldn’t want to be without my children living in the U.S. for a year.”

Conditioning work had been ongoing.

“During this time I was at home, I trained every day, even now,” he said. “But my children are the most important to me now. I took them to school every day and saw how much time I lost in my career. That is the main reason I retired.”

Advertisement

Health also factored.

“My left knee is not in the best condition,” he acknowledged in the interview with Sportklub.



Source link

Miami, FL

Miami-Dade condo owners plead for help after weeks-long elevator outrage impacting residents’ health

Published

on

Miami-Dade condo owners plead for help after weeks-long elevator outrage impacting residents’ health


Condominium owners near Doral are appealing for help after their buildings have been without elevator service for weeks. They are speaking exclusively with CBS News Miami, sharing stories of hardship amid the area’s suffocating heat. Several owners, who are elderly and have disabilities, say they are struggling to climb the stairs.

This is not the first time the issue has plagued Parkwood Condominiums. Last July, CBS News Miami reported that one building in the complex had been without elevator service for more than a week.

Currently, service has been out at 9240 Fontainebleau Boulevard since May 14. The elevator at 9270 Fontainebleau Boulevard has been out of service since May 15, and the elevator at 9180 Fontainebleau Boulevard is also non-functional, though the duration there is unknown.

Ronald Bedenis, who has lived on the fifth floor of 9240 Fontainebleau Boulevard for 31 years, expressed worry for his wife and others.

Advertisement

“It’s terrible. People are having a really difficult time,” Bedenis said. “My wife cannot go out. I have an 80-year-old woman who cannot go down the stairs. Another neighbor is 104 years old, and she is in a wheelchair. How is she supposed to get down and buy food?”

His neighbor, 68-year-old Sandra Hanson, shared her struggle. “It is horrible. It is very bad because my husband is 80 years old and he cannot walk. He is very sick. He is stressed out,” Hanson said.

At 9270 Fontainebleau Boulevard, 77-year-old heart patient Luis Jorge said the outage is impacting his health.

“They put two catheters in my heart before, and I have another operation coming up,” Jorge said. “To go down is not a problem. But to go up is a problem. We called, and there is no one to talk to. I feel like I am in prison”.

His neighbor, Iris Hernandez, called the situation “frustrating”.

Advertisement

“It’s a big hardship, and I am in disbelief,” Hernandez said. “I feel like I am in a nightmare. I would like to see the elevator fixed”.

CBS News Miami contacted Atlas Property Management Services in Doral and received a statement from Joaquin Alvarez, the property manager.

Alvarez reported some progress at 9270 Fontainebleau Boulevard, where a damaged property edge was repaired, but they are waiting for a control card. At 9240 Fontainebleau Boulevard, Alvarez said the elevator had a damaged valve, and he expected a new one to be installed by the end of the week. He confirmed the Condominium Association had authorized repairs.

For 9180 Fontainebleau Boulevard, Alvarez said the problem involves a defective control board, which the elevator company is working with the manufacturer to resolve. He noted the issue has been ongoing “for a while” but did not provide a repair completion date for that building.

Advertisement



Source link

Continue Reading

Miami, FL

Developers pay off $115M in Miami construction loans as condos near sellout

Published

on

Developers pay off 5M in Miami construction loans as condos near sellout


South Florida developers knocked out a combined $115 million in construction loans for Miami condo towers that are nearly sold out, as the demand for hospitality-branded residences heats up in the region. 

North Development paid off a $70 million loan to Forman Capital and Core Capital for Domus Brickell Park, while Rosso Development and Midtown Development paid off a $45 million mortgage to Arkansas-based Bank OZK for The Standard Residences, Midtown Miami.

The projects have hit major milestones. 

North’s 172-unit Domus Brickell Park recently opened and has posted 120 closings, while Rosso and Midtown’s 228-unit Standard Residences is nearing completion with only five units left to sell.

Advertisement

North Development, a partnership between Ricardo Dunin’s Oak Capital and Juan Carlos Tassara’s Edifica, paid off its loan in April for the building at 1611 Southwest Second Avenue. 

The project offers a mix of studios, one-bedroom and two-bedroom units that are short-term rental friendly. Units were marketed from the $600,000s to $1.2 million.

Zyscovich Architects is the architect, and Urban Robot Associates is the interior design firm. Amenities include the Peacock Room, which Dunin previously described as an activated lobby with food and beverage concepts, a market, and co-working spaces for guests and the public that were inspired by the ACE hotel in New York. 

The payoff comes as North pushes ahead with Domus Brickell Center, another short-term-rental-friendly condo tower nearby. The developer said that 35-story, 579-unit project at 1034 Southwest Second Avenue is more than 50 percent sold and ahead of schedule. Less than a year ago, the project secured $220 million in financing, consisting of $180 million in C-PACE funding from Coral Gables-based Bayview PACE and a $40 million mortgage from Core Capital.

A few miles north, Rosso Development and Midtown Development paid off a $45 million construction loan for The Standard Residences, Midtown Miami, the first standalone residential project from the lifestyle hospitality brand. Another Standard-branded residential tower is under development in Brickell by Newgard Development Group and Two Roads Development.

Advertisement

Designed by Arquitectonica, the 12-story Midtown project includes 228 residences and more than 34,000 square feet of amenities, featuring a rooftop pool, pickleball court, coworking spaces and several food-and-beverage offerings, including a Juvia Group restaurant on the rooftop. 

Units range from 432 square feet to 965 square feet, and include studios to two-bedroom condos. Owners will be able to rent their units out for terms as short as one month. In October 2023, fewer than 35 units remained, priced between $500,000 to $1 million.

A JLL Capital Markets debt advisory team led by Brian Gaswirth and Jimmy Calvo arranged the financing in 2023. According to JLL, the loan was paid off ahead of schedule.

Bank OZK is one of South Florida’s most active condo construction lenders. The bank also provided PMG’s state record-setting $668 million construction loan for Waldorf Astoria Residences Miami, which is expected to become the tallest residential tower south of New York City.

Even as interest rates have gradually come down in recent years, the environment is still relatively high, and construction costs continue to climb.

Advertisement

Read more

Juvia to open rooftop restaurant at Standard Residences in Midtown

Rosso Development's Carlos Rosso and Standard International’s Amar Lalvani with rendering of Standard Residences

Development

South Florida

Advertisement

Standard Residences in Midtown Miami scores $45M construction loan

Dunin, Edifica Land $220M Financing for Domus Brickell Center

Residential

South Florida

Advertisement

Ricardo Dunin, Juan Carlos Tassara land $220M financing for Domus Brickell Center

Ricardo Dunin, Edifica Score $70M Loan for Brickell Condos

Development

South Florida

Advertisement

Ricardo Dunin, Peruvian partner score $70M loan for Domus Brickell





Source link

Continue Reading

Miami, FL

Family displaced after car crashes into southwest Miami-Dade home, leaving structure unlivable

Published

on

Family displaced after car crashes into southwest Miami-Dade home, leaving structure unlivable


A car crashed into a southwest Miami-Dade home Sunday evening, leaving the structure unlivable and displacing a family of five, authorities said.

The crash happened near the intersection of Monroe Street and Douglass Drive and involved two vehicles, according to the Miami-Dade Sheriff’s Office. Doorbell camera video captured the moment of impact and the chaotic aftermath as neighbors rushed to help.

Five family members were inside the home at the time of the crash, including an 84-year-old woman. No one inside the house was injured, but the damage to the home was extensive.

Cars crashed into a Southwest Miami-Dade home Sunday evening, making the house unlivable and forcing a family of five to leave, according to authorities.

Advertisement

Surveillance Footage from the doorbell camera


“I was frantic. I was scared,” said Ken Charles, a relative who rushed to the scene to check on his grandmother. “I had to jump up and head straight over here and see what’s really going on.”

A woman who lives in the home, who asked not to be identified by her full name, said she initially thought something far worse had happened.

“I didn’t know if it was a gunshot, if it was a bomb, if it was a police chase,” she said. “So I looked outside and saw the car smoking.”

Advertisement

Emergency crews transported three people involved in the crash to a hospital with injuries ranging from stable to critical, officials said. Doorbell video shows neighbors and occupants of the vehicles attempting to help the injured moments after the collision.

Residents in the neighborhood said speeding and drivers running stop signs are ongoing concerns in the area, though they said crashes this severe are uncommon.

“There is no reason for him to be going so fast,” the resident said.

The American Red Cross responded late Sunday evening to assist the displaced family with temporary housing. Charles said the family does not have insurance and is now facing major financial challenges.

“We really do need the help,” he said. “It’s very difficult, and it’s not easy. We don’t know how we are going to get by.”

Advertisement

Authorities have not released an update on the conditions of those injured or said whether any charges will be filed. The investigation remains ongoing.



Source link

Advertisement
Continue Reading
Advertisement

Trending