FINANCIAL_SERVICESAPPROVED

City of Miami Beach Awards $15,000,000 Financial Services Contract to Intercontinental Real Estate (March 2026)

The Board’s previously approved portfolio rebalancing includes funding a $15,000,000 capital call to Intercontinental Real Estate by April 9, 2026. This transaction increases the pension fund’s allocation to its existing real estate investment mandate.

Status
APPROVED
Document date
March 19, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Intercontinental Real Estate
Agency
City of Miami Beach · FL

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$15,000,000
Contract type
FINANCIAL_SERVICES
Renewal
Represents a follow-on capital contribution under an existing real estate investment agreement rather than a new contract term.
Document type
Minutes
Source document
City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Minutes 2026-03-19

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Miami Beach?

Intercontinental Real Estate was awarded this financial services contract by City of Miami Beach, as recorded on March 19, 2026. The contract value is $15,000,000.

How much is the Intercontinental Real Estate contract with City of Miami Beach worth?

The Intercontinental Real Estate contract with City of Miami Beach is valued at $15,000,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City Pension Fund for Firefighters and Police Officers in the City of Miami Beach Minutes 2026-03-19 (Minutes), dated March 19, 2026 from City of Miami Beach. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Intercontinental Real Estate hold?

Intercontinental Real Estate may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

View Intercontinental Real Estate's profile

What is City of Miami Beach currently buying?

Explore City of Miami Beach's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.

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