Having trouble keeping up to date on all of Miami’s top real estate news? Some of this week’s top stories include Rockstar Energy Drink creator Russ Weiner’s multi-million dollar Miami Beach purchase and a talk of a new luxury tower in Midtown.

In case you missed it, here is a recap of this week’s top stories.

Rockstar home purchase – Rockstar Energy Drink creator Russ Weiner closed on a $20 million Miami Beach property this week, according to Brett Harris of Douglas Elliman, who reported the sale to the Wall Street Journal. The seven-bedroom house overlooking Biscayne Bay comes with 9,500 square feet of space, a swimming pool and a gym. Weiner reportedly paid in all cash.

Midtown to get new luxury tower, maybe – Atlanta-based Wood Partners filed plans this week with the City of Miami to erect a luxury rental tower in Midtown called Midtown 8. The project, which will be built on the 2900 block of Northeast First Avenue, will have 28 stories and feature 387 units, with a ground floor of nearly 30,000 square feet of retail space. Overall, the development will near 400,000 square feet and offer units ranging from studios to three-bedroom penthouses.

Retail explodes in Boca Raton – Data from Avison Young first reported by GlobeSt.com confirms that the hot retail market of Miami has caught fire north in Boca Raton. According to an Avison Young retail investment sales associate, Joshua Ladle, the group conducted an on-the-ground analysis of the city’s retail market and confirmed that vacancy rates are low and redevelopment is high.