A distressed Holiday Inn site will hit the auction block next month, signaling a possible jumpstart for redeveloping one of the last major parcels in
Category: Business
Forest Development wins bid to build $325M project near Riviera Beach’s waterfront
The Riviera Beach Community Redevelopment Agency will negotiate the sale of 2.2 acres near the waterfront to Peter Baytarian’s Forest Development to build a mixed-use
Ritz-Carlton, Fort Lauderdale condo association files for bankruptcy
The condo association that governs the Ritz-Carlton, Fort Lauderdale condo-hotel filed for bankruptcy after losing a legal fight with two hospitality investment giants. The Castillo
Strike out! Washington Nationals owner sells Kendall apartment project at $42M loss
The billionaire family that owns the Washington Nationals struck out in the Kendall multifamily submarket. An affiliate of Rockville, Maryland-based Lerner Residential sold Motion at
Cornerstone, Brookstone propose 354-unit multifamily project in Little Havana
The Cornerstone Group and Brookstone Partners propose a 354-unit multifamily tower in Miami’s Little Havana neighborhood, amid an apartment building frenzy in South Florida. Cornerstone
Chetrit’s Pompano Beach condo dev site, Hollywood Beach Resort units head to UCC auction
Chetrit Group’s waterfront condo development site in Pompano Beach and its units at the Hollywood Beach Resort condo are headed to a Uniform Commercial Code
Trophy properties for sale: Record-breaking listings hit market as South Florida’s busy season revs up
Nine single-family homes are on the market in South Florida asking $100 million or more. As the tri-county region’s busy season for real estate sales
Former Brickell condo manager charged with alleged theft of $142K from association
A former manager for a Brickell condo tower was charged with allegedly diverting more than $142,000 from the association. Yissely Herrouet hired “phantom employees,” who
Palm Beach oceanfront estate hits market for $205M
An oceanfront estate in Palm Beach just hit the market for $205 million, making it the island’s most expensive trophy listing so far this season.
Foreign condo buyers dominate South Florida’s new development pipeline
It’s no secret that foreign investors fuel South Florida’s condo market, but a new report shows how international buyers now dominate new development sales in