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Category: Business

Russell Galbut makes another play for historic Miami-Dade courthouse
Business

Russell Galbut makes another play for historic Miami-Dade courthouse

April 9, 2025April 9, 2025

For the second time in eight years, Russell Galbut is seeking to make a deal with Miami-Dade County for control of the historic Flagler Street

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Adam Neumann lands 5M loan for Miami Flow House condos
Business

Adam Neumann lands $155M loan for Miami Flow House condos

April 9, 2025April 9, 2025

Adam Neumann scored a $155 million loan for his under-construction Flow House condos in downtown Miami. Invictus Real Estate Partners and Integritas Capital, both based

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Kirkland House closing tops Palm Beach County weekly condo sales 
Business

Kirkland House closing tops Palm Beach County weekly condo sales 

April 9, 2025April 9, 2025

Palm Beach County’s condo sales and dollar volume surged last week.  Brokers closed 174 condo sales totaling $216.4 million from Mar. 30 to Apr. 6.

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Stuart Miller won’t face fines for 5K in allegedly illegal political donations
Business

Stuart Miller won’t face fines for $125K in allegedly illegal political donations

April 8, 2025April 8, 2025

Lennar head honcho Stuart Miller won’t face punishment for allegedly dropping $125,000 in illegal political contributions to committees supporting Republican candidates. The Federal Elections Commission

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Biotech fund manager buys penthouse at Martin and Galbut’s Five Park tower
Business

Biotech fund manager buys penthouse at Martin and Galbut’s Five Park tower

April 8, 2025April 8, 2025

A biotech fund manager at Citadel’s Surveyor Capital paid $19.5 million for a penthouse at Five Park, Russell Galbut and David Martin’s Miami Beach condo

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DC construction boss drops M on Admirals Cove home in Jupiter
Business

DC construction boss drops $15M on Admirals Cove home in Jupiter

April 8, 2025April 8, 2025

Kenneth Grunley, CEO of Grunley Construction, bought a waterfront home in Jupiter’s gated Admirals Cove community for $15.3 million. Records show Grunley bought the house

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Related, Pebb and BH plan Live Local project along Fort Lauderdale waterfront
Business

Related, Pebb and BH plan Live Local project along Fort Lauderdale waterfront

April 8, 2025April 8, 2025

Another Live Local Act project involving Related Group is in the works along Fort Lauderdale’s waterfront. Coconut Grove-based Related, led by Jorge, Jon Paul and

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City National Bank of Florida opening new HQ in Coral Gables, marking year’s biggest office lease
Business

City National Bank of Florida opening new HQ in Coral Gables, marking year’s biggest office lease

April 8, 2025April 8, 2025

City National Bank of Florida will open a new 145,000-square-foot headquarters in Coral Gables, marking the biggest office lease in South Florida so far this

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Coast to coast: Californians are ditching the Golden State for Palm Beach
Business

Coast to coast: Californians are ditching the Golden State for Palm Beach

April 8, 2025April 8, 2025

Palm Beach buyers have always come from the Northeast — affluent families journey from New York, Connecticut and New Jersey to the island for tropical

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Regalia closing tops Miami-Dade weekly condo sales 
Business

Regalia closing tops Miami-Dade weekly condo sales 

April 8, 2025April 8, 2025

Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 152 condo sales totaling $131.8 million from Mar. 30 to Apr. 6. The

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