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Category: Business

BH3 adds 200-plus units to its planned two-tower DNA project in Fort Lauderdale’s Flagler Village
Business

BH3 adds 200-plus units to its planned two-tower DNA project in Fort Lauderdale’s Flagler Village

March 12, 2025March 12, 2025

BH3 Management proposes 844 units at its two-tower project in Fort Lauderdale’s Flagler Village, up 38 percent from its previous plan.  Fort Lauderdale-based BH3 raised

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Collins Avenue retail storefront targeted in M foreclosure
Business

Collins Avenue retail storefront targeted in $6M foreclosure

March 12, 2025March 12, 2025

The retail woes along a stretch of Collins Avenue in South Beach have sparked a foreclosure lawsuit against a storefront owner that allegedly owes $5.5

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Freight heir sells waterfront Fort Lauderdale mansion for M after price cuts
Business

Freight heir sells waterfront Fort Lauderdale mansion for $15M after price cuts

March 12, 2025March 12, 2025

Freight heir Phillip Kirschbaum sold his waterfront mansion in Fort Lauderdale’s gated Coral Ridge Country Club for $15 million, following two years of price cuts.

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Russell Galbut plans 410-unit Live Local Act project in Miami-Dade, amid rush on state workforce housing law 
Business

Russell Galbut plans 410-unit Live Local Act project in Miami-Dade, amid rush on state workforce housing law 

March 12, 2025March 12, 2025

Russell Galbut’s GFO Investments plans a 410-unit Live Local Act apartment project in Miami-Dade County, as developers seize on the state affordable housing law.  Miami-based

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Brokerage Real Estate Authority merges with Charles Rutenberg Realty Fort Lauderdale
Business

Brokerage Real Estate Authority merges with Charles Rutenberg Realty Fort Lauderdale

March 12, 2025March 12, 2025

United Real Estate is expanding in South Florida.  The Dallas-based brokerage announced that its Charles Rutenberg Realty Fort Lauderdale merged with Real Estate Authority, a

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Florida bills aim to boost HOA and condo association oversight, ease structural integrity requirements 
Business

Florida bills aim to boost HOA and condo association oversight, ease structural integrity requirements 

March 12, 2025March 12, 2025

The Florida Legislature is considering bills this session that target two of the thorniest issues at condo and homeowners associations: alleged fraud and structural requirements. 

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Aragon closing tops Palm Beach County weekly condo sales 
Business

Aragon closing tops Palm Beach County weekly condo sales 

March 12, 2025March 12, 2025

Palm Beach County’s condo sales and dollar volume dipped in the first week of March. Brokers closed 111 condo sales totaling $57 million from Mar.

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Ralph Arias, Mirce Curkoski and Albert Justo nab top titles in One Sotheby’s annual awards
Business

Ralph Arias, Mirce Curkoski and Albert Justo nab top titles in One Sotheby’s annual awards

March 11, 2025March 11, 2025

Ralph Arias, One Sotheby’s International Realty’s top agent in 2024, closed almost all of his deals off-market last year. That amounted to $400.2 million in

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Only in America! Don King slapped with foreclosure lawsuit alleging M default
Business

Only in America! Don King slapped with foreclosure lawsuit alleging $5M default

March 11, 2025March 11, 2025

A lender is going toe-to-toe with Don King, alleging the Donald Trump loving boxing promoter defaulted on a $5.3 million mortgage.  An affiliate of Miami-based

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Nigerian national extradited to face decade-old federal charges in multimillion-dollar South Florida mortgage fraud scheme
Business

Nigerian national extradited to face decade-old federal charges in multimillion-dollar South Florida mortgage fraud scheme

March 11, 2025March 11, 2025

A man who authorities say played a key role in a multimillion-dollar mortgage fraud scheme in Florida was arraigned on Tuesday morning after he was

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