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Category: Business

This old house: Mr. Fix-It Bob Vila flips Palm Beach home for M
Business

This old house: Mr. Fix-It Bob Vila flips Palm Beach home for $13M

November 19, 2024November 19, 2024

The original home improvement star, Bob Vila, sold a non-waterfront Palm Beach home for $13.4 million, less than a year after paying $12.5 million for

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Merrimac Ventures launches sales of Fort Lauderdale condos 
Business

Merrimac Ventures launches sales of Fort Lauderdale condos 

November 19, 2024November 19, 2024

Merrimac Ventures is launching sales of its planned Bungalow East condo project in Fort Lauderdale with prices starting at $2 million. Merrimac, led by brothers

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South Florida retail king Ranaan Katz picks up Miramar shopping center for M
Business

South Florida retail king Ranaan Katz picks up Miramar shopping center for $42M

November 19, 2024November 19, 2024

An investors’ buying spree for South Florida shopping centers wouldn’t be complete without retail king Ranaan Katz getting in on the action.  An affiliate of

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Billionaire Ken Griffin linked to Miami condo buyout next to his planned supertall
Business

Billionaire Ken Griffin linked to Miami condo buyout next to his planned supertall

November 19, 2024November 19, 2024

Billionaire hedge fund manager Ken Griffin may be tied to a condo takeover attempt in Miami’s Brickell, next to where the Citadel founder plans a

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Jenny Bernell lands M in construction financing for 427-unit rental tower in Miami’s A&E District, amid record multifamily pipeline
Business

Jenny Bernell lands $95M in construction financing for 427-unit rental tower in Miami’s A&E District, amid record multifamily pipeline

November 19, 2024November 19, 2024

Jenny Bernell’s Clearline Real Estate landed a $94.5 million construction financing package to build an apartment project in Miami’s Arts & Entertainment District, as South

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Bayview Fisher Island closing tops Miami-Dade weekly condo sales 
Business

Bayview Fisher Island closing tops Miami-Dade weekly condo sales 

November 19, 2024November 19, 2024

Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 102 condo sales totaling $104 million from Nov. 10th to Nov. 17th. The

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Barnes & Noble widow Louise Riggio sells oceanfront Palm Beach compound for M 
Business

Barnes & Noble widow Louise Riggio sells oceanfront Palm Beach compound for $81M 

November 18, 2024November 18, 2024

Louise Riggio, the widow of Barnes & Noble founder Leonard Riggio, sold her oceanfront compound in Palm Beach for $81 million, making it one of

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Miami Beach investor Fred Karlton and partner won nearly M foreclosure judgment for Miami office building 
Business

Miami Beach investor Fred Karlton and partner won nearly $9M foreclosure judgment for Miami office building 

November 18, 2024November 18, 2024

Miami Beach investor Fred Karlton and his partner, Beneficial Funding Corp., secured an $8.7 million foreclosure judgment against the owner of an office building near

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Waterfront mansion asking nearly M tops signed contracts 
Business

Waterfront mansion asking nearly $18M tops signed contracts 

November 18, 2024November 18, 2024

The pending sale of a waterfront mansion in Golden Beach asking $17.7 million topped last week’s signed contracts report in Miami-Dade County.  The seven-bedroom, nine-bathroom

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Chetrit avoids foreclosure of Hollywood, Pompano Beach projects
Business

Chetrit avoids foreclosure of Hollywood, Pompano Beach projects

November 18, 2024November 18, 2024

Joe and Jacob Chetrit refinanced their massive Hollywood Beach and Pompano Beach projects, staving off a foreclosure attempt by Madison Realty Capital. Madison had launched

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