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Category: Business

Swerdlow buys 2-acre Miami dev site for its 5,000-plus-unit workforce, affordable project
Business

Swerdlow buys 2-acre Miami dev site for its 5,000-plus-unit workforce, affordable project

August 14, 2025August 14, 2025

Swerdlow Group bought a nearly 2-acre development site in Miami’s Little River neighborhood for $11.5 million.  The property will be part of Swerdlow’s planned 5,000-plus

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Roers scores M in financing for two Naples multifamily projects
Business

Roers scores $91M in financing for two Naples multifamily projects

August 14, 2025August 14, 2025

Roers Companies landed $91.4 million in construction financing to build a pair of Naples multifamily projects. Los Angeles-based Kayne Anderson provided a senior mortgage of

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Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Residences begins vertical construction with financing infusion
Business

Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Residences begins vertical construction with financing infusion

August 14, 2025August 14, 2025

Billionaires Vlad Doronin and Len Blavatnik’s delayed Aman Miami Beach is moving forward with new mezzanine financing.  Records show the developer secured $85 million in

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Favo buys 277-unit apartment tower in Hollywood for 0M
Business

Favo buys 277-unit apartment tower in Hollywood for $190M

August 14, 2025August 14, 2025

Private credit firm Favo Capital bought a 277-unit apartment tower facing Young Circle in Hollywood for $190 million.  The deal marks one of the priciest

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Summer slowdown: Broward weekly condo sales drop to M
Business

Summer slowdown: Broward weekly condo sales drop to $29M

August 14, 2025August 14, 2025

Broward County’s condo sales and dollar volume dropped last week.  Brokers closed 96 condo sales totaling $29 million from Aug. 4 to Aug. 10. That’s

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Facing foreclosure, Miami Beach hotel owner sues Wells Fargo 
Business

Facing foreclosure, Miami Beach hotel owner sues Wells Fargo 

August 13, 2025August 13, 2025

Hit with foreclosure complaints from two separate lenders, the owner of a Miami Beach hotel is suing one of them for alleged fraud, unjust enrichment

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Robert Rivani lands Playboy HQ for Miami Beach office building
Business

Robert Rivani lands Playboy HQ for Miami Beach office building

August 13, 2025August 13, 2025

Playboy will take its ongoing makeover from Los Angeles to Miami Beach, as the once- iconic brand is moving its headquarters to Robert Rivani’s office

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Wellington OK’s zoning changes for Mark Bellissimo’s planned Marketplace 
Business

Wellington OK’s zoning changes for Mark Bellissimo’s planned Marketplace 

August 13, 2025August 13, 2025

Developer Mark Bellissimo won zoning changes needed for the next phase of his plan to reimagine the epicenter of American equestrian sports. Wellington’s Village Council

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Empira plans 161-unit luxury multifamily project in Coral Gables, pays M for dev site
Business

Empira plans 161-unit luxury multifamily project in Coral Gables, pays $18M for dev site

August 13, 2025August 13, 2025

Empira Group bought a development site in Coral Gables for $18 million, with plans for a 161-unit luxury multifamily project.  The deal marks the Swiss

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Palm Beach County weekly condo sales dip to M 
Business

Palm Beach County weekly condo sales dip to $31M 

August 13, 2025August 13, 2025

Palm Beach County’s condo sales and dollar volume dropped last week.  Brokers closed 76 condo sales totaling $31.4 million from Aug. 4 to Aug. 10.

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