Investor Babak Ebrahimzadeh sold an office building and an adjacent garage with mixed-use development potential in Riviera Beach’s Singer Island for $16.5 million. Ebrahimzadeh, through
Category: Business
Top Compass agent Angel Nicolas jumps to Serhant
Angel Nicolas, a top agent at Compass with more than $200 million in combined sales over the past year, left the brokerage to join Serhant,
Palm Beach County luxe signed contracts surge to $118M
Asking dollar volume for signed contracts in Palm Beach County surged last week, rallying to a late summer high. Buyers signed 18 contracts between Aug.
Steve Ross-backed Wellington private school to open in 2028
A private school planned for Wellington’s K-Park and backed by billionaire Related Ross Chairman Steve Ross is set to open to students in 2028. Wingrove
Ex-Advanta CEO sells Hillsboro Beach mansion for $27M
Ex-Advanta CEO Dennis Alter sold his oceanfront Hillsboro Beach mansion for $27.1 million, The Real Deal has learned. Alter sold the home at 1111 Hillsboro
AvalonBay drops $98M for 270-unit apartment complex in Coconut Creek
AvalonBay Communities bought a 270-unit apartment complex in Coconut Creek for $98.3 million, marking an uptick in South Florida multifamily investment sales. Arlington, Virginia-based AvalonBay
Ophthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts
The summer slowdown hit especially hard last week for luxury residential properties across Miami-Dade County. Buyers signed nine contracts between Aug. 11 and Aug. 17,
Lease roundup: Ultra Padel opening in Midtown Miami, Ugo Colombo lands Italian restaurant at Grove Isle condo project
Ultra Club Midtown | Miami A 2-acre padel club will open at a planned $2 billion mixed-use development at Midtown Miami, reportedly marking the largest
Movers & Shakers: United Capital taps Adam Lipkin as managing director
In the latest roundup of South Florida real estate hiring news, firms tapped new leaders and brokers made moves. Miami Beach-based United Capital tapped Adam
The Weekly Dirt: Developers bail on South Florida’s multifamily boom
The cycle for new multifamily construction is ending, and owners of multifamily development sites are looking for an out. It makes sense. Many developers are