The developers of Ritz-Carlton Residences, South Beach are moving forward with plans to revamp a portion of Lincoln Road. Miami Beach commissioners approved a resolution
Category: Business
Billionaire Nelson Peltz takes out $69M mortgage on oceanfront Palm Beach estate
Billionaire investor Nelson Peltz and his wife, Claudia, took out a $68.5 million mortgage on their oceanfront Palm Beach estate known as Montsorrel. Records show
Palm Beach County condo sales surge to $37M
Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 94 condo sales totaling $37.1 million from July 28 to Aug. 3.
Dubai hospitality firm buys Brickell City Centre dev site for $45M
Dubai-based hospitality firm Kerzner International bought a Brickell City Centre development site for $45 million. The deal marks Swire Properties’ continued divestment of Brickell City
Investment banker sells waterfront Key Biscayne home for $32M
Latin American investment banker Daniel Canel and his wife, Silvia Estela, sold their waterfront Key Biscayne home for $31.8 million. The sale marks one of
East Capital JV sells Hialeah warehouse, Homestead acreage for $53M
East Capital Partners and Vlietco Enterprises sold a recently completed Hialeah warehouse and 15 undeveloped acres near Homestead for $52.8 million. An affiliate of Martinez
Integra offers $21M stalking horse bid for distressed Pembroke Pines condo complex
Integra Real Estate offered $20.5 million for a sprawling Pembroke Pines condo complex in receivership, setting the floor price for an upcoming auction of the
$12M Boca Raton spec mansion tops signed contracts
A waterfront spec mansion in Boca Raton asking $12 million was the most expensive listing to find a buyer in Palm Beach County last week.
South Florida developer, real estate attorney Isaac Kodsi dies at 59
South Florida developer and longtime real estate attorney, Isaac Kodsi, died last weekend at the age of 59. Isaac founded and led Ark Capital Group,
Lease roundup: Lefferts lands steakhouse at North Beach condo tower, Swiss skin care giant plans Brickell HQ
Ezio’s Steakhouse | Miami Beach An Italian-inspired steakhouse and seafood restaurant will open at Lefferts’ recently completed 72 Park condo tower in Miami Beach.