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Category: Business

Judge hits Tzadik CEO Adam Hendry and affiliates with .6M judgment over nationwide multifamily sales
Business

Judge hits Tzadik CEO Adam Hendry and affiliates with $10.6M judgment over nationwide multifamily sales

October 15, 2024October 15, 2024

A judge hit Adam Hendry, CEO of multifamily real estate firm Tzadik Management, and affiliated entities with a $10.6 million final judgment tied to sales

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Discount shopping: Easton nabs JCPenney store at Miami International Mall
Business

Discount shopping: Easton nabs JCPenney store at Miami International Mall

October 15, 2024October 15, 2024

Easton Group bought a JCPenney store at Miami International Mall, and the struggling retailer will stay on as the tenant. Ed Easton, chairman of his

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Price revealed: David and Victoria Beckham pay record M for waterfront Miami Beach spec mansion
Business

Price revealed: David and Victoria Beckham pay record $72M for waterfront Miami Beach spec mansion

October 15, 2024October 15, 2024

David and Victoria Beckham paid $72.3 million for a waterfront spec mansion in Miami Beach, setting a record for the city’s North Bay Road.  Retired

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Who’s on stage at TRD’s annual South Florida Forum, Nov. 6-7
Business

Who’s on stage at TRD’s annual South Florida Forum, Nov. 6-7

October 15, 2024October 15, 2024

The Miami market can’t decide whether to sink or swim.  Despite lagging condo sales and increasing office foreclosures, the city’s luxury resi segment continues to

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Investor and metals boss buys Bear’s Club mansion in Jupiter for M
Business

Investor and metals boss buys Bear’s Club mansion in Jupiter for $18M

October 15, 2024October 15, 2024

Investor and metals executive Daniel Rifkin dropped $17.7 million on a Bear’s Club mansion in Jupiter in an off-market deal. Records show Rifkin bought the

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Mapping the five proposed Live Local Act projects in Miami’s Wynwood
Business

Mapping the five proposed Live Local Act projects in Miami’s Wynwood

October 15, 2024October 15, 2024

On the corner of Northwest Sixth Avenue and Northwest 26th Street in Miami’s Wynwood, a developer wants to replace the one-story Austin Burke menswear store

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Lender seeks M foreclosure against Hollywood warehouse owner
Business

Lender seeks $13M foreclosure against Hollywood warehouse owner

October 14, 2024October 14, 2024

A Hollywood warehouse owner is in danger of losing the building to foreclosure. Nearly a dozen entities managed by David Frank in Miami allegedly failed

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MG Developer’s pipeline grows after landing M for Coral Gables condo project
Business

MG Developer’s pipeline grows after landing $15M for Coral Gables condo project

October 14, 2024October 14, 2024

MG Developer nabbed a $14.5 million loan for pre-development costs associated with a planned Coral Gables boutique condominium project. Three New Tork-based lenders, H Equities,

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Buyer revealed: Kushner purchasing Hamilton apartment tower in Miami’s Edgewater for 0M
Business

Buyer revealed: Kushner purchasing Hamilton apartment tower in Miami’s Edgewater for $190M

October 14, 2024October 14, 2024

Aimco is selling the bayfront Hamilton apartment tower in Miami’s Edgewater to Kushner Companies, The Real Deal has learned.  Denver-based Aimco, led by CEO Wes

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Oceana Bal Harbour developer finds buyer for M penthouse 
Business

Oceana Bal Harbour developer finds buyer for $24M penthouse 

October 14, 2024October 14, 2024

Oceana Bal Harbour developer Eduardo Costantini found a buyer for a penthouse that’s asking $23.5 million, topping last week’s residential signed contracts report in Miami-Dade

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