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Category: Business

Palm Beach County reaches M in weekly condo sales volume
Business

Palm Beach County reaches $31M in weekly condo sales volume

August 20, 2025August 20, 2025

Palm Beach County’s weekly condo sales and dollar volume held steady last week.  Brokers closed 64 condo sales totaling $31.4 million from Aug. 11 to

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Developers plan luxury condo project on former Salvation Army lot in Wynwood 
Business

Developers plan luxury condo project on former Salvation Army lot in Wynwood 

August 19, 2025August 19, 2025

Alchemy-ABR Investment Partners is moving forward with plans for a luxury condo project on the former Salvation Army property in Miami’s Wynwood neighborhood, The Real

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M Chateau Beach tops Miami-Dade weekly condo sales
Business

$15M Chateau Beach tops Miami-Dade weekly condo sales

August 19, 2025August 19, 2025

Miami-Dade County’s condo dollar volume rose last week, despite a dip in sales. Brokers closed 55 condo sales totaling $94.2 million from Aug. 11 to

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Keith Menin sells Miami-Dade taco joint spaces for a gain
Business

Keith Menin sells Miami-Dade taco joint spaces for a gain

August 19, 2025August 19, 2025

Keith Menin made gains selling a pair of commercial spaces in Coral Gables and Coconut Grove leased to his Bodega Taqueria y Tequila chain. An

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Babak Ebrahimzadeh sells Singer Island office building and garage with mixed-use dev potential for M
Business

Babak Ebrahimzadeh sells Singer Island office building and garage with mixed-use dev potential for $17M

August 19, 2025August 19, 2025

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

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Top Compass agent Angel Nicolas jumps to Serhant
Business

Top Compass agent Angel Nicolas jumps to Serhant

August 19, 2025August 19, 2025

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,

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Palm Beach County luxe signed contracts surge to 8M 
Business

Palm Beach County luxe signed contracts surge to $118M 

August 19, 2025August 19, 2025

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.

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Steve Ross-backed Wellington private school to open in 2028
Business

Steve Ross-backed Wellington private school to open in 2028

August 18, 2025August 18, 2025

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

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Ex-Advanta CEO sells Hillsboro Beach mansion for M
Business

Ex-Advanta CEO sells Hillsboro Beach mansion for $27M

August 18, 2025August 18, 2025

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

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AvalonBay drops M for 270-unit apartment complex in Coconut Creek 
Business

AvalonBay drops $98M for 270-unit apartment complex in Coconut Creek 

August 18, 2025August 18, 2025

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

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