Harry Macklowe sold a development site he planned for a 770-unit multifamily complex for $20 million, marking a 37 percent discount from its purchase price
Category: Business
DOGE slashes nearly 217K sf of government leases across Florida
The DOGE slashathon has led to the cancellation of nearly 217,000 square feet of federal government leases in Florida, with slightly more than a third
Billionaire developer Steve Ross buying nearly half of Miami Open
Billionaire Steve Ross is buying a stake in the Miami Open, marking the real estate mogul’s continued investment in South Florida sports. The 85-year-old is
Related, Dezer and BH complete Sunny Isles buyout for planned condo tower
A trio of real estate heavyweights closed on the remaining units at an aging condo complex in Sunny Isles Beach for $131.8 million, after more
Enrique Iglesias is assembling land across from his Bay Point compound in Miami
A company tied to Enrique Iglesias added to his and his partner, retired tennis star Anna Kournikova’s compound in Miami’s Bay Point. Records show an
$10M Admirals Cove mansion tops Palm Beach County signed contracts
Palm Beach County’s buyers are on summer vacation, and they’re signing fewer contracts for luxury homes. Buyers signed just seven contracts between June 23 and
Il Villaggio closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume plunged last week, following a mid-month market surge. Brokers closed 84 condo sales totaling $60.1 million from June
Inside financier Forman Capital’s playbook amid private lending boom
Late last year, a developer needed a hefty loan to get started on a 15-story condo tower in Naples. Prospects were grim. Banks had retrenched
Ex-basketball player Raanan Katz keeps growing his South Florida retail empire
Those who can’t ball anymore, make it their logo. Raanan Katz loves basketball and shopping centers. But the 89-year-old Israeli-born retail investor is no longer
The Closing: Jon Paul Pérez
Jon Paul Pérez assumed that he would start working at his father’s company, the Related Group, shortly after graduating from college. It made sense. He