Private credit firm Favo Capital bought a 277-unit apartment tower facing Young Circle in Hollywood for $190 million. The deal marks one of the priciest
Category: Business
Summer slowdown: Broward weekly condo sales drop to $29M
Broward County’s condo sales and dollar volume dropped last week. Brokers closed 96 condo sales totaling $29 million from Aug. 4 to Aug. 10. That’s
Facing foreclosure, Miami Beach hotel owner sues Wells Fargo
Hit with foreclosure complaints from two separate lenders, the owner of a Miami Beach hotel is suing one of them for alleged fraud, unjust enrichment
Robert Rivani lands Playboy HQ for Miami Beach office building
Playboy will take its ongoing makeover from Los Angeles to Miami Beach, as the once- iconic brand is moving its headquarters to Robert Rivani’s office
Wellington OK’s zoning changes for Mark Bellissimo’s planned Marketplace
Developer Mark Bellissimo won zoning changes needed for the next phase of his plan to reimagine the epicenter of American equestrian sports. Wellington’s Village Council
Empira plans 161-unit luxury multifamily project in Coral Gables, pays $18M for dev site
Empira Group bought a development site in Coral Gables for $18 million, with plans for a 161-unit luxury multifamily project. The deal marks the Swiss
Palm Beach County weekly condo sales dip to $31M
Palm Beach County’s condo sales and dollar volume dropped last week. Brokers closed 76 condo sales totaling $31.4 million from Aug. 4 to Aug. 10.
“The world turned”: Why developers are selling South Florida multifamily sites
A developer planned to complete a 141-unit apartment building in Miami’s Wynwood Norte neighborhood last year. The project was first revealed in the fall of
Billionaire Best Buy founder linked to $27M purchase of Venetian Islands spec home
Richard Schulze, the billionaire founder of Best Buy, is linked to the $27 million purchase of a waterfront spec home on Miami Beach’s Venetian Islands.
Masoud and Stephanie Shojaee’s Shoma proposes 201-unit Live Local Act project in Coral Gables
Shoma Group proposes a 201-unit Live Local Act apartment project in Coral Gables, marking the first known development in the city under the state’s affordable