Palm Beach County’s condo sales and dollar volume rose in the last week of May. Brokers closed 129 condo sales totaling $62.6 million from May
Category: Business
Miami-Dade’s taxable property values reach $512B, as growth slows
Taxable property values in Miami-Dade keep growing, but momentum is easing — and condos are dragging down the market, according to the property appraiser’s latest
Barry Sternlicht’s Starwood sells West Palm retail center for $133M
Barry Sternlicht’s Starwood Capital Group sold a Whole Foods-anchored shopping center in West Palm Beach for $133.2 million. An affiliate of Atlanta-based Invesco purchased The
Grover Corlew scores $92M construction loan for 312-unit apartment project in Fort Lauderdale
Grover Corlew scored a $92 million construction loan for a 312-unit apartment project in Fort Lauderdale. The deal comes as lending continues to flow in
Mansion in Boca Raton’s most expensive neighborhood sells for $32M
A family that made its fortune in perfumes sold their late mother’s waterfront Boca Raton mansion for $31.5 million in an off-market deal. It marks
Indefinitely deferred: Massive Little Haiti project remains mysteriously pending for four years
Four years ago, Justin Podolsky’s proposed massive mixed-use project in Miami’s Little Haiti overcame a major hurdle. The 5.9 million-square-foot development made it past a
$20M Surf Club Four Seasons closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume surged in the last week of May. Brokers closed 129 condo sales totaling $151.4 million from May 23
Onyx Tower in Hallandale Beach trades for $52M, buyer scores $77M loan
A 28-story office tower in Hallandale Beach traded for $52.2 million, and the buyer landed a $77.2 million loan. Aventura-based Inmobiliaria Brom, through its affiliate
Zach Vella-led partnership could lose Wynwood buildings to foreclosure
Four Wynwood commercial buildings owned by a Zach Vella-led partnership are facing foreclosure less than a year after they were purchased. On May 21, an
French retail mogul finds buyer for waterfront Venetian Islands home
French commercial real estate investor Nicolas Chambon is bidding adieu to his waterfront Miami Beach home, asking $29.5 million. Chambon’s pending sale topped last week’s