Joe Sitt’s Thor Equities scored a bargain for a pair of Wynwood development sites, paying nearly $32 million below previous sale prices two years ago.
Category: Business
Miami restaurateur finds buyer for Coconut Grove home
The owner of a popular restaurant along the Miami River secured a buyer for his Coconut Grove home, topping luxury sales activity in Miami-Dade County
Movers & Shakers: DeSantis reappoints A-Rod Corp’s Erin Knight to Citizens Board
In the latest roundup of South Florida real estate hiring news, Gov. Ron DeSantis reappointed Erin Knight to the Citizens Property Insurance Corporation Board of
The Weekly Dirt: How the Fed’s rate cut could affect South Florida buyers
The Federal Reserve cut its benchmark interest rate by a quarter point. The reduction is not as substantial as some hoped, and it had already
Russell Galbut’s family office, partners buy Galleria Fort Lauderdale
Russell Galbut’s GFO Investments teamed up with InSite Group, Atlas Hill Real Estate and Prime Finance to buy Galleria Fort Lauderdale, sources told The Real Deal.
Grupo T&C scores approval for 56-story Edge House Miami
William Ticona’s Grupo T&C won approval for his planned Edge House Miami, a short-term rental-friendly project in Edgewater. The City of Miami’s Urban Development Review
Rabbi loses bid to dismiss Fontainebleau Miami Beach defamation lawsuit
Rabbi Shmuley Boteach lost his bid to toss out a defamation lawsuit accusing him of smearing Billionaire Jeff Soffer’s Fontainebleau Miami Beach. On Sept. 16,
Bunny seeks carrot: Playboy wants $800K from Miami Beach for HQ move
News broke last month that Playboy was trading Beverly Hills for the Magic City, but now the once-iconic brand is looking to sweeten the deal.
Legacy Residential boosts multifamily portfolio with $77M Broward purchase
Legacy Residential Group added to its South Florida multifamily portfolio by purchasing a Coconut Creek apartment community for $77 million. An affiliate of Miami-based Legacy,
Related completes Casamar tower in Pompano Beach with $350M sellout
Related Group completed its oceanfront Casamar condos in Pompano Beach, with a sellout of $350 million. Move-ins have begun, and the tower is nearly sold