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Category: Business

Oren Alexander sells his waterfront Sunset Islands mansion for M
Business

Oren Alexander sells his waterfront Sunset Islands mansion for $52M

June 20, 2025June 20, 2025

Oren Alexander and his wife sold their waterfront Miami Beach mansion for $51.5 million, as the disgraced broker sits in jail awaiting trial for federal

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Pompano Beach closing tops Broward weekly condo sales
Business

Pompano Beach closing tops Broward weekly condo sales

June 20, 2025June 20, 2025

Broward County’s condo sales and dollar volume dropped in the second week of June.    Brokers closed 99 condo sales totaling $30.3 million from June

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Kadima launches M Hallandale Beach mixed-use condo project
Business

Kadima launches $70M Hallandale Beach mixed-use condo project

June 19, 2025June 19, 2025

Kadima Developers is launching a $70 million mixed-use condo project in Hallandale Beach, marking the latest addition to the city’s residential development pipeline. Kadima’s Seven

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Oak Row scores 1M construction loan for Edgewater apartment tower
Business

Oak Row scores $211M construction loan for Edgewater apartment tower

June 18, 2025June 18, 2025

Oak Row Equities scored a $210.5 million construction loan for a 324-unit multifamily tower in Edgewater, The Real Deal has learned.   The deal comes amid

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Immocorp scores 7M construction loan apartment complex in West Palm’s Northwood
Business

Immocorp scores $117M construction loan apartment complex in West Palm’s Northwood

June 18, 2025June 18, 2025

A developer scored a $117 million construction loan for a 382-unit multifamily project in West Palm Beach’s Northwood District.  Immocorp Ventures –– a partnership between

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Mast Capital, BH close on Coconut Grove bulk condo deal
Business

Mast Capital, BH close on Coconut Grove bulk condo deal

June 18, 2025June 18, 2025

Mast Capital and BH Group paid at least $20 million for the majority of condos at an older building in Coconut Grove, The Real Deal

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Defunct Retreat Behavioral Health facility near Lake Worth Beach sells for M
Business

Defunct Retreat Behavioral Health facility near Lake Worth Beach sells for $16M

June 18, 2025June 18, 2025

A vacant, distressed drug treatment facility near Lake Worth Beach sold for $15.6 million, and the new landlord has secured Banyan Treatment Centers to move

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Mr. Fix-It Bob Vila sells waterfront Palm Beach house for M, down from M ask
Business

Mr. Fix-It Bob Vila sells waterfront Palm Beach house for $33M, down from $53M ask

June 18, 2025June 18, 2025

Bob Vila, the home improvement star known for his 1980s show “This Old House,” sold his waterfront Palm Beach home for a nearly $20 million

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Craig Robins’ Dacra, partners score 5M construction loan for Design District apartment project
Business

Craig Robins’ Dacra, partners score $125M construction loan for Design District apartment project

June 18, 2025June 18, 2025

Craig Robins’ Dacra and its partners landed a $125 million construction loan for a 107-unit apartment project in the Miami Design District.  The deal marks

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Developers propose large multifamily project on former church site in Fort Lauderdale 
Business

Developers propose large multifamily project on former church site in Fort Lauderdale 

June 18, 2025June 18, 2025

A group of developers are proposing a 422-unit multifamily project on a former church site in Fort Lauderdale’s Progresso Village.  The plans come as redevelopment

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