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Category: Business

Turnberry Ocean Club closing tops Miami-Dade weekly condo sales 
Business

Turnberry Ocean Club closing tops Miami-Dade weekly condo sales 

February 4, 2025February 4, 2025

Miami-Dade County’s condo sales rose, while dollar volume fell last week. Brokers closed 97 condo sales totaling $71.2 million from Jan. 26 to Feb. 2.

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Two-way deal: Spec developer Aldo Stark buys William Cafaro’s Stone Creek Ranch mansion near Delray Beach for M
Business

Two-way deal: Spec developer Aldo Stark buys William Cafaro’s Stone Creek Ranch mansion near Delray Beach for $26M

February 3, 2025February 3, 2025

Spec developer Aldo Stark bought a Stone Creek Ranch mansion near Delray Beach from the Cafaro family for $26 million, just weeks after selling them

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CSL Partners, Presidium buy 260-unit Hialeah apartment complex for M, plan Live Local Act conversion 
Business

CSL Partners, Presidium buy 260-unit Hialeah apartment complex for $95M, plan Live Local Act conversion 

February 3, 2025February 3, 2025

CSL Partners and Presidium scooped up the 260-unit Pura Vida Hialeah apartment complex for $95 million, with plans for a Live Local Act conversion, The

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Ex-esports investor finds buyer for waterfront Miami Beach spec home
Business

Ex-esports investor finds buyer for waterfront Miami Beach spec home

February 3, 2025February 3, 2025

A former investor in the esports company Echo Fox secured a buyer for his waterfront spec home on the Venetian Islands, topping last week’s signed

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Movers & Shakers: Blanca CRE rolls out slate of leadership moves
Business

Movers & Shakers: Blanca CRE rolls out slate of leadership moves

February 3, 2025February 3, 2025

With the busy season in full swing, real estate firms are rolling out personnel and hiring changes across South Florida markets.  Miami-based Blanca Commercial Real

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February 3, 2025

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The Closing: Ramola Motwani
Business

The Closing: Ramola Motwani

February 3, 2025February 3, 2025

For years, Nitin and Dev Motwani have been the talking heads (and managing partners) of their family company, Merrimac Ventures, which has completed more than

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Meet Ken Griffin’s platoon of planners and professionals building his business in South Florida 
Business

Meet Ken Griffin’s platoon of planners and professionals building his business in South Florida 

February 3, 2025February 3, 2025

In less than three years, billionaire Ken Griffin has turned into one of South Florida’s biggest real estate tycoons.  The Daytona Beach native with a

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With Trump back in office, all eyes are on a changed Palm Beach
Business

With Trump back in office, all eyes are on a changed Palm Beach

February 3, 2025February 3, 2025

Election Day in Palm Beach was relatively quiet. The skies were overcast and schools were closed. Traffic caused by Donald Trump’s motorcade escort to the

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The Weekly Dirt: Why condo developers flush with optimism should think twice
Business

The Weekly Dirt: Why condo developers flush with optimism should think twice

February 2, 2025February 3, 2025

Some condo developers experienced slower sales in 2024. That didn’t stop developers from launching more projects.  Expect more of that this year, developers and brokers

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