In the wake of Hurricane Milton, developers and contractors in the Tampa Bay area are evaluating damage at project sites, calling insurers and preparing
Category: Business
Värde seeks $77M foreclosure against Coral Gables office complex owner
Värde Partners is foreclosing on the owner of a Coral Gables office complex for allegedly defaulting on a $68.9 million mortgage. Since August, the amount
Aimco under contract to sell Hamilton multifamily tower, nearby Edgewater dev site for $204M combined
Aimco is selling the Hamilton apartment tower in Edgewater and a nearby development site for a combined $204 million. The pending deals come as the
“Broken promises:” Broker sues ex-husband over commission on $57M sale of Star Island estate
Broker Alyssa Morgan spent a year and a half trying to sell her ex-husband’s waterfront Star Island mansion in Miami Beach, coordinating showings and negotiating
Lennar drops $54M for 172 homesites at Lotis mixed-use project in Wellington
Lennar paid $54 million for 172 homesites at a planned mixed-use project in Wellington, marking the homebuilder’s continued residential investment. Miami-based Lennar bought the nearly
Azure closing tops Palm Beach County weekly condo sales
Palm Beach County’s sales and dollar volume rose last week. Brokers closed 123 condo sales totaling $54.7 million from Sept. 29th to Oct. 6th. The
Ares cements top ranking for pricey purchases in South Florida, paying $147M for Miami Lakes industrial complex
Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the
MG Developer, Prosper pay $31M for North Bay Village condo dev site
MG Developer teamed up with Prosper Group to acquire a waterfront condo development site in North Bay Village for $30.9 million, The Real Deal has
Bluenest buys Homestead site for 219 townhouses, as south Miami-Dade resi development keeps surging
Bluenest Development bought a Homestead site with plans for 219 townhouses, as residential construction in south Miami-Dade County continues to surge. The Miami-based firm scooped
East Capital’s Miami-Dade industrial buying binge continues with $48M purchase near Aventura
East Capital Partners is amassing industrial properties in Miami-Dade County, buying its third warehouse complex this year. An affiliate of Darien, Connecticut-based East Capital, led