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Category: Business

“Trash kingpin” Trump appointee sells oceanfront Palm Beach mansion for M
Business

“Trash kingpin” Trump appointee sells oceanfront Palm Beach mansion for $39M

June 26, 2025June 26, 2025

“Trash kingpin” Anthony Lomangino sold his oceanfront Palm Beach mansion for $38.8 million, three years after it hit the market. Records show Lomangino sold the

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Investor loses civil case to recoup M for development of Miami Beach condo project
Business

Investor loses civil case to recoup $1M for development of Miami Beach condo project

June 26, 2025June 26, 2025

An investor lost a civil case seeking to recoup his $1 million loss from the development of Three Hundred Collins, marking the end of a

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Mar-a-Lago Security Zone is Palm Beach’s hottest neighborhood
Business

Mar-a-Lago Security Zone is Palm Beach’s hottest neighborhood

June 26, 2025June 26, 2025

The best security money can buy, no traffic, private beach access and a five-minute walk to the golf club –– these are some of the

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Russell and Marisa Galbut’s GFO lands M loan to build Miami Beach Whole Foods
Business

Russell and Marisa Galbut’s GFO lands $54M loan to build Miami Beach Whole Foods

June 26, 2025June 26, 2025

Russell and Marisa Galbut’s GFO Investments scored a $54 million construction loan to build a new Whole Foods-anchored retail building in Miami Beach.  Miami-based Ocean

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Developers building Eturna condominium on Hollywood Beach
Business

Developers building Eturna condominium on Hollywood Beach

June 26, 2025June 26, 2025

Three co-developers have found buyers for about 40 percent of the units at Eturna, a boutique condominium on Hollywood Beach, and expect to complete construction

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L'Hermitage closing tops Broward weekly condo sales 
Business

L'Hermitage closing tops Broward weekly condo sales 

June 26, 2025June 26, 2025

Broward County’s condo sales and dollar volume rose last week.    Brokers closed 120 condo sales totaling $35.2 million from June 14 to June 22.

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Pitbull’s charter school could buy historic Olympia Theater from city of Miami in no-bid deal
Business

Pitbull’s charter school could buy historic Olympia Theater from city of Miami in no-bid deal

June 25, 2025June 25, 2025

City of Miami commissioners will vote on a resolution to sell the historic Olympia Theater in downtown Miami to rapper Pitbull’s charter school nonprofit.  The

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Blackstone’s South Florida industrial sell-off hits B
Business

Blackstone’s South Florida industrial sell-off hits $1B

June 25, 2025June 25, 2025

Blackstone and Link Logistics sold another South Florida industrial property — to surpass the $1 billion mark in six separate deals since November.  The sales

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Microsoft-linked buyer is assembling a 0M Palm Beach portfolio
Business

Microsoft-linked buyer is assembling a $350M Palm Beach portfolio

June 25, 2025June 25, 2025

A buyer linked to Microsoft is assembling a sprawling portfolio of Palm Beach properties, in a series of deals that will likely total more than

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DMD Ventures claims lender seeks unlawful foreclosure of Fort Lauderdale dev site
Business

DMD Ventures claims lender seeks unlawful foreclosure of Fort Lauderdale dev site

June 25, 2025June 25, 2025

DMD Ventures launched a preemptive legal strike in an attempt to stave off foreclosure of a 2-acre multifamily development site in Fort Lauderdale.  On June

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