Palm Beach County’s condo sales and dollar volume dropped last week. Brokers closed 76 condo sales totaling $31.4 million from Aug. 4 to Aug. 10.
Category: Business
“The world turned”: Why developers are selling South Florida multifamily sites
A developer planned to complete a 141-unit apartment building in Miami’s Wynwood Norte neighborhood last year. The project was first revealed in the fall of
Billionaire Best Buy founder linked to $27M purchase of Venetian Islands spec home
Richard Schulze, the billionaire founder of Best Buy, is linked to the $27 million purchase of a waterfront spec home on Miami Beach’s Venetian Islands.
Masoud and Stephanie Shojaee’s Shoma proposes 201-unit Live Local Act project in Coral Gables
Shoma Group proposes a 201-unit Live Local Act apartment project in Coral Gables, marking the first known development in the city under the state’s affordable
$18M Boca Raton mansion tops Palm Beach County signed contracts
Two homes in Boca Raton’s most expensive neighborhood, Royal Palm Yacht & Country Club, topped signed contracts in Palm Beach County last week. Buyers signed
Judge sides with hotel owner in Kimpton Miami Beach squabble
Siblings Sean and Nicole Mirmelli suffered a significant setback in their legal battle to kill a 99-year ground lease tied to one of two parcels
Jade Signature closing tops Miami-Dade weekly condo sales
Miami-Dade County condo sales dipped last week. Brokers closed 80 condo sales totaling $82,283,112 from Aug. 4 to Aug. 10. The previous week, brokers closed
Adam Neumann’s Flow, partners take majority stake in Chetrit’s Miami River megaproject
The Chetrit Group is bringing on a partnership led by billionaire Adam Neumann’s Flow, Canada Global and billionaire Yakir Gabay’s Yellowstone Trust as the majority
Repo king sells waterfront Fort Lauderdale mansion to Michael Andretti for $27M
Retired racing driver Michael Andretti paid $27.4 million for a waterfront compound in Fort Lauderdale, marking one of the priciest home sales in the city
AIDS Health Foundation drops $24M for Miami Gardens hotel in all-cash deal
In an all-cash deal, a Los Angeles-based organization that provides affordable housing to individuals diagnosed with HIV and AIDS bought an aging Miami Gardens hotel