Lissette Calderon’s Neology Life nixed a 1,360-unit multifamily project after selling a development site near the Miami River for $54 million. An affiliate of Miami-based
Category: Business
Palm Beach County weekly condo sales dip to $54
Palm Beach County’s condo sales and dollar volume dipped in the first week of June. Brokers closed 91 condo sales totaling $53.9 million from
Steve Ross lands $600M financing for South Flagler House condos
Billionaire Related Ross Chairman and CEO Steve Ross secured $600 million in financing for his planned South Flagler House condo project in West Palm Beach.
Waste mogul’s $45M Palm Beach mansion tops signed contracts
An oceanfront mansion in Palm Beach asking $45 million led signed contracts in the county last week. Buyers signed 14 contracts between June 2 and
“Market is resetting”: South Florida’s office values decline after reaching record levels
South Florida’s office values are recalibrating. From late 2020 through 2022, the tri-county region became a magnet for out-of-state companies, prompting a leasing flurry, record
Simon expands at Dadeland Mall, pays $16M for JCPenney ground lease
Simon Property Group is JCPenney’s new landlord at Dadeland Mall in Kendall, acquiring the ground lease for the big box store for $15.6 million. An
Steve Mnuchin’s stepsister sells waterfront Palm Beach house for $24M
Lisa Hedley, the stepsister of former Treasury Secretary Steve Mnuchin, sold a waterfront Palm Beach house for $23.8 million. Records show Hedley and her husband,
Douglas Elliman exec Susan de França buys Boca Raton condo
Douglas Elliman executive Susan de França liked an Elliman development so much, she bought a unit there. Property records show de França, president and CEO
$12M Fisher Island closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume dipped in the first week of June. Brokers closed 123 condo sales totaling $115.1 million from May 30
Mexican REIT bosses drop $18M on another Acqualina condo
The heads of Mexico’s largest real estate investment trust, Fibra Uno, dropped $17.9 million on another condo at Sunny Isles Beach’s Estates at Acqualina. Records