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Category: Business

Keith Menin sells Miami-Dade taco joint spaces for a gain
Business

Keith Menin sells Miami-Dade taco joint spaces for a gain

August 19, 2025August 19, 2025

Keith Menin made gains selling a pair of commercial spaces in Coral Gables and Coconut Grove leased to his Bodega Taqueria y Tequila chain. An

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Babak Ebrahimzadeh sells Singer Island office building and garage with mixed-use dev potential for M
Business

Babak Ebrahimzadeh sells Singer Island office building and garage with mixed-use dev potential for $17M

August 19, 2025August 19, 2025

Investor Babak Ebrahimzadeh sold an office building and an adjacent garage with mixed-use development potential in Riviera Beach’s Singer Island for $16.5 million.  Ebrahimzadeh, through

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Top Compass agent Angel Nicolas jumps to Serhant
Business

Top Compass agent Angel Nicolas jumps to Serhant

August 19, 2025August 19, 2025

Angel Nicolas, a top agent at Compass with more than $200 million in combined sales over the past year, left the brokerage to join Serhant,

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Palm Beach County luxe signed contracts surge to 8M 
Business

Palm Beach County luxe signed contracts surge to $118M 

August 19, 2025August 19, 2025

Asking dollar volume for signed contracts in Palm Beach County surged last week, rallying to a late summer high.  Buyers signed 18 contracts between Aug.

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Steve Ross-backed Wellington private school to open in 2028
Business

Steve Ross-backed Wellington private school to open in 2028

August 18, 2025August 18, 2025

A private school planned for Wellington’s K-Park and backed by billionaire Related Ross Chairman Steve Ross is set to open to students in 2028. Wingrove

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Ex-Advanta CEO sells Hillsboro Beach mansion for M
Business

Ex-Advanta CEO sells Hillsboro Beach mansion for $27M

August 18, 2025August 18, 2025

Ex-Advanta CEO Dennis Alter sold his oceanfront Hillsboro Beach mansion for $27.1 million, The Real Deal has learned. Alter sold the home at 1111 Hillsboro

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AvalonBay drops M for 270-unit apartment complex in Coconut Creek 
Business

AvalonBay drops $98M for 270-unit apartment complex in Coconut Creek 

August 18, 2025August 18, 2025

AvalonBay Communities bought a 270-unit apartment complex in Coconut Creek for $98.3 million, marking an uptick in South Florida multifamily investment sales.  Arlington, Virginia-based AvalonBay

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Ophthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts
Business

Ophthalmologist’s pending sale of Venetian Islands house tops slow week of signed contracts

August 18, 2025August 18, 2025

The summer slowdown hit especially hard last week for luxury residential properties across Miami-Dade County.  Buyers signed nine contracts between Aug. 11 and Aug. 17,

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Lease roundup: Ultra Padel opening in Midtown Miami, Ugo Colombo lands Italian restaurant at Grove Isle condo project
Business

Lease roundup: Ultra Padel opening in Midtown Miami, Ugo Colombo lands Italian restaurant at Grove Isle condo project

August 18, 2025August 18, 2025

Ultra Club Midtown | Miami A 2-acre padel club will open at a planned $2 billion mixed-use development at Midtown Miami, reportedly marking the largest

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Movers & Shakers: United Capital taps Adam Lipkin as managing director
Business

Movers & Shakers: United Capital taps Adam Lipkin as managing director

August 18, 2025August 18, 2025

In the latest roundup of South Florida real estate hiring news, firms tapped new leaders and brokers made moves.  Miami Beach-based United Capital tapped Adam

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