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Category: Business

“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit
Business

“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit

July 7, 2025July 8, 2025

Developer Dan Kodsi’s Royal Palm Companies filed a counterclaim to its lender’s foreclosure lawsuit, tied to the stalled Legacy Hotel & Residences project at Miami

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Miami Beach’s Sixty Sixty Resort faces M foreclosure 
Business

Miami Beach’s Sixty Sixty Resort faces $21M foreclosure 

July 7, 2025July 7, 2025

Three years after buying Sixty Sixty Resort in Miami Beach, the owners could lose the 82-key waterfront condo-hotel to foreclosure.  On June 27, De Paz

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Miami-Dade drops sexual battery charge against Ohad Fisherman
Business

Miami-Dade drops sexual battery charge against Ohad Fisherman

July 7, 2025July 7, 2025

The Miami-Dade State Attorney’s office dropped its case against real estate broker Ohad Fisherman, who was expected to stand trial this week on a sexual

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VDA lands M construction loan for Artefacto-branded Bay Harbor condos 
Business

VDA lands $31M construction loan for Artefacto-branded Bay Harbor condos 

July 7, 2025July 7, 2025

Chilean developer VDA Origin | Miami landed a $30.5 million construction loan for a planned Artefacto-branded condo project in Bay Harbor Islands. Mauricio Moya and

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Longpoint sells Broward County industrial portfolio for M
Business

Longpoint sells Broward County industrial portfolio for $70M

July 7, 2025July 7, 2025

Longpoint sold a Broward County warehouse portfolio for $69.9 million, roughly $19 million more than the previous sale price four years ago.  In the largest

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Coca-Cola bottling mogul finds buyer for M waterfront Key Biscayne mansion
Business

Coca-Cola bottling mogul finds buyer for $26M waterfront Key Biscayne mansion

July 7, 2025July 7, 2025

Art collector and Coca-Cola bottling mogul Carlos de la Cruz Sr. entered into a contract to sell his waterfront Key Biscayne mansion asking $26 million,

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Lease roundup: Steve Ross’ CityPlace lands Reformation, Alo, Bluemercury
Business

Lease roundup: Steve Ross’ CityPlace lands Reformation, Alo, Bluemercury

July 7, 2025July 7, 2025

Reformation, Alo Yoga, Bluemercury, more | West Palm Beach Billionaire Steve Ross’ CityPlace mixed-use complex in downtown West Palm Beach scored more than 125,000 square

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Developer scales down Goulds Village Center to 300 market-rate apartments 
Business

Developer scales down Goulds Village Center to 300 market-rate apartments 

July 7, 2025July 7, 2025

A developer wants to scale down its planned Goulds Village Center project to 300 units.  Lockhart Management Group, which primarily has built self-storage facilities across

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Cleveland Browns owner drops M on oceanfront Lost Tree Village home
Business

Cleveland Browns owner drops $25M on oceanfront Lost Tree Village home

July 3, 2025July 3, 2025

Cleveland Browns owner Susan “Dee” Bagwell Haslam bought an oceanfront home in North Palm Beach’s gated Lost Tree Village community for $25 million, in an

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Granite REIT picks up Coral Springs industrial complex for M
Business

Granite REIT picks up Coral Springs industrial complex for $36M

July 3, 2025July 3, 2025

Granite REIT is the latest institutional out-of-towner to dip into South Florida for the first time.  An affiliate of the Toronto-based real estate investment trust,

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