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Category: Business

Barry Sternlicht’s Starwood sells West Palm retail center for 3M
Business

Barry Sternlicht’s Starwood sells West Palm retail center for $133M

June 3, 2025June 3, 2025

Barry Sternlicht’s Starwood Capital Group sold a Whole Foods-anchored shopping center in West Palm Beach for $133.2 million. An affiliate of Atlanta-based Invesco purchased The

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Grover Corlew scores M construction loan for 312-unit apartment project in Fort Lauderdale 
Business

Grover Corlew scores $92M construction loan for 312-unit apartment project in Fort Lauderdale 

June 3, 2025June 3, 2025

Grover Corlew scored a $92 million construction loan for a 312-unit apartment project in Fort Lauderdale.  The deal comes as lending continues to flow in

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Mansion in Boca Raton’s most expensive neighborhood sells for M
Business

Mansion in Boca Raton’s most expensive neighborhood sells for $32M

June 3, 2025June 3, 2025

A family that made its fortune in perfumes sold their late mother’s waterfront Boca Raton mansion for $31.5 million in an off-market deal. It marks

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Indefinitely deferred: Massive Little Haiti project remains mysteriously pending for four years
Business

Indefinitely deferred: Massive Little Haiti project remains mysteriously pending for four years

June 3, 2025June 3, 2025

Four years ago, Justin Podolsky’s proposed massive mixed-use project in Miami’s Little Haiti overcame a major hurdle.  The 5.9 million-square-foot development made it past a

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M Surf Club Four Seasons closing tops Miami-Dade weekly condo sales 
Business

$20M Surf Club Four Seasons closing tops Miami-Dade weekly condo sales 

June 3, 2025June 3, 2025

Miami-Dade County’s condo sales and dollar volume surged in the last week of May. Brokers closed 129 condo sales totaling $151.4 million from May 23

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Onyx Tower in Hallandale Beach trades for M, buyer scores M loan
Business

Onyx Tower in Hallandale Beach trades for $52M, buyer scores $77M loan

June 2, 2025June 3, 2025

A 28-story office tower in Hallandale Beach traded for $52.2 million, and the buyer landed a $77.2 million loan.  Aventura-based Inmobiliaria Brom, through its affiliate

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Zach Vella-led partnership could lose Wynwood buildings to foreclosure
Business

Zach Vella-led partnership could lose Wynwood buildings to foreclosure

June 2, 2025June 3, 2025

Four Wynwood commercial buildings owned by a Zach Vella-led partnership are facing foreclosure less than a year after they were purchased.  On May 21, an

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French retail mogul finds buyer for waterfront Venetian Islands home
Business

French retail mogul finds buyer for waterfront Venetian Islands home

June 2, 2025June 3, 2025

French commercial real estate investor Nicolas Chambon is bidding adieu to his waterfront Miami Beach home, asking $29.5 million.  Chambon’s pending sale topped last week’s

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Lease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office
Business

Lease roundup: Sweat440, Warby Parker on tap at Nora District, law firm Littler moving Miami office

June 2, 2025June 3, 2025

Sweat440, Warby Parker | West Palm Beach  Group fitness gym Sweat440 and eyeglasses store Warby Parker are among tenants on tap at the Nora District

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Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami
Business

Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami

May 28, 2025May 28, 2025

Robert Thorne’s Urban Network Capital Group tapped Compass to lead sales for its planned Visions at Brickell Station condo-hotel in Miami. Thorne’s UNCG also held

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