Blackstone’s South Florida industrial sell-off is chugging along with the $90.2 million sale of three Miami-Dade warehouses. Including its latest divestiture, the New York-based investment
Category: Business
Alden Global-linked entity sells West Palm spec mansion for $17M
An entity linked to the investment firm Alden Global Capital sold a waterfront West Palm Beach spec mansion for $16.8 million after a year on
Redwood Dev Co scores $126M refi for 350-unit multifamily portfolio in north Miami-Dade
Redwood Dev Co scored a $126.3 million refinancing for a 350-unit multifamily portfolio in north Miami-Dade County. The deal comes as lending continues to flow
Broward weekly condo sales climb to $43M
Broward County’s condo sales and dollar volume rose in the last week of May. Brokers closed 127 condo sales totaling $43.4 million from May 23
CC Homes and Turnberry plan to build 151 houses in Davie
CC Homes and Turnberry are planning to launch sales this year and begin building The Estates by Turnberry, a gated community with 151 houses on
Genting sells piece of downtown Miami assemblage to Opportunity Zone fund partnership
Malaysian casino conglomerate Genting Group sold a piece of its downtown Miami land holdings. An affiliate of Kuala Lumpur-based Genting sold the 0.8-acre, six-parcel assemblage
Panattoni offloads former Miami Herald HQ at a loss for $26M
Panattoni Development is abandoning plans to redevelop the Miami Herald’s former home in Doral, selling the 9-acre site at a loss for $25.9 million. A
Grant Cardone offers $230M for Boca Raton distressed multifamily project
A Grant Cardone-led entity submitted a $230 million stalking horse bid for Penn-Florida Companies’ 101 Via Mizner in Boca Raton. Aventura-based Cardone Real Estate Acquisitions
Pace Gallery CEO sells Palm Beach home at discount to ex-Dodgers CEO for $19M
Marc Glimcher, president and CEO of Pace Gallery, sold his lakefront Palm Beach house for $19.2 million to Jamie McCourt, the former Dodgers CEO and
Miami-Dade cracks down on 800-plus restaurants that failed to collect 1% sales tax
Denise Yaniz, owner of Kendall restaurant Sushi2Mee, experienced a seismic jolt to her business six months ago. On top of tacking Florida’s 7 percent sales