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Category: Business

Lynd JV scores 3M refi for new 401-unit apartment complex at Tuttle Royale
Business

Lynd JV scores $133M refi for new 401-unit apartment complex at Tuttle Royale

March 31, 2025March 31, 2025

Lynd and its partners scored a $132.5 million refinancing for their newly finished 401-unit apartment complex at Royal Palm Beach’s Tuttle Royale mixed-use development.  The

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Pulte drops M on homesites near Palm Beach Gardens 
Business

Pulte drops $40M on homesites near Palm Beach Gardens 

March 31, 2025March 31, 2025

PulteGroup dropped $39.5 million on homesites for its planned Reserve at Eastpointe luxury single-family community near Palm Beach Gardens. Records show Pulte bought the sites

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One Sotheby’s broker Manny Chamizo sentenced to probation in stalking case
Business

One Sotheby’s broker Manny Chamizo sentenced to probation in stalking case

March 31, 2025March 31, 2025

One Sotheby’s International Realty’s top commercial broker was back in Miami-Dade criminal court last week.  Manny Chamizo entered a no contest plea to a misdemeanor

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Movers & Shakers: Related Group promotes Jon Paul Pérez to CEO
Business

Movers & Shakers: Related Group promotes Jon Paul Pérez to CEO

March 31, 2025March 31, 2025

In the latest batch of South Florida real estate hiring news, one of the region’s most prominent development scions moved up the ladder as succession

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The Weekly Dirt: Miami Beach’s luxe home market gets its groove back
Business

The Weekly Dirt: Miami Beach’s luxe home market gets its groove back

March 30, 2025March 30, 2025

Miami Beach’s luxury home market hit rock bottom last summer. It’s back.  We’ve been reporting on deal after deal, at record prices. The latest big

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Category Five bulks up multifamily portfolio with M purchase near Miami Shores
Business

Category Five bulks up multifamily portfolio with $47M purchase near Miami Shores

March 28, 2025March 28, 2025

Category Five Real Estate added a pair of garden-style apartment complexes to the firm’s burgeoning South Florida portfolio of older multifamily properties, The Real Deal

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Billionaire media mogul Ric Elias sells Palm Beach mansion for M
Business

Billionaire media mogul Ric Elias sells Palm Beach mansion for $73M

March 28, 2025March 28, 2025

Billionaire Red Ventures co-founder and CEO Ric Elias sold his oceanfront Palm Beach mansion for $73 million in an off-market deal. 530 South Ocean Boulevard

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Hedge funder Patrick McMahon sells Surf Club condo for M
Business

Hedge funder Patrick McMahon sells Surf Club condo for $25M

March 28, 2025March 28, 2025

Hedge funder Patrick McMahon sold his condo at Four Seasons Residences at the Surf Club for $24.9 million to an entity linked to WorldQuant founder

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Following South Florida buying binge, Longpoint sheds Miami-Dade warehouse for M
Business

Following South Florida buying binge, Longpoint sheds Miami-Dade warehouse for $44M

March 28, 2025March 28, 2025

Following a busy South Florida two-year buying binge, Longpoint shed a warehouse near Miami Gardens for $43.5 million. An affiliate of Boston-based Longpoint, led by

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South Florida by the numbers: Farewell to Florida property taxes?
Business

South Florida by the numbers: Farewell to Florida property taxes?

March 28, 2025March 28, 2025

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  In his recent State of

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