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Category: Business

Ocean-to-lake Manalapan estate sells for M, marking latest deal near Larry Ellison’s 3M compound
Business

Ocean-to-lake Manalapan estate sells for $25M, marking latest deal near Larry Ellison’s $173M compound

April 18, 2025April 18, 2025

A Georgia entity sold an ocean-to-lake Manalapan estate for $25 million in an off-market deal, four years after buying it for $14 million. Records show

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Ticket Clinic’s founder advances plan to build condo-style storage for high-end cars in Pembroke Pines
Business

Ticket Clinic’s founder advances plan to build condo-style storage for high-end cars in Pembroke Pines

April 18, 2025April 18, 2025

A company led by Mark S. Gold, founder of The Ticket Clinic, advanced plans to build a condo-style storage facility in Pembroke Pines for collectors

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Waypoint wins approvals for 286-unit Oakland Park development
Business

Waypoint wins approvals for 286-unit Oakland Park development

April 18, 2025April 18, 2025

Waypoint Residential advanced plans for Cypress Crossing, a mixed-use development with 286 apartments that would replace parking lots in the Cypress Creek area of Oakland

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BlueWater buys Boathouse Marine Center in Pompano Beach for M
Business

BlueWater buys Boathouse Marine Center in Pompano Beach for $16M

April 17, 2025April 17, 2025

BlueWater Marinas beefed up its portfolio with the Boathouse Marine Center in Pompano Beach.  The Charleston, South Carolina-based firm bought the 36,000-square-foot building at 599

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Resi sales plunge in Miami Beach and barrier islands, as inventory grows across South Florida 
Business

Resi sales plunge in Miami Beach and barrier islands, as inventory grows across South Florida 

April 17, 2025April 17, 2025

Some South Florida residential markets continued to experience double-digit sales declines during the first quarter, while inventory rose across much of the tri-county region.  Miami

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Brokers Lyle Stern, Kerry Newman propose 400-unit Live Local Act project in Miami’s Allapattah
Business

Brokers Lyle Stern, Kerry Newman propose 400-unit Live Local Act project in Miami’s Allapattah

April 17, 2025April 17, 2025

Commercial real estate brokers Lyle Stern and Kerry Newman propose a 400-unit Live Local Act project in Miami’s Allapattah.  Stern and Newman, of Miami Beach-based

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Joe Carollo won’t face criminal charges for harassing Little Havana developer
Business

Joe Carollo won’t face criminal charges for harassing Little Havana developer

April 17, 2025April 17, 2025

Miami City Commissioner Joe Carollo won’t face jail time for allegedly stalking Little Havana developer Bill Fuller. On Tuesday, the Broward State Attorney’s public corruption

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Brookfield’s 0M CMBS loan in South Florida heads to special servicer
Business

Brookfield’s $260M CMBS loan in South Florida heads to special servicer

April 17, 2025April 17, 2025

Brookfield Asset Management still hasn’t figured out what to do about a maturing $260 million commercial mortgage-backed securities loan secured by a struggling South Florida

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Trafalgar Towers closing tops Broward weekly condo sales 
Business

Trafalgar Towers closing tops Broward weekly condo sales 

April 17, 2025April 17, 2025

Broward County’s condo sales and dollar volume fell last week.  Brokers closed 138 condo sales totaling $42.9 million from April 6 to April 13. The

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Judge dismisses lawsuit alleging Serhant Florida, agents stole trade secrets 
Business

Judge dismisses lawsuit alleging Serhant Florida, agents stole trade secrets 

April 16, 2025April 16, 2025

A 2023 lawsuit that alleged Ryan Serhant’s brokerage and two of its real estate agents stole trade secrets and violated their contracts with their former

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