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Category: Business

Moderno and Gaia launch first phase of 0M single-family home fund for Miami’s urban core
Business

Moderno and Gaia launch first phase of $300M single-family home fund for Miami’s urban core

May 9, 2025May 9, 2025

As many developers go vertical with condo projects across South Florida, Moderno Development Group and Gaia Real Estate Holdings are betting on continued demand for

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Riviera Beach approves 25-story waterfront mixed-use condo project
Business

Riviera Beach approves 25-story waterfront mixed-use condo project

May 8, 2025May 8, 2025

Forest Development’s Peter Baytarian can move forward with plans to build a pair of 25-story mixed-use condo towers in Riviera Beach. The Riviera Beach City

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Ladder Capital sues Banyan Street’s Rudy Prio Touzet over M loan for Maryland building
Business

Ladder Capital sues Banyan Street’s Rudy Prio Touzet over $39M loan for Maryland building

May 8, 2025May 8, 2025

Banyan Street Capital’s Rudy Prio Tourzet is allegedly on the hook for $3.6 million tied to a distressed office property in Maryland. In a recent

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Digital marketing boss sells Delray Beach mansion for M 
Business

Digital marketing boss sells Delray Beach mansion for $24M 

May 8, 2025May 8, 2025

Digital marketing boss Jeffrey Herzog and his wife, Jill Herzog, sold their Delray Beach mansion for $23.5 million in an off-market deal. Records show the

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Developer plans nine-story hotel near downtown Fort Lauderdale
Business

Developer plans nine-story hotel near downtown Fort Lauderdale

May 8, 2025May 8, 2025

A Connecticut-based developer plans to build a nine-story hotel just east of downtown Fort Lauderdale and operate it under the Canopy by Hilton brand. New

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“Problematic”: Judge blasts defense attorneys over slow progress in Hammocks case
Business

“Problematic”: Judge blasts defense attorneys over slow progress in Hammocks case

May 8, 2025May 8, 2025

Miami-Dade Circuit Criminal Court Judge Laura Cruz blasted Hammocks defense attorneys over the slow progress of the nearly three-year-old case.  The Hammocks, South Florida’s largest

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Auberge Beach closing tops Broward weekly condo sales
Business

Auberge Beach closing tops Broward weekly condo sales

May 8, 2025May 8, 2025

Broward County’s condo sales and dollar volume rose last week. Brokers closed 188 condo sales totaling $73.7 million from April 27 to May 4. The

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Hellman Jordan founder buys Palm Beach house for M
Business

Hellman Jordan founder buys Palm Beach house for $15M

May 7, 2025May 7, 2025

Jerry Jordan Jr., the founder of, dropped $15.2 million on a second Palm Beach home.  Records show Jordan and his wife, Darlene Luccio Jordan, bought

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Adam Neumann’s Flow, Canada Global win approval for 675-unit Aventura mixed-use project
Business

Adam Neumann’s Flow, Canada Global win approval for 675-unit Aventura mixed-use project

May 7, 2025May 7, 2025

Adam Neumann’s Flow and Canada Global can move forward with a three-tower, mixed-use project next to an existing office complex in Aventura. The Aventura City

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Florida legislative roundup: Here are real estate bills that passed and failed 
Business

Florida legislative roundup: Here are real estate bills that passed and failed 

May 7, 2025May 7, 2025

In broad changes, the Florida Legislature passed bills related to condo safety laws enacted after the deadly Surfside condo collapse, and the state’s workforce housing

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