Spec developers closed a flurry of sales in the latest roundup of South Florida luxury real estate deals. Closings spanned from Pinecrest to Palm Beach
Category: Business
One Thousand Ocean closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume fell last week. Brokers closed 118 condo sales totaling $62.3 million from Mar. 16 to Mar. 23.
Acadia dives back into South Florida with $68M Lake Worth Beach retail purchase
Nearly a decade after selling its interest in a large Miami Beach retail portfolio, Acadia Realty Trust is back in South Florida, acquiring a Palm
Florida Memorial University plans $1B+ revamp with Redwood Dev Co
Florida Memorial University is working with Redwood Dev Co on the first phase of a redevelopment of the Miami Gardens campus, The Real Deal has
Constellation, partners score $42M construction loan for North Beach condos
Constellation Group, Boschetti Group and Vietmar scored a $42.3 million construction loan for their planned North Beach condo project. Ella Miami Beach, a 10-story, 103-unit
Cipriani, 13th Floor and Midtown Equities plan oceanfront tower in Miami Beach
The Cipriani family is jumping into another branded condo development in South Florida. Cipriani and developers 13th Floor Investments and Midtown Equities revealed plans for
Miami-Dade housing chief Alex Ballina leaving to start own firm
Miami-Dade’s housing czar Alex Ballina is leaving his government post to cash in on demand for affordable and workforce developments across the Sunshine State, The
VC boss sells furnished Venetian Islands spec house for $19M
Venture capital boss Amit Raizada sold a waterfront spec home on Miami Beach’s Venetian Islands for $19.2 million. Raizada confirmed his JSMFP IV LLC, a
Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume dropped in the third week of March. Brokers closed 116 condo sales totaling $79.2 million from Mar. 16
Aventura mixed-use project engulfed in legal turmoil faces foreclosure
The owner of a recently completed, yet troubled, Aventura mixed-use project is facing foreclosure after allegedly defaulting on $49.6 million mortgage debt. An affiliate of