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Category: Business

AutoNation CEO drops M on oceanfront Hillsboro Beach mansion
Business

AutoNation CEO drops $15M on oceanfront Hillsboro Beach mansion

April 11, 2025April 11, 2025

AutoNation CEO Mike Manley bought an oceanfront mansion in Hillsboro Beach for $14.5 million.  Records show Manley bought the house at 955 Hillsboro Mile from

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Soffer, Sternlicht launch sales for 1 Hotels-branded oceanfront condos on Jupiter Island
Business

Soffer, Sternlicht launch sales for 1 Hotels-branded oceanfront condos on Jupiter Island

April 11, 2025April 11, 2025

Jeffrey Soffer and Barry Sternlicht are launching sales for a 1 Hotels-branded oceanfront luxury condo project on Jupiter Island.  It marks Soffer’s second boutique condo

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Jon Samuel’s Broward portfolio lightens after M warehouse sale
Business

Jon Samuel’s Broward portfolio lightens after $22M warehouse sale

April 11, 2025April 11, 2025

Jon Samuel, one of the original developers of Midtown Miami, is on a roll, selling another Broward commercial property in less than a week. An

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MMG plans 308-unit apartment building with affordable housing at its Plantation shopping center
Business

MMG plans 308-unit apartment building with affordable housing at its Plantation shopping center

April 11, 2025April 11, 2025

MMG Equity Partners advanced its plan to develop an eight-story apartment building adjacent to Plantation Square, a shopping center that the firm acquired four years

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Mixed-use development with 116 rentals, including affordable housing, advances in Hallandale Beach
Business

Mixed-use development with 116 rentals, including affordable housing, advances in Hallandale Beach

April 11, 2025April 11, 2025

A Puerto Rico-based developer won city approvals for a mixed-use development in Hallandale Beach with 116 rentals, including 17 affordable housing units with below-market rents.

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Terra lists Coconut Grove land leased to defunct Location Ventures
Business

Terra lists Coconut Grove land leased to defunct Location Ventures

April 11, 2025April 11, 2025

David Martin’s Terra is seeking to unload land underneath a Coconut Grove site complicated by a ground lease with Location Ventures, the defunct development firm

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Brickell residents lose fight against 13th Floor, Key’s 80-story condo behind Presbyterian church  
Business

Brickell residents lose fight against 13th Floor, Key’s 80-story condo behind Presbyterian church  

April 10, 2025April 10, 2025

Brickell residents opposing a planned 80-story condo tower behind the First Miami Presbyterian Church lost their fight. On Thursday, Miami commissioners voted 4-0 against opponents’

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Terra, Turnberry score 2M construction loan for Miami Beach convention center hotel 
Business

Terra, Turnberry score $392M construction loan for Miami Beach convention center hotel 

April 10, 2025April 10, 2025

David Martin and Jackie Soffer’s long-planned convention center hotel in Miami Beach is moving forward.  Martin’s Terra and Soffer’s Turnberry secured a $392 million construction

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Copart expands South Florida portfolio, nabs Palm Beach County auto yard for M
Business

Copart expands South Florida portfolio, nabs Palm Beach County auto yard for $65M

April 10, 2025April 10, 2025

Copart beefed up its South Florida portfolio, paying $65 million for a Palm Beach County auto yard where the company stores and sells used vehicles.

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“I don’t trust you”: Judge denies bond for alleged Hammocks fraud ringleader Marglli Gallego
Business

“I don’t trust you”: Judge denies bond for alleged Hammocks fraud ringleader Marglli Gallego

April 10, 2025April 10, 2025

Marglli Gallego, accused of leading the alleged massive Hammocks fraud, will remain in jail.  Miami-Dade Circuit Criminal Court Judge Laura Cruz shot down Gallego’s attorney’s

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