Fortec is looking to raise a $100 million fund to partially finance development of $300 million worth of new early education centers across the nation.
Category: Business
Scrap metal mogul sells Sunny Isles penthouse for $29M after price cut
Scrap metal mogul Adam Weitsman sold his oceanfront penthouse in Sunny Isles Beach for $28.6 million, roughly $10 million off the original asking price. Weitsman
Producer of “Predator” and “Dr. Doolittle” buys $16M Fisher Island condo
John Davis, a prolific film producer in Hollywood, dropped $16.2 million on a Fisher Island condo. Records show Davis and his wife, Jordan Davis, bought
Portman proposes 397-unit apartment project in Pompano Beach
Portman Holdings proposes a 397-unit apartment project in Pompano Beach that would replace an existing office building. The application comes as developers increasingly are replacing
Palm Beach County weekly condo sales surge to $103M, fueled by Alina Residences
Palm Beach County’s condo sales and dollar volume surged last week, fueled by closings at Alina Residences in Boca Raton. Brokers closed 127 condo sales
Alden Global-linked entity sells waterfront North Bay Road spec home for $30M
An entity linked to the hedge fund Alden Global Capital sold a waterfront spec house on Miami Beach’s North Bay Road for $29.5 million. 4774
Canero completes Coconut Grove condo buyout
Jose Canero’s Canero Group paid $17.3 million to acquire all the units in a Coconut Grove condo building. Property records show Canero affiliate WNG Miami
Developer proposes 42-unit condo project with workforce units in Kendall
A developer proposes a 42-unit condo project with workforce units in Kendall, amid a flurry of proposals for below-market rate housing in South Florida. An
PMG again looks to attract crypto condo buyers
PMG is jumping back into the cryptocurrency buyer pool via a collaboration with Shift4, a payment processing company. Miami-based PMG is offering the option to
Giuseppe Iadisernia scores $112M construction loan for second Hallandale Beach condo tower
Developer Giuseppe Iadisernia scored a $112 million construction loan for the east tower of his planned Oasis Hallandale condo development, bringing his total financing for