A fallout between Canero Group’s principals and a high-profile partner has sparked allegations of fraud and mismanagement involving six projects in Miami and Homestead. Justin
Category: Business
Spec developer Steve Bendat sells waterfront West Palm Beach home for $28M, down from $40M asking
Spec developer Steve Bendat’s Aquantis Group sold a waterfront spec home in West Palm Beach for $28.2 million. Records show an Aquantis affiliate sold the
Melo plans 1,600 resi units in two Edgewater projects, Bazbaz proposes its second Miami Live Local Act tower
A third tower at the Aria Reserve condo complex, a pair of apartment buildings near Margaret Pace Park, and a Live Local Act project could
Griffis drops $87M for downtown West Palm apartment tower
Woodfield Development sold a 223-unit apartment tower in downtown West Palm Beach for $87 million. The deal marks a slight uptick in South Florida multifamily
Real estate investor finds buyer for $47M Gables Estates mansion
Real estate investor Rafael Perez secured a buyer for his waterfront Gables Estates mansion, asking $47 million. The pending sale led last week’s Eklund-Gomes report.
Aerospace power couple sells 10-acre Davie estate for record $26M
A massive estate in Davie sold for $25.5 million, marking a record for home sales in the western Broward County town. Laurent and Laure Parelle
Lease roundup: Alo Yoga on tap in Brickell; SoleFly, Japanese pancakes café coming to Doral
Alo Yoga, Massimo Dutti, Vuori | Miami Swire Properties’ Brickell City Centre scored eight tenants. In the biggest lease, global fashion label Massimo Dutti will
Movers & Shakers: Bainbridge Companies taps facilities VP
In the latest roundup of South Florida real estate hiring news, firms made leadership moves. Wellington-based Bainbridge Companies hired Kevin Kochersperger as vice president of
How South Florida builders are prepping for hurricane season
Hurricane season is on, and South Florida’s real estate industry is preparing. Hundreds of projects are under construction across the region, and all are at
Receiver sells alleged predatory lender’s Jupiter home after her husband’s RICO sentencing
The Jupiter home of alleged predatory lender and fraudster Lisa McElhone sold out of receivership for $12.2 million. The sale is part of a years-long