Despite opposition from dozens of residents seeking a referendum, Boca Raton’s mayor and three council members vowed Tuesday to continue negotiations with Terra and Frisbie
Category: Business
Turkish developer opens Okan condo-hotel tower to EB-5 investors
Turkish developer Okan Group is now eligible to raise EB-5 funds for its Okan Tower in downtown Miami, allowing foreign investors to help finance the
Related Fund Management buys 292-unit apartment complex in Delray Beach for $117M
Related Fund Management bought a 292-unit apartment complex in Delray Beach for $116.9 million. The deal comes amid an uptick in multifamily investment sales in
$8M Presidential Place closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 74 condo sales totaling $42.8 million from Aug. 18 to Aug. 24.
Continuum secures construction loan for second phase of Bay Harbor Islands condo project
The Eichner family’s Continuum Company secured a $67 million construction loan for the second phase of its Bay Harbor Islands condo project. New York and
Ram Realty boosts South Florida shopping center portfolio with $53M purchase
Ram Realty Advisors expanded its South Florida shopping center holdings with a $53 million acquisition in Jupiter. An affiliate of Palm Beach Gardens-based Ram Realty,
Buyer revealed: Scion of HBO, Cablevision founder drops $27M on Hillsboro Beach mansion
Thomas Dolan, son of late HBO and Cablevision founder Charles Dolan, has been revealed as the buyer of a $27.1 million oceanfront Hillsboro Beach mansion.
Robert Rivani doubles down on Lincoln Road with $37M retail purchase
Robert Rivani is doubling down on Miami Beach’s Lincoln Road, acquiring a former theater now anchored by fashion retailer H&M for $37 million. An affiliate
Developer wins approval for 164-bed assisted living facility in Davie
A developer won approval in Davie to build a 164-bed assisted living facility, despite opposition from the town’s mayor. All the beds would be occupied
$17M Palm Beach townhome tops signed luxury contracts
A Palm Beach townhome that sold for $16.5 million in April topped signed luxury contracts in Palm Beach County last week. Buyers signed 11 contracts