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Category: Business

Inventory’s on the rise, as resi sales keep dropping across South Florida
Business

Inventory’s on the rise, as resi sales keep dropping across South Florida

July 17, 2025July 17, 2025

More homeowners are putting their properties up for sale across South Florida, but inventory levels are still at pre-pandemic levels.  At the same time, residential

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Lauderdale-by-the-Sea closing tops Broward weekly condo sales
Business

Lauderdale-by-the-Sea closing tops Broward weekly condo sales

July 17, 2025July 17, 2025

Broward County’s condo sales and dollar volume rose last week.  Brokers closed 98 condo sales totaling $30.6 million from July 7 to July 13. That’s

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Nearly vacant Lincoln Place office building in South Beach hits market for target of M
Business

Nearly vacant Lincoln Place office building in South Beach hits market for target of $82M

July 17, 2025July 17, 2025

Lincoln Place, a nearly vacant South Beach office building that was once at the center of a crowdfunding scandal, hit the market with a target

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Billionaire Patrick Dovigi’s waste management firm linked to M Five Park penthouse purchase
Business

Billionaire Patrick Dovigi’s waste management firm linked to $17M Five Park penthouse purchase

July 16, 2025July 16, 2025

An LLC tied to waste management mogul Patrick Dovigi’s company paid $17.5 million for a penthouse at Five Park in Miami Beach.  The developer, a

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Hersh Equity expands South Florida industrial portfolio with M purchase
Business

Hersh Equity expands South Florida industrial portfolio with $47M purchase

July 16, 2025July 16, 2025

Hersh Equity Group bought a warehouse complex in Broward County for $47.2 million, expanding the boutique firm’s South Florida industrial portfolio. Boynton Beach-based Hersh Equity,

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Atlantic Pacific proposes 71-unit affordable housing project on Liberty City’s Carver Theater site
Business

Atlantic Pacific proposes 71-unit affordable housing project on Liberty City’s Carver Theater site

July 16, 2025July 16, 2025

Atlantic Pacific Companies plans to redevelop the long-closed Carver Theater in Liberty City with a 71-unit affordable housing project.  The Miami-based company plans the 11-story

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Premier Estate Properties inks lease for second Palm Beach office
Business

Premier Estate Properties inks lease for second Palm Beach office

July 16, 2025July 16, 2025

Premier Estate Properties inked a lease for its second office in Palm Beach. The Bankers Row office will be led by top agent Margit Brandt

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Hellman Jordan founder sells lakefront Palm Beach estate for M
Business

Hellman Jordan founder sells lakefront Palm Beach estate for $87M

July 16, 2025July 16, 2025

Hellman Jordan founder Jerry Jordan and his wife, Darlene Jordan, sold their lakefront estate in Palm Beach for $86.5 million, marking the most expensive home

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Turmoil at Brickell condo complex over money and power
Business

Turmoil at Brickell condo complex over money and power

July 16, 2025July 16, 2025

A group of unit owners at a two-tower condo on Brickell Avenue in Miami voted to oust their association president in late November, as they

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One Royal Palm Way closing tops Palm Beach County weekly condo sales 
Business

One Royal Palm Way closing tops Palm Beach County weekly condo sales 

July 16, 2025July 16, 2025

Palm Beach County’s condo sales and dollar volume dropped slightly last week.    Brokers closed 59 condo sales totaling $24.8 million from July 7 to

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