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Category: Business

Contractor who built Wellington’s luxury equestrian estates files for bankruptcy, still faces fraud allegations 
Business

Contractor who built Wellington’s luxury equestrian estates files for bankruptcy, still faces fraud allegations 

June 11, 2025June 11, 2025

A general contractor that specialized in building luxury Wellington equestrian estates filed for bankruptcy protection, as he faces fraud allegations from clients who say he

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Alexanders’, Fisherman’s defense ramps up in sexual battery case
Business

Alexanders’, Fisherman’s defense ramps up in sexual battery case

June 11, 2025June 11, 2025

The state sexual battery case against Oren and Alon Alexander, and their associate Ohad Fisherman, is coming into focus.  The Miami-Dade State Attorney’s Office alleges

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Boca Raton moves forward with downtown mega mixed-use project on public land
Business

Boca Raton moves forward with downtown mega mixed-use project on public land

June 11, 2025June 11, 2025

Boca Raton approved an interim master plan that could enable Terra and Frisbie Group to build a mega mixed-use project on 30 acres of publicly

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Continental Realty enters South Florida with M CityPlace Doral buy
Business

Continental Realty enters South Florida with $88M CityPlace Doral buy

June 11, 2025June 11, 2025

Continental Realty Corporation is diving into South Florida’s retail market for the first time, acquiring the Fresh Market-anchored shopping center at CityPlace Doral in Miami-Dade

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Lissette Calderon’s Neology sells Miami River site to Miami-Dade for M
Business

Lissette Calderon’s Neology sells Miami River site to Miami-Dade for $54M

June 11, 2025June 11, 2025

Lissette Calderon’s Neology Life nixed a 1,360-unit multifamily project after selling a development site near the Miami River for $54 million. An affiliate of Miami-based

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Palm Beach County weekly condo sales dip to
Business

Palm Beach County weekly condo sales dip to $54

June 11, 2025June 11, 2025

Palm Beach County’s condo sales and dollar volume dipped in the first week of June.   Brokers closed 91 condo sales totaling $53.9 million from

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Steve Ross lands 0M financing for South Flagler House condos
Business

Steve Ross lands $600M financing for South Flagler House condos

June 10, 2025June 10, 2025

Billionaire Related Ross Chairman and CEO Steve Ross secured $600 million in financing for his planned South Flagler House condo project in West Palm Beach.

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Waste mogul’s M Palm Beach mansion tops signed contracts
Business

Waste mogul’s $45M Palm Beach mansion tops signed contracts

June 10, 2025June 10, 2025

An oceanfront mansion in Palm Beach asking $45 million led signed contracts in the county last week. Buyers signed 14 contracts between June 2 and

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“Market is resetting”: South Florida’s office values decline after reaching record levels
Business

“Market is resetting”: South Florida’s office values decline after reaching record levels

June 10, 2025June 10, 2025

South Florida’s office values are recalibrating.  From late 2020 through 2022, the tri-county region became a magnet for out-of-state companies, prompting a leasing flurry, record

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Simon expands at Dadeland Mall, pays M for JCPenney ground lease
Business

Simon expands at Dadeland Mall, pays $16M for JCPenney ground lease

June 10, 2025June 10, 2025

Simon Property Group is JCPenney’s new landlord at Dadeland Mall in Kendall, acquiring the ground lease for the big box store for $15.6 million. An

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