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Category: Business

Investor sues developers of Icon Palm Beach Shores over allegedly unpaid loans
Business

Investor sues developers of Icon Palm Beach Shores over allegedly unpaid loans

January 31, 2025January 31, 2025

The developers of Icon Palm Beach Shores are facing yet another lawsuit tied to the luxury condo project.  Investor Daniel Perla sued Marc Shulman, Anthony

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Medical device heir buys Aston Martin condo for M
Business

Medical device heir buys Aston Martin condo for $23M

January 31, 2025January 31, 2025

The son of a medical device company founder bought a condo at downtown Miami’s Aston Martin Residences for $22.5 million. Records show Dennis Christopher Foley

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Ex-Miami Heat player Goran Dragić sells waterfront Miami estate for M
Business

Ex-Miami Heat player Goran Dragić sells waterfront Miami estate for $13M

January 31, 2025January 31, 2025

Former Miami Heat player Goran Dragić, a.k.a. “the Dragon,” sold his waterfront Miami home in Bay Point.  Dragić and his now ex-wife, Maja, sold their

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As part of 0M nationwide leaseback deal, AT&T sells 10 South Florida sites for M
Business

As part of $850M nationwide leaseback deal, AT&T sells 10 South Florida sites for $63M

January 30, 2025January 30, 2025

AT&T has disconnected its ownership of 10 South Florida sites, selling the office/industrial properties to Reign Capital for a combined $62.9 million. An affiliate of

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Hallandale Beach board green-lights BH, Prime’s Homewood Suites by Hilton hotel project
Business

Hallandale Beach board green-lights BH, Prime’s Homewood Suites by Hilton hotel project

January 30, 2025January 30, 2025

BH Group and Prime Group are a step closer to building a new hotel near Gulfstream Park. The Hallandale Beach Planning and Zoning Board on

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South Florida by the numbers: Butler did it
Business

South Florida by the numbers: Butler did it

January 30, 2025January 30, 2025

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  By the time you read

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Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 
Business

Pinnacle proposes 110-unit affordable housing project in Princeton, as development rush in south Miami-Dade continues 

January 30, 2025January 30, 2025

Pinnacle proposes a 110-unit affordable apartment project for seniors in Princeton, amid a continuing development rush in south Miami-Dade County.  The Kendall-based firm wants to

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Allen Morris launches sales of Ponce Park luxury condo project
Business

Allen Morris launches sales of Ponce Park luxury condo project

January 30, 2025January 30, 2025

Allen Morris Company is launching sales of its luxury condo project in Coral Gables, about nine months after securing approval from the city.  The Coral

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Retail asking rents rose across South Florida in fourth quarter
Business

Retail asking rents rose across South Florida in fourth quarter

January 30, 2025January 30, 2025

South Florida retail landlords boosted their asking rents during the fourth quarter of last year, while investors continued scooping up shopping centers, especially properties anchored

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Las Olas Grand closing tops Broward weekly condo sales 
Business

Las Olas Grand closing tops Broward weekly condo sales 

January 30, 2025January 30, 2025

Broward County’s condo sales and dollar volume fell in the fourth week of January.  Brokers closed 89 condo sales totaling $26.3 million from Jan. 19

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