Tensions ran high during a Miami Beach commission meeting on Wednesday over the Meruelo family and David Martin’s proposed redevelopment of the Deauville Beach Resort.
Category: Business
Mocca sells Ponce-Davis spec mansion for $15M
Spec developer Alex Pirez’s Mocca Group sold a spec mansion in Ponce-Davis for $14.5 million. Records show an affiliate of Mocca Group managed by Pirez
In $121M deal, Blackstone and Link sell another South Florida industrial portfolio
Blackstone and Link Logistics unloaded another set of South Florida warehouses. Affiliates of Blackstone, a New York-based investment giant led by Stephen Schwarzman, and its
Developer, Pennsylvania businessman swap $37M of Fort Lauderdale resi deals
A developer and a businessman from Pennsylvania swapped waterfront mansions in Fort Lauderdale in a pair of deals totaling $37 million. Records show developer Louis
Alexanders list waterfront Miami Beach house for rent for $55K a month
A waterfront Miami Beach home owned by disgraced agent Oren Alexander hit the rental market for $55,000 a month. The 4,267-square-foot house at 1611 West
After the office boom: Miami-Dade construction starts drop to nine-year low as projects “just don't pencil out”
South Florida became a magnet for out-of-state companies in recent years, prompting giddiness over the tri-county region’s office market. Even as headwinds emerged, developers pushed
Alina Boca Raton closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 139 condo sales totaling $70.5 million from April 13 to April 20.
PMG, Lndmrk plan short-term rental-friendly condos in Miami’s Wynwood
PMG and Lndmrk Development are teaming up to build a short-term rental-friendly condo project in Miami’s Wynwood neighborhood. The developers are planning the eight-story, 233-unit
Canadian investor pays $21M for Boca Raton office building
A Canadian investment firm bought an office building in Boca Raton for $20.6 million. Ontario-based Axia GeoCapital, led by Nickolas Georghiades, bought the seven-story One
Moto Capital boss sells Fisher Island penthouse for $21M
In a case of not island hopping, but island home hopping, the head of a local investment firm sold his Fisher Island penthouse for $20.5