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Category: Business

Il Villaggio closing tops Miami-Dade weekly condo sales
Business

Il Villaggio closing tops Miami-Dade weekly condo sales

July 1, 2025July 1, 2025

Miami-Dade County’s condo sales and dollar volume plunged last week, following a mid-month market surge.  Brokers closed 84 condo sales totaling $60.1 million from June

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Inside financier Forman Capital’s playbook amid private lending boom
Business

Inside financier Forman Capital’s playbook amid private lending boom

July 1, 2025July 1, 2025

Late last year, a developer needed a hefty loan to get started on a 15-story condo tower in Naples. Prospects were grim.  Banks had retrenched

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Ex-basketball player Raanan Katz keeps growing his South Florida retail empire
Business

Ex-basketball player Raanan Katz keeps growing his South Florida retail empire

July 1, 2025July 1, 2025

Those who can’t ball anymore, make it their logo. Raanan Katz loves basketball and shopping centers. But the 89-year-old Israeli-born retail investor is no longer

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The Closing: Jon Paul Pérez
Business

The Closing: Jon Paul Pérez

July 1, 2025July 1, 2025

Jon Paul Pérez assumed that he would start working at his father’s company, the Related Group, shortly after graduating from college.  It made sense. He

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Winners and losers emerge in South Florida’s condo boom
Business

Winners and losers emerge in South Florida’s condo boom

July 1, 2025July 1, 2025

If you want to know if the South Florida housing market is doing okay, a Magic 8 Ball might give you as clear an answer

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Michael Stern’s JDS wins final OK on upzoning for South Beach high-rise
Business

Michael Stern’s JDS wins final OK on upzoning for South Beach high-rise

June 30, 2025June 30, 2025

Developer Michael Stern’s JDS Development Group notched a major win with the upzoning of a property in South Beach, where he plans a bayfront luxury

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Terra and Frisbie pay M for Palm Beach Kennel Club site, plan 400 apartments
Business

Terra and Frisbie pay $21M for Palm Beach Kennel Club site, plan 400 apartments

June 30, 2025June 30, 2025

Terra and Frisbie Group paid $20.9 million for a Palm Beach Kennel Club site planned for a 400-unit apartment complex, marking the first phase of

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Miami Beach commission grants final approval to Meruelos and David Martin for oceanfront Deauville project
Business

Miami Beach commission grants final approval to Meruelos and David Martin for oceanfront Deauville project

June 30, 2025June 30, 2025

Miami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort

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Garden Healthcare expands into South Florida with M retirement home purchase
Business

Garden Healthcare expands into South Florida with $24M retirement home purchase

June 30, 2025June 30, 2025

Out-of-state retirement home operator Garden Healthcare took its first dip into South Florida, acquiring a Miami-Dade County facility for $24 million. Two affiliates of Columbus,

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Private equity investor finds buyer for Surf Club Four Seasons condo asking K psf
Business

Private equity investor finds buyer for Surf Club Four Seasons condo asking $6K psf

June 30, 2025June 30, 2025

A private equity investor found a buyer for his condo asking $19.8 million at the Four Seasons-branded development in Surfside, leading the Eklund-Gomes report.  Buyers

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