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Category: Business

Hammocks receiver scales down HOA oversight, settles suits against vendors accused of aiding alleged fraud
Business

Hammocks receiver scales down HOA oversight, settles suits against vendors accused of aiding alleged fraud

September 5, 2024September 5, 2024

The Hammocks, the embattled West Kendall homeowners association where former board members allegedly ran a massive fraud, has exited receivership. But that doesn’t mean it

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Jeff Greene fires back at One West Palm’s former project manager
Business

Jeff Greene fires back at One West Palm’s former project manager

September 5, 2024September 5, 2024

Billionaire Jeff Greene is hitting back at the general contractor previously overseeing his One West Palm mixed-use project.  Greene’s development entity 1370 South Ocean on

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Financier sets record with M sale of Fort Lauderdale estate
Business

Financier sets record with $70M sale of Fort Lauderdale estate

September 5, 2024September 5, 2024

Financier Donald Sussman sold his waterfront mansion in Fort Lauderdale for $70 million, setting a record for the coastal city.  Sussman sold the 20,000-square-foot, 10-bedroom,

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Developer proposes 198-unit Live Local project near Seminole Hard Rock, amid flurry of applications under affordable housing law
Business

Developer proposes 198-unit Live Local project near Seminole Hard Rock, amid flurry of applications under affordable housing law

September 5, 2024September 5, 2024

A developer proposes a 198-unit Live Local Act project near the Seminole Hard Rock Hotel & Casino in Hollywood, amid a surge of applications under

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Related, Integra score 7M construction loan for St. Regis Brickell condo project
Business

Related, Integra score $527M construction loan for St. Regis Brickell condo project

September 4, 2024September 4, 2024

The Pérez family’s Related Group and its partner, Integra Investments, secured $527 million in construction financing for St. Regis Residences, Miami, a luxury condo development

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AvalonBay plans Lake Worth Beach multifamily project adjacent to Publix-anchored shopping plaza
Business

AvalonBay plans Lake Worth Beach multifamily project adjacent to Publix-anchored shopping plaza

September 4, 2024September 4, 2024

AvalonBay Communities acquired a multifamily development site in Lake Worth Beach that is next to a built-in retail component anchored by a Publix store.  Arlington,

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So long, Miami: Andreessen Horowitz closes South Beach outpost amid doubt over office market’s viability
Business

So long, Miami: Andreessen Horowitz closes South Beach outpost amid doubt over office market’s viability

September 4, 2024September 4, 2024

Venture capital firm Andreessen Horowitz closed its South Beach office, amid looming questions over South Florida’s ability to remain a magnet for out-of-state companies.   Andreessen

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BH and Related score design board approval for oceanfront Pompano Beach condo-hotel project
Business

BH and Related score design board approval for oceanfront Pompano Beach condo-hotel project

September 4, 2024September 4, 2024

BH Group and Related Group can plow ahead with a planned oceanfront condo-hotel project in Pompano Beach after securing a design board’s approval. The Pompano

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Condo owners opposing sale of Pembroke Pines’ Heron Pond complex lose first court fight
Business

Condo owners opposing sale of Pembroke Pines’ Heron Pond complex lose first court fight

September 4, 2024September 4, 2024

A pair of condo owners at the embattled Heron Pond complex in Pembroke Pines lost their first court fight against the receiver’s plan to list

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Barry Sternlicht proposes Bjarke Ingels-designed redevelopment of the Standard Miami Beach 
Business

Barry Sternlicht proposes Bjarke Ingels-designed redevelopment of the Standard Miami Beach 

September 4, 2024September 4, 2024

A group of investors led by billionaire Barry Sternlicht is proposing a luxury overhaul and redevelopment of the waterfront Standard hotel in Miami Beach.  Starchitect

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