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Category: Business

Lease roundup: FIFA opens permanent office in Coral Gables ahead of 2026 World Cup
Business

Lease roundup: FIFA opens permanent office in Coral Gables ahead of 2026 World Cup

August 30, 2024August 30, 2024

FIFA | Coral Gables  FIFA expanded its South Florida office ahead of the 2026 World Cup, with plans to keep the space permanently as a

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Joe Farrell launches sales for 27 luxury single-family homes in Wellington
Business

Joe Farrell launches sales for 27 luxury single-family homes in Wellington

August 30, 2024August 30, 2024

Spec developer Joe Farrell is launching sales for 27 luxury single-family homes in Wellington’s Palm Beach Polo & Country Club. Prices for the planned Wellington

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Affiliated scores M construction loan for West Palm multifamily project
Business

Affiliated scores $50M construction loan for West Palm multifamily project

August 30, 2024August 30, 2024

Affiliated Development started construction of a planned West Palm Beach apartment building after nabbing a $50 million loan. Bank of Montreal provided the financing for

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Pembroke Pines condo complex deemed structurally unsafe to hit the market 
Business

Pembroke Pines condo complex deemed structurally unsafe to hit the market 

August 29, 2024August 29, 2024

A Pembroke Pines condo complex that was evacuated following monthslong structural safety concerns and allegations of prior board members’ mismanagement will hit the market.  Heron

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Fred and Aaron Karlton buy waterfront Sunset Islands teardown, plan spec mansion
Business

Fred and Aaron Karlton buy waterfront Sunset Islands teardown, plan spec mansion

August 29, 2024August 29, 2024

Karlton Companies bought a waterfront teardown on the Sunset Islands in Miami Beach, with plans to build an ultra luxury spec mansion, The Real Deal

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Panattoni picks up former Miami Herald headquarters in Doral
Business

Panattoni picks up former Miami Herald headquarters in Doral

August 29, 2024August 29, 2024

Panattoni Development jumped into the Doral office submarket, picking up a two-story building that previously housed the headquarters for Miami Herald and El Nuevo Herald. 

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Waterfront Hibiscus Island mansion sells for record M
Business

Waterfront Hibiscus Island mansion sells for record $40M

August 29, 2024August 29, 2024

A waterfront mansion in Miami Beach traded for $40.3 million, setting a record for home sales on Hibiscus and Palm islands.  A company managed by

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Elliman’s Thor Brown jumps to Compass in Palm Beach
Business

Elliman’s Thor Brown jumps to Compass in Palm Beach

August 29, 2024August 29, 2024

Palm Beach agent Thor Brown is jumping from Douglas Elliman to Compass, the latest move in the island’s brokerage turf battles. Brown, who has closed

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Q & A: Michael Swerdlow dishes on Overtown project and other recent deals
Business

Q & A: Michael Swerdlow dishes on Overtown project and other recent deals

August 29, 2024August 29, 2024

For nearly a half-century, Michael Swerdlow has been a driving force in retail and mixed-use development in Miami-Dade County.  In the early 2000s, the Coconut

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Resi roundup: Metals mogul, attorney, real estate agent buy, sell homes
Business

Resi roundup: Metals mogul, attorney, real estate agent buy, sell homes

August 28, 2024August 28, 2024

In the latest roundup of South Florida luxury residential sales, deals spanned North Bay Village to Wellington, ranging in price from $7.3 million to $11

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