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Category: Business

Down for the count? Don King’s Mangonia Park site faces M foreclosure
Business

Down for the count? Don King’s Mangonia Park site faces $38M foreclosure

May 2, 2025May 2, 2025

A $38 million foreclosure complaint could knock out Don King’s plan to sell 52 acres in Mangonia Park. On Wednesday, an affiliate of Taylor Made

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Riviera Beach seeks developers for waterfront entertainment complex
Business

Riviera Beach seeks developers for waterfront entertainment complex

May 2, 2025May 2, 2025

After plans for a Margaritaville-branded hotel fizzled out, Riviera Beach’s Community Redevelopment Agency is once again seeking bids from developers to build a mixed-use commercial

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Home Depot on tap? Retailer pays M for 5-acre commercial plaza in Pembroke Park
Business

Home Depot on tap? Retailer pays $20M for 5-acre commercial plaza in Pembroke Park

May 2, 2025May 2, 2025

Home Depot bought a commercial plaza in Pembroke Park for $20 million, adding to its holdings in the Broward County town.  The Atlanta-based big box

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Live Local boost: Developer enlarges planned Ojus project to 362 units using state affordable housing law
Business

Live Local boost: Developer enlarges planned Ojus project to 362 units using state affordable housing law

May 2, 2025May 2, 2025

A development firm boosted the size of its planned apartment project in Ojus to 362 units, partly by seizing on density and height bonuses under

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South Florida industrial rents remain high in first quarter, despite demand slowdown
Business

South Florida industrial rents remain high in first quarter, despite demand slowdown

May 2, 2025May 2, 2025

South Florida industrial landlords experienced less tenant demand in the first quarter, but asking rents remained high across Miami-Dade, Broward and Palm Beach counties, a

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Michael Stern, JDS sue over allegedly defamatory website  
Business

Michael Stern, JDS sue over allegedly defamatory website  

May 1, 2025May 1, 2025

Developer Michael Stern and JDS Development Group are alleging a John Doe orchestrated a smear campaign to spread false and defamatory information about him and

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Related Ross, partners buy WPTV’s studio and offices in West Palm for M
Business

Related Ross, partners buy WPTV’s studio and offices in West Palm for $40M

May 1, 2025May 1, 2025

Steve Ross and his partners bought WPTV’s studio and office building in West Palm Beach for $40 million in a sale-leaseback deal.  The purchase comes

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Buyer revealed: Hedge funder Nick Maounis pays M for Miami Beach estate, sources say
Business

Buyer revealed: Hedge funder Nick Maounis pays $75M for Miami Beach estate, sources say

May 1, 2025May 1, 2025

Hedge fund manager Nick Maounis is the buyer who recently paid $75 million for a waterfront estate in Miami Beach, The Real Deal has learned. 

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Resi roundup: Financier, cheese importer buy South Florida homes
Business

Resi roundup: Financier, cheese importer buy South Florida homes

May 1, 2025May 1, 2025

In the latest roundup of South Florida luxury residential deals, a commercial real estate financier and a cheese importer bought homes in the region. Deals

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Mapping the players in Trump’s Palm Beach orbit
Business

Mapping the players in Trump’s Palm Beach orbit

May 1, 2025May 1, 2025

Three years ago, the Event Horizon Telescope Collaboration released the first image of the supermassive black hole at the center of our galaxy, Sagittarius A*.

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