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Category: Business

Financiers sell waterfront Palm Beach house for M
Business

Financiers sell waterfront Palm Beach house for $25M

January 14, 2025January 14, 2025

Financiers Richard and Cornelia Thornburgh sold their waterfront home on Palm Beach’s Everglades Island for $25.4 million. Records show the Thornburghs sold the house at

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Office bargain: Foundry sells Sunrise building for M –– 36% discount from purchase price seven years ago
Business

Office bargain: Foundry sells Sunrise building for $37M –– 36% discount from purchase price seven years ago

January 14, 2025January 14, 2025

Foundry Commercial sold an office building in Sunrise for $20.9 million less than it had paid seven years ago, as suburban properties continued to trade

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Mike Tyson buys lakefront spec mansion in Delray Beach
Business

Mike Tyson buys lakefront spec mansion in Delray Beach

January 14, 2025January 14, 2025

Former pro boxer Mike Tyson bought a lakefront spec mansion in Delray Beach for $13 million.  Tyson and his wife, Lakiha, signed a purchase agreement

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BDT & MSD proposes 60-unit project at Boca Raton Resort, amid luxury condo frenzy in South Florida
Business

BDT & MSD proposes 60-unit project at Boca Raton Resort, amid luxury condo frenzy in South Florida

January 14, 2025January 14, 2025

BDT & MSD Partners proposes a 60-unit condominium at Boca Raton Resort & Club, amid a development frenzy for luxury projects in South Florida.  The

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Mr. C Residences closing tops Miami-Dade weekly condo sales 
Business

Mr. C Residences closing tops Miami-Dade weekly condo sales 

January 14, 2025January 14, 2025

Miami-Dade County’s condo dollar volume rose in the second week of January, with an $8.6 million closing at Terra’s Mr. C Residences in Coconut Grove

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Consultant alleges Michael Stern’s partner Gianluca Vacchi owes .7M in fees tied to condo developments
Business

Consultant alleges Michael Stern’s partner Gianluca Vacchi owes $1.7M in fees tied to condo developments

January 13, 2025January 13, 2025

A Naples-based project consultant is accusing developer Michael Stern’s partner, Italian entrepreneur Gianluca Vacchi, of stiffing him out of $1.7 million in fees tied to

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Waterfront North Bay Village condo building asking M tops signed contracts
Business

Waterfront North Bay Village condo building asking $25M tops signed contracts

January 13, 2025January 13, 2025

A waterfront condo building in North Bay Village asking $25 million secured a buyer, topping last week’s signed contracts report in Miami-Dade County.  The 15-unit

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Sotheby’s agent Betsy Sorrel sells Palm Beach home for M
Business

Sotheby’s agent Betsy Sorrel sells Palm Beach home for $16M

January 13, 2025January 13, 2025

Real estate agent and investor Betsy Sorrel sold a renovated Palm Beach home for $15.9 million. Records show Sorrel sold the house at 245 Barton

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Daniel de la Vega’s wife sentenced to probation in crash that killed UM student
Business

Daniel de la Vega’s wife sentenced to probation in crash that killed UM student

January 13, 2025January 13, 2025

Veronica Bilbao de la Vega, the wife of One Sotheby’s International Realty President Daniel de la Vega, was sentenced to probation in the crash that

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Lease roundup: Attorney referral provider moving HQ to Coral Gables, La Mar by Gastón Acurio finds new Brickell home
Business

Lease roundup: Attorney referral provider moving HQ to Coral Gables, La Mar by Gastón Acurio finds new Brickell home

January 13, 2025January 13, 2025

The No-Fault Group | Coral Gables  An attorney referral service firm will move its headquarters to Coral Gables.  The No-Fault Group, which connects people with

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