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Category: Business

Block Capital buys into Diesel Wynwood project, plans relaunch
Business

Block Capital buys into Diesel Wynwood project, plans relaunch

July 23, 2024July 23, 2024

The Miculitzki family’s Block Capital Group bought into Diesel Wynwood, Bel Invest Group’s planned branded condominium project in the trendy Miami neighborhood, The Real Deal

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SJC, Nuveen drop M for Doral dev site, plan Whole Foods-anchored mixed-use project
Business

SJC, Nuveen drop $32M for Doral dev site, plan Whole Foods-anchored mixed-use project

July 23, 2024July 23, 2024

SJC Ventures and Nuveen Real Estate scooped up a development site in Doral for $32 million, with plans for a Whole Foods Market-anchored project.  Atlanta-based

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Boca Raton spec mansion sells for M in offseason deal
Business

Boca Raton spec mansion sells for $29M in offseason deal

July 23, 2024July 23, 2024

Following a busy season for Boca Raton’s priciest neighborhood, another waterfront spec mansion in Royal Palm Yacht & Country Club sold for $28.5 million. Records

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Zaragon sells Plantation office building for M, a 6% discount from 2018
Business

Zaragon sells Plantation office building for $16M, a 6% discount from 2018

July 23, 2024July 23, 2024

Zaragon sold an office building in Plantation for $15.7 million, a 5.5 percent discount from the firm’s purchase price six years ago.  The deal comes

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Here’s a look at Palm Beach’s priciest offseason rentals 
Business

Here’s a look at Palm Beach’s priciest offseason rentals 

July 23, 2024July 23, 2024

It’s the offseason for Palm Beach, but homeowners on the island are still trying to get top dollar rents for their luxury homes.  Even in

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Continuum South Beach closing tops Miami-Dade weekly condo sales
Business

Continuum South Beach closing tops Miami-Dade weekly condo sales

July 23, 2024July 23, 2024

Miami-Dade County’s condo sales rose last week, with an eight-figure closing at Continuum on South Beach leading the way. Brokers closed 140 condo sales totaling

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Buyers who lost deposits on Coconut Grove homes settle case
Business

Buyers who lost deposits on Coconut Grove homes settle case

July 22, 2024July 22, 2024

The homebuyers who allege they were conned by developer Doug Cox in Coconut Grove agreed to quitclaim deeds, giving up claims of ownership to the

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Related joint venture submits plans for Riviera Beach mixed-use project
Business

Related joint venture submits plans for Riviera Beach mixed-use project

July 22, 2024July 22, 2024

Related Group, BH Group and Tezral Partners submitted plans for a mixed-use multifamily development in Riviera Beach.  The joint venture plans 418 apartments across a

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Fortress takes back Fort Lauderdale marina, RV park in M deed in lieu of foreclosure
Business

Fortress takes back Fort Lauderdale marina, RV park in $86M deed in lieu of foreclosure

July 22, 2024July 22, 2024

The investors in a Fort Lauderdale RV park and marina surrendered the property to the lender through a deed in lieu of foreclosure valued at

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Singaporean REIT sells Boca Raton office building for M –– an 18% discount from 2021
Business

Singaporean REIT sells Boca Raton office building for $82M –– an 18% discount from 2021

July 22, 2024July 22, 2024

A Singaporean real estate investment trust sold the One Town Center office building in Boca Raton for $82 million, marking a 17.6 percent discount from

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