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Category: Business

Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project
Business

Related, BH and Pebb clear final hurdle for Office Depot campus mixed-use project

February 13, 2025February 13, 2025

A partial redevelopment of Boca Raton’s Office Depot campus is set to go forward after receiving final city zoning approval. The Boca Raton City Council

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AquaBlu closing tops Broward weekly condo sales 
Business

AquaBlu closing tops Broward weekly condo sales 

February 13, 2025February 13, 2025

Broward County’s condo sales and dollar volume fell in the first week of February. Brokers closed 104 condo sales totaling $35.4 million from Feb. 2

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Two Roads’ Edgewater condo buyout at impasse: What could happen next?
Business

Two Roads’ Edgewater condo buyout at impasse: What could happen next?

February 12, 2025February 12, 2025

It’s been nearly a year since a Florida appellate court entered a ruling in favor of the eight holdout unit owners at a bayfront condo

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Related Urban’s plan for 8M Coconut Grove mixed-income project nabs committee approval
Business

Related Urban’s plan for $148M Coconut Grove mixed-income project nabs committee approval

February 12, 2025February 12, 2025

Related Urban’s potential replacement of a Coconut Grove public housing project for seniors with a $148 million mixed-income multifamily project is gaining steam. Miami-Dade County

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Grocery honcho buys M waterfront mansion near Palm Beach Gardens  
Business

Grocery honcho buys $16M waterfront mansion near Palm Beach Gardens  

February 12, 2025February 12, 2025

Grocery honcho David Cesario and his wife, Leann Cesario, bought a waterfront mansion near Palm Beach Gardens for $15.5 million. Records show the Cesarios bought

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Asi Cymbal scores 4M refi for Live Local Act apartment complex in Miami Gardens, as South Florida loans flow 
Business

Asi Cymbal scores $114M refi for Live Local Act apartment complex in Miami Gardens, as South Florida loans flow 

February 12, 2025February 12, 2025

Asi Cymbal scored a $114 million refinancing for a 341-unit Live Local Act apartment complex in Miami Gardens, as loans keep flowing in South Florida. 

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Baywood, Dolphin Capital score M loan for Wynwood’s Moxy hotel, as they bring in new partner
Business

Baywood, Dolphin Capital score $36M loan for Wynwood’s Moxy hotel, as they bring in new partner

February 12, 2025February 12, 2025

When DolphinBay Hospitality sold a majority stake in the Moxy Miami Wynwood hotel recently, the joint venture also secured $35.5 million in new financing.  DolphinBay

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Presidential Place closing tops Palm Beach County weekly condo sales
Business

Presidential Place closing tops Palm Beach County weekly condo sales

February 12, 2025February 12, 2025

Palm Beach County’s condo sales and dollar volume dropped in the first week of February. Brokers closed 70 condo sales totaling $35.3 million from Feb.

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Checking in: Hospitality mogul buys Venetian Islands spec home for M
Business

Checking in: Hospitality mogul buys Venetian Islands spec home for $19M

February 11, 2025February 11, 2025

Hospitality mogul Nick Patel bought a waterfront spec home on Miami’s Venetian Islands from developer Pascal Nicolai for $19.4 million. Records show Patel’s Kalyan Miami

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Calta lands M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang 
Business

Calta lands $54M construction loan for Hollywood apartments, amid South Florida multifamily supply overhang 

February 11, 2025February 11, 2025

The Caltagirone brothers’ Calta Group scored a $53.7 million construction loan for a pair of Hollywood apartment projects with a total of 251 units.  The

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