Copart beefed up its South Florida portfolio, paying $65 million for a Palm Beach County auto yard where the company stores and sells used vehicles.
Category: Business
“I don’t trust you”: Judge denies bond for alleged Hammocks fraud ringleader Marglli Gallego
Marglli Gallego, accused of leading the alleged massive Hammocks fraud, will remain in jail. Miami-Dade Circuit Criminal Court Judge Laura Cruz shot down Gallego’s attorney’s
Terra, Fortune pay record $205M for waterfront Key Biscayne development site
David Martin partnered with Edgardo Defortuna to pay a record $205 million for a Key Biscayne development site where they plan a 56-unit ultra-luxury condo
Dorissa of Miami in Wynwood hits market for roughly $25M
Dorissa of Miami, a storied property that once played a role in Wynwood’s garment industry, hit the market for roughly $25 million, The Real Deal
2000 Ocean closing tops Broward weekly condo sales
Broward County’s condo sales and dollar volume rose last week. Brokers closed 201 condo sales totaling $74.1 million from Mar. 30 to Apr. 6. The
Texas man drops $15M on oceanfront Highland Beach mansion
A Texas businessman dropped $15 million on an oceanfront Highland Beach mansion. Records show David P. Pfeil bought the house at 4217 South Ocean Boulevard
Revealed: Hedge funder Ara Cohen linked to $67M worth of Palm Beach resi deals
A case of Palm Beach house-hopping has amounted to more than $67 million in residential deals on the island. Hedge funder Ara Cohen is linked
Holy war: Brickell residents crusade against 13th Floor and Key’s planned 80-story tower behind Presbyterian church
For some Brickell residents, a planned 80-story condo tower behind First Miami Presbyterian Church is far from a blessing. Since at least 2021, Arnaud Karsenti’s
Nigerian national sentenced to six years in prison for fraud scheme in Boca Raton, Lake Worth
A Nigerian national was sentenced to six years in federal prison for orchestrating a scheme in which he impersonated sellers of residential properties in Palm
Studio Three gym leases at OKO, Cain’s 830 Brickell tower
Studio Three will open a gym at the 830 Brickell tower in Miami. The fitness studio leased 5,800 square feet at the 57-story office tower