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Category: Business

Silver Star pays M for Delray Beach self-storage facility as part of company-wide pivot
Business

Silver Star pays $27M for Delray Beach self-storage facility as part of company-wide pivot

August 2, 2024August 2, 2024

Silver Star Properties paid $26.5 million for a Delray Beach self-storage facility as part of a company reorganization. Silver Star, led by co-CEOs David Wheeler

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After assassination attempt, Mar-a-Lago road closures cut access for nearby luxury listings
Business

After assassination attempt, Mar-a-Lago road closures cut access for nearby luxury listings

August 2, 2024August 2, 2024

The attempted assassination of Donald Trump on July 13 sent the U.S. Secret Service scrambling to ensure the former president’s safety. Now, the security strategy

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IMC’s Yoram Izhak sells waterfront Bal Harbour home to Arison family member
Business

IMC’s Yoram Izhak sells waterfront Bal Harbour home to Arison family member

August 1, 2024August 1, 2024

Developer and investor Yoram Izhak sold his waterfront mansion in Bal Harbour to a member of the billionaire Arison family for $23 million.  Izhak, CEO

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Scott Robins and Philip Levine team up with Tricera to buy Aby Rosen’s Lincoln Road building at a discount
Business

Scott Robins and Philip Levine team up with Tricera to buy Aby Rosen’s Lincoln Road building at a discount

August 1, 2024August 1, 2024

Tricera Capital joined forces with Miami Beach-based real estate investors Scott Robins and Philip Levine to buy Aby Rosen’s Lincoln Road retail building at a

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Developer scores M construction loan for apartments near North Miami, marking one of the first Live Local Act financings
Business

Developer scores $17M construction loan for apartments near North Miami, marking one of the first Live Local Act financings

August 1, 2024August 1, 2024

Daniel Abreu scored a $16.5 million construction loan for an 80-unit apartment building near North Miami, marking one of the first Live Local Act project

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Barnes & Noble founder in contract to sell oceanfront Palm Beach estate listed for M
Business

Barnes & Noble founder in contract to sell oceanfront Palm Beach estate listed for $96M

August 1, 2024August 1, 2024

Leonard Riggio, the founder and former executive chairman of Barnes & Noble, has found a buyer for his oceanfront Palm Beach estate.  Amid the height

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Zach Vella expands Miami portfolio with Wynwood retail purchase
Business

Zach Vella expands Miami portfolio with Wynwood retail purchase

August 1, 2024August 1, 2024

Zach Vella is boosting his reach in Miami after acquiring a four-building portfolio in Wynwood. An affiliate of Vella’s eponymous Los Angeles-based real estate investment

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Alger family sells nearly 800 acres outside Miami-Dade’s UDB for M
Business

Alger family sells nearly 800 acres outside Miami-Dade’s UDB for $56M

August 1, 2024August 1, 2024

The Alger family, who have been farmers in Miami-Dade County for generations, sold a nearly 800-acre land tract outside the Urban Development Boundary for $56

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Related, BH under contract to buy waterfront West Palm Beach dev site
Business

Related, BH under contract to buy waterfront West Palm Beach dev site

July 31, 2024July 31, 2024

The Pérez family’s Related Group and the Toledanos’ BH Group are teaming up again to acquire a waterfront development site in West Palm Beach, The

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SJC, Nuveen land M construction loan for Whole Foods-anchored project in Doral
Business

SJC, Nuveen land $69M construction loan for Whole Foods-anchored project in Doral

July 31, 2024July 31, 2024

SJC Ventures and Nuveen Real Estate are moving quickly to start building a Whole Foods-anchored project in Doral, recently securing a $69.4 million construction loan.

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