Hedge fund Alden Global Capital’s real estate division allegedly tried to shortchange a former property manager and investor in his payout for South Florida hotels
Category: Business
AquaBlu closing tops Broward weekly condo sales
Broward County’s condo sales and dollar volume dropped in the second week of January. Brokers closed 76 condo sales totaling $24.8 million from Jan. 5
Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties
South Florida’s industrial market took a hit in the fourth quarter of last year, as vacancies rose across the tri-county region, and rents dropped in
Calta scores $30M construction loan for Coral Gables townhomes
The Calta Group scored a $30 million construction loan for its planned Via Veneto townhomes in Coral Gables. The Coral Gables-based developer, led by brothers
Leadership shift at Compass, as brokerage looks to expand further into new dev sales, luxury market
Change is underway at Compass in Florida, as the firm looks to expand in the luxury market and new development business. Two longtime executives left
Goya heir Andrew Unanue sells Palm Beach mansion for $28M
Andrew Unanue, a scion of the billionaire family that owns Goya Foods, sold a Palm Beach house for $27.5 million, two years after buying a
Map: Here is Broward County’s condo development pipeline
South Florida’s condo developers want to build, baby, build –– in Broward County. Long overshadowed by Miami-Dade and Palm Beach counties, its more expensive neighbors
Palm Beach Biltmore closing tops Palm Beach County’s weekly condo sales
Palm Beach County’s condo sales and dollar volume rose slightly in the second week of January. Brokers closed 99 condo sales totaling $61.3 million from
Billionaire Bill Malhotra’s Claridge Homes launches sales for luxury condos in Pompano Beach
Billionaire developer Bill Malhotra is launching sales for Ocean580, a luxury oceanfront condo project in Pompano Beach. Malhotra’s Ottawa, Ontario-based Claridge Homes is planning the
Financiers sell waterfront Palm Beach house for $25M
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