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Category: Business

With Trump back in office, all eyes are on a changed Palm Beach
Business

With Trump back in office, all eyes are on a changed Palm Beach

February 3, 2025February 3, 2025

Election Day in Palm Beach was relatively quiet. The skies were overcast and schools were closed. Traffic caused by Donald Trump’s motorcade escort to the

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The Weekly Dirt: Why condo developers flush with optimism should think twice
Business

The Weekly Dirt: Why condo developers flush with optimism should think twice

February 2, 2025February 3, 2025

Some condo developers experienced slower sales in 2024. That didn’t stop developers from launching more projects.  Expect more of that this year, developers and brokers

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MLB hat maker Christopher Koch drops record M on Jupiter spec home
Business

MLB hat maker Christopher Koch drops record $35M on Jupiter spec home

January 31, 2025January 31, 2025

Christopher Koch, whose family’s New Era Cap Company is the exclusive hat maker for Major League Baseball, dropped a record $35 million on a waterfront

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Henderson Park-led JV takes over PGA National Resort in 0M-plus deal
Business

Henderson Park-led JV takes over PGA National Resort in $400M-plus deal

January 31, 2025January 31, 2025

Henderson Park, Salamander Collection and South Street Partners teamed up to purchase the PGA National Resort in Palm Beach Gardens. The Henderson Park-led joint venture

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Raanan Katz boosts retail empire, pays M for City Furniture showroom
Business

Raanan Katz boosts retail empire, pays $15M for City Furniture showroom

January 31, 2025January 31, 2025

Raanan Katz’s RK Centers added a second Broward retail property to its portfolio in less than three months, paying $15.2 million for a furniture store.

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Süzer buys majority stake in Wynwood’s Moxy hotel for M
Business

Süzer buys majority stake in Wynwood’s Moxy hotel for $99M

January 31, 2025January 31, 2025

Süzer Group bought a majority stake in the Moxy Miami Wynwood hotel for $99 million, The Real Deal has learned.  The Istanbul-based firm purchased a

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Investor sues developers of Icon Palm Beach Shores over allegedly unpaid loans
Business

Investor sues developers of Icon Palm Beach Shores over allegedly unpaid loans

January 31, 2025January 31, 2025

The developers of Icon Palm Beach Shores are facing yet another lawsuit tied to the luxury condo project.  Investor Daniel Perla sued Marc Shulman, Anthony

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Medical device heir buys Aston Martin condo for M
Business

Medical device heir buys Aston Martin condo for $23M

January 31, 2025January 31, 2025

The son of a medical device company founder bought a condo at downtown Miami’s Aston Martin Residences for $22.5 million. Records show Dennis Christopher Foley

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Ex-Miami Heat player Goran Dragić sells waterfront Miami estate for M
Business

Ex-Miami Heat player Goran Dragić sells waterfront Miami estate for $13M

January 31, 2025January 31, 2025

Former Miami Heat player Goran Dragić, a.k.a. “the Dragon,” sold his waterfront Miami home in Bay Point.  Dragić and his now ex-wife, Maja, sold their

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As part of 0M nationwide leaseback deal, AT&T sells 10 South Florida sites for M
Business

As part of $850M nationwide leaseback deal, AT&T sells 10 South Florida sites for $63M

January 30, 2025January 30, 2025

AT&T has disconnected its ownership of 10 South Florida sites, selling the office/industrial properties to Reign Capital for a combined $62.9 million. An affiliate of

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