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Category: Business

Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 
Business

Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 

November 20, 2024November 20, 2024

Real estate firm Tobin wants to build a 120-unit apartment project in Hollywood, as South Florida experiences a record multifamily construction pipeline.  Hollywood-based Tobin proposes

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Palm Beach closing tops county’s weekly condo sales 
Business

Palm Beach closing tops county’s weekly condo sales 

November 20, 2024November 20, 2024

Palm Beach County’s condo sales fell last week, while dollar volume rose. Brokers closed 62 condo sales totaling $50.2 million from Nov. 10th to Nov.

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This old house: Mr. Fix-It Bob Vila flips Palm Beach home for M
Business

This old house: Mr. Fix-It Bob Vila flips Palm Beach home for $13M

November 19, 2024November 19, 2024

The original home improvement star, Bob Vila, sold a non-waterfront Palm Beach home for $13.4 million, less than a year after paying $12.5 million for

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Merrimac Ventures launches sales of Fort Lauderdale condos 
Business

Merrimac Ventures launches sales of Fort Lauderdale condos 

November 19, 2024November 19, 2024

Merrimac Ventures is launching sales of its planned Bungalow East condo project in Fort Lauderdale with prices starting at $2 million. Merrimac, led by brothers

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South Florida retail king Ranaan Katz picks up Miramar shopping center for M
Business

South Florida retail king Ranaan Katz picks up Miramar shopping center for $42M

November 19, 2024November 19, 2024

An investors’ buying spree for South Florida shopping centers wouldn’t be complete without retail king Ranaan Katz getting in on the action.  An affiliate of

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Billionaire Ken Griffin linked to Miami condo buyout next to his planned supertall
Business

Billionaire Ken Griffin linked to Miami condo buyout next to his planned supertall

November 19, 2024November 19, 2024

Billionaire hedge fund manager Ken Griffin may be tied to a condo takeover attempt in Miami’s Brickell, next to where the Citadel founder plans a

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Jenny Bernell lands M in construction financing for 427-unit rental tower in Miami’s A&E District, amid record multifamily pipeline
Business

Jenny Bernell lands $95M in construction financing for 427-unit rental tower in Miami’s A&E District, amid record multifamily pipeline

November 19, 2024November 19, 2024

Jenny Bernell’s Clearline Real Estate landed a $94.5 million construction financing package to build an apartment project in Miami’s Arts & Entertainment District, as South

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Bayview Fisher Island closing tops Miami-Dade weekly condo sales 
Business

Bayview Fisher Island closing tops Miami-Dade weekly condo sales 

November 19, 2024November 19, 2024

Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 102 condo sales totaling $104 million from Nov. 10th to Nov. 17th. The

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Barnes & Noble widow Louise Riggio sells oceanfront Palm Beach compound for M 
Business

Barnes & Noble widow Louise Riggio sells oceanfront Palm Beach compound for $81M 

November 18, 2024November 18, 2024

Louise Riggio, the widow of Barnes & Noble founder Leonard Riggio, sold her oceanfront compound in Palm Beach for $81 million, making it one of

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Miami Beach investor Fred Karlton and partner won nearly M foreclosure judgment for Miami office building 
Business

Miami Beach investor Fred Karlton and partner won nearly $9M foreclosure judgment for Miami office building 

November 18, 2024November 18, 2024

Miami Beach investor Fred Karlton and his partner, Beneficial Funding Corp., secured an $8.7 million foreclosure judgment against the owner of an office building near

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