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Category: Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 
Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

February 6, 2025February 6, 2025

Developer Celal Ozkan filed for bankruptcy on his North Miami Beach development site for a 341-unit apartment tower, marking the latest in his nearly yearlong

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The Palms closing tops Broward weekly condo sales 
Business

The Palms closing tops Broward weekly condo sales 

February 6, 2025February 6, 2025

Broward County’s condo sales and dollar volume rose last week. Brokers closed 118 condo sales totaling $50.1 million from Jan. 26 to Feb. 2. The

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Gils tap Chad Carroll to lead sales for luxury single-family community near Delray Beach
Business

Gils tap Chad Carroll to lead sales for luxury single-family community near Delray Beach

February 5, 2025February 5, 2025

Developers Yosi and Guy Gil tapped Compass agent Chad Carroll to lead sales for their planned 20-single-family home luxury project near Delray Beach. The Gils’

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Dead deal: Related Urban cancels mixed-use project at former Homestead city hall
Business

Dead deal: Related Urban cancels mixed-use project at former Homestead city hall

February 5, 2025February 5, 2025

After nearly four years of negotiations, Related Urban is backing out of a pending deal to partner with the city of Homestead on a major

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Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of 0M
Business

Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of $110M

February 5, 2025February 5, 2025

A joint venture between Kolter Group and BH Group is looking to sell an oceanfront development site in Miami Beach for a big profit.  Delray

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Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues
Business

Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues

February 5, 2025February 5, 2025

Lennar proposes 192 single-family homes in two projects in south Miami-Dade County, as developers continue to target the area.  Miami-based Lennar wants to develop Rodan

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Resi roundup: NFL star Jeremy Shockey buys Bay Point home
Business

Resi roundup: NFL star Jeremy Shockey buys Bay Point home

February 5, 2025February 5, 2025

In the latest roundup of South Florida luxury residential deals, a former football star bought a home in Miami. Deals spanned Miami to Palm Beach,

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Sloans Curve closing tops Palm Beach County weekly condo sales 
Business

Sloans Curve closing tops Palm Beach County weekly condo sales 

February 5, 2025February 5, 2025

Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 89 condo sales totaling $61.3 million from Jan. 26 to Feb. 2.

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Deauville redevelopment secures Miami Beach planning board’s blessing 
Business

Deauville redevelopment secures Miami Beach planning board’s blessing 

February 4, 2025February 4, 2025

The Meruelo family and David Martin are one step closer to securing approval to build on the former site of the Deauville Beach Resort in

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Mint Developers plans 0M Sonesta supertall in downtown Miami 
Business

Mint Developers plans $850M Sonesta supertall in downtown Miami 

February 4, 2025February 4, 2025

Mint Developers is teaming up with Sonesta International Hotels on the James Hotel & Residences, a planned supertall in downtown Miami.  The two companies revealed

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