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Category: Business

Developer Ugo Colombo's wife buys waterfront home in Miami’s Bay Point
Business

Developer Ugo Colombo's wife buys waterfront home in Miami’s Bay Point

March 26, 2025March 26, 2025

Developer Ugo Colombo’s wife Sara bought a waterfront home in Miami’s Bay Point neighborhood, The Real Deal has learned.  Property records show Pardus Two LLC,

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Billionaire Ken Griffin’s One Thousand Museum penthouse hits market
Business

Billionaire Ken Griffin’s One Thousand Museum penthouse hits market

March 26, 2025March 26, 2025

Billionaire hedge fund manager Ken Griffin is seeking to sell a penthouse he owns at Zaha Hadid-designed One Thousand Museum, The Real Deal has learned. 

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Palm Beach’s Maddock family sells oceanfront teardown for M 
Business

Palm Beach’s Maddock family sells oceanfront teardown for $31M 

March 26, 2025March 26, 2025

A scion of one of Palm Beach’s founding families sold an oceanfront teardown for $31 million,  after listing it for $39.5 million in November. Records

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Pinnacle advances 196-unit Live Local affordable housing project in Fort Lauderdale
Business

Pinnacle advances 196-unit Live Local affordable housing project in Fort Lauderdale

March 26, 2025March 27, 2025

Pinnacle Housing Group and its partners advanced its plan to build a 196-unit Live Local Act affordable housing complex with separate buildings for seniors and

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Resi roundup: “Real Housewives” star sells Weston spec mansion
Business

Resi roundup: “Real Housewives” star sells Weston spec mansion

March 26, 2025March 26, 2025

Spec developers closed a flurry of sales in the latest roundup of South Florida luxury real estate deals.  Closings spanned from Pinecrest to Palm Beach

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One Thousand Ocean closing tops Palm Beach County weekly condo sales 
Business

One Thousand Ocean closing tops Palm Beach County weekly condo sales 

March 26, 2025March 26, 2025

Palm Beach County’s condo sales and dollar volume fell last week.  Brokers closed 118 condo sales totaling $62.3 million from Mar. 16 to Mar. 23.

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Acadia dives back into South Florida with M Lake Worth Beach retail purchase
Business

Acadia dives back into South Florida with $68M Lake Worth Beach retail purchase

March 25, 2025March 25, 2025

Nearly a decade after selling its interest in a large Miami Beach retail portfolio, Acadia Realty Trust is back in South Florida, acquiring a Palm

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Florida Memorial University plans B+ revamp with Redwood Dev Co
Business

Florida Memorial University plans $1B+ revamp with Redwood Dev Co

March 25, 2025March 25, 2025

Florida Memorial University is working with Redwood Dev Co on the first phase of a redevelopment of the Miami Gardens campus, The Real Deal has

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Constellation, partners score M construction loan for North Beach condos
Business

Constellation, partners score $42M construction loan for North Beach condos

March 25, 2025March 25, 2025

Constellation Group, Boschetti Group and Vietmar scored a $42.3 million construction loan for their planned North Beach condo project. Ella Miami Beach, a 10-story, 103-unit

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Cipriani, 13th Floor and Midtown Equities plan oceanfront tower in Miami Beach
Business

Cipriani, 13th Floor and Midtown Equities plan oceanfront tower in Miami Beach

March 25, 2025March 25, 2025

The Cipriani family is jumping into another branded condo development in South Florida.  Cipriani and developers 13th Floor Investments and Midtown Equities revealed plans for

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