For years, Nitin and Dev Motwani have been the talking heads (and managing partners) of their family company, Merrimac Ventures, which has completed more than
Category: Business
Meet Ken Griffin’s platoon of planners and professionals building his business in South Florida
In less than three years, billionaire Ken Griffin has turned into one of South Florida’s biggest real estate tycoons. The Daytona Beach native with a
With Trump back in office, all eyes are on a changed Palm Beach
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
The Weekly Dirt: Why condo developers flush with optimism should think twice
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
MLB hat maker Christopher Koch drops record $35M on Jupiter spec home
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
Henderson Park-led JV takes over PGA National Resort in $400M-plus deal
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
Raanan Katz boosts retail empire, pays $15M for City Furniture showroom
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.
Süzer buys majority stake in Wynwood’s Moxy hotel for $99M
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
Investor sues developers of Icon Palm Beach Shores over allegedly unpaid loans
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
Medical device heir buys Aston Martin condo for $23M
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