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Category: Business

Grant Cardone raises M for crypto and multifamily deals; plays coy about California governor run
Business

Grant Cardone raises $88M for crypto and multifamily deals; plays coy about California governor run

April 4, 2025April 4, 2025

Grant Cardone raised $88.1 million in recent months for a fund that bought $15 million in Bitcoin and paid $73 million for a Central Florida

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Resi roundup: Medicare fraudster, hospitality heiress sell South Florida homes
Business

Resi roundup: Medicare fraudster, hospitality heiress sell South Florida homes

April 4, 2025April 4, 2025

In the latest roundup of South Florida luxury residential deals, a convicted Medicare fraudster, a hospitality heiress and the wife of a pharma executive sold

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Miami Design Preservation League’s longtime director Daniel Ciraldo steps down
Business

Miami Design Preservation League’s longtime director Daniel Ciraldo steps down

April 3, 2025April 3, 2025

Daniel Ciraldo stepped down as executive director of the Miami Design Preservation League, the nonprofit he led for about eight years.  Ciraldo, who often spoke

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Vlad Doronin’s OKO and Cain propose three-building Palm Beach condo complex
Business

Vlad Doronin’s OKO and Cain propose three-building Palm Beach condo complex

April 3, 2025April 3, 2025

OKO Group and Cain International are proposing a three-building condo complex in Palm Beach, the island’s first new condo proposal in nearly 20 years. The

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Developer Andres Isaias buys North Bay Road teardown for M, plans M spec mansion
Business

Developer Andres Isaias buys North Bay Road teardown for $17M, plans $65M spec mansion

April 3, 2025April 3, 2025

Developer Andres Isaias bought a waterfront North Bay Road teardown for $17 million, with plans to tear it down and build a trophy spec home. 

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Rent reprieve: Miami rates drop nearly 8% y-o-y, amid supply overhang
Business

Rent reprieve: Miami rates drop nearly 8% y-o-y, amid supply overhang

April 3, 2025April 3, 2025

After leading the nation in apartment rent hikes in recent years, South Florida is getting a reprieve.  In Miami, monthly rents for two-bedroom units averaged

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Apogee Beach closing tops Broward weekly condo sales 
Business

Apogee Beach closing tops Broward weekly condo sales 

April 3, 2025April 3, 2025

Broward County’s condo sales and dollar volume rose in the last week of March.  Brokers closed 152 condo sales totaling $49 million from Mar. 23

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Universal Property settles claims of insurance fraud, will pay state .5M
Business

Universal Property settles claims of insurance fraud, will pay state $6.5M

April 2, 2025April 2, 2025

Universal Property & Casualty Insurance Company will not receive more than $30 million that it sought in allegedly fraudulent insurance claims in Florida after settling

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Designer, former NYC commissioner sell Palm Beach house for M
Business

Designer, former NYC commissioner sell Palm Beach house for $16M

April 2, 2025April 2, 2025

Designer Regine Traulsen and her husband, Bill Diamond, a former New York City commissioner, sold their longtime Palm Beach home for $16.2 million. Records show

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Steve Ross commits M to Vanderbilt’s West Palm Beach campus
Business

Steve Ross commits $50M to Vanderbilt’s West Palm Beach campus

April 2, 2025April 2, 2025

Steve Ross committed a $50 million donation to Vanderbilt University for its planned West Palm Beach graduate school campus, an expansion the billionaire developer has

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