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Category: Business

Waste management boss buys M spec mansion in Boca Raton’s priciest neighborhood
Business

Waste management boss buys $20M spec mansion in Boca Raton’s priciest neighborhood

October 17, 2024October 17, 2024

Waste management boss Brendan Pantano bought a $19.8 million non-waterfront spec mansion in Boca Raton’s priciest neighborhood, Royal Palm Yacht & Country Club. Records show

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Condo sales tumble across South Florida in the third quarter
Business

Condo sales tumble across South Florida in the third quarter

October 17, 2024October 17, 2024

Residential pricing and inventory rose across much of South Florida in the third quarter, according to the latest Douglas Elliman reports.  Single-family home sales were

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Azure closing tops Palm Beach County weekly condo sales 
Business

Azure closing tops Palm Beach County weekly condo sales 

October 17, 2024October 17, 2024

Palm Beach County condo sales and dollar volume plummeted last week. Brokers closed 57 condo sales totaling $22.1 million from Oct. 8th to Oct. 15th.

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Fashion Nova founder buys waterfront Miami Beach spec home and non-waterfront house for M
Business

Fashion Nova founder buys waterfront Miami Beach spec home and non-waterfront house for $30M

October 16, 2024October 16, 2024

Fashion Nova founder and CEO Richard Saghian paid $30 million for a waterfront spec home and non-waterfront house in Miami Beach, The Real Deal has

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Terra, Turnberry score M grant for Miami Beach Convention Center hotel project
Business

Terra, Turnberry score $75M grant for Miami Beach Convention Center hotel project

October 16, 2024October 16, 2024

Terra and Turnberry are getting a $75 million taxpayer infusion for the joint venture’s convention center hotel project in Miami Beach. Despite securing more than

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Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 
Business

Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 

October 16, 2024October 16, 2024

Developer Ricardo Dunin and Peruvian firm Edifica propose a 43-story hotel in Brickell, marking the companies’ continued investment in Miami’s financial district.  North Development, a

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Wheelock lists The Ben West Palm Beach for 8M
Business

Wheelock lists The Ben West Palm Beach for $208M

October 16, 2024October 16, 2024

Wheelock Street Capital is accepting bids for a 208-key hotel along West Palm Beach’s waterfront, starting at $1 million per room. Greenwich, Connecticut-based Wheelock recently

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Resi roundup: NBA All Star, music producer buy, sell South Florida homes
Business

Resi roundup: NBA All Star, music producer buy, sell South Florida homes

October 16, 2024October 16, 2024

The latest roundup of South Florida residential deals included a former All Star point guard and a music producer buying and selling homes across the

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Grove at Grand Bay closing tops Miami-Dade weekly condo sales
Business

Grove at Grand Bay closing tops Miami-Dade weekly condo sales

October 16, 2024October 16, 2024

Miami-Dade County’s average condo sale price surged last week, while the total number of condos sold fell. Brokers closed 83 condo sales totaling $77.8 million

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Judge hits Tzadik CEO Adam Hendry and affiliates with .6M judgment over nationwide multifamily sales
Business

Judge hits Tzadik CEO Adam Hendry and affiliates with $10.6M judgment over nationwide multifamily sales

October 15, 2024October 15, 2024

A judge hit Adam Hendry, CEO of multifamily real estate firm Tzadik Management, and affiliated entities with a $10.6 million final judgment tied to sales

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