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Category: Business

Is Fort Partners planning a West Palm project? Firm pays M for aging waterfront apartment complex 
Business

Is Fort Partners planning a West Palm project? Firm pays $20M for aging waterfront apartment complex 

December 3, 2024December 3, 2024

Luxury developer Fort Partners bought an aging bayfront apartment complex in West Palm Beach for $20 million.  The deal could signal that the firm, which

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Oceana Bal Harbour closing tops Miami-Dade weekly condo sales 
Business

Oceana Bal Harbour closing tops Miami-Dade weekly condo sales 

December 3, 2024December 3, 2024

Miami-Dade County’s condo sales and dollar volume fell over Thanksgiving week. For the second week in a row, an Oceana Bal Harbour closing snagged the

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Naftali launches Viceroy-branded Fort Lauderdale condo project
Business

Naftali launches Viceroy-branded Fort Lauderdale condo project

December 3, 2024December 3, 2024

Naftali Group is launching sales for a Viceroy-branded luxury condo tower in Fort Lauderdale, nearly a year after a neighboring hotel owner sued to stop

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Brickell condo board president ousted after passing M assessment 
Business

Brickell condo board president ousted after passing $21M assessment 

December 2, 2024December 2, 2024

Unit owners at a two-tower condo on Brickell Avenue in Miami voted out their board president following a series of events that included the allegedly

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Simon, Brookfield face tough road ahead for their South Florida zombie malls
Business

Simon, Brookfield face tough road ahead for their South Florida zombie malls

December 2, 2024December 2, 2024

The outlook for owners of two South Florida zombie malls to refinance maturing nine-figure loans next year is pretty grim.  Even with recent interest rate

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Founder of British retail giant Matalan sells pair of waterfront Boca Raton homes M
Business

Founder of British retail giant Matalan sells pair of waterfront Boca Raton homes $23M

December 2, 2024December 2, 2024

John Hargreaves, founder of British retail giant Matalan, sold a pair of adjacent waterfront homes in Boca Raton to his neighbor for $23.4 million.  Records

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Pro baseball player finds buyer for Hialeah Gardens home
Business

Pro baseball player finds buyer for Hialeah Gardens home

December 2, 2024December 2, 2024

Major League Baseball third baseman Yoán Moncada is about to score a home run with the sale of his Hialeah Gardens home, asking $5.5 million. 

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Lease roundup: Inter Miami opens store at Miami International Airport, UBS moving Coral Gables office
Business

Lease roundup: Inter Miami opens store at Miami International Airport, UBS moving Coral Gables office

December 2, 2024December 2, 2024

Inter Miami | Miami International Airport  The Inter Miami Major League Soccer team opened a retail store at Miami International Airport.    Inter Miami leased

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Las Olas Grand closing tops Broward weekly condo sales 
Business

Las Olas Grand closing tops Broward weekly condo sales 

December 2, 2024December 2, 2024

Broward County’s condo sales rose last week, while dollar volume fell. Brokers closed 119 condo sales totaling $34.3 million from Nov. 17th to Nov. 24th.

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At the Hammocks, corrupt board members leaned on family to aid in massive fraud, prosecutors say
Business

At the Hammocks, corrupt board members leaned on family to aid in massive fraud, prosecutors say

December 2, 2024December 2, 2024

In 2020, Hammocks board President Marglli Gallego allegedly suggested that Monica Ghilardi should get paid for her work as the homeowners association’s treasurer.   But

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