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Category: Business

Poof! Judge dismisses foreclosure lawsuit against Masoud Shojaee 
Business

Poof! Judge dismisses foreclosure lawsuit against Masoud Shojaee 

February 6, 2025February 6, 2025

In one of the shortest lived foreclosure actions, City National Bank of Florida resolved a loan dispute with developer Masoud Shojaee in less than a

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Dealership expanding? Craig Zinn Automotive pays M for Hollywood church site near its Toyota sales centers
Business

Dealership expanding? Craig Zinn Automotive pays $15M for Hollywood church site near its Toyota sales centers

February 6, 2025February 6, 2025

Craig Zinn Automotive Group paid $14.5 million for a Hollywood church building that’s near its existing Toyota dealerships.  The Hollywood-based auto dealer, led by CEO

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Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 
Business

Developer files for bankruptcy over North Miami Beach apartment tower dev site, amid dispute with lender 

February 6, 2025February 6, 2025

Developer Celal Ozkan filed for bankruptcy on his North Miami Beach development site for a 341-unit apartment tower, marking the latest in his nearly yearlong

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The Palms closing tops Broward weekly condo sales 
Business

The Palms closing tops Broward weekly condo sales 

February 6, 2025February 6, 2025

Broward County’s condo sales and dollar volume rose last week. Brokers closed 118 condo sales totaling $50.1 million from Jan. 26 to Feb. 2. The

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Gils tap Chad Carroll to lead sales for luxury single-family community near Delray Beach
Business

Gils tap Chad Carroll to lead sales for luxury single-family community near Delray Beach

February 5, 2025February 5, 2025

Developers Yosi and Guy Gil tapped Compass agent Chad Carroll to lead sales for their planned 20-single-family home luxury project near Delray Beach. The Gils’

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Dead deal: Related Urban cancels mixed-use project at former Homestead city hall
Business

Dead deal: Related Urban cancels mixed-use project at former Homestead city hall

February 5, 2025February 5, 2025

After nearly four years of negotiations, Related Urban is backing out of a pending deal to partner with the city of Homestead on a major

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Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of 0M
Business

Kolter Group, BH list oceanfront Miami Beach condo dev site with whisper price of $110M

February 5, 2025February 5, 2025

A joint venture between Kolter Group and BH Group is looking to sell an oceanfront development site in Miami Beach for a big profit.  Delray

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Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues
Business

Lennar proposes 192 single-family homes, as south Miami-Dade development rush continues

February 5, 2025February 5, 2025

Lennar proposes 192 single-family homes in two projects in south Miami-Dade County, as developers continue to target the area.  Miami-based Lennar wants to develop Rodan

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Resi roundup: NFL star Jeremy Shockey buys Bay Point home
Business

Resi roundup: NFL star Jeremy Shockey buys Bay Point home

February 5, 2025February 5, 2025

In the latest roundup of South Florida luxury residential deals, a former football star bought a home in Miami. Deals spanned Miami to Palm Beach,

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Sloans Curve closing tops Palm Beach County weekly condo sales 
Business

Sloans Curve closing tops Palm Beach County weekly condo sales 

February 5, 2025February 5, 2025

Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 89 condo sales totaling $61.3 million from Jan. 26 to Feb. 2.

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