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Category: Business

Sotheby’s agent Betsy Sorrel sells Palm Beach home for M
Business

Sotheby’s agent Betsy Sorrel sells Palm Beach home for $16M

January 13, 2025January 13, 2025

Real estate agent and investor Betsy Sorrel sold a renovated Palm Beach home for $15.9 million. Records show Sorrel sold the house at 245 Barton

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Daniel de la Vega’s wife sentenced to probation in crash that killed UM student
Business

Daniel de la Vega’s wife sentenced to probation in crash that killed UM student

January 13, 2025January 13, 2025

Veronica Bilbao de la Vega, the wife of One Sotheby’s International Realty President Daniel de la Vega, was sentenced to probation in the crash that

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Lease roundup: Attorney referral provider moving HQ to Coral Gables, La Mar by Gastón Acurio finds new Brickell home
Business

Lease roundup: Attorney referral provider moving HQ to Coral Gables, La Mar by Gastón Acurio finds new Brickell home

January 13, 2025January 13, 2025

The No-Fault Group | Coral Gables  An attorney referral service firm will move its headquarters to Coral Gables.  The No-Fault Group, which connects people with

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Movers & Shakers: BH3 taps Adam Falk as principal, co-portfolio manager
Business

Movers & Shakers: BH3 taps Adam Falk as principal, co-portfolio manager

January 13, 2025January 13, 2025

In the latest roundup of hiring news, South Florida real estate players proclaimed: new year, new job.  BH3 Management tapped Adam Falk as principal and

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The Weekly Dirt: Alexander brothers’ case captures the public eye
Business

The Weekly Dirt: Alexander brothers’ case captures the public eye

January 12, 2025January 12, 2025

The Alexander brothers’ story has become so public they were parodied at the King Mango Strut Parade, an annual event held in Miami’s Coconut Grove. 

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Map: A look at CGI Merchant’s unraveling real estate investments amid mounting debt woes
Business

Map: A look at CGI Merchant’s unraveling real estate investments amid mounting debt woes

January 10, 2025January 10, 2025

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl. Not pictured: Waldorf Astoria Washington DC, On Aug. 5, BDT & MSD

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Univista Insurance mogul Ivan Herrera launches commercial development family office
Business

Univista Insurance mogul Ivan Herrera launches commercial development family office

January 10, 2025January 10, 2025

Insurance king Ivan Herrera is jumping into commercial real estate development after partially selling his Univista empire for $700 million, The Real Deal has learned. 

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Entity tied to Kayne Anderson boss buys Palm Beach house for M
Business

Entity tied to Kayne Anderson boss buys Palm Beach house for $18M

January 10, 2025January 10, 2025

An entity linked to Kayne Anderson CEO, Al Rabil, bought a Palm Beach house for $17.6 million in an off-market deal.  The home is adjacent

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Insurer lands approval for 287 rentals in Boca Raton, after year of record multifamily construction
Business

Insurer lands approval for 287 rentals in Boca Raton, after year of record multifamily construction

January 10, 2025January 10, 2025

A developer landed preliminary approval for a 287-unit apartment project at the Park at Broken Sound in Boca Raton, following a year of record apartment

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Developers add 17 condos to planned hotel on Las Olas in Fort Lauderdale
Business

Developers add 17 condos to planned hotel on Las Olas in Fort Lauderdale

January 10, 2025January 10, 2025

What began as a mid-size hotel development on East Las Olas Boulevard in Fort Lauderdale has morphed into plans for the Whitfield, a boutique hotel

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