Condo sales have dropped. Inventory is up. While single-family homes have cemented themselves as prized possessions, demand for condos has weakened across most of South
Category: Business
West Palm Beach board approves BH, Related’s Ritz-Carlton Residences project
BH Group and Related Group, two of the most prolific development partners in South Florida, can move forward with the first branded luxury condo project
FPL drops $60M for 350 acres in south Miami-Dade. Could a solar farm be in store?
Florida Power & Light bought nearly 350 acres of land in south Miami-Dade County near a solar panel facility owned by the energy company. Juno
Palm Beach County to vote on Vanderbilt campus
Palm Beach County is slated to vote on Vanderbilt University’s proposal for a $520 million graduate school campus. The Board of County Commissioners will consider
French Montana buyer of oceanfront Golden Beach home
French Montana is the buyer of an oceanfront Golden Beach home that recently sold for $22 million, The Real Deal has learned. The Moroccan-American rapper,
La Cascade and Tiffany House tie for priciest Broward weekly condo sale
Broward County’s condo sales, dollar volume, and price per square foot fell last week. Two closings tied for the top spot. Brokers closed 70 condo
Race to the top: Developer proposes 1,000-foot-plus mixed-use Brickell supertall
Walter Defortuna, brother of Miami developer and broker Edgardo Defortuna, is proposing a 1,010-foot tall mixed-use tower in Brickell. The plan is the latest in
BH, Related add West Palm Beach dev site to growing portfolio Tristan Simon
BH Group and Related Group snatched up another development site, paying $34 million for a waterfront lot in West Palm Beach nearby another project the
Waste management boss buys $20M spec mansion in Boca Raton’s priciest neighborhood
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
Condo sales tumble across South Florida in the third quarter
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