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Category: Business

Raanan Katz’s Miami Sears site planned for 1,050-unit Live Local Act project hits market for over 0M 
Business

Raanan Katz’s Miami Sears site planned for 1,050-unit Live Local Act project hits market for over $100M 

May 7, 2025May 7, 2025

After supersizing the development potential of a Sears site in Miami, Miami Heat minority owner Raanan Katz’s firm is listing the property for sale with

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Mizner Grand closing tops Palm Beach County weekly condo sales
Business

Mizner Grand closing tops Palm Beach County weekly condo sales

May 7, 2025May 7, 2025

Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 194 condo sales totaling $96 million from April 27 to May 4.

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ECN Capital’s Steven Hudson sells Palm Beach townhouse for M
Business

ECN Capital’s Steven Hudson sells Palm Beach townhouse for $17M

May 6, 2025May 6, 2025

Financier Steven Hudson sold a townhouse in Palm Beach for $16.5 million, two years after buying it for $14.4 million. Records show the buyer of

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El-Ad pays M for North Bay Village dev site planned for 22-story resi tower
Business

El-Ad pays $20M for North Bay Village dev site planned for 22-story resi tower

May 6, 2025May 6, 2025

El-Ad National Properties paid $20 million for a development site in North Bay Village planned for a 22-story residential tower.  Boca Raton-based El-Ad, a division

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Coco family office jumps into West Palm Beach with M acquisition
Business

Coco family office jumps into West Palm Beach with $46M acquisition

May 6, 2025May 6, 2025

Coco Group is stepping into the downtown West Palm Beach commercial market with a $45.7 million purchase. An entity managed by Wesley Diong, CFO for

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Federal Realty proposes 308-unit apartment complex at Shops at Pembroke Gardens
Business

Federal Realty proposes 308-unit apartment complex at Shops at Pembroke Gardens

May 6, 2025May 6, 2025

Federal Realty Investment Trust proposes a 308-unit apartment project on a portion of its Shops at Pembroke Gardens.  The North Bethesda, Maryland-based firm wants to

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Scott Robins, Philip Levine list Wynwood shovel-ready dev site for M
Business

Scott Robins, Philip Levine list Wynwood shovel-ready dev site for $26M

May 6, 2025May 6, 2025

Scott Robins and Philip Levine are looking to sell a shovel-ready Wynwood development site approved for a mixed-use project. The Miami Beach-based partners are seeking

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Five Park closing tops Miami-Dade weekly condo sales 
Business

Five Park closing tops Miami-Dade weekly condo sales 

May 6, 2025May 6, 2025

Miami-Dade County’s condo sales and dollar volume rose last week.  Brokers closed 157 condo sales totaling $136.9 million from April 27 to May 4. The

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Prosper, Forte submit plans for 80-story mixed-use Brickell condo tower
Business

Prosper, Forte submit plans for 80-story mixed-use Brickell condo tower

May 5, 2025May 5, 2025

Jay Roberts’ Prosper Group is teaming up with Forte Development on a proposed 80-story mixed-use condo tower in Miami’s Brickell, The Real Deal has learned. 

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Chicago developer sells waterfront Fort Lauderdale house for M
Business

Chicago developer sells waterfront Fort Lauderdale house for $19M

May 5, 2025May 5, 2025

Developer Nicholas Stratigakes, CEO of Chicago-based Atwater Group, sold his waterfront Fort Lauderdale home for $19 million. Records show Stratigakes sold the house at 2519

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