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Category: Business

David MacNeil sells another Fort Lauderdale mansion for M
Business

David MacNeil sells another Fort Lauderdale mansion for $26M

May 6, 2026May 6, 2026

David MacNeil, the billionaire founder of the car mats maker WeatherTech, just sold a beachfront Fort Lauderdale mansion –– again.  MacNeil sold the mansion at

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Integra sells bayfront rental complex for 7M in top Miami-Dade deal this year
Business

Integra sells bayfront rental complex for $207M in top Miami-Dade deal this year

May 6, 2026May 6, 2026

RPM Living paid $207 million for a bayfront apartment building and rental townhomes, The Real Deal has learned. It is the biggest known multifamily trade

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Integra sells bayfront rental complex for 7M in top Miami-Dade deal this year
Business

Integra sells bayfront Miami-Dade rental complex for $151M

May 6, 2026May 6, 2026

RPM Living paid $151.4 million for a bayfront apartment building and rental townhomes, The Real Deal has learned. It is one of the biggest known

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Developer Alex Pirez buys waterfront Gables Estates teardown for M
Business

Developer Alex Pirez buys waterfront Gables Estates teardown for $24M

May 6, 2026May 6, 2026

Luxury home developer Alex Pirez paid $24.3 million for a waterfront home in Gables Estates, adding to recent deals in the gated community, The Real

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Brightline’s B debt threatens financial derailment
Business

Brightline’s $2B debt threatens financial derailment

May 6, 2026May 6, 2026

Brightline is narrowing its losses, but the private passenger rail service is hitting a wall of debt that threatens its future.  Outside auditor Ernst &

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Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project
Business

Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project

May 6, 2026May 6, 2026

A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell

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South Florida’s top deals: Grand Peaks offloads Miami apartments for M
Business

South Florida’s top deals: Grand Peaks offloads Miami apartments for $66M

May 6, 2026May 6, 2026

🏆 Residential: Nadim Ashi’s Fort Partners had the top residential deal to hit records. The firm sold another condo at the Seaway at The Surf

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Douglas Durst sells Palm Beach teardown for M
Business

Douglas Durst sells Palm Beach teardown for $15M

May 5, 2026May 5, 2026

Real estate scion Douglas Durst and his wife Susanne Durst sold a teardown in Palm Beach for $14.9 million. Records show the Dursts sold the

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Sedano’s heiress sells Pinecrest estate for M amid South Florida luxury boom
Business

Sedano’s heiress sells Pinecrest estate for $14M amid South Florida luxury boom

May 5, 2026May 5, 2026

An heiress to the Sedano’s Supermarkets fortune sold her Pinecrest estate for $13.4 million, The Real Deal has learned.  Magaly Santana and Ernesto Santana sold

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Bowery pays M for Hammocks apartments amid rise of non-institutional buyers
Business

Bowery pays $66M for Hammocks apartments amid rise of non-institutional buyers

May 5, 2026May 5, 2026

Bowery Properties bought an apartment complex for $65.5 million, as non-institutional investors gain ground in the South Florida multifamily market.  Miami-based Bowery bought the 264-unit

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