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Category: Business

Miami Beach investor Fred Karlton and partner won nearly M foreclosure judgment for Miami office building 
Business

Miami Beach investor Fred Karlton and partner won nearly $9M foreclosure judgment for Miami office building 

November 18, 2024November 18, 2024

Miami Beach investor Fred Karlton and his partner, Beneficial Funding Corp., secured an $8.7 million foreclosure judgment against the owner of an office building near

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Waterfront mansion asking nearly M tops signed contracts 
Business

Waterfront mansion asking nearly $18M tops signed contracts 

November 18, 2024November 18, 2024

The pending sale of a waterfront mansion in Golden Beach asking $17.7 million topped last week’s signed contracts report in Miami-Dade County.  The seven-bedroom, nine-bathroom

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Chetrit avoids foreclosure of Hollywood, Pompano Beach projects
Business

Chetrit avoids foreclosure of Hollywood, Pompano Beach projects

November 18, 2024November 18, 2024

Joe and Jacob Chetrit refinanced their massive Hollywood Beach and Pompano Beach projects, staving off a foreclosure attempt by Madison Realty Capital. Madison had launched

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Branded boom carries on: Two-tower Armani/Casa condo project planned in Pompano Beach
Business

Branded boom carries on: Two-tower Armani/Casa condo project planned in Pompano Beach

November 18, 2024November 18, 2024

A group of developers plans to build Armani/Casa Residences Pompano Beach, marking the second South Florida condo project for the luxury Italian furnishings company amid

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Lease roundup: Consultancy moving HQ from Las Vegas to Miami, Northbridge Centre now 95% leased
Business

Lease roundup: Consultancy moving HQ from Las Vegas to Miami, Northbridge Centre now 95% leased

November 18, 2024November 18, 2024

Boge Group | Miami River District  A consulting firm specializing in helping clients obtain low-interest financing will move its headquarters to River Landing Shops &

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Movers & Shakers: Adriana Hernandez joins Coldwell Banker’s Jills Zeder Group
Business

Movers & Shakers: Adriana Hernandez joins Coldwell Banker’s Jills Zeder Group

November 18, 2024November 18, 2024

In the latest roundup of South Florida real estate hiring news, firms and brokerages expanded their ranks with new roles.  Adriana Hernandez joined the Jills

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Aldar launches Bjarke Ingels-designed Mandarin Oriental Residences in Abu Dhabi
Business

Aldar launches Bjarke Ingels-designed Mandarin Oriental Residences in Abu Dhabi

November 17, 2024November 17, 2024

Emerati developer Aldar is launching sales for its planned Mandarin Oriental Residences in Abu Dhabi, the latest project in a global swell of branded luxury

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Boca Raton HOA sues GL Homes over alleged construction defects at 504-unit single-family development
Business

Boca Raton HOA sues GL Homes over alleged construction defects at 504-unit single-family development

November 15, 2024November 16, 2024

GL Homes is facing allegations of shoddy construction work on common area facilities at a Boca Raton residential community . The homeowners association for Boca

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“It’s a canvas”: Kenneth Himmel digs into Related Ross’ West Palm Beach bet
Business

“It’s a canvas”: Kenneth Himmel digs into Related Ross’ West Palm Beach bet

November 15, 2024November 15, 2024

Most South Florida octogenarians plan to wind down in the region long known as a playground for retirees.  Not Steve Ross.  The 84-year-old Ross, who

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SEC agrees to settle fraud lawsuit against Rishi Kapoor
Business

SEC agrees to settle fraud lawsuit against Rishi Kapoor

November 15, 2024November 15, 2024

The U.S. Securities and Exchange Commission is calling a truce in its civil case against disgraced developer Rishi Kapoor. In a motion filed by SEC

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