Two years after splashing into South Florida to buy multifamily properties, Dermot Company added a Wellington apartment complex for $144.2 million. An affiliate of Dermot,
Category: Business
Late Wingate founder’s Palm Beach estate sells at steep discount for $43M
The Palm Beach home of late developer Jerry Schuster and his wife, Elaine Schuster, sold for $42.5 million, a steep discount from its $62.9 million
Andrew Korge makes $28M offer for Location Ventures Coconut Grove dev site
Andrew Korge is aiming to drop $28.2 million for a former Rishi Kapoor development site in Coconut Grove that ignited the embattled developer’s legal troubles.
Supermodel Elle Macpherson sells Coral Gables mansion for nearly $19M
Supermodel Elle Macpherson sold her mansion in Coral Gables for $18.5 million. Bumda Trust, a hidden trust managed by an attorney, acquired the 8,935-square-foot, six-bedroom
Construction moguls sell Palm Beach condo for record $16M
Construction moguls Rod and Gregory Oneglia sold their condo in Palm Beach’s Kirkland House for $15.7 million, marking a price record for the building. Records
Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales, dollar volume and price per square foot fell last week, as an $8.4 million closing topped the list. Brokers closed 120
South Florida by the numbers: Luxury looms large
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. While most of South Florida’s
Benderson bulks up South Florida retail portfolio with $84M Midtown Miami purchase
Benderson Development added a third South Florida retail property to its national portfolio, acquiring a big box center in Midtown Miami for $83.7 million. An
Anywhere acquires 48-agent brokerage in Jupiter
Brokerage giant Anywhere Real Estate acquired a 48-agent firm based in Jupiter, The Real Deal has learned. The Jupiter brokerage, Home Sales Palm Beach (HSPB),
David and Victoria Beckhams’ pending Miami Beach home purchase tops signed contracts
David and Victoria Beckham’s pending purchase of a waterfront Miami Beach estate asking $80 million topped last week’s signed contracts report. The celebrity couple are