The scion of a family known for its Latin food fortune sold a waterfront lot in Coral Gables’ Gables Estates for $18.5 million. Records show
Category: Business
Galbut family pays off $213M construction loan for downtown Miami tower, amid unit closings
An affiliate of Galbut Family Office paid off the $213.4 million construction for the Gale Hotel & Residences project in downtown Miami. Bank OZK provided
Vanderbilt wants to build a $520M West Palm Beach campus
Vanderbilt University pitched county leaders on a $520 million campus in downtown West Palm Beach. The Nashville-based “Southern Ivy” officially presented its vision for a
Palm Beach, Secret Service reach agreement on Mar-a-Lago road closure
One month after the U.S. Secret Service instituted a round-the-clock closure of South Ocean Boulevard in Palm Beach, the agency and the town have reached
Miami International Mall’s market value plummets to $159M
Simon Property Group’s Miami International Mall is in precipitous condition. The struggling indoor retail center ‘s current market value nosedived to $159 million, compared to
Grove at Grand Bay closing tops Miami-Dade weekly condo sales
Miami-Dade County’s sales volume rose last week, while dollar volume and price per square foot fell. Brokers closed 110 condo sales totaling $76.4 million from
Lynd considers $9M capital call to investors for Miami Gardens rental complex
Multifamily investor Lynd is considering asking its investors in a Miami Gardens apartment complex to pony up additional capital, as skyrocketing insurance premiums and other
Lender wins final foreclosure judgment for Caroline Weiss’ Blue Lagoon dev site
Caroline Weiss is on track to lose a waterfront Blue Lagoon development site at the center of a bitter legal fight with her eldest daughter.
Ben-Josef family proposes 561-unit rental project near North Miami, amid record South Florida multifamily construction pipeline
The Ben-Josef family, owners of the Sagamore Hotel South Beach, propose a 561-unit apartment building near North Miami. Their plan comes as South Florida is
Luxe resi contracts reach $164M last week in Miami-Dade, led by Surfside deal
Buyers signed contracts for 18 luxury properties last week in Miami-Dade County, a sign that the slow summer season may be coming to a close.