Spec developers Reuven and Iris Herssein sold their waterfront mansion in Surfside for a record $19.8 million, The Real Deal has learned. The Hersseins sold
Category: Business
Omega scores $103M refi, bridge loan for North Miami apartment project, as South Florida financing flows
A developer scored a $103 million loan for a nearly finished apartment project in North Miami, marking a continuing surge in South Florida lending. Omega
Excelsior closing tops Palm Beach County weekly condo sales
Palm Beach County’s condo sales and dollar volume slipped last week, while the average sale price rose. Brokers closed 67 condo sales totaling $39.7 million
As Palm Beach’s high season approaches, agents anticipate a busy luxury market
With the dog days of summer in the rearview mirror, Palm Beach’s busy season is fast approaching, and real estate agents are getting ready.
Cleared for landing: Patrick Bet-David pays $25M for Broward office building and airplane hangar
Patrick Bet-David and partners are ready for takeoff after paying $25 million for a Fort Lauderdale office building and airplane hangar An entity managed by
Romero Britto buys his art studio in Miami’s Little River
Brazilian artist and sculptor Romero Britto purchased his biggest gallery piece, his company’s headquarters. Britto paid $11.8 million for the 58,000-square-foot art studio at 795
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JV buys Delray Beach hotel for $58M, amid resurgence of hospitality investment sales
A joint venture scooped up the Ray Hotel Delray Beach, Curio Collection by Hilton for $57.7 million, marking a resurgence of hospitality investment sales. Tmgoc
Sienna Motors expands in Pompano Beach, buys shuttered dealership for $22M
Sienna Motors is expanding in Pompano Beach, acquiring a shuttered dealership less than a block away from its existing auto sales site for $21.9 million.
57 Ocean closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales rose last week, while dollar volume and price per square foot fell. Brokers closed 134 condo sales totaling $91.8 million from