South Florida’s residential market took a nosedive in September, with sales and dollar volume dropping throughout the tri-county region. Total dollar volume dropped 16
Category: Business
Lowenstein family’s Lionstone buys Pearl condo dev site in Palm Beach Shores
The Lowenstein family’s Lionstone Development bought the site for a planned condo project in Palm Beach Shores. Records show a Lionstone affiliate bought the site
Sabbia Beach closing tops Broward weekly condo sales
Broward County’s condo sales, dollar volume and price per square foot rose last week. Brokers closed 111 condo sales totaling $33.5 million from Oct. 13th
Billionaire biopharma CEO buys Brickell penthouse for record $33M
The billionaire CEO of Summit Pharmaceuticals and his partner/co-CEO paid $33 million for a penthouse in Brickell, marking a price record for condo sales in
Tate proposes 348-unit apartment project on its North Miami HQ site, as redevelopment in city’s western side ramps up
Tate Capital proposes a 348-unit apartment project in North Miami, as redevelopment plans for the long-overlooked western side of the city ramp up. The firm,
Melo submits $35M stalking horse bid for 16-acre former trailer park in El Portal
Melo Group could expand its development pipeline into El Portal after placing a $35 million stalking horse bid for 16 acres along Biscayne Boulevard. An
Sing us a song tonight: Billy Joel sells oceanfront Manalapan mansion for $43M
The Piano Man finally found a buyer for one of his oceanfront homes. Billy Joel sold his oceanfront Manalapan mansion for $42.6 million, after listing
Silverstone sells Palm Beach County senior living facility for $24M in deed in lieu of foreclosure deal
Silverstone sold a senior living facility in Palm Beach County for $23.5 million, as part of a three-way deed in lieu of foreclosure deal. The
Alan Faena heads to the Miami River: Fortune, KAR to launch Faena-branded condos
Developers Edgardo Defortuna and Shahab Karmely plan a Faena District along the Miami River, The Real Deal has learned. Defortuna’s Fortune International Group and Karmely’s
Boca Beach closing tops Palm Beach weekly condo sales
Palm Beach County’s condo sales rose last week, while dollar volume fell. Brokers closed 78 condo sales totaling $43.1 million from Oct. 13th to Oct.