Billionaire Quogue Capital founder Wayne Rothbaum sold a second oceanfront lot in Delray Beach for $22 million, bringing his total sale to $44 million in
Category: Business
Homestead approves 80-year lease for $275M sports-themed mixed-use project
A consortium that includes retired Latin American sports stars landed an 80-year ground lease to develop a $275 million sports-themed mixed-use project in Homestead. Last
Ritz-Carlton developers moving forward with Lincoln Road streetscape plan
The developers of Ritz-Carlton Residences, South Beach are moving forward with plans to revamp a portion of Lincoln Road. Miami Beach commissioners approved a resolution
Billionaire Nelson Peltz takes out $69M mortgage on oceanfront Palm Beach estate
Billionaire investor Nelson Peltz and his wife, Claudia, took out a $68.5 million mortgage on their oceanfront Palm Beach estate known as Montsorrel. Records show
Palm Beach County condo sales surge to $37M
Palm Beach County’s condo sales and dollar volume surged last week. Brokers closed 94 condo sales totaling $37.1 million from July 28 to Aug. 3.
Dubai hospitality firm buys Brickell City Centre dev site for $45M
Dubai-based hospitality firm Kerzner International bought a Brickell City Centre development site for $45 million. The deal marks Swire Properties’ continued divestment of Brickell City
Investment banker sells waterfront Key Biscayne home for $32M
Latin American investment banker Daniel Canel and his wife, Silvia Estela, sold their waterfront Key Biscayne home for $31.8 million. The sale marks one of
East Capital JV sells Hialeah warehouse, Homestead acreage for $53M
East Capital Partners and Vlietco Enterprises sold a recently completed Hialeah warehouse and 15 undeveloped acres near Homestead for $52.8 million. An affiliate of Martinez
Integra offers $21M stalking horse bid for distressed Pembroke Pines condo complex
Integra Real Estate offered $20.5 million for a sprawling Pembroke Pines condo complex in receivership, setting the floor price for an upcoming auction of the
$12M Boca Raton spec mansion tops signed contracts
A waterfront spec mansion in Boca Raton asking $12 million was the most expensive listing to find a buyer in Palm Beach County last week.