Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 114 condo sales totaling $50.2 million from Oct. 27th to Nov. 3rd.
Category: Business
Big plans, little construction: Mapping South Florida's long-delayed megaprojects
Nearly a decade ago, the Ghermezian family unveiled plans for an ambitious project: American Dream Miami. The Ghermezians’ Triple Five Group, owners of American Dream
Cervera parts ways with Harvey Hernandez on Natiivo Fort Lauderdale
Cervera Real Estate is parting ways with Natiivo Fort Lauderdale, months after launching sales of the condo project, The Real Deal has learned. Harvey Hernandez’s
Walton Street picks up Sunrise warehouse for $19M, as pockets of South Florida’s industrial market soften
Walton Street Capital bought a warehouse in Sunrise for $18.5 million. The Chicago-based firm scooped up the 77,600-square-foot building at 4701 Northwest 103rd Avenue from
OceanLand scores $96M construction loan for Sixth&Rio Fort Lauderdale condos
OceanLand Investments scored a $96 million construction loan for its planned Sixth&Rio condo project in Fort Lauderdale. The Fort Lauderdale-based developer landed financing from Invictus
AW Property scoops up pair of Jupiter medical office buildings for $18M
AW Property scooped up a pair of medical office buildings in Jupiter for $17.8 million, combined. In the bigger deal, Healthcare Realty Trust sold the
Jade Signature closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume rose last week. Brokers closed 120 condo sales totaling $92.5 million from Oct. 27th to Nov. 3rd. The
Late developer Sergio Pino’s Miami apartment building faces $45M foreclosure
A Miami apartment building developed by the late Sergio Pino is facing a $45.4 million foreclosure suit. Pino, a prominent South Florida real estate figure
Bowery Properties boss buys last piece of La Gorce Island assemblage for $22M
A multifamily investor bought the last piece of the late Dr. M. Lee Pearce’s La Gorce Island assemblage for $22.1 million, two months after Ideavillage
Automotive exec scores buyer for $18M waterfront Miami Beach home
An automotive executive and his wife found a buyer for their waterfront Miami Beach home asking $18.1 million, which topped last week’s signed contracts report.