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Category: Business

Alliance HP’s downtown Fort Lauderdale office tower faces foreclosure
Business

Alliance HP’s downtown Fort Lauderdale office tower faces foreclosure

August 23, 2024August 23, 2024

Alliance HP could lose a downtown Fort Lauderdale office tower to foreclosure. An affiliate of Atlanta-based lender Trimont on Tuesday filed a foreclosure complaint in

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South Florida resi sales dollar volume, single-family prices rise in July 
Business

South Florida resi sales dollar volume, single-family prices rise in July 

August 23, 2024August 23, 2024

South Florida’s total residential sales dollar volume rose in July, as single-family home prices continued their upward trajectory. Dollar volume reached $5 billion last month,

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Blue Suede nabs M loan to update two Miami Beach hotels and apartment building
Business

Blue Suede nabs $27M loan to update two Miami Beach hotels and apartment building

August 23, 2024August 23, 2024

Blue Suede Hospitality Group landed a $27 million loan to refurbish two Miami Beach hotels and an apartment building undergoing renovations. Franklin BSP Realty Trust,

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South Florida by the numbers: Here comes the money (Part II)
Business

South Florida by the numbers: Here comes the money (Part II)

August 23, 2024August 23, 2024

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  Back in 2021, South Florida

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Yakov Cohen adds Aventura big box store to North Miami-Dade holdings
Business

Yakov Cohen adds Aventura big box store to North Miami-Dade holdings

August 23, 2024August 23, 2024

Yakov Cohen expanded his holdings in northeast Miami-Dade County after paying $17.7 million for an Aventura big box store. An entity managed by Cohen and

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Personal injury attorneys drop M on Estates at Acqualina condo
Business

Personal injury attorneys drop $17M on Estates at Acqualina condo

August 22, 2024August 22, 2024

Personal injury attorneys Gregory Ward and Jany Martinez Ward dropped $16.6 million on a unit at Estates at Acqualina in Sunny Isles Beach. Records show

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Tribune parent’s real estate arm expands West Palm Beach industrial portfolio
Business

Tribune parent’s real estate arm expands West Palm Beach industrial portfolio

August 22, 2024August 22, 2024

Twenty Lake Holdings, a subsidiary of Tribune Publishing owner Alden Global Capital, is expanding its industrial portfolio in West Palm Beach.  An affiliate of Stamford,

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Buyers sue developer of long delayed Mandarin Oriental Boca Raton
Business

Buyers sue developer of long delayed Mandarin Oriental Boca Raton

August 22, 2024August 22, 2024

Frank and Nancy Scala signed a contract for a condo at Mandarin Oriental in Boca Raton, and expected to close on their unit in June

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Meta Development launches sales for boutique Coconut Grove condos
Business

Meta Development launches sales for boutique Coconut Grove condos

August 22, 2024August 22, 2024

Meta Development launched sales for a boutique Kobi Karp-designed condo project in Coconut Grove, with prices starting at $2.5 million.  Meta, a joint venture between

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Dan Kodsi reworks plans for Miami resi tower, seeks density boost 
Business

Dan Kodsi reworks plans for Miami resi tower, seeks density boost 

August 22, 2024August 22, 2024

Dan Kodsi’s Royal Palm Companies is reworking plans for a residential tower in Miami’s Arts & Entertainment District.  When Kodsi and his former partner, Rafael

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