Lennar paid $54 million for 172 homesites at a planned mixed-use project in Wellington, marking the homebuilder’s continued residential investment. Miami-based Lennar bought the nearly
Category: Business
Azure closing tops Palm Beach County weekly condo sales
Palm Beach County’s sales and dollar volume rose last week. Brokers closed 123 condo sales totaling $54.7 million from Sept. 29th to Oct. 6th. The
Ares cements top ranking for pricey purchases in South Florida, paying $147M for Miami Lakes industrial complex
Ares Management paid $147 million for a recently completed Miami Lakes warehouse complex, notching the biggest industrial purchase so far this year. It’s also the
MG Developer, Prosper pay $31M for North Bay Village condo dev site
MG Developer teamed up with Prosper Group to acquire a waterfront condo development site in North Bay Village for $30.9 million, The Real Deal has
Bluenest buys Homestead site for 219 townhouses, as south Miami-Dade resi development keeps surging
Bluenest Development bought a Homestead site with plans for 219 townhouses, as residential construction in south Miami-Dade County continues to surge. The Miami-based firm scooped
East Capital’s Miami-Dade industrial buying binge continues with $48M purchase near Aventura
East Capital Partners is amassing industrial properties in Miami-Dade County, buying its third warehouse complex this year. An affiliate of Darien, Connecticut-based East Capital, led
Oil heiress sells Manalapan mansion for $16M, as tony enclave heats up
Oil heiress Jean Christine Thompson sold an oceanfront estate in Manalapan for $15.6 million, as luxury activity picks up in the tony enclave. Thompson’s Dos
Murano at Portofino closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales dollar volume dropped last week, as a closing at Murano at Portofino in Miami Beach led the way. Brokers closed 120
Damage from hurricanes Helene, Milton could top $200B
As Florida’s Tampa Bay region braces for Hurricane Milton to make landfall on Wednesday, many in the storm’s path are still reeling from Hurricane Helene’s
Elliott completes Brickell office tower purchase for $443M, solidifying the hedge fund’s position as major South Florida player
Paul Singer’s Elliott Investment Management completed its purchase of a Brickell office tower for $443 million. The deal, billed as the second largest office deal