A Dubai-based buyer spent an even $15 million on a waterfront Hibiscus Island teardown in Miami Beach. Records show Tina Simcox sold her late parents’
Category: Business
Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market
As Hurricane Helene churned toward Florida, property owners and insurers braced for the impact from another devastating and costly storm. The Category 3 hurricane, which
Baptist Health wins approval for 100-bed hospital in Sunrise
Baptist Health South Florida won approval for a seven-story, 100-bed hospital in Sunrise — a city with a population of about 90,000 but no hospital.
Trust linked to billionaire Michael Latifi drops $26M on Estates at Acqualina PH
A trust linked to Iranian-Canadian billionaire Michael Latifi bought an Estates at Acqualina penthouse for $26 million. Records show the Mialla Trust bought unit PH-02
Galium Capital snags Sunrise office building at deep discount, paying $17M
In a sign that office properties in South Florida suburbs are bargain deals, Galium Capital acquired a five-story building in Sunrise for $17 million, roughly
Beach Club II closing tops Broward weekly condo sales
Broward County’s condo sales, dollar volume and price per square foot rose last week. Brokers closed 73 condo sales totaling $20.19 million from Sept. 15th
Foodmageddon: South Florida restaurant landlords experiencing record tenant turnover
Goat Hospitality Group is giving up on its Miami taco stand. The Miami-based food and beverage firm recently put on the market its lease for
Sunrise OKs density boost for massive Metropica project
Developer Joseph Kavana secured initial approval from Sunrise commissioners this week to increase the density of his long-planned, phased, mixed-use development called Metropica. The 65-acre
CS Ventures buys Worth Avenue luxury storefronts for $30M
Spencer Schlager and Charles Rosenberg’s CS Ventures bought six Worth Avenue luxury storefronts for $30.3 million. The investment firm bought the 8,500-square-foot retail building at
Spec developer sells waterfront North Bay Road mansion for $23M
Spec developer Francisco Perez sold a waterfront North Bay Road mansion in Miami Beach for $23.3 million after a trio of price cuts this year.