Kolter Group scooped up an asphalt paving business’s headquarters in Delray Beach for $21.9 million as a potential development site. Delray Beach-based Kolter bought the
Category: Business
Ex-Miami commissioner Alex Diaz de la Portilla faces new lawsuit alleging marina shakedown
Lobbyist Manuel Prieguez relaunched his legal offensive against former Miami commissioner Alex Diaz de la Portilla, filing an amended lawsuit over an alleged shakedown involving
Lennar, BH drop $18M on shuttered Aventura area golf course to develop homes
Lennar and BH Group dropped $17.5 million on a shuttered 104.3-acre golf course near Aventura, to redevelop with single-family homes. The partnership plans to tear
Habitat, partner plan condo-hotel project in Brickell after paying $15M for dev site
Habitat Group is partnering with a Central Asian firm entering the U.S. market to build a condo-hotel on a Brickell development site acquired for $14.8
Galbut family completes short-term rental-friendly Gale tower in Miami, closings underway
The Galbut family completed Gale Miami Hotel & Residences, a short-term rental condominium and hotel tower in downtown Miami. An affiliate of GFO Investments, led
Construction loans keep flowing: Newrock, Brickbox land $60M to build 165-unit Oakland Park rental project
Newrock Partners and Brickbox Development landed a $60 million loan to build apartments in Oakland Park, as South Florida continues to defy a financing slowdown
Here’s why luxury sales are booming in Boca Raton’s most expensive neighborhood
It’s been a busy year for luxury real estate sales at Royal Palm Yacht & Country Club. The gated golf community is Boca Raton’s most
Investors scoop up dev site near Pompano Beach casino for $29M, amid near record South Florida multifamily pipeline
Atlantic Residential and Northwestern Mutual Life Insurance scooped up a development site for $29.1 million, to build apartments near Harrah’s Pompano Beach Casino. Their purchase
830 Brickell office tower lands $565M perm loan, among South Florida’s biggest refinancings ever
The office tower 830 Brickell scored a $565 million loan from an Elliott Investment Management-backed lender, marking one of South Florida’s biggest refinancings ever. Vlad
South Florida resi sales, dollar volume tumble in June
Residential sales and dollar volume dropped across South Florida in June. Price growth is persisting in the tri-county region, according to data collected by the