Sergio Pino’s widow and his brother sat on opposite sides of a downtown Miami courtroom as their attorneys argued over who should oversee the late
Category: Business
Naftali scores $35M loan for planned Miami Worldcenter high-rise
Naftali Group secured a $35 million pre-development loan for its mixed-use condo and rental tower at Miami Worldcenter. The New York-based developer obtained the financing
Billionaire Bill Malhotra plans 220-room hotel in Pompano Beach
Claridge Homes, a Canadian real estate development company led by billionaire Bill Malhotra, plans to build a 15-story, 220-room Courtyard by Marriott hotel near the
Bessemer Trust sells Palm Beach building for $19M, opting for newer digs
Bessemer Trust sold a Palm Beach office building for $18.7 million to a mystery buyer. New York-based Bessemer, a private wealth management firm, sold the
Price revealed: Billionaire Larry Ellison dropped $277M for Eau Palm Beach Resort in Manalapan
Billionaire Larry Ellison dropped $277.4 million for the 310-unit oceanfront Eau Palm Beach Resort & Spa in Manalapan. Ellison, a co-founder of software company Oracle,
Location Ventures’ court-appointed receiver sells incomplete Coconut Grove spec home for $18M
The court-appointed receiver managing defunct Location Ventures’ assets sold an unfinished Coconut Grove spec mansion for $17.5 million after fighting off a lender’s attempt to
Developer lands $85M construction loan for Hallandale Beach condo tower, as South Florida financing defies nationwide slump
Developer Giuseppe Iadisernia scored an $85 million construction loan for a 250-unit Hallandale Beach condo tower. The deal comes as South Florida construction lending continues
“A lot of square footage”: Six office buildings are on tap in Miami Beach. Will all get leased?
As South Florida became a magnet for out-of-state companies in the past four years, Miami Beach emerged as a budding office market. The city landed
Turnberry Ocean Club closing tops Miami-Dade weekly condo sales
Miami-Dade County’s condo sales and dollar volume tumbled last week, but the average sale price and price per square foot rose. Brokers closed 92 condo
South Florida submarkets see rent declines, amid hefty new apartment supply
Across South Florida, some municipalities are experiencing a drop in apartment rents, marking a sharp turnaround from the tri-county region’s record rate hikes of recent