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Category: Business

Continuum South Beach closing tops Miami-Dade weekly condo sales
Business

Continuum South Beach closing tops Miami-Dade weekly condo sales

July 23, 2024July 23, 2024

Miami-Dade County’s condo sales rose last week, with an eight-figure closing at Continuum on South Beach leading the way. Brokers closed 140 condo sales totaling

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Buyers who lost deposits on Coconut Grove homes settle case
Business

Buyers who lost deposits on Coconut Grove homes settle case

July 22, 2024July 22, 2024

The homebuyers who allege they were conned by developer Doug Cox in Coconut Grove agreed to quitclaim deeds, giving up claims of ownership to the

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Related joint venture submits plans for Riviera Beach mixed-use project
Business

Related joint venture submits plans for Riviera Beach mixed-use project

July 22, 2024July 22, 2024

Related Group, BH Group and Tezral Partners submitted plans for a mixed-use multifamily development in Riviera Beach.  The joint venture plans 418 apartments across a

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Fortress takes back Fort Lauderdale marina, RV park in M deed in lieu of foreclosure
Business

Fortress takes back Fort Lauderdale marina, RV park in $86M deed in lieu of foreclosure

July 22, 2024July 22, 2024

The investors in a Fort Lauderdale RV park and marina surrendered the property to the lender through a deed in lieu of foreclosure valued at

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Singaporean REIT sells Boca Raton office building for M –– an 18% discount from 2021
Business

Singaporean REIT sells Boca Raton office building for $82M –– an 18% discount from 2021

July 22, 2024July 22, 2024

A Singaporean real estate investment trust sold the One Town Center office building in Boca Raton for $82 million, marking a 17.6 percent discount from

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Pending sale of M waterfront home on North Bay Road tops slow week in Miami-Dade
Business

Pending sale of $28M waterfront home on North Bay Road tops slow week in Miami-Dade

July 22, 2024July 22, 2024

A renovated waterfront home in Miami Beach asking $27.5 million was the priciest residential property to enter into contract last week in Miami-Dade County.  The

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Movers & Shakers: ULI taps Anthony Graziano as Southeast Florida chair 
Business

Movers & Shakers: ULI taps Anthony Graziano as Southeast Florida chair 

July 22, 2024July 22, 2024

In the latest roundup of South Florida real estate hiring news, the Urban Land Institute tapped Integra Realty Resources CEO Anthony Graziano to serve as

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The Weekly Dirt: A shocking end to developer Sergio Pino’s legacy
Business

The Weekly Dirt: A shocking end to developer Sergio Pino’s legacy

July 21, 2024July 21, 2024

Developer Sergio Pino ended his life as the FBI was planning to arrest him for allegedly ordering the failed murder (not once, but twice) of

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Lender sues to foreclose on waterfront Bay Harbor Islands condo site
Business

Lender sues to foreclose on waterfront Bay Harbor Islands condo site

July 19, 2024July 19, 2024

An affiliate of Allure Development Group is being sued for foreclosure over a stalled waterfront condo development in Bay Harbor Islands.  Saluda Grade Alternative Mortgage

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Waterfront Palm Beach spec mansion sells for M — a M discount in offseason
Business

Waterfront Palm Beach spec mansion sells for $29M — a $15M discount in offseason

July 19, 2024July 19, 2024

It’s the offseason for Palm Beach, but deals are still closing.  A trust named for the address bought the spec mansion at 584 Island Drive

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