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Category: Business

Lewis Swezy proposes 132-unit low-income multifamily project, as developers seize on affordable housing  
Business

Lewis Swezy proposes 132-unit low-income multifamily project, as developers seize on affordable housing  

August 28, 2024August 28, 2024

Developer Lewis Swezy proposes a 132-unit, age-restricted affordable apartment project in Miami-Dade County’s Princeton neighborhood.  The plan comes as South Florida developers continue to seize

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Coastland plans 371-unit rental project with workforce housing near Tropical Park, amid swell of below-market proposals 
Business

Coastland plans 371-unit rental project with workforce housing near Tropical Park, amid swell of below-market proposals 

August 28, 2024August 28, 2024

Coastland Residential plans a 371-unit multifamily project with workforce housing near Miami-Dade County’s Tropical Park, as developers continue to bet on below-market apartments.  Pinecrest-based Coastland

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Conair scion closes trio of Boca Raton luxury resi deals totaling M
Business

Conair scion closes trio of Boca Raton luxury resi deals totaling $36M

August 28, 2024August 28, 2024

Conair scion Leandro Rizzuto Jr. closed a trio of luxury residential deals in Boca Raton totaling $35.5 million. The flurry of activity is unusual for

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Grant Cardone is on a Broward multifamily buying binge, paying more than 0M for two projects
Business

Grant Cardone is on a Broward multifamily buying binge, paying more than $200M for two projects

August 27, 2024August 27, 2024

Grant Cardone can’t get enough of Broward County.  In recent months, funds affiliated with his Aventura-based Cardone Capital acquired two apartment complexes in Fort Lauderdale

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One Sotheby’s takes over sales at Dominik Senn’s Panther National
Business

One Sotheby’s takes over sales at Dominik Senn’s Panther National

August 27, 2024August 27, 2024

One Sotheby’s International Realty is taking over sales at Dominik Senn’s planned Panther National golf community in Palm Beach Gardens, continuing the brokerage’s expansion into

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Vanderbilt, Trinity land M refi for West Palm office tower, as South Florida financing keeps flowing
Business

Vanderbilt, Trinity land $96M refi for West Palm office tower, as South Florida financing keeps flowing

August 27, 2024August 27, 2024

The joint venture that owns Northbridge Centre in downtown West Palm Beach, known as the “Darth Vader building,” landed a $96 million refinancing for the

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Developer proposes 119-unit multifamily project near Miami’s Culmer Metrorail stop, amid a record apartment pipeline 
Business

Developer proposes 119-unit multifamily project near Miami’s Culmer Metrorail stop, amid a record apartment pipeline 

August 27, 2024August 27, 2024

A developer proposes a 119-unit multifamily building near Miami’s Culmer Metrorail Station, amid a record South Florida apartment construction pipeline.  New York-based Urban Builders Collaborative,

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One Thousand Museum closing tops Miami-Dade weekly condo sales
Business

One Thousand Museum closing tops Miami-Dade weekly condo sales

August 27, 2024August 27, 2024

Miami-Dade County’s condo sales rose last week, while dollar volume fell. A condo at One Thousand Museum led the way. Brokers closed 114 condo sales

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Details, renderings, revealed for billionaire Ken Griffin’s B Miami supertall
Business

Details, renderings, revealed for billionaire Ken Griffin’s $1B Miami supertall

August 26, 2024August 26, 2024

Billionaire hedge fund manager Ken Griffin spent $670 million assembling land in Miami’s Brickell neighborhood in 2022, generating huge interest in his companies’ move to

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Boca Raton couple siphoned over M from investors in a real estate fraud, SEC alleges
Business

Boca Raton couple siphoned over $40M from investors in a real estate fraud, SEC alleges

August 26, 2024August 26, 2024

A Boca Raton couple siphoned off most of the $56 million they raised from 660 people nationwide for purported real estate investments, according to a

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