RPM Living paid $151.4 million for a bayfront apartment building and rental townhomes, The Real Deal has learned. It is one of the biggest known
Category: Business
Developer Alex Pirez buys waterfront Gables Estates teardown for $24M
Luxury home developer Alex Pirez paid $24.3 million for a waterfront home in Gables Estates, adding to recent deals in the gated community, The Real
Brightline’s $2B debt threatens financial derailment
Brightline is narrowing its losses, but the private passenger rail service is hitting a wall of debt that threatens its future. Outside auditor Ernst &
Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project
A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell
South Florida’s top deals: Grand Peaks offloads Miami apartments for $66M
🏆 Residential: Nadim Ashi’s Fort Partners had the top residential deal to hit records. The firm sold another condo at the Seaway at The Surf
Douglas Durst sells Palm Beach teardown for $15M
Real estate scion Douglas Durst and his wife Susanne Durst sold a teardown in Palm Beach for $14.9 million. Records show the Dursts sold the
Sedano’s heiress sells Pinecrest estate for $14M amid South Florida luxury boom
An heiress to the Sedano’s Supermarkets fortune sold her Pinecrest estate for $13.4 million, The Real Deal has learned. Magaly Santana and Ernesto Santana sold
Bowery pays $66M for Hammocks apartments amid rise of non-institutional buyers
Bowery Properties bought an apartment complex for $65.5 million, as non-institutional investors gain ground in the South Florida multifamily market. Miami-based Bowery bought the 264-unit
Boca Raton spec mansion asking $80M poised to shatter city price record
The top luxury contract in Palm Beach County this week is a waterfront spec mansion poised to shatter the Boca Raton single-family price record. Buyers
Inside Rishi Kapoor’s collapse: The investors, officials and insiders who could be part of his federal case
Rishi Kapoor is a long way away from the days when he wore snazzy suits, drove around town in a McLaren, hosted soirees on his