Related Group paid $50 million for 10 acres at the Office Depot campus in Boca Raton. An affiliate of Coconut Grove-based Related, led by Jorge,
Category: Business
Distressed Miami River dev site hits market with $18M asking price
A distressed Miami River development site tied to allegations of fraud hit the market again with a reduced asking price of $18 million. The 1.8-acre
Brokerage boom: Engel & Völkers adds Miami Beach office, plans Coconut Grove relaunch
Engel & Völkers is expanding in Miami-Dade County. The brokerage is opening an office in Miami Beach’s South of Fifth neighborhood and planning to reopen
When cash is king: Inside Spanish billionaire Amancio Ortega’s South Florida investments
Spanish billionaire Amancio Ortega is on a global summer shopping spree, making a splash in South Florida. Ortega’s Ponte Gadea real estate investment family office
$6M Boca Raton closing tops Palm Beach weekly condo sales
Palm Beach County’s condo sales and dollar volume rose last week. Brokers closed 77 condo sales totaling $34.3 million from July 14 to July 20.
Fort Partners drops $25M on condo in its Seaway project in Surfside
Nearly a year after closings began, Fort Partners dropped $24.5 million on a unit in its Seaway condo project in Surfside. Records show HBV Seaway
Raoul Thomas’ CGI racks up another foreclosure, could lose Miami Beach hotel
For the second time in two years, Raoul Thomas’ CGI Merchant Group could lose a South Florida hotel to foreclosure. The legal action is the
Integral plans 330 affordable and workforce housing units in Miami-Dade
Integral Group plans 330 affordable and workforce housing units in two projects in Liberty City and Homestead. In Liberty City, Atlanta-based Integral wants to develop
Todd Glaser, Posners close on Sonny Kahn’s waterfront Miami Beach estate, plan spec mansion asking $300M
Todd Glaser and the Posner Group paid $105 million for a waterfront estate in Miami Beach that Glaser plans to knock down and replace with
Medac founder’s Palm Beach house asking $12M tops signed contracts
Two listings in Palm Beach were the most expensive homes to find buyers in Palm Beach County last week. Buyers signed eight contracts between July