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Category: Business

US Polo Association Pays M for Mark Bellissimo Property
Business

US Polo Association Pays $95M for Mark Bellissimo Property

June 14, 2022June 14, 2022

From left: United States Polo Association Chairman Stewart Armstrong (buyer) and Mark Bellissimo (seller) (USPA, LinkedIn/Mark Bellissimo, Google Maps) Wellington developer Mark Bellissimo sold the

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Fisher Island Developer Begins Sales of Single-Family Homes
Business

Fisher Island Developer Begins Sales of Single-Family Homes

June 14, 2022June 14, 2022

Heinrich Von Hanau and rendering of The Links Estates at Fisher Island (Fisher Island Holdings LLC, iStock) Fisher Island developer Heinrich von Hanau launched sales

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TRD’s South Florida Real Estate Showcase Returns Nov. 10
Business

TRD’s South Florida Real Estate Showcase Returns Nov. 10

June 14, 2022July 19, 2022

Save the Date: TRD’s South Florida Showcase + Forum returns Nov. 10 As any savvy investor knows, it’s never too soon to start planning ahead.

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Buyers’ Share of Home Purchases Drops: Zillow Report
Business

Buyers’ Share of Home Purchases Drops: Zillow Report

June 14, 2022June 14, 2022

Offerpad’s Brian Bair and Opendoor’s Eric Wu (LinkedIn, Twitter, iStock) The iBuyer invasion is now looking more like an incursion. Perhaps even an expeditionary force.

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87 Park Closing Leads Miami-Dade Weekly Condo Sales
Business

87 Park Closing Leads Miami-Dade Weekly Condo Sales

June 14, 2022June 14, 2022

Eighty Seven Park (Google Maps, iStock) Miami-Dade County condo sales tumbled last week, with the number of sales, dollar volume, and average sale price below

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Are Agents Stars or Soldiers? Depends on the Brokerage
Business

Are Agents Stars or Soldiers? Depends on the Brokerage

June 14, 2022June 14, 2022

Despite traditional resi brokerage dealing with technology-based disruptors and struggling stock prices, it isn’t dead — and it doesn’t look like it will be any

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Hollywood Mixed-Use Project Sells For M
Business

Hollywood Mixed-Use Project Sells For $66M

June 13, 2022June 13, 2022

Charles “Chip” Abele and the 1818 Park project at 1818 Hollywood Boulevard (1818 Park) Charles “Chip” Abele sold a Hollywood mixed-use project for $65.6 million

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Cymbal DLT Score 2.5M Loan For Miami Gardens Apartments
Business

Cymbal DLT Score $102.5M Loan For Miami Gardens Apartments

June 13, 2022June 13, 2022

Cymbal’s Asi Cymbal and Hector Torres with rendering of proposed Miami Gardens apartments (Jo Palma + Partners Corporation) Cymbal DLT scored a $102.5 million loan

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Richard True Sells Palm Beach Mansion For M
Business

Richard True Sells Palm Beach Mansion For $16M

June 13, 2022June 13, 2022

301 Polmer Park (Google Maps, iStock) Palm Beach real estate investor Richard True sold a mansion for $16 million on a portion of a property

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Prologis to Acquire Industrial Rival Duke In B Stock Deal
Business

Prologis to Acquire Industrial Rival Duke In $26B Stock Deal

June 13, 2022June 13, 2022

From left: Duke Realty CEO Jim Connor and Prologis CEO Hamid Moghadam (Duke Realty, Prologis, iStock) Everything has a price. For Duke Realty, the industrial

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