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Category: Business

Randy Frankel Sells Miami Beach Home to Michael Arougheti
Business

Randy Frankel Sells Miami Beach Home to Michael Arougheti

May 6, 2022May 6, 2022

1635 West 22nd Street with Ares Management’s Michael Arougheti and Randy Frankel (Michael Ruiz with LPG, Getty) Tampa Bay Rays co-owner Randy Frankel more than

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Centaur Holdings Scores 0M Financing for Avenir Project
Business

Centaur Holdings Scores $170M Financing for Avenir Project

May 6, 2022May 6, 2022

From left: Kyle Asher, managing director, Monroe Capital and Lotus Capital managing partner Faisal Ashraf along with a rendering of Panther National in Palm Beach

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Infinity BH Corp Completes M Hollywood Bulk Condo Deal
Business

Infinity BH Corp Completes $34M Hollywood Bulk Condo Deal

May 6, 2022May 6, 2022

Luna at Hollywood condominium at 3600 Van Buren Street (Apartments.com, iStock) A Surfside-based real estate investment firm completed a $33.9 million bulk condo purchase in

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Shoma Pays M for Miami Apartments Development Site
Business

Shoma Pays $34M for Miami Apartments Development Site

May 6, 2022May 6, 2022

Shoma’s Masoud Shojaee and Stephanie Shojaee with 3650 Bird Road (Shoma Group, Google Maps) Masoud Shojaee’s Shoma Group paid $34 million for a Miami auto

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E11even’s Marc Roberts Rebounds in Downtown Miami’s Park West
Business

E11even’s Marc Roberts Rebounds in Downtown Miami’s Park West

May 6, 2022May 6, 2022

Marc Roberts (Photo by Sonya Revell) UPDATED, May 5, 2022, 3:00 p.m.: From the second floor VIP lounge of E11even nightclub in downtown Miami, Marc

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French Developer Acquires Edgewater Dev Site For M
Business

French Developer Acquires Edgewater Dev Site For $15M

May 5, 2022May 5, 2022

PR Group Florida’s Christophe Petit and Julien Ridon and Octavio Maza with 423 Northeast 27th Street (Vendôme Capital, Porosoff Group, Google Maps, iStock) In two

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Boymelgreens Launch Sales of 42 Pine Miami Beach Condos
Business

Boymelgreens Launch Sales of 42 Pine Miami Beach Condos

May 5, 2022May 5, 2022

Sarah and Shaya Boymelgreen with a rendering of 42 Pine (Getty, 42 Pine) The Boymelgreens launched sales of a boutique condo building they plan to

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Sunstone Buying The Confidante Miami Beach for 2M
Business

Sunstone Buying The Confidante Miami Beach for $232M

May 5, 2022May 5, 2022

Sunstone’s Bryan Giglia and Douglas Pasquale with 4041 Collins Avenue (Sunstone Hotel Investors, Google Maps) California-based Sunstone Hotel Investors put The Confidante Miami Beach under

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Pebb, Banyan Pay .5M for FAU’s Research Park Offices
Business

Pebb, Banyan Pay $37.5M for FAU’s Research Park Offices

May 5, 2022May 5, 2022

Pebb Enterprises’ Ian Weiner (right) and Banyan Development’s  Jason Sher with Research Park at Florida Atlantic University (Pebb, Avison Young, LinkedIn, iStock) Pebb Enterprises and

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Hyperion JV Gets M Loan For West Palm Beach Project
Business

Hyperion JV Gets $96M Loan For West Palm Beach Project

May 5, 2022May 5, 2022

From left: a rendering of the project at 201 Clearwater Drive in West Palm Beach, Starwood Capital CEO Barry Sternlicht, Hyperion Group CEO Rob Vecsler

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