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Category: Business

Bryan Redmond-led Suntex Buys Dania Beach Marina for M
Business

Bryan Redmond-led Suntex Buys Dania Beach Marina for $49M

February 17, 2022February 17, 2022

Bryan Redmond, co-founder and CEO, Suntex Marinas (Suntex Marinas, Broward County Property Appraiser Florida) The husband of a “Real Housewives of Dallas” star is making

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Richard Gebbia Pays M for Fort Lauderdale Mansion Dev Site
Business

Richard Gebbia Pays $7M for Fort Lauderdale Mansion Dev Site

February 17, 2022February 17, 2022

Richard Gebbia with 1025 North Rio Vista Boulevard (Getty, Zillow) A member of the Gebbia family, once linked to the “Real Housewives of Beverly Hills”

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Investors Flooded the Housing Market in 2021
Business

Investors Flooded the Housing Market in 2021

February 17, 2022February 17, 2022

(iStock) The odds that an investor owns the home next door climbed even higher in 2021. Investors last year bought almost one in every seven

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Seagis Pays M for Doral Industrial Dev Site
Business

Seagis Pays $16M for Doral Industrial Dev Site

February 17, 2022February 17, 2022

Seagis with 8305 Northwest 27th Street (iStock, Seagis Property Group) Seagis Property Group paid $16 million for a warehouse development site next to its Transal

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Jay, Letty Biggins Pay M for Palm Beach Retail Property
Business

Jay, Letty Biggins Pay $9M for Palm Beach Retail Property

February 17, 2022February 17, 2022

Jay and Letty Biggins with 353 Peruvian Avenue in Palm Beach (MultiHousing, Google Maps) Multifamily real estate mogul Joseph “Jay” Biggins, and his clothing and

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Cost of Climate Change: Natural Disasters Cause B in Damage
Business

Cost of Climate Change: Natural Disasters Cause $57B in Damage

February 17, 2022February 17, 2022

(CoreLogic, iStock, Illustration by Kevin Cifuentes for The Real Deal) Fire, water and freezing temperatures last year posed increasingly dangerous — and expensive — concerns

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Potamkin Bros Buy Miami Beach Commercial Properties For M
Business

Potamkin Bros Buy Miami Beach Commercial Properties For $10M

February 16, 2022February 16, 2022

Alan and Robert Potamkin and the property at 1695 Alton Road in Miami Beach (The Potamkin Prize, BHS) Auto dealership magnates Alan Potamkin and Robert

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Utah Real Estate Honcho Buys Jupiter Island Home for M
Business

Utah Real Estate Honcho Buys Jupiter Island Home for $14M

February 16, 2022February 16, 2022

488 South Beach Road (Photos via Kevin Dickenson) A Utah real estate and investment mogul paid $14.1 million for a waterfront Jupiter Island teardown. Property

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Miami Investment Honcho Pays M for Coconut Grove House
Business

Miami Investment Honcho Pays $5M for Coconut Grove House

February 16, 2022February 16, 2022

Azora Capital’ Ravi Chopra with 3600 Matheson Avenue (The Keyes Company, LinkedIn) Azora Capital investment firm founder Ravi Chopra paid $5.1 million for a waterfront

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U.S. CMBS Market Surged to 14-Year High in 2021
Business

U.S. CMBS Market Surged to 14-Year High in 2021

February 16, 2022February 16, 2022

(iStock/Illustration by Kevin Rebong for The Real Deal) The market for commercial mortgage backed securities is back and bigger than ever. Private-label CMBS issuance surged

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