Renderings of Alba Palm Beach with Kenneth Baboun BGI Companies kicked off sales of its planned West Palm Beach condo tower, betting on continued demand
Category: Business
Hedge Funder Paul Saunders Pays $35M for Highland Beach Manse
2445 South Ocean Boulevard (Ed Butera/IBI Designs, iStock) Hedge fund manager Paul Saunders and his wife, Victoria Saunders, paid a record $34.7 million for an
Morgan Group Plans 452-Unit Sunrise Multifamily Project
Philip Morgan and rendering of Pearl Sunrise (Morgan Group) Morgan Group plans a rental development with 452 units, including 68 with below-market rents, on a
Grandson of Hudson News Founder Buys Surfside Home
(1Oak Studios) An heir to the Hudson News airport store fortune landed in Miami. Robert B. Cohen, a grandson of the founder of Hudson News
Delray Beach HOA Sues GL Homes Over Construction Defects
GL Homes President Misha Ezratti and 9275 Beaujolais Ave in Delray Beach (Ezratti via Lila Photo, Google Maps) Shoddy construction resulted in 80 alleged defects
Mathieu Massa Buys Miami Beach Development Site for $14M
Mathieu Massa, 427 22nd Street and 2206 Park Avenue (Google Maps, iStock) Developer and restaurateur Mathieu Massa bought a development site in Miami Beach for
AMLI Residential Pays $104M for Midtown 29 Apartments
AMLI Residential’s Gregory Mutz, Mesirow Financial’s Richard Price and Morgan Group’s Philip Morgan with 80 Northeast 29th Street (Showcase, AMLI, Mesirow, Morgan Group) AMLI Residential
January 2022 Home Sales, Prices Rise in South Florida
(iStock) Residential sales and prices continued to climb across South Florida in January, according to reports from the Miami Association of Realtors. Some growth showed
Now Streaming: TRD’s Podcast on the Rise of Prefab Homes
When one thinks of the homebuilding process, one usually doesn’t imagine it taking place inside a factory. But a confluence of market forces now has
MRR Development Refinances Hotel Indigo with Israeli Bonds
Hotel Indigo Lower East Side, Rotem Rosen and Anand Mahindra (Getty, TripAdvisor) Rotem Rosen’s MRR Development scored a loan worth $113 million to refinance the