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Category: Business

Banyan Cay Resort Developers Facing M Foreclosure
Business

Banyan Cay Resort Developers Facing $61M Foreclosure

July 28, 2022July 28, 2022

Domenic Gatto and Banyan Cay Resort and Club (Linkedin, Banyan Cay, Illustration by The Real Deal with Getty) The Banyan Cay Resort & Golf Club

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Damac Closes on Surfside Collapse Site for 0M
Business

Damac Closes on Surfside Collapse Site for $120M

July 27, 2022July 27, 2022

Hussain Sajwani with the vacant property at 8777 Collins Avenue (Farees Jamal, CC0, via Wikimedia Commons, LoopNet, Eleventh Judicial Circuit of Florida) Dubai developer Damac

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Priced-Out Homebuyers Trigger Drop in Pending Home Sales
Business

Priced-Out Homebuyers Trigger Drop in Pending Home Sales

July 27, 2022July 27, 2022

(Getty) Homebuyers are still slowing their pandemic-fueled, contract-signing binge in response to the triple whammy of rising mortgage rates, high housing prices and low inventory.

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Jamestown Puts Miami Beach Apartments On The Market
Business

Jamestown Puts Miami Beach Apartments On The Market

July 27, 2022July 27, 2022

Jamestown CEO Matt Bronfman and the 727 Collins Apartments at 727 Collins Avenue in Miami Beach (Getty, Google Maps, Jamestown) Jamestown is looking to cut

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Related Group Buys Waterfront West Palm Beach Estate
Business

Related Group Buys Waterfront West Palm Beach Estate

July 27, 2022July 27, 2022

Wolf Von Falkenburg, the widower of a Standard Oil heiress, sold a waterfront West Palm Beach estate to an affiliate of Related Group for $16

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Allen Morris Gets Another Shot at Coral Gables Project
Business

Allen Morris Gets Another Shot at Coral Gables Project

July 27, 2022July 27, 2022

Allen and Spencer Morris, a rendering of the Ponce Park Residences, Mayor Vince Lago and Commissioner Rhonda Anderson (Oppenheim Architecture, Alan Morris, City of Coral

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Midtown Capital, Prospect Nab FLL Rentals Construction Loan
Business

Midtown Capital, Prospect Nab FLL Rentals Construction Loan

July 27, 2022July 27, 2022

Midtown’s Alejandro Velez and Prospect Real Estate’s Michele Zahn, and Richard Zahn Sr. with rendering of Advantis Station (Midtown Capital Partners, Prospect Real Estate Group,

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Miami, West Palm Offices Score Record Rents
Business

Miami, West Palm Offices Score Record Rents

July 27, 2022July 27, 2022

From left: One Flagler in West Palm Beach, 830 Brickell in Brickell, and Eighteen Sunset in Miami Beach (Getty, Related Southeast, LoopNet, Koniver Stern Group)

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Jeff Bezos’ Parents Tied to Coral Gables Home Purchase
Business

Jeff Bezos’ Parents Tied to Coral Gables Home Purchase

July 26, 2022July 27, 2022

Jeff Bezos’ parents, Jackie and Mike Bezos, with 9475 Journeys End Road (Elliman PR, Illustration by The Real Deal with Getty) A company tied to

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Bryan Cressey Sells Oceanfront Palm Beach Mansion for M
Business

Bryan Cressey Sells Oceanfront Palm Beach Mansion for $49M

July 26, 2022July 26, 2022

Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real

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