A Miami Beach board greenlit a Live Local Act project’s mechanical car elevator, despite neighbors’ push to delay the vote. An entity tied to Russell
Category: Business
South Florida’s top deals: Grand Peaks offloads Miami apartments for $66M
🏆 Residential: Nadim Ashi’s Fort Partners had the top residential deal to hit records. The firm sold another condo at the Seaway at The Surf
Douglas Durst sells Palm Beach teardown for $15M
Real estate scion Douglas Durst and his wife Susanne Durst sold a teardown in Palm Beach for $14.9 million. Records show the Dursts sold the
Sedano’s heiress sells Pinecrest estate for $14M amid South Florida luxury boom
An heiress to the Sedano’s Supermarkets fortune sold her Pinecrest estate for $13.4 million, The Real Deal has learned. Magaly Santana and Ernesto Santana sold
Bowery pays $66M for Hammocks apartments amid rise of non-institutional buyers
Bowery Properties bought an apartment complex for $65.5 million, as non-institutional investors gain ground in the South Florida multifamily market. Miami-based Bowery bought the 264-unit
Boca Raton spec mansion asking $80M poised to shatter city price record
The top luxury contract in Palm Beach County this week is a waterfront spec mansion poised to shatter the Boca Raton single-family price record. Buyers
Inside Rishi Kapoor’s collapse: The investors, officials and insiders who could be part of his federal case
Rishi Kapoor is a long way away from the days when he wore snazzy suits, drove around town in a McLaren, hosted soirees on his
Condo, hotel, or condo-hotel? Singer Island Amrit resort under investigation
As legal challenges mount at the Amrit Ocean Resort on Singer Island, Riviera Beach’s police department is now investigating complaints from buyers that they were
📊 South Florida’s top deals: Cortland sells Boca Raton apartments for $240M
🏆 Residential: Fort Lauderdale claimed the top home sale recorded in South Florida. A 10,300-square-foot, oceanfront mansion at 3052 North Atlantic Boulevard traded for $26
Adam Neumann’s Flow buys 50% stake in Wynwood apartments
Adam Neumann’s Flow bought a 50 percent stake in Society Wynwood, with plans to renovate and rebrand the property. Flow is now a co-owner with