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Category: Business

Pier pressure: Bezos family seeks dock upgrade at Gables Estates compound
Business

Pier pressure: Bezos family seeks dock upgrade at Gables Estates compound

October 3, 2025October 3, 2025

A trust tied to the billionaire Bezos family is seeking approval from Coral Gables to upgrade the dock behind their prime Gables Estates compound.  Companies

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Compass in, Elliman out at Savanna’s Olara condos in West Palm Beach
Business

Compass in, Elliman out at Savanna’s Olara condos in West Palm Beach

October 3, 2025October 3, 2025

Compass is taking over sales for Savanna’s waterfront Olara condo project in West Palm Beach, The Real Deal has learned.  The move follows two years

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The Weeknd is buying a waterfront Gables Estates mansion asking M
Business

The Weeknd is buying a waterfront Gables Estates mansion asking $55M

October 3, 2025October 3, 2025

Grammy-winning singer-songwriter the Weeknd is in contract to buy a waterfront Gables Estates mansion that’s on the market for $54.9 million, sources told The Real

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Jordache founders default on South Beach Breakwater hotel’s M loan, debt in special servicing
Business

Jordache founders default on South Beach Breakwater hotel’s $28M loan, debt in special servicing

October 2, 2025October 2, 2025

The Nakash family’s woes at its Breakwater hotel in South Beach continue, this time because of a loan default.  The debt on the 100-key hotel

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Great Gulf wins rezoning for second West Palm Beach condo project
Business

Great Gulf wins rezoning for second West Palm Beach condo project

October 2, 2025October 2, 2025

Canadian developer Great Gulf won a rezoning for its latest condo project in West Palm Beach. The West Palm Beach City Commission voted unanimously to

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Ciprés, Rilea score M construction loan for condo project near Wynwood
Business

Ciprés, Rilea score $90M construction loan for condo project near Wynwood

October 2, 2025October 2, 2025

Ciprés and Rilea Group landed a $90 million construction loan for The Rider Residences, a planned condominium near Wynwood. Mexican bank Banco Inbursa provided the

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Riviera Beach approves rezoning for SobelCo condo project
Business

Riviera Beach approves rezoning for SobelCo condo project

October 2, 2025October 2, 2025

The Riviera Beach City Council unanimously approved zoning changes that will enable SobelCo to build a 1.2 million-square-foot project near the Port of Palm Beach.

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In M deal, JBL adds Broward shopping center to retail portfolio
Business

In $25M deal, JBL adds Broward shopping center to retail portfolio

October 2, 2025October 2, 2025

JBL Asset Management’s South Florida retail portfolio experienced a growth spurt with a $25 million Broward shopping center purchase.  Hollywood-based JBL, led by Jacob Khotoveli,

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Here’s what’s next for the 38-acre Miami Seaquarium site
Business

Here’s what’s next for the 38-acre Miami Seaquarium site

October 2, 2025October 2, 2025

Developer David Martin has set his sights on his next challenge, a redevelopment of the Miami Seaquarium property in Key Biscayne.  An affiliate of his

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Duell scion drops M on Forté on Flagler PH
Business

Duell scion drops $28M on Forté on Flagler PH

October 1, 2025October 1, 2025

Benjamin Duell, a scion of New York real estate’s Duell family, dropped $28.3 million on a penthouse in the recently completed Forté on Flagler in

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