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Category: Business

Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project
Business

Galbut, Lefferts’ Miami Beach car elevator OK’d amid opposition to condo project

May 6, 2026May 6, 2026

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

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South Florida’s top deals: Grand Peaks offloads Miami apartments for M
Business

South Florida’s top deals: Grand Peaks offloads Miami apartments for $66M

May 6, 2026May 6, 2026

🏆 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

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Douglas Durst sells Palm Beach teardown for M
Business

Douglas Durst sells Palm Beach teardown for $15M

May 5, 2026May 5, 2026

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

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Sedano’s heiress sells Pinecrest estate for M amid South Florida luxury boom
Business

Sedano’s heiress sells Pinecrest estate for $14M amid South Florida luxury boom

May 5, 2026May 5, 2026

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

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Bowery pays M for Hammocks apartments amid rise of non-institutional buyers
Business

Bowery pays $66M for Hammocks apartments amid rise of non-institutional buyers

May 5, 2026May 5, 2026

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

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Boca Raton spec mansion asking M poised to shatter city price record
Business

Boca Raton spec mansion asking $80M poised to shatter city price record

May 5, 2026May 5, 2026

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

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Inside Rishi Kapoor’s collapse: The investors, officials and insiders who could be part of his federal case
Business

Inside Rishi Kapoor’s collapse: The investors, officials and insiders who could be part of his federal case

May 5, 2026May 5, 2026

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

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Condo, hotel, or condo-hotel? Singer Island Amrit resort under investigation
Business

Condo, hotel, or condo-hotel? Singer Island Amrit resort under investigation

May 5, 2026May 5, 2026

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

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📊 South Florida’s top deals: Cortland sells Boca Raton apartments for 0M
Business

📊 South Florida’s top deals: Cortland sells Boca Raton apartments for $240M

May 4, 2026May 4, 2026

🏆 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

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Adam Neumann’s Flow buys 50% stake in Wynwood apartments
Business

Adam Neumann’s Flow buys 50% stake in Wynwood apartments

May 4, 2026May 4, 2026

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

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