The oceanfront Palm Beach estates of a telecommunications investor and a late German prince led pending deals in Palm Beach County last week. Buyers signed
Category: Business
South Florida’s top deals: Related Ross purchased The Ben Hotel for $109M
🏆 Residential: The priciest home sale recorded was in Coral Gables, where a home at 6960 Sunrise Drive changed hands for $8.8 million. The sellers
Mayfair in the Grove lands $114M refi as South Florida lending flows
The Mayfair in the Grove mixed-use complex in Miami scored a $113.6 million refinancing, as South Florida lending keeps flowing amid higher interest rates. Guggenheim
Car dealer Luis Somoano drops $22M on Hialeah site
Auto dealer Luis Somoano expanded his South Florida portfolio by paying $21.5 million for a Ford retail site in Hialeah previously owned for 40 years
Compass takes over leasing of pricey Bay Harbor rentals from Elliman
Compass took over leasing of a luxury apartment project in Bay Harbor Islands from Douglas Elliman, The Real Deal has learned. Miami-based developer Clara Homes
South Florida’s top deals: Allan Adelson buys West Palm Beach site for $9M
🏆 Residential: The priciest home sale recorded in South Florida was in Palm Beach. An LLC tied to Justin Daniels parted with a home at
Mark Zuckerberg’s $170M Indian Creek Island purchase sets Miami-Dade record
Mark Zuckerberg and his wife, Priscilla Chan, closed on their purchase of an Indian Creek mansion for a record $170 million. The deal marks the
Related Ross snags $173M loan to buy West Palm hotel
Billionaire developer Steve Ross added another trophy building to his expansive West Palm Beach portfolio with $172.5 million in financing. Tokyo-based Nomura provided the loan
Ex-CEO of Broward roofing company pleads guilty to bid-rigging scheme
A former executive at a roofing company pleaded guilty for his role in a $3.5 million bid-rigging scheme for jobs at commercial properties across Florida.
Canero, 8K pay $28M for majority of Coconut Grove condo
Condo buyout fever is creeping deeper into Coconut Grove, where a pair of Miami firms paid a combined $27.7 million for a majority of units