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Category: Business

Property manager arrested, accused of M-plus theft from Broward condo associations
Business

Property manager arrested, accused of $1M-plus theft from Broward condo associations

February 4, 2026February 4, 2026

A property manager for condo associations was hit with criminal charges, accused of misappropriating about $600,000 from a Pembroke Pines complex.  It was the third

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South Florida luxury sales stumbled amid Trump’s 2025 trade wars
Business

South Florida luxury sales stumbled amid Trump’s 2025 trade wars

February 4, 2026February 4, 2026

The data is in, and South Florida’s luxury real estate market is still working off its “Liberation Day” hangover.  Luxury sales stumbled in the face

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Michael Simkins snags whopping discount for Lincoln Road retail building
Business

Michael Simkins snags whopping discount for Lincoln Road retail building

February 4, 2026February 4, 2026

Michael Simkins picked up a Lincoln Road building in Miami Beach at a bargain price as the pedestrian-only retail street experiences a revival. An entity

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South Florida apartments hitting market amid lethargic rents
Business

South Florida apartments hitting market amid lethargic rents

February 4, 2026February 4, 2026

A pair of South Florida apartment complexes will be going for sale, The Real Deal has learned, amid a slowdown of the multifamily market compared

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Palm Beach County luxury contracts mushroom into February
Business

Palm Beach County luxury contracts mushroom into February

February 4, 2026February 4, 2026

Two Palm Beach homes topped Palm Beach County luxury contracts as the island’s busy season picks up. Buyers signed 37 contracts between Jan. 26 and

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South Florida’s top deals: Coral Springs retail center trades for M
Business

South Florida’s top deals: Coral Springs retail center trades for $20M

February 4, 2026February 4, 2026

🏆 Residential: Bal Harbour had the top residential transaction recorded in South Florida. An LLC managed by Brazilian businessman Wafrido Silvino Dos Mares Guia Neto

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“Immense shell game”: Aston Martin Residences developer accused of fleecing owners 
Business

“Immense shell game”: Aston Martin Residences developer accused of fleecing owners 

February 3, 2026February 3, 2026

Aston Martin Residences developer Germán Coto is accused of siphoning millions of dollars from condo owners, according to a bombshell lawsuit being reported for the

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CGI Merchant loses 550 Biltmore as its portfolio cracks
Business

CGI Merchant loses 550 Biltmore as its portfolio cracks

February 3, 2026February 3, 2026

CGI Merchant Group is catching zero breaks, as its South Florida portfolio unravels under the crushing weight of debt woes.  In the latest trouble, the

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Steve Ross, Ken Griffin pledge M in push for South Florida office relocations
Business

Steve Ross, Ken Griffin pledge $10M in push for South Florida office relocations

February 3, 2026February 3, 2026

Billionaires Steve Ross and Ken Griffin moved their businesses to South Florida in recent years, and now they are spreading the gospel of its economic

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Aviation mogul sells oceanfront Palm Beach County manse for M
Business

Aviation mogul sells oceanfront Palm Beach County manse for $32M

February 3, 2026February 3, 2026

Aviation mogul Robert G. Fessler sold his oceanfront Manalapan estate for $31.5 million, The Real Deal has learned.  Fessler sold the mansion at 880 South

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