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Category: Business

Development Potential Persists in Downtown West Palm Beach
Business

Development Potential Persists in Downtown West Palm Beach

February 10, 2022February 10, 2022

An aerial of downtown West Palm Beach (Google Maps, iStock, Photo illustration by Priyanka Modi) Development opportunities persist in downtown West Palm Beach as plans

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Miami investors pay M for waterfront teardown in Coral Gables
Business

Miami investors pay $6M for waterfront teardown in Coral Gables

February 9, 2022February 9, 2022

Wendy Ellen Sager Pomerantz (LinkedIn, Realtor, iStock) A Miami real estate investor who has purchased and sold properties in Wynwood, Overtown and Allapattah paid $6.4

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One Thousand Museum HOA Goes After Tech Investor Lucy Guo
Business

One Thousand Museum HOA Goes After Tech Investor Lucy Guo

February 9, 2022February 10, 2022

Lucy Guo and One Thousand Museum (1000Museum, LinkedIn) Lucy Guo may have thrown her first and last Animal House-style rager at One Thousand Museum after

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Buyer Beware: Proptech SPAC Deals Have Largely Been Duds
Business

Buyer Beware: Proptech SPAC Deals Have Largely Been Duds

February 9, 2022February 9, 2022

For proptech companies considering going public, it may be prudent to wait. Most of the proptechs that did so over the last 18 months the

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Greg Mirmelli Buys 600 Collins Ave Building in Miami Beach
Business

Greg Mirmelli Buys 600 Collins Ave Building in Miami Beach

February 9, 2022February 9, 2022

Greg Mirmelli with the Collins Avenue property (Getty) Miami Beach investor Greg Mirmelli purchased a retail property on Collins Avenue that he eventually hopes to

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Douglas Elliman Shattered Its Sales Records in 2021
Business

Douglas Elliman Shattered Its Sales Records in 2021

February 9, 2022February 9, 2022

Douglas Elliman’s Howard Lorber (Getty, Illustration by Kevin Rebong for The Real Deal) When Douglas Elliman made its debut as a publicly traded company in

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Blackstone Sells Jupiter ALF to Ventas at a Loss
Business

Blackstone Sells Jupiter ALF to Ventas at a Loss

February 9, 2022February 9, 2022

The Mangrove Bay assisted living facility at 110 Mangrove Bay Way in Jupiter (Senior Lifestyle, iStock) Blackstone sold the waterfront Mangrove Bay assisted living facility

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WeWork Partnering on Flex Space Availability
Business

WeWork Partnering on Flex Space Availability

February 9, 2022February 9, 2022

From left: Sandeep Mathrani, chief executive officer, WeWork; Christophe Garnier, chief executive officer, Upflex (WeWork, Upflex, iStock) CEO Sandeep Mathrani is putting the “we” in

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Steven Swanson II Flips Miami Shores Walgreens For M
Business

Steven Swanson II Flips Miami Shores Walgreens For $8M

February 9, 2022February 9, 2022

Steven Swanson II with the Walgreens at 9020 Biscayne Boulevard (LinkedIn, JLL) A Chicago investor rang up an $8.2 million sale of a Miami Shores

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Demand for South Florida Homes Pushes Buyers to New Heights
Business

Demand for South Florida Homes Pushes Buyers to New Heights

February 9, 2022February 9, 2022

(iStock, Photo illustration by Priyanka Modi) Real estate agent Drew Kern recently listed a Palmetto Bay home for about $750,000, a price that was significantly

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