Hussain Sajwani of Damac with Surfside (Wikipedia) Damac Properties is poised to buy and redevelop the Surfside collapse site where 98 people died last summer,
Category: Business
Joseph J. Frank Pays $14M for Hibiscus Island Mansion
369 North Hibiscus Drive (Villazzo Realty, iStock) A lawyer paid $13.8 million for a waterfront Hibiscus Island mansion in Miami Beach that hosted Tibetan Buddhist
Chetrit Scores Construction Loan for Pompano Beach Condos
Joseph Chetrit and a rendering of 2629 North Riverside Drive (Getty) The Chetrit Group secured a $94 million construction loan for a planned waterfront luxury
Sean Conlon Pays $18M for Historic West Palm Building
Conlon & Co’s Sean Conlon with 206 Clematis Street (Loopnet, Conlon) Sean Conlon, a merchant bank founder with a soft spot for old buildings, scooped
Home Sales, Building to Slow Amid Rate Surge: Fannie Mae
(iStock) Home prices have reached historic highs in recent months, but low inventory and rising mortgage rates have some economists warning of a slowdown in
South Florida Home Sales Drop in April 2022
(iStock / Photo illustration by Priyanka Modi) Home sales fell in April across South Florida, as interest rates continue to climb. Sales of single-family homes,
Lionstone Buys Miami Gardens Office Building For $17M
Lionstone’s Diego Lowenstein with 5901 Miami Gardens Drive (Lionstone, iStock, Loopnet) Lionstone Development leapt into the South Florida office feeding frenzy with a $16.8 million
Auto Dealer George Albrecht pays $19M for a Palm Beach House
A photo illustration of 9 Via Los Incas in Palm Beach (Zillow, iStock) An auto dealership magnate has a new place to park after buying
MG Developer JV Unveils Coconut Grove Luxury Rental Project
MG Developer’s Alirio Torrealba and rendering of Merrick Parc (MG Developer) MG Developer is teaming up with a New York-based real estate investment firm to
Ex-Kushner Exec Jenny Bernell Pays $20M for Miami Dev Site
Clearline Real Estate’s Jenny Bernell with Block E at 1550 (Smith Aerials) Jenny Bernell bought an Arts & Entertainment District property for $19.8 million, her