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Category: Business

Larry Ellison Buyer of 3M South Florida Compound
Business

Larry Ellison Buyer of $173M South Florida Compound

June 22, 2022June 22, 2022

Larry Ellison and Jim Clark and 2000 South Ocean Boulevard (Getty, Sotheby’s) Larry Ellison, the billionaire co-founder of Oracle, paid $173 million for a Manalapan

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Investor drops M for North Lauderdale shopping center – The Real Deal South Florida
Business

Investor drops $31M for North Lauderdale shopping center – The Real Deal South Florida

June 22, 2022June 22, 2022

Arena Shoppes at 7296 West McNab Road, North Lauderdale (CBRE, iStock) A North Miami Beach investor beefed up his South Florida retail portfolio with a

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Jade Signature Closing Leads Miami-Dade Weekly Condo Sales
Business

Jade Signature Closing Leads Miami-Dade Weekly Condo Sales

June 22, 2022June 22, 2022

A photo illustration of Jade Signature (Compass Real Estate, iStock) Miami-Dade County condo sales last week remained essentially flat, in line with closings from the

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Lennar’s Strong Earnings Tempered by Housing Slowdown
Business

Lennar’s Strong Earnings Tempered by Housing Slowdown

June 21, 2022June 21, 2022

Lennar exec chairman Stuart Miller (Real-Estate-Impact.Miami.edu, iStock) Lennar’s second-quarter earnings surpassed expectations, though the company tempered the good news with a warning about what lies

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South Florida Home Sales Fall in May 2022
Business

South Florida Home Sales Fall in May 2022

June 21, 2022June 21, 2022

(iStock) South Florida isn’t immune to rising interest rates and growing inventory. Residential sales fell across South Florida in May for the second consecutive month,

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Shvo’s Norman Foster Office Project in Miami Beach Scores OK
Business

Shvo’s Norman Foster Office Project in Miami Beach Scores OK

June 21, 2022June 21, 2022

Michael Shvo and Norman Foster and renderings of The Alton (Getty, Wikipedia, Foster + Partners) Developer Michael Shvo’s plans for a Norman Foster-designed Class A

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Robert Wennett Sells Allapattah Warehouse Complex For M
Business

Robert Wennett Sells Allapattah Warehouse Complex For $11M

June 21, 2022June 21, 2022

Robert Wennett and Accesso Partners Managing Partner Ariel Bentata with the industrial complex at 1335 Northwest 21st Terrace in Allapattah (Google Maps, Accesso Partners) Robert

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Bridge Pays M for Warehouse Dev Site Near Port Everglades
Business

Bridge Pays $20M for Warehouse Dev Site Near Port Everglades

June 21, 2022June 21, 2022

Bridge Industrial’s Steve Poulos with 2200 Northeast Seventh Avenue (Bridge Industrial, iStock) Bridge Industrial plans a logistics facility between Fort Lauderdale-Hollywood International Airport and Port

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Movers & Shakers: ISG World Hires New Sales Chief
Business

Movers & Shakers: ISG World Hires New Sales Chief

June 21, 2022June 21, 2022

From left: ISG World’s Christian Fernandez and DaGrosa Capital Partners’ Joseph DaGrosa, Jr. (ISG World, DaGrosa Capital Partners) ISG World hired Christian Fernandez as chief

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Lease Roundup: Gateway at Wynwood, DiVosta Towers Nab Tenants
Business

Lease Roundup: Gateway at Wynwood, DiVosta Towers Nab Tenants

June 21, 2022June 21, 2022

R & B Realty’s Shelby Rosenberg and The Gateway at Wynwood (R & B Realty Group, iStock) Ripple, Victory Polymers I The Gateway at Wynwood

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