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Category: Business
The Weekly Dirt: Two Roads hits dead end in Miami condo buyout saga
Florida’s Supreme Court declined to take up the Biscayne 21 condo buyout case. A brief recap to bring you up to speed: In 2022, Taylor
Mark Pulte sells oceanfront Delray Beach spec mansion for $59M
Developer Mark Pulte got a big return on his oceanfront spec mansion in Delray Beach, selling it for $59 million. Records show his 701 South
Vlad Doronin’s OKO, Jamal Daniel’s Bastion Collection partner on exclusive 830 Brickell club, restaurant
Vlad Doronin’s OKO Group and The Bastion Collection have partnered on a planned restaurant and exclusive club on the top two floors of the 830
PE billionaire Greg Mondre drops $58M on oceanfront Palm Beach lot
Private equity billionaire Greg Mondre dropped $58 million on an oceanfront lot in Palm Beach, after spec developer Brian Stock abandoned efforts to build a
Bankruptcy court approves Terra’s Miami Seaquarium takeover
A bankruptcy court approved Terra’s lease takeover of the Miami Seaquarium property in Key Biscayne. David Martin’s Coconut Grove-based firm has a $22.5 million lease
A “bad deal” and a “joke”: Miami board approves Jungle Island rezoning, despite concerns
A city of Miami board voted to approve a rezoning of a portion of the Jungle Island property, which Terra and ESJ Capital Partners’ Ecoresiliency
Shvo loses Raleigh Miami Beach in $270M sale to Nahla Capital
Developer Michael Shvo is no longer involved in the Raleigh Miami Beach, the trophy asset he planned to redevelop into a luxury condo and hotel
St. Regis Bal Harbour $188M CMBS loan heads to special servicing
Facing a maturity date next month, a $188 million commercial mortgage-backed securities loan tied to the St. Regis Bal Harbour Resort is being transferred to special servicing, according to
Mark Wahlberg drops $33M on flipped Stone Creek Ranch mansion
Mark Wahlberg dropped $32.6 million on a flipped mansion in the gated Stone Creek Ranch neighborhood near Delray Beach. Wahlberg’s Closest to Delray LLC, managed