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Category: Business

Telecom Chief Pays .5M for Waterfront Sunset Island Home
Business

Telecom Chief Pays $11.5M for Waterfront Sunset Island Home

March 4, 2022March 4, 2022

1775 West 24 Street (Redfin, iStock) The president and founder of a global web conferencing company bought a waterfront home in one of Miami Beach’s

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Harvey Hernandez’s Condo Company Files For Bankruptcy
Business

Harvey Hernandez’s Condo Company Files For Bankruptcy

March 4, 2022March 4, 2022

Harvey Hernandez and Centro Miami at 151 Southeast First Street (Centro NGD Holdings, Brickell.com, iStock) Facing the threat of a foreclosure auction, Harvey Hernandez’s condo

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Fiji Water’s David Gilmour Sells Palm Beach Estate
Business

Fiji Water’s David Gilmour Sells Palm Beach Estate

March 4, 2022March 4, 2022

Fiji’s David Gilmour and 5 Golfview Road (Getty, Google Maps, iStock) The founder of Fiji Water found a buyer thirsty enough to pay $44.9 million

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Eretzor Group Pays M for West Palm Beach Rentals
Business

Eretzor Group Pays $6M for West Palm Beach Rentals

March 4, 2022March 4, 2022

Daniel Statlander with 2700 Broadway (Google Maps, Omicron) Boca Raton-based Eretzor Group bought West Palm Beach apartments for $6 million, marking an exponential price jump

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Miami Beach Apartments Slapped With M Foreclosure
Business

Miami Beach Apartments Slapped With $1M Foreclosure

March 4, 2022March 4, 2022

Raz Ofer with 1568 Drexel Avenue (Dade County, Google Maps) A pair of apartment buildings near Miami Beach’s Lincoln Road that are mired in litigation

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RelatedISG Opens Fort Lauderdale Office
Business

RelatedISG Opens Fort Lauderdale Office

March 4, 2022March 4, 2022

Robert Esposito and Craig Studnicky (RelatedISG Realty) RelatedISG Realty opened an office in Fort Lauderdale, as brokerages continue to expand throughout South Florida. It marks

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Editor’s note: From Russia without love – The Real Deal South Florida
Business

Editor’s note: From Russia without love – The Real Deal South Florida

March 4, 2022March 4, 2022

Stuart Elliott There were heady days a decade ago when Russian buyers set records in New York City’s real estate market, including the $88 million

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Oakland Park Selects Falcone Team To Build 9M Project
Business

Oakland Park Selects Falcone Team To Build $149M Project

March 3, 2022March 3, 2022

From left: Art Falcone, principal, Falcone Group; Michael Kaufman, principal, Kaufman Lynn (Falcone Group, Kaufman Lynn Construction) Oakland Park selected a partnership of Falcone Group

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Russian Money Wants to Come to the U.S. It Won’t Be Easy.
Business

Russian Money Wants to Come to the U.S. It Won’t Be Easy.

March 3, 2022March 3, 2022

(iStock / Photo illustration by Priyanka Modi) News reports from Russia this week show people lining up at ATMs and banks in a rush to

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Chicago Real Estate CEO Sells Palm Beach Home for M
Business

Chicago Real Estate CEO Sells Palm Beach Home for $16M

March 3, 2022March 3, 2022

239 Emerald Lane (Realtor) The head of a Chicago-area real estate firm flipped a renovated Palm Beach home for $15.5 million, $6.2 million more than

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