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Category: Business

Surfside Condo Collapse Payout to Unit Owners Approved
Business

Surfside Condo Collapse Payout to Unit Owners Approved

March 30, 2022March 30, 2022

Judge Michael Hanzman (Eleventh Judicial Circuit of Florida. Getty) Champlain Towers South unit owners will receive an $83 million payout for the loss of their

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Mortgage Rate Surges to 4.8% and Loan Applications Drop
Business

Mortgage Rate Surges to 4.8% and Loan Applications Drop

March 30, 2022March 30, 2022

(iStock / illustration by Ilya Hourie for The Real Deal) Mortgage rates last week jumped to their highest level in more than three years, which

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MHG Hotels Plans Courtyard By Marriott In Downtown Hollywood
Business

MHG Hotels Plans Courtyard By Marriott In Downtown Hollywood

March 30, 2022March 30, 2022

Renderings of the Hollywood Courtyard by Marriott hotel (Adache Group Architects) MHG Hotels is aiming to tear down a pair of single-story office buildings in

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Hedge Funder Buys Spec Estate in Southwest Ranches for M
Business

Hedge Funder Buys Spec Estate in Southwest Ranches for $8M

March 30, 2022November 30, 2022

777 Partners’ Prasa Hedge (777 Partners, Vasco Vieira) A hedge fund executive bought a yet-to-be-built Southwest Ranches estate for $8 million, underscoring luxury real estate

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Doug Levine Pays M for Fort Lauderdale Office
Business

Doug Levine Pays $15M for Fort Lauderdale Office

March 30, 2022March 30, 2022

Douglas Levine and 1100 West McNab Road in Fort Lauderdale (APEX Capital Realty) Douglas Levine bought a fully leased Fort Lauderdale office building for $15

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GID Buys Downtown Doral Apartment Building for 0M
Business

GID Buys Downtown Doral Apartment Building for $150M

March 30, 2022March 30, 2022

Céntrico by Windsor at 8425 Northwest 41st Street in Doral with GID President and CEO Gregory Bates and Chairman W. Gardner Wallace (Google Maps, GID)

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Michael Shvo Moves Ahead With Raleigh Miami Beach Project
Business

Michael Shvo Moves Ahead With Raleigh Miami Beach Project

March 30, 2022March 30, 2022

Developer Michael Shvo in front of a rendering of the Raleigh Hotel development in Miami Beach (KOBI karp) Developer Michael Shvo is moving forward with

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Condominium Prices Hit All-Time High
Business

Condominium Prices Hit All-Time High

March 30, 2022March 30, 2022

(iStock/Illustration by Kevin Rebong for The Real Deal) Americans who can no longer afford houses might now be priced out of condos, too. The typical

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Daniel Shooster Pays M for Alina Condo in Boca Raton
Business

Daniel Shooster Pays $6M for Alina Condo in Boca Raton

March 30, 2022March 30, 2022

Alina Residences at 200 Southeast Mizner Boulevard in Boca Raton (Alina Residences, iStock) The former owner of the Festival Flea Market bought a condo at

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Justise Winslow Sells Miami Home to Miura Cigars Owners
Business

Justise Winslow Sells Miami Home to Miura Cigars Owners

March 30, 2022March 30, 2022

Former Miami Heat’s Justise Winslow with 506 Sunset Drive (Getty, iStock) Former Miami Heat player Justise Winslow sold his Coral Gables home for a big

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