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Category: Business

Newly Built AC Hotel in Fort Lauderdale Sells for M
Business

Newly Built AC Hotel in Fort Lauderdale Sells for $74M

February 24, 2022February 24, 2022

Dynamic City’s Joel Sybrowsky and Cory Turner with Fort Lauderdale (Key International, Dynamic City, iStock) A Utah-based hotel firm paid $74.3 million for the just

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AJ Capital Partners Buys Miami Warehouses For M
Business

AJ Capital Partners Buys Miami Warehouses For $14M

February 24, 2022February 24, 2022

AJ Capital Partners founder and CEO Benjamin Weprin and properties at 7133 Northwest Second Court and 7122 Northwest Second Avenue (NorthWestern.edu, Google Maps) In two

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BGI Launches Sales of Alba Palm Beach Condos in West Palm
Business

BGI Launches Sales of Alba Palm Beach Condos in West Palm

February 24, 2022February 24, 2022

Renderings of Alba Palm Beach with Kenneth Baboun BGI Companies kicked off sales of its planned West Palm Beach condo tower, betting on continued demand

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Hedge Funder Paul Saunders Pays M for Highland Beach Manse
Business

Hedge Funder Paul Saunders Pays $35M for Highland Beach Manse

February 24, 2022February 24, 2022

2445 South Ocean Boulevard (Ed Butera/IBI Designs, iStock) Hedge fund manager Paul Saunders and his wife, Victoria Saunders, paid a record $34.7 million for an

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Morgan Group Plans 452-Unit Sunrise Multifamily Project
Business

Morgan Group Plans 452-Unit Sunrise Multifamily Project

February 24, 2022February 24, 2022

Philip Morgan and rendering of Pearl Sunrise (Morgan Group) Morgan Group plans a rental development with 452 units, including 68 with below-market rents, on a

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Grandson of Hudson News Founder Buys Surfside Home
Business

Grandson of Hudson News Founder Buys Surfside Home

February 23, 2022February 23, 2022

(1Oak Studios) An heir to the Hudson News airport store fortune landed in Miami. Robert B. Cohen, a grandson of the founder of Hudson News

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Delray Beach HOA Sues GL Homes Over Construction Defects
Business

Delray Beach HOA Sues GL Homes Over Construction Defects

February 23, 2022February 23, 2022

GL Homes President Misha Ezratti and 9275 Beaujolais Ave in Delray Beach (Ezratti via Lila Photo, Google Maps) Shoddy construction resulted in 80 alleged defects

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Mathieu Massa Buys Miami Beach Development Site for M
Business

Mathieu Massa Buys Miami Beach Development Site for $14M

February 23, 2022February 23, 2022

Mathieu Massa, 427 22nd Street and 2206 Park Avenue (Google Maps, iStock) Developer and restaurateur Mathieu Massa bought a development site in Miami Beach for

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AMLI Residential Pays 4M for Midtown 29 Apartments
Business

AMLI Residential Pays $104M for Midtown 29 Apartments

February 23, 2022February 23, 2022

AMLI Residential’s Gregory Mutz, Mesirow Financial’s Richard Price and Morgan Group’s Philip Morgan with 80 Northeast 29th Street (Showcase, AMLI, Mesirow, Morgan Group) AMLI Residential

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January 2022 Home Sales, Prices Rise in South Florida
Business

January 2022 Home Sales, Prices Rise in South Florida

February 23, 2022February 23, 2022

(iStock) Residential sales and prices continued to climb across South Florida in January, according to reports from the Miami Association of Realtors. Some growth showed

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