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Category: Business

Berkshire Residential Pays 2.5M for Jupiter Apartments
Business

Berkshire Residential Pays $202.5M for Jupiter Apartments

April 7, 2022April 7, 2022

From left: Maury Tognarelli (seller), CEO of Heitman, and David Olney (buyer), CEO, Berkshire Residential Investment, in front of The Sophia at Abacoa apartment complex

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Prospect Pays M For Flagler Village Rentals Dev Site
Business

Prospect Pays $11M For Flagler Village Rentals Dev Site

April 7, 2022April 7, 2022

renderings of the Advantis Station at Flagler Village project in Fort Lauderdale (Prospect Real Estate Group) Prospect Real Estate Group bought a multifamily development site

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Easton Group Paid M For Hollywood Truck Yard
Business

Easton Group Paid $14M For Hollywood Truck Yard

April 7, 2022April 7, 2022

the truck terminal at 3811 Pembroke Road in Hollywood (The Easton Group) The Easton Group hitched a vacant truck yard in Hollywood to the company’s

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Tighter Condo Lending Leads to Canceled Deals
Business

Tighter Condo Lending Leads to Canceled Deals

April 7, 2022April 7, 2022

Frank Simone and Christina Pappas with the Miami skyline (Getty images) Condo associations and property management firms are refusing to comply with new lending standards

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New Suit Filed Over Ugo Colombo’s Grove Isle Condo Project
Business

New Suit Filed Over Ugo Colombo’s Grove Isle Condo Project

April 6, 2022April 6, 2022

CMC Group’s Ugo Colombo and a rendering of Vita at Grove Isle (Photos via Vita at Grove Isle) A group of residents sued the city

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Fort Lauderdale Leases Bahia Mar to Tates Up to 100 Years
Business

Fort Lauderdale Leases Bahia Mar to Tates Up to 100 Years

April 6, 2022April 6, 2022

Jimmy and Kenny Tate with Bahia Mar (Fort Lauderdale, Google Maps) After years of wrangling, Fort Lauderdale commissioners voted to lease the city-owned Bahia Mar

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Vivian Dimond, Partners Buy Ross Lincoln Road Building
Business

Vivian Dimond, Partners Buy Ross Lincoln Road Building

April 6, 2022April 6, 2022

Vivian Dimond with 230 Lincoln Road (iStock) Developer Vivian Dimond and her partners acquired a retail building on Lincoln Road from the property’s lender for

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Suffolk Sued for Allegedly Bilking PortMiami Subcontractor
Business

Suffolk Sued for Allegedly Bilking PortMiami Subcontractor

April 6, 2022April 6, 2022

Suffolk Construction’s CEO and chairman John Fish in front of 905 South America Way (Getty Images, Virgin Voyages, iStock/Illustration by Steven Dilakian for The Real

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Andrew Mirmelli And Partner Pay M For Miami Beach Garage
Business

Andrew Mirmelli And Partner Pay $20M For Miami Beach Garage

April 6, 2022April 6, 2022

Andrew Mirmelli and parking garage at 237 20th Street (Google Maps, Getty Images) Miami Beach parking mogul Andrew Mirmelli is scaling up his operations with

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DiamondRock Hospitality Paid M For Fort Lauderdale Hotel
Business

DiamondRock Hospitality Paid $19M For Fort Lauderdale Hotel

April 6, 2022April 14, 2022

DiamondRock Hospitality President and CEO Mark Brugger and the Kimpton Goodland Fort Lauderdale Beach at 2900 Riomar Street (Google Maps) DiamondRock Hospitality added a second

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