Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to
Category: Business
$18M waterfront Miami Beach house tops signed contracts
A nearly $18 million waterfront house in Miami Beach secured a buyer, topping last week’s signed contracts report. Twenty-one contracts were marked in the Multiple
Aby Rosen pulls another office building back from the brink
After a rough close to 2024, Aby Rosen is starting 2025 on a financing hot streak. RFR Holding recapitalized 475 Fifth Avenue in Midtown Manhattan
Lease roundup: Monarch, Tourmaline score Eastdil, Varonis and other office tenants in Brickell
Varonis, Eastdil Secured, more | Brickell Monarch Alternative Capital and Tourmaline Capital Partners scored five new leases and two renewals at their Brickell office tower.
Movers & Shakers: Elliman taps new development marketing VP
Douglas Elliman tapped Drew Backoff as its vice president of marketing for new development, according to a press release. As part of his role, Backoff
The Weekly Dirt: Flip side of the Trump bump
President Trump’s tariff threats and immigration policies will likely hit the construction industry. Though few South Florida developers want to talk about it (at least
Mexican mogul drops $18M on Aston Martin condo in Brickell
Mexican industrial magnate Luis Castelazo bought a condo at Aston Martin Residences in Miami’s Brickell neighborhood for $18 million. Records show Castelazo’s First Aston LLC,
Self-storage facility owner backed by Easton faces $22M foreclosure
A self-storage facility owner backed by Doral-based Easton Group is in danger of losing a seven-story warehouse in Miami’s Allapattah tied to a $22.1 million
Karltons set Allison Island record with $32M sale of waterfront spec mansion
Karlton Companies sold a waterfront spec mansion for $31.5 million, marking a record for Allison Island in Miami Beach. An affiliate of the company sold
Edgewater dev site in Miami hits market for $32M, as partners abandon plans for mixed-use tower
A group of developers are scrapping plans for a mixed-use tower in Miami’s Edgewater and are listing the site with an asking price of $32