Russell Galbut and his partners in Galleria Fort Lauderdale tapped new leadership to oversee the mall as they pursue a major redevelopment. Jim Heilmann joined
Category: Business
The Weekly Dirt: Condo sellers far outnumber buyers in Florida’s top metros
The gap between condo sellers and buyers in Miami is huge. A Redfin report found that in August, Miami had nearly 11,500 condo listings and
Billionaire Ken Griffin proposes private megayacht marina on Miami Beach’s Terminal Island
Billionaire Ken Griffin, who owns well over $1 billion of South Florida residential and commercial real estate, wants to open a private megayacht marina in
Jeff Greene sues West Palm Beach to force approval for stalled condos
Billionaire developer Jeff Greene filed suit against West Palm Beach, alleging the city has improperly stalled approvals for his planned luxury condominiums. The developer said
Affiliated launches $250M fund for mixed-income multifamily projects
Affiliated Development is looking to raise $250 million to provide equity capital for mixed-income multifamily projects across Florida. Fort Lauderdale-based Affiliated, led by Nick Rojo
Midtown Capital advances plan under Live Local for 300-unit apartment building in Plantation
Midtown Capital Partners advanced its plan to build 300 apartments, including 60 affordable housing units, on a parking lot at a Plantation office park, under
Cofe beefs up South Florida industrial portfolio with $27M acquisition
Cofe Properties expanded its Miami-Dade industrial portfolio, purchasing two warehouse complexes in northwest Miami-Dade County for $26.8 million. An affiliate of Miami-based Cofe, led by
South Florida stumbles, New York booms in second quarter luxury resi sales
Luxury home sales in the world’s top real estate markets were a mixed bag in the second quarter of this year. Sales of homes priced
Alden Global Capital-linked LLC sells waterfront Sunset Islands home for $25M
A company tied to the multibillion-dollar “vulture” hedge fund Alden Global Capital sold a waterfront home on the Sunset Islands for $25 million. Property records
Jailed fraudster sells waterfront Golden Beach home for $17M
Johnny Grobman, a convicted fraudster currently serving an 18-year prison sentence, sold his waterfront Golden Beach home for $16.6 million. That’s down from the $20.9