“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. What do a legendary movie
Category: Business
Meet the Frisbies, Palm Beach’s homegrown real estate dynasty
The real estate industry is no stranger to dynastic rule. For as long as real estate has been a business, it’s been a family business.
Related and Macklowe plan to brand North Bay Village condo project as Ritz-Carlton
Another major brand is joining the growing pipeline of luxury condo developments in North Bay Village. Coconut Grove-based Related Group and New York-based Macklowe Properties
Commercial condo association seeks $650K from Location Ventures’ receiver
A Coconut Grove commercial condo association wants the court-appointed receiver for disgraced developer Rishi Kapoor’s defunct firm to cough up $650,000 in maintenance fees. It’s
Penn-Florida sells assisted living dev site in Boca Raton for $27M, resolves foreclosure suit
Facing foreclosure on its development site in Boca Raton, Penn-Florida Companies sold the 1-acre lot previously planned for an assisted living facility for $27 million.
Miami Beach Mayor Steven Meiner’s PAC racks up real estate, hospitality donations
Steven Meiner rode into the Miami Beach mayor’s office in 2023 after beating his former city commission colleague, Michael Gongora, in a run-off. Meiner made
Miami market pivots: Where does your business go from here?
Miami market pivots: Where does your business go from here? Miami’s real estate market is approaching a critical point. High interest rates have stalled or
Terra, Frisbie scale back controversial One Boca megaproject proposal
Terra and Frisbie Group presented a scaled back plan for their proposed One Boca megaproject in Boca Raton, slashing the housing and office components in
13th Floor, partners score $139M refi for 420-unit apartment complex in Delray Beach
13th Floor Investments and its partners scored a $139 million refinancing for a 420-unit apartment complex in Delray Beach, amid a continuing lending flurry in
Sotherly defaults on DoubleTree Hollywood’s $49M loan
Sotherly Hotels defaulted on its $49.2 million loan on a Hollywood resort near the ocean. The debt on the 10-story DoubleTree Resort by Hilton Hollywood