South Florida’s multifamily market felt the pinch of elevated interest rates this year. No single-asset purchase by an institutional investor broke the $200 million threshold,
Category: Business
Movers & Shakers: Colliers taps Boca Raton-based VP
Firms made a flurry of South Florida real estate personnel moves ahead of the holiday season. Colliers brought in Michael Osiecki as a vice president,
The Weekly Dirt: The Feds come knocking for the Alexander brothers
Oren, Tal and Alon Alexander are sitting in jail, days after the FBI arrested the brothers on federal sex trafficking charges. It would be an
Owens Realty, Galium sell Palm Beach Gardens Seacoast building for $30M
Owens Realty Capital and Galium Capital sold the Seacoast Banking Centre building in Palm Beach Gardens for $30.3 million. The deal comes at a time
BREAKING: Construction accident injures three at Fort Partners’ condo site in Surfside
Miami-Dade County Fire Rescue responded to a construction accident that left three workers injured at the Surfside site of a Fort Partners condo project. Two
Loan trouble for Miami Real Housewife and hubby? Lender sues Stephanie and Masoud Shojaee over allegedly unpaid $11M debt
Masoud and Stephanie Shojaee are facing off against an aggressive lender seeking repayment of a $10.5 million loan. On Tuesday, an affiliate of Delaware entity
Midtown Miami developer Jon Samuel heads north, pays $28M for Broward Mall’s shuttered Sears store
Jon Samuel, one of the first developers at Midtown Miami, is venturing into Broward County, acquiring a shuttered Sears store for $28 million. An affiliate
Al Adelson, Morrisons launch sales for Berkeley condos in West Palm Beach
Developer Al Adelson and the Morrison family’s Sympatico Real Estate broke ground and launched sales for their planned West Palm Beach condo project. Shovels hit
Miami Heat’s Jimmy Butler renting waterfront Miami Beach mansion for over $70K
Miami Heat superstar Jimmy Butler is renting a waterfront Miami Beach home for more than $70,000 a month, The Real Deal has learned. Butler, who
K. Hovnanian taking over development of 100 single-family homes at Brian Tuttle’s Royal Palm project
K. Hovnanian Homes will develop 100 single-family homes at Brian Tuttle’s Royal Palm Beach mixed-use project. The Matawan, New Jersey-based homebuilder has a purchase option