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Tag: development

Billionaire Bill Malhotra plans 220-room hotel in Pompano Beach
Business

Billionaire Bill Malhotra plans 220-room hotel in Pompano Beach

August 14, 2024August 14, 2024

Claridge Homes, a Canadian real estate development company led by billionaire Bill Malhotra, plans to build a 15-story, 220-room Courtyard by Marriott hotel near the

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Developer lands M construction loan for Hallandale Beach condo tower, as South Florida financing defies nationwide slump 
Business

Developer lands $85M construction loan for Hallandale Beach condo tower, as South Florida financing defies nationwide slump 

August 13, 2024August 13, 2024

Developer Giuseppe Iadisernia scored an $85 million construction loan for a 250-unit Hallandale Beach condo tower.  The deal comes as South Florida construction lending continues

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Trump National Doral seeks approval for 1,500 condos
Business

Trump National Doral seeks approval for 1,500 condos

August 12, 2024August 12, 2024

The Trump Organization is reviving plans to expand Trump National Doral Miami, with up to 1,500 luxury condos and commercial space.  An affiliate of Donald

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The Weekly Dirt: Is Miami’s condo-hotel boom a bust for buyers in the long run?
Business

The Weekly Dirt: Is Miami’s condo-hotel boom a bust for buyers in the long run?

August 11, 2024August 11, 2024

Developers have fully embraced short-term rental-friendly condos, thanks to strong demand from buyers.  The huge pipeline of these projects, most of which are rebranded condo-hotels,

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Judge dismisses sex abuse lawsuit against Palm Beach developer
Business

Judge dismisses sex abuse lawsuit against Palm Beach developer

August 9, 2024August 9, 2024

A Palm Beach County judge threw out a lawsuit that alleged developer E. Llwyd Ecclestone Jr. sexually molested his daughter when she was a child. 

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Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails
Business

Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails

August 8, 2024August 8, 2024

Daniel Motha played an integral role helping Rishi Kapoor establish Location Ventures. Now, Motha is fighting the U.S. Securities & Exchange Commission’s efforts to pry

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Related plans 316-unit public housing project near West Little River, as developers continue to bet on affordable rentals  
Business

Related plans 316-unit public housing project near West Little River, as developers continue to bet on affordable rentals  

August 8, 2024August 8, 2024

Related Group’s affordable housing division proposes a 316-unit public housing project near West Little River, marking an expansion of the firm’s previously planned project on

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“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered
Business

“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered

August 8, 2024August 8, 2024

Condo developers in Miami have re-discovered the condo-hotel, and buyers are eating it up. But they may be disappointed with their returns once their units

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Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline
Business

Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline

August 7, 2024August 7, 2024

Mill Creek Residential scaled back the second phase of its Modera Aventura multifamily project, nearly halving the building plans.  The Boca Raton-based firm now proposes

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Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project
Business

Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project

August 7, 2024August 7, 2024

Four years after scoring a key approval for the redevelopment of North Miami Beach’s Intracoastal Mall, Dezer Development is taking the next step. Sunny Isles

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