International Polo Club sold for $72M

Mark Bellissimo’s previously announced purchase of the International Polo Club in Wellington closed, with the pricing coming in at $72 million. Isla Carroll Farms and ICF West, both part of a family trust controlled by John Goodman, sold the 248-acre equestrian property at 3665 and 3667 120th Avenue South, 12560, 12580, 12600 and 12800 35th…

Miami-Dade home prices pick up in March: report

A December 2011 photo of the Miami skyline (Credit: John Spade) Prices in Miami-Dade County’s residential market continued growing in March, according to a newly released report. Real estate analytics company CoreLogic looked at all Miami-Dade home sales in March and compared their prices to those sold in March 2015. The report found prices rose…

Inside the ownership structure of 111 West 57th St.

From left: PMG’s Kevin Maloney, the partial ownership structure of 111 West 57th Street and JDS’ Michael Stern From the New York website: Who really owns the city’s biggest development projects? It’s a question that has stumped industry observers for years, as investors typically operate from behind LLCs and ownership stakes are closely-guarded secrets. On…