Brandywine Centre I in West Palm Beach, with office and restaurant space, sold for $10.8 million — a 54 percent gain from its trade two years ago. G&C Brandywine Investors, managed by Anuj Grover and Mark Corlew in Pompano Beach, sold the property at 580 and 600 Village Blvd. to Coral Gables-based KAS Partners, managed…
The site of a proposed condo along the Intracoastal Waterway in West Palm Beach was sold for $24 million, although the seller retained an interest in the new ownership group. Located at 1515 S. Flagler Drive, the 2.4-acre site could be developed as a 84-unit condo. Terrace Mountain Investors III, managed by Frank Trabold in…
The properties Goldman sold, a proposed rendering (Credit: The Next Miami) and Jessica Goldman Srebnik Goldman Properties has sold a development site along Northwest Second Avenue in Wynwood to RedSky Capital and JZ Capital Partners for $30.75 million, or about $565 per square foot. Records show affiliates of Goldman sold the contiguous 1.25 acres of…
Companies affiliated with Goldman Properties sold land in Miami’s Wynwood neighborhood for $30.75 million to an active New York investor. Miami Beach-based Goldman Properties, led by Jessica Goldman Srebnick and Joe Furst, is one of the longest-running investors and developers in Wynwood. By bringing artists into the neighborhood, they helped make it a popular tourist…
SOURCE: Metrostudy Rank Company / Prior (*Not ranked in 2015) / URL June 2016 starts June 2015 starts June 2016 closings Price range of homes built Notable developments 1 Lennar Corp., 700 N.W. 107th Ave., Miami, FL 33172, 305-559-4000, lennar.com 2122 1956 2063 72000 – 980000 Silverwood Estates, Chelsea Place, Artesa Estates 2 D.R. Horton,…
In 2007, when Randall Vitale bought his townhome in the then-fledgling area north of downtown Fort Lauderdale called Flagler Village, he was taking a leap of faith. Little significant development had occurred. But he had a hunch. All that open land just north of downtown wouldn’t stay vacant for long. He was right. “It was…
When Jan Bednar won the Florida Atlantic University Business Plan Competition, and later a similar event with the state of Florida, little did he know his business model would be a harbinger of things to come for the state’s warehouse space sector. In December, he signed his first lease for 15,000 square feet in Pompano…
Before the Melo Group became synonymous with Miami’s Edgewater neighborhood and spearheaded the relaunch of the city’s condo boom, family patriarch Jose Luis Ferreira de Melo learned a valuable lesson in a factory in Argentina. He started working at age 13 after his father got sick and he needed to support his sister and mother.…
Commercial real estate lending in South Florida recovered slightly in August, with the proportion of loan delinquencies dropping ever so slightly, according to data released Wednesday by Trepp. There were approximately $410 million in 30-days or more delinquent loans in August in South Florida, or 3.89 percent of the total amount of commercial real estate…
The Forum Aventura office condo project has broken ground just west of the Aventura Mall. The 12-story, 95,000-square-foot project at 19790 West Dixie Highway is under development by CK Prive Group, a joint venture between Prive Land Banking and CK Holding Group, and H&M Development. It was designed by Arquitectonica with landscape architecture by Roberto…