A company tied to Enrique Iglesias added to his and his partner, retired tennis star Anna Kournikova’s compound in Miami’s Bay Point.  Records show an entity led by Iglesias’ financial manager, Juan Carlos Sanchez, paid $6.5 million for the 4,350-square-foot, five-bedroom, four-and-a-half-bathroom h

Argyle, a service provider automating income and employment verifications, recently announced the availability of verification of assets (VOA) powered by Mastercard’s open finance technology. A release from Argyle says that the expanded offering allows lenders to confirm borrowers’ balances, cash-to

Palm Beach County’s buyers are on summer vacation, and they’re signing fewer contracts for luxury homes. Buyers signed just seven contracts between June 23 and June 29 for luxury properties in Palm Beach County, according to a market report authored by the Eklund-Gomes team at Douglas Elliman. Last

Miami-Dade County’s condo sales and dollar volume plunged last week, following a mid-month market surge.  Brokers closed 84 condo sales totaling $60.1 million from June 23 to June 29. The previous week, brokers closed 135 condo sales totaling $122 million.  Last week’s units sold for an average of $

Jon Paul Pérez assumed that he would start working at his father’s company, the Related Group, shortly after graduating from college.  It made sense. He spent summers interning at Related, and though he got good grades, he also enjoyed himself. “It wasn’t like I was focused on figuring out my career

If you want to know if the South Florida housing market is doing okay, a Magic 8 Ball might give you as clear an answer as a panel of local industry experts.  “Without a doubt,” you’ll see one minute. “As I see it, yes.”  “Reply hazy, try again,” comes next. Then: “Don’t count on it.” […]This articl

Those who can’t ball anymore, make it their logo. Raanan Katz loves basketball and shopping centers. But the 89-year-old Israeli-born retail investor is no longer NBA material. Instead, up and down Collins Avenue in Sunny Isles Beach, his logo’s basketball swishes through a 2-D net on the facades of

Developer Michael Stern’s JDS Development Group notched a major win with the upzoning of a property in South Beach, where he plans a bayfront luxury condo tower next to the Monad Terrace project he built.  Miami Beach commissioners on Friday granted final approval to zoning amendments and a developm

Terra and Frisbie Group paid $20.9 million for a Palm Beach Kennel Club site planned for a 400-unit apartment complex, marking the first phase of their redevelopment of the former dog track.  Coconut Grove-based Terra, led by David Martin, and Palm Beach-based Frisbie bought a 16-acre site at the ke

Miami Beach commissioners granted final approvals to the Meruelo family and David Martin for the Deauville Beach Resort property, concluding a long and controversial effort to redevelop the oceanfront site.  The approvals came at the end of a five-hour special meeting held on Friday to address the D

Out-of-state retirement home operator Garden Healthcare took its first dip into South Florida, acquiring a Miami-Dade County facility for $24 million. Two affiliates of Columbus, Ohio-based Garden Healthcare, led by Barry Braunstein and Samuel Feuer, acquired the 66-acre Eastridge at Cutler Bay at 1

A private equity investor found a buyer for his condo asking $19.8 million at the Four Seasons-branded development in Surfside, leading the Eklund-Gomes report.  Buyers signed 14 contracts for luxury properties in Miami-Dade County between June 23 and June 29, according to the report, which tracks l

NUC University Florida Technical College | Cutler Bay  A private for-profit university will consolidate its Southland Mall facilities into a new campus at the planned redevelopment of the Cutler Bay mall.  NUC University Florida Technical College, which is accredited, leased 30,000 square feet at El

In the latest roundup of South Florida real estate hiring news, one firm announces its succession plans following the death of its founder.  Aventura-based Meyers Group tapped its president and COO Alan Losada as its CEO, following the death of founder Stuart Irwin Meyers earlier this month, accordi

We’ve seen the memes, the “Scarface” video and the tweets.  Zohran Mamdani’s win of the Democratic primary mayoral race in New York last week prompted developers, brokers and politicians in Florida to… gloat.  (For those interested, a scene from “Scarface” showing an electronic dollar bill counter s

An embattled Pembroke Pines condo complex in receivership hit the market.  Heron Pond, consisting of 19 two-story lakefront buildings with 304 units at 8400 Southwest First Street, was evacuated last August following monthslong concerns over its structural integrity and unsafe structure notices from

Two private equity executives sold their Palm Beach home for $17.9 million, down from its $28.5 million listing price last year. J. Richard Knop and Leslee Belluchie sold the home at 110 Wells Road to a trust named for the address, with local attorney Guy Rabideau signing on behalf of the buyer. The

Miami residents spoke against a citywide expansion of transit-oriented zoning incentives at Thursday’s commission meeting, with one member of the public calling it an example of “another money-motivated manipulation at Miami City Hall.”  Commissioners voted on first reading to approve the ordinance,

Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an Indianapolis-based shopping center-focused real estate firm led by David Simon, bought Swire’s majority 75 percent stake in the 500,000-square-foot ope

The star-stunned event boasts a guestlist of some 200 celebrities and business elite, from Ivanka Trump to Usher.