Condo Development

The seller held the unit about 21 months. The buyer used a New York address.

City records show the sale closed July 29, with the lender and loan sizes on file before any building application.

The buyer is a new LLC at the unit's own address, and the record shows a $0 deed back to the condo board of managers on the same day.

City permits show the old nursing and retail buildings came down permits-first in late 2024. The financing followed.

Dacy Business Park in Kyle began four more buildings on Oct. 1, per Community Impact. A 2024 state filing covers civil work at the site.

Hollywood voted 6-1 for Related's 30-story Portofino condo tower on a city-owned beach site under a 99-year lease. A pending lawsuit could still unwind it.

TYKO Capital lent Terra $507M for 1250 West Avenue, a 28-story, 106-home Miami Beach bayfront condo: about $4.8M of debt per home, before sales open.

Residents of two Miami Beach condo buildings spent days without elevators and power after king tide flooding. Repair costs and timelines remain undisclosed.

The sale they say collapsed was priced $2.17M, or 47%, above the 2015 deed in the public record.

A 1969 South Beach condo lost both elevators to the Sept. 27 flood. Residents in their 80s were stuck upstairs for more than a week.

The sponsor bought the whole Methodist church for $5.65M in 2005. One penthouse in it sold for $6M three years later.

An 84-unit West Palm Beach condo community sold out of Chapter 11 for $13.5M, Woodfield reported as top bidder, against $1.4M+ in unpaid water bills.

A stalled 6-unit waterfront condo build at 10 S Shore Dr in North Beach heads to a Miami-Dade foreclosure auction Oct. 27 on a $6.03M judgment.

SME Capital financed a $58M construction loan for The Lincoln, a 48-residence boutique condo at 2650 Lincoln Ave in Coconut Grove, more than 40% sold.

RFR Holding bought the Prada-anchored retail condo at 841 Madison Avenue for $57M, about 11% above the $51.4M the seller paid in 2010.

Swire Properties is self-financing two Brickell Key towers with asset sales and buyer deposits after presaling $1.7B of Mandarin Oriental condos.

Related Group and Alta Developers delivered the 56-story Casa Bella at 1400 Biscayne with closings underway; the city permit shows 319 units.

The tax targets homes over $5M and condos and co-ops over $1M, and the city projects at least $500M a year.

Kolter Group and BH Group hold 163 of 172 units at Port Royale, 6969 Collins Ave, for $61.6M, with Wells Fargo financing now $83.2M and nine holdouts left.

Compson Associates plans 157 condos on two office-zoned lots in Boca's Park at Broken Sound, racing a 2,500-unit residential cap set in 2012.

Steve Wynn and Wilbur Ross sued the state over tax surcharges on their Manhattan homes, as a Staten Island judge ordered the city to cancel its notices.

Miami issued a $37.7M new-construction permit on Sept. 14 for The Lincoln, the 48-unit, eight-story Coconut Grove condo at 3151 SW 27th Ave.

Fortune International Group and Blue Road finished the 16-story, 254-unit Nexo at 13899 Biscayne Blvd, over 90% sold, with a short-term-rental model.

A rigging cord snapped on a swing stage at the twin-tower Miami River condo complex, stranding two workers before their own crew pulled them in.

The proposed loan would rank among the largest construction financings in U.S. history, a bet on luxury Manhattan condo demand at the top of the market.

Miami Beach's land use committee voted 2-1 to advance Ken Griffin's helipad plan over objections from eight condo towers near his Terminal Island marina.

NYC property records show the two-bedroom went to Wynn in a 2010 deed tied to her divorce settlement, the only recorded transfer of the unit on file.

The 2024 deed for unit 26B at The Olympia was recorded to a Flynn Family Office trust rather than Jonas's own name, standard cover for a celebrity buyer.

City records show the ground-floor retail condominium has stayed with the same landlord since the building converted, financed through Apple Bank since a 2017 refinancing.

City property trackers put the closing at $25.7 million for the ground-floor condo space, folded into a $40 million capital campaign that already has Miranda's family and $19 million of public money behind it.

A blue-collar fishing town is now selling penthouses for more than most South Florida houses cost to build.

Thor Equities and Premier Equities recorded a $40M debt package with Webster Bank on their SoHo retail condo at 470 Broome Street, 89% of their 2015 buy price.

Two developers who sued each other over a condo tower settled it by trading land instead.

A filing at 7922 and 7925-7931 East Drive would put two towers over 450 feet on a Biscayne Bay island town best known for low-rise lots.

Related Group sold the 15,000-square-foot Casa Tua Cucina retail space at NoMad Wynwood for $33M, carrying a $26M seller mortgage on the buyer's LLC.

Rieber Developments and Berca Development Group start pre-construction on the 58,000-square-foot Prime Square Doral, already 60% sold as commercial condos.

Edgewood Capital wrote a $27.9M refinance on Latitude Group's 22-unit Terraces condo tower in Fort Lauderdale Beach, replacing a $24.5M construction loan.

The eighth creditor suit against MG Developer surfaced the sale price for the North Bay Village site, as Alirio Torrealba's firm exits its own condo project.

A full-floor penthouse at Zaha Hadid's One Thousand Museum in Park West sold for $21.9 million, seller Karlovy Properties LLC named in the deal.

The loan left the CW Capital serviced trust in April 2025 and was pledged to Axos Bank in June, five months before the gavel.

The hypercar maker's first U.S. branded condo tower lands on one of Brickell's last waterfront parcels.

The building is also a leasehold condominium, not a fee interest, which is the fact that sets the floor under any bid.

The Beach Point entity that took the deed from Chetrit in April 2025 sold the building a month later, and a $71,010,778 mortgage back to Beach Point recorded the same day.

We counted the collateral schedule on two recordings of the same mortgage, which turns a lender's paperwork into a live closings counter.

A $347.2M master building permit was issued at 8777 Collins Ave in Surfside for a building larger than DAMAC's previously announced project.

Two lender letters set new financing gates for the country's most condo-heavy market.

BH Group and Kolter Urban, both South Florida sponsors, secured $197M in construction financing for a 12-unit ultra-luxury condo on Naples beachfront.

Mast Capital's Cipriani Residences Miami priced two Brickell penthouses at $33M and $19.8M, setting a fresh top-of-market psf mark.

BEKO Equities pushed its $295M Portofino South buyout deadline to Nov. 3 as holdouts resist the near-unanimous buy-in Florida condo law requires.

Lore Development Group and Element Development secured a $58M construction loan for The Lincoln, their 48-unit Coconut Grove condo, trade reports say.

Two Roads paid $50M to settle a 4-year holdout fight over its Biscayne 21 buyout in Edgewater, court records show.

Florida Division of Corporations records tie the buyer entity to a Hallandale Beach attorney and consultant, corroborating the building's highest sale on record.

County permit records and Florida corporate filings put a name and a number on Related Group's ownership stake at 6 Fisher Island Drive.

The loan funds a for-sale townhome and outparcel retail project at SW 144th Avenue and Coral Way, a bet that West Kendall's for-sale product still pencils.

Coverage of the milestone put a $226M price on the whole project. Our own permit wire says that figure covers one of the two towers, not both.

The Quito developer moves from land closing to sales center in five weeks, testing what a $515-a-foot Wynwood basis can carry.

Newmark arranged the loan, structured alongside condo deposits and equity as the project's only capital, an unusual stack for a 333-unit tower.

The buyout price wasn't disclosed, but the Miami-Dade docket shows exactly what it took to break the impasse: a repair order, a lost appeal, and a denied Supreme Court review.

The site is still zoned for its 1959 low-rise, but Urbania paid $21 million for it and wants 339 feet in its place.

The loan follows Integra's $73 million purchase of the Huizenga family's West Palm Beach marina last month and carries entitlements for four condo towers.

Compass takes over marketing the final residences at the 28-story tower as the wider 50-acre Metropica site restarts after a pandemic-era stall.

A Davie millwork subcontractor says it is still owed six figures on the amenities package, the second contractor dispute to hit the delivering condo this summer.

The scaled-back condo plan keeps the tenanted building along Wilton Drive standing while replacing the parcel's underused east-side structure.

A two-year sheriff's probe accuses a property manager and five others of draining association accounts. For anyone buying or lending on South Florida condo stock, it is a new line item to check first.

The developer is still unnamed. The land, and the math that unlocks it, are not.

Kolter Urban and Perko priced a 10,190-square-foot Maison d'Or penthouse at $39.7M, about $3,895/sf, above much of West Palm's Flagler corridor.

A completed, closing, 85%-sold tower is a live data point for anyone underwriting condo in south Broward.

A buyer with no retail track record wrote a nine-figure-adjacent check for a Doral shopping center, a signal that grocery anchors are pulling capital from outside the sector even as SoFla office and condo distress dominates headlines.

The county's own record puts a nine-figure number on the vertical phase of a 57-story Edgewater tower, filed under an entity our records already tie to Grupo T&C.

Justice Andrew Borrok's temporary order buys Penn-Florida time on the Mandarin Oriental Boca Raton condo tower, but the underlying mortgage foreclosure keeps running in Palm Beach County.

Unit S-1003 traded all-cash for nearly triple the price per foot of other Miami-Dade luxury condo contracts signed the same week.

Allen Morris unveiled Meyer Davis's amenity program at Ponce Park in Coral Gables, the design detail behind the tower's pre-close sales push.

The eight-story project is the third disclosed Coconut Grove groundbreaking or delivery in three days, evidence the neighborhood's small-site pipeline is running hot.

Alta Developers sold off the last big retail block at its 2019 Biscayne Boulevard tower to a Hollywood-based shopping center buyer.

A Miami luxury developer imports a hospitality brand from Brickell's playbook and plants it in downtown West Palm Beach first.

The delivered 45-unit condo is a hard data point on pricing power for Grove product, not a developer's estimate.

Mezzanine debt to finish a condo tower mid-construction is what the South Florida capital stack costs right now.

A direct read of all 35 folios at Wynwood Lofts shows a unit-by-unit buyout that outran the paperwork used to spot condo assemblages, with one holdout unit standing between the group and full control.

A neighborhood developers were still buying block by block a year ago now has eight residential towers in the pipeline, and the land basis is moving to match.

A court record confirms the suit, filed Aug. 14, and shows plaintiffs moved for a preliminary injunction three days later.

The country's largest luxury for-sale builder posted a delivery-versus-contract split that reads as demand holding, not breaking, even as margin compressed.

A New York judge has already blocked the lender's UCC auction once, with a hearing set for October 1.

A KBRA presale report puts a hard leverage number on a large SFR portfolio clearing the securitization market, useful math for anyone with 2026 debt coming due.

El-Ad says summer momentum pushed Alina past $90 million this year. The county's own deed record shows a lower number, and a closing date that predates the claim.

The 25-story Clear Lake tower moved past $125 million in sales before its groundbreaking cleared the ground floor.

The city's Aug. 11 cease-and-desist letter accuses a 43-story Brickell tower of running as an unlicensed hotel, a warning shot for condo-as-rental underwriting.

A single-family builder just got a Broward city to sign off on high-rise rentals, and that is the density test other sponsors will point to next.

Harvey Hernandez's Newgard Group is trading condo towers for car garages, and paying a big premium to do it in West Palm Beach.

An aviation executive paid $19M for a Surf Club Four Seasons unit in Surfside as a $31.5M ask topped Miami-Dade's weekly luxury contracts.

Related Group and BH Group have pulled the tower cranes at the $700M+ Residences at Six Fisher Island as podium, amenity deck and pool work advance.

A roofing supplier filed a $76,249.87 lien suit against the recreation tract at Palm Greens, a Delray Beach condo association already in Chapter 11.

Turnberry Isle condo owners sue Jeffrey Soffer's YCM and Aventura, alleging a 2023 ordinance redefined site size to dodge a required owner vote.

Dezer Development's 62-story Bentley Residences has reached 13 stories in Sunny Isles Beach, even as Miami-Dade's tax roll still lists the site as vacant land.

The Brooklyn-based developer is self-performing as general contractor on a site it bought for $27 million in 2021, targeting a 2028 delivery.

LD&D and ONE Capital say Surf Row Residences is 50% sold in Surfside, after the project was downsized from eight $5M-plus townhomes to 24 condos in 2024.

Belgium's Versluys Group joins Miami's Prosper Group on a $50 million Brickell River assemblage, planning a 60-story, 181-unit tower worth $650 million.

Every conventional condo loan now needs a full look at the association's finances, no more shortcut for buyers with bigger down payments.

The South End's first new condo project to reach the building stage in two decades goes to market with units priced past $40 million.

The developer and the building's own homeowners association are now on the same side of a filed complaint against the general contractor.

Kempinski's US debut gets its interiors. The land underneath it traded for $33.6 million two years before pricing opened above $1.5 million a unit.

A 670-unit condo priced from the $450,000s is a bet that stadium-adjacent Miami Gardens, not the coastal corridor, is where the next wave of SoFla buyers gets housed.

The lawsuit accuses the New York lender, which took the tower via a 2024 UCC foreclosure, of diverting dues and letting concrete and waterproofing failures go unaddressed.

Mana Common spent $33M in 10 days on downtown Miami's Historic Post Office and 23 One Flagler condo units, growing an 80-plus-building portfolio.

A New York family agreed to pay $47M for a penthouse at the 50-story St. Regis Residences in Brickell, a tower that will not be finished until late 2027.

The 62-story South Tower's 10,000-cubic-yard mat pour is the schedule marker that calls vertical trades to the Sunny Isles Beach site.

The county's own parcel record still codes the 1.49-acre site as vacant land, even with a tower standing on it.

Two master permits, one folio, two general contractors. The tightest vertical spend per acre in Miami-Dade right now.

The loan did not clear on the sponsor's name. It cleared on a presale book that was functionally sold out before a shovel moved.

Koch money is showing up in Keys hospitality, and the exit is a villa sale, not a room night.

Brickell's supertall era clears a structural milestone, and the pre-sales say the luxury demand behind it is real, not speculative.

A developer and its general contractor are now fighting in court over a nine-figure condo, and the fault line is a lift station and a lien.

The condo owners terminated the association first, then the building sold whole. Deconversion is becoming a repeatable acquisition strategy in Palm Beach County.

The Design District has never had a condo to sell. The first ask sets the neighborhood's opening number at more than $3,300 a foot.

Another Silicon Valley name plants a flag in Coconut Grove. The migration is still the strongest tailwind under the Grove's prices.

The family that built West Palm's superyacht marina just sold it to its own development partner. The entitlement is 2.6M sq ft.

The pitch is not luxury. It is a new-construction condo priced below the median existing house.

The permit that had been under review since December 2023 is now issued. Brickell Key's biggest bet can go vertical.

Rockwell Group interiors, Arquitectonica towers, and a European hotel brand's first US residential bet, all on Biscayne Boulevard.

Two more ultra-luxury towers clear the design board, a sign the Edgewater and Brickell branded-condo bid is still building.

A $3,700-per-foot presale on the river tells developers the luxury bid has moved off the beach and onto Miami's western waterfront.

Fifteen straight months of weak sentiment and record incentive use reset what builders will pay for land and lots.

The product is the story: fully furnished, short-term-rental-ready condos aimed at buyers who want to rent by the night.

A nine-figure loan on a 112-unit beachfront condo shows for-sale capital is still flowing to the right Jersey Shore address.

In one of the country's hottest condo submarkets, the entitlement clock just became the deal.

Florida's milestone-inspection data has stopped describing a statewide problem and started describing a Miami-Dade one.

Coral Gables keeps drawing ultra-luxury vertical, and this one already has its construction loan closed.

Kolter's methodical, block-by-block buying is the playbook for entitling an oceanfront tower where no single seller controls the land.

Office-to-resi gets the headlines, but the sharper conversion math is often in oddball assets.

The small-format for-sale bet on downtown's north edge is now cleared to build.

The joint venture cleared the last units on a Collins Avenue block it wants to redevelop into an ultra-low-density luxury condo.

The recommendation clears one hurdle for a condo-hotel that would add height and floor area to a Collins Avenue landmark closed since 2017.

The Toledano-led partnership takes full control of a site Related assembled for $51M in 2022.

The rebrand moves the oceanfront property from Marriott's W flag to Hilton's luxury banner two years after a $400M-plus purchase.

Wedged between Miami and Fort Lauderdale, the small Broward city has become a spillover magnet for South Florida capital.