RSS “The Real Deal”
- Florida laws clear path for 38-story tower on site of South Beach’s historic Savoy Hotel September 16, 2026A slice of historic Art Deco architecture in Miami Beach’s South of Fifth neighborhood is slated for replacement with a 38-story residential tower under a pair of controversial state laws. Allied Partners wants to develop the project with a hotel, 90 condo units and 60 workforce rental apartments on the site of the Savoy Hotel […]
- Lilly Pulitzer’s former estate tops Palm Beach County luxury contracts September 16, 2026Joan Granlund found a buyer for a Palm Beach estate she bought from the fashion designer Lilly Pulitzer, topping the week’s luxury contracts with an asking price of $42.5 million. Palm Beach County buyers signed 15 luxury residential contracts between Sept. 7 and Sept. 13, according to Douglas Elliman’s Eklund Gomes team, which tracks all […]
- Facing piling lender suits, Torrealba selling stake in North Bay Village site to Prosper September 16, 2026Embattled developer Alirio Torrealba, who is facing piling lawsuits by his lenders, is selling his stake in a bayfront condo development site to Prosper Group, The Real Deal has learned. Torrealba’s Coral Gables-based MG Developer has come under fire in recent months by financiers claiming the firm defaulted on its debts. The eighth and latest […]
- Bugatti to brand Brickell condo tower along the Miami River September 15, 2026French hypercarmaker Bugatti is entering the branded residences race in Miami, The Real Deal has learned. Bugatti will brand Prosper Group and Versluys Group’s planned tower at 75 Southwest Miami Avenue Road, according to sources. The developers paid $50 million for the 1-acre property in August, a year and a half after putting the site […]
- Resi Roundup: Private equity exec sells Palm Beach lot for $20M September 15, 2026Private equity executive E. Burke Ross Jr. sold his non-waterfront Palm Beach lot for $19.9 million, more than four times what he paid in 2014. That’s one of the major residential sales and listings in Palm Beach County recently. DRI Fund’s Steven Kirsch is asking for $74.9 million on his oceanfront Palm Beach mansion. And […]
