
Buyer revealed: David Simkins dropped record $16M on waterfront Morningside house
Paper products heir David Simkins is revealed as the buyer of a record $16 million waterfront home in Miami’s Morningside neighborhood, The Real Deal has learned. Simkins bought the waterfront house at 5725 North Bayshore Drive from Mango’s Tropical Café owner David Wallack, sources confirmed. Jill

Investors sue Vlad Doronin’s OKO over stalled apartment project in downtown Fort Lauderdale
Vlad Doronin’s OKO Group was hit with a lawsuit over its stalled 251-unit apartment project in downtown Fort Lauderdale. More than 40 investors in OKO’s planned 34-story One River tower say that the developer has failed to advance any “meaningful construction” and is yet to secure a general contrac

August Housing Starts Slip Amid Cost Challenges
U.S. housing starts fell 8.5% as affordability slowed single-family construction, but lower interest rates may boost future building.
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