
Venture capital investor buys Palm Island teardown next door for $40M
Venture capital investor Ben Ling and his husband, Hedge Labs co-founder Chris Coudron, bought the waterfront teardown next to their Palm Island mansion for $40 million. The couple bought homebuilder Pedro Adrian and his wife Adria Adrian’s home at 145 and 149 Palm Avenue, which was on the market f

Miami Freedom Park redevelopment, West Palm office tower among $370M-plus construction permits for week ending July 8, 2026
🏆 New Building: The largest permit issued was a $193 million new construction permit for 1822 Northwest 37th Avenue in Miami, tied to the redevelopment of Miami Freedom Park near the Miami International Airport, which will include more than 1 million square feet of retail, dining, entertainment and

South Florida’s top deals: Miami medical facility trades for $32M
🏆 Residential: The top residential sale recorded in South Florida was in Palm Beach where a home at 239 Emerald Lane sold for $25 million. Buck House Limited was the seller. Mac Cummings, co-founder of Terakeet, was the buyer. The 7,200 square foot home has six bedrooms and nine and a half bathroom
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