• MasTec acquiring electrical contractor for $1.7B,TRD Staff

    MasTec acquiring electrical contractor for $1.7B

    Infrastructure giant MasTec is expanding its electrical services with the $1.7 billion acquisition of Ohio-based The Superior Group. The Coral Gables-based company will pay $1.2 billion in cash and $475 million in stock for Electrical Specialists, which does business as The Superior Group, the South

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  • Developer Caroline Weiss’ Coconut Grove home targeted in $8M foreclosure,Francisco Alvarado

    Developer Caroline Weiss’ Coconut Grove home targeted in $8M foreclosure

    Key International is going after the Coconut Grove home of developer Caroline Weiss after she allegedly failed to repay an $8 million loan issued in 2024.  Miami-based Key, led by brothers Diego and Inigo Ardid, filed a foreclosure complaint in Miami-Dade County Circuit Court on June 25 against Weis

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  • Swerdlow backs off bid to have Don Peebles jailed over $800K debt in protracted Overtown site feud,Lidia Dinkova

    Swerdlow backs off bid to have Don Peebles jailed over $800K debt in protracted Overtown site feud

    Michael Swerdlow backed off his bid to have Don Peebles jailed over an $800,000 debt tied to their protracted legal feud over an Overtown development site, which has been built out already. The litigation between the developers, both big names in South Florida real estate, over a 3.4-acre property i

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