
Waldorf Astoria set to take over W South Beach
The Waldorf Astoria is set to take over the branding and operations of the W South Beach, whose hotel portion will close for renovations Aug. 20. The renovation includes 348 redesigned oceanfront guest suites, a new lobby and Peacock Alley, upgraded dining venues, an enhanced spa and fitness center,

BH, Apollo Cos buy out Related Group’s stake in Aventura mixed-use project
BH Group and Apollo Companies bought out Related Group’s stake in an Aventura development site slated for a mixed-use project, The Real Deal has learned. The Aventura City Center project at 2999 Northeast 191st Street is approved for a residential tower, a hotel and 26,000 square feet of retail spac

Palm Beach mansion flip finds buyer with asking price of $12M-plus
A home flip with an upside of $700,000 led Palm Beach County’s luxury market last week, landing a contract at an asking price of $12.5 million. Buyers signed 16 contracts totaling $92 million in asking dollar volume between June 29 and July 5, according to the weekly report by Douglas Elliman’s Eklu
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