Australian billionaire Michael Dorrell sells Coral Gables estate for $35M
Australian billionaire Michael Dorrell bought a private island in Palm Beach for $150 million, and now he’s unloading a waterfront Coral Gables estate for $35 million. Records show Dorrell’s Hautacam LLC sold the 1.7-acre compound at 235 Solano Prado to spec developer Alex Pirez in an off-market de
IP Capital seizes on “blind spots” with $250M industrial fund
A real estate investment company launched a $250 million fund targeting Southeast U.S. industrial properties amid a surge in domestic manufacturing demand. Boca Raton-based IP Capital Partners’ IPCP Southeast Industrial Fund II targets $1 billion in purchases across Florida, Georgia, Tennessee, and
Marlon Gomez loses Miami River site at courthouse auction
Two entities tied to Marlon Gomez lost a distressed Miami River development site at a courthouse auction, marking the second time in six months that the Miami developer was forced to give up land. An affiliate of the Fiorentino Family Office bought the 1.8-acre assemblage at 1515, 1529 and 1543 Nort
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