Michael Simkins, Torose snag whopping discount for Lincoln Road retail building
Michael Simkins and Scott Sherman’s Torose Equities picked up a Lincoln Road building in Miami Beach at a bargain price as the pedestrian-only retail street experiences a revival. An entity managed by Simkins, a Miami Beach-based investor, and Miami-based Torose paid $11.7 million for a one-story bu
South Florida apartments hitting market amid lethargic rents
A pair of South Florida apartment complexes will be going for sale, The Real Deal has learned, amid a slowdown of the multifamily market compared with recent years’ boom. Boston-based Stratford Management is looking to offload the 276-unit Riverland Apartments at 420-432 Southwest 27th Avenue in Fo
Palm Beach County luxury contracts mushroom into February
Two Palm Beach homes topped Palm Beach County luxury contracts as the island’s busy season picks up. Buyers signed 37 contracts between Jan. 26 and Feb. 1 for luxury properties in Palm Beach County, according to Douglas Elliman’s Eklund-Gomes team. The homes that went pending last week total $273.5
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