Florida AG launches probe of China-linked yacht giant’s Fort Lauderdale property
Florida Attorney General James Uthmeier has launched an investigation into Italian luxury yacht builder Ferretti Group over its Fort Lauderdale property. Ferretti, whose largest shareholder is China’s state-owned Shandong Heavy Industry Group – Weichai Group with a 39.5 percent stake, owns property
Florida real estate awaits its moment of truth when voters decide on property tax cuts
Floridians will choose their next governor and U.S. senator on Election Day, but their ballots will also include a number of key races and referendums tied to real estate. That includes the proposed statewide property tax referendum, which requires 60 percent voter approval, and measures tied to cit
Terra, Fortune land $220M pre-dev debt for Key Biscayne condos, adding to streak of jumbo South Florida loans
Terra and Fortune International Group pulled in a $220 million financing for an oceanfront condo development, rounding off weeks of jumbo loans for South Florida projects. Coconut Grove-based Terra, led by David Martin, and Brickell-based Fortune International, led by Edgardo Defortuna, obtained th
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