"This purchase is a steppingstone in our commitment to this market. We want to be at the forefront of Boca's resurgence, and to a greater extent, Palm Beach County. We are excited for the future," said a Grover Corlew partner.

There's huge investor demand to buy existing, vacant or income-producing land in South Florida, according to Colliers' Steve Wasserman.

As the housing market in South Florida boomed during the COVID-19 pandemic, the cost of housing and the gap in renters' wages increased with it.  That…

"We are the first website to offer buyers a truly unfiltered view of projects from the developer side," said Neel Kawale, co-founder of Condos.com.

"Miami is now a megacity," said Commercial Industrial Association of South Florida president Sebastian Juncadella.

"If the city doesn't compromise, we'll have to go back to court," an attorney for the Clevelander Hotel said.

Reading the fine print of a contract between a landlord and tenant is always important, but adding special language to a lease can help decrease the risk of litigation after damage caused by a hurricane.

An Atlanta-based company named Cortland has bought a multifamily unit in Broward County for nearly $70 million, according to the Broward County Appraiser's…