News

A general contractor that specialized in building luxury Wellington equestrian estates filed for bankruptcy protection, as he faces fraud allegations from clients who say he doctored receipts and did not complete work. Records show both David Forkey and his business, Pegasus Builders, filed Chapter 11 reorganization with the U.S. Bankruptcy Court for the Southern District This article originally appeared on The Real Deal. Click here to read the full story.

The state sexual battery case against Oren and Alon Alexander, and their associate Ohad Fisherman, is coming into focus.  The Miami-Dade State Attorney’s Office alleges that Fisherman held down a woman as Oren and Alon, who are in federal custody awaiting their sex trafficking trial, allegedly took turns raping her on New Year’s Eve in This article originally appeared on The Real Deal. Click here to read the full story.

Boca Raton approved an interim master plan that could enable Terra and Frisbie Group to build a mega mixed-use project on 30 acres of publicly owned land. The resolution, which was approved by the city council by a vote of 4-1 on Tuesday evening, sets a framework for Boca Raton’s ongoing negotiations with developer David This article originally appeared on The Real Deal. Click here to read the full story.

Continental Realty Corporation is diving into South Florida’s retail market for the first time, acquiring the Fresh Market-anchored shopping center at CityPlace Doral in Miami-Dade County for $87.5 million. Baltimore-based Continental Realty, led by CEO JM Shapiro, acquired the 235,000-square-foot center at 8300 Northwest 36th Street in Doral, a press release states. The deal breaks This article originally appeared on The Real Deal. Click here to read the full story.

Lissette Calderon’s Neology Life nixed a 1,360-unit multifamily project after selling a development site near the Miami River for $54 million. An affiliate of Miami-based Neology sold the 7.3-acre site at 2301 Northwest 33rd Avenue to Miami-Dade County, records show. Calderon’s firm had planned to develop the site into a multifamily complex consisting of three This article originally appeared on The Real Deal. Click here to read the full story.