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What's being built there? Luxury condo building going up on Lake Boca Raton – Sun Sentinel

The 32 units will range from two to five bedrooms, or 3,402 to 7,508 square feet and bring at least $2.5 million each. ....

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Compass Acquires BEX Realty Agents in Florida

Robert Reffkin and Michael Karp (Compass, Linkedin, iStock)
Compass is expanding again in Florida, completing its acquisition of the majority of BEX Realty’s agents and offices in the state,
The Real Deal has learned.
The deal includes about 200 agents and offices in Fort Lauderdale, Port St. Lucie and Palm Beach Gardens, according to a spokesperson from Compass.
Michael Karp, CEO of Boca Raton-based BEX Realty, said BEX is keeping its Boca Raton headquarters and its lead generation business. The Compass acquisition included the majority of its Florida agents, as well as some members of management, he said. The deal closed earlier this week. ....

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Slate of new apartments and houses coming to the county as demand surges due to pandemic moves

Slate of new apartments and houses coming to the county as demand surges due to pandemic moves
Alexandra Clough, Palm Beach Daily News
© (LANNIS WATERS / THE PALM BEACH POST)
Construction in progress at Ocean Delray Dec. 17, 2020. The project is an ultra luxury boutique condo being built on the beach in Delray Beach. Developers who are under construction say there is strong demand for all types of housing in the pandemic, as people who had planned to move to PBC accelerate their moves and relocate from more expensive and crowded cities and states.
A department store that closed in West Palm Beach is being replaced by a luxury rental apartment complex, not another retailer. ....

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Demand for houses, apartments and even pricey condos surges in PBC

A department store that closed in West Palm Beach is being replaced by a luxury rental apartment complex, not another retailer.
The site of a former office building on the Intracoastal Waterway in Boca Raton is being transformed into a luxury condominium, where units cost millions of dollars each. And the owner of a Boynton Beach shopping center, where a large tenant shut down during the coronavirus pandemic, is working on a plan to turn part of the development into multi-family housing.
The nearly year-long coronavirus pandemic decimated the county s tourism and hospitality industries, but it hasn t hurt the county s dominant real estate industry. ....

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