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Forest Development and RPC Land $270M For Luxury Condo Near West Palm BY JULIA ECHIKSON Forest Development and Dan Kodsi’s Royal Palm Companies scored one of South Florida’s largest construction loans this year, $269 million, for a luxury condo project north of West Palm Beach, Fla. The waterfront...

PMG Plans Massive Resi Complex in Miami’s Brickell After $58M Land Buy BY JULIA ECHIKSON Property Market Groups (PMG) and Sentral are moving forward with their massive residential project in Miami’s Brickell district, after closing on a land acquisition.

“Penny wise but pound foolish” first appeared in writing over 500 years ago. This idiom captures the wisdom of human experience in just five words: shortcuts that appear to save money are more expensive in the long run. Sometimes much more. Further proof of this eternal truth - and one taxpayer’s...