SOUTH FLORIDA NEWS - February, 2026

Link at Boca: $100M Construction Loan Moves Tri-Rail Development Forward

Boca Raton is getting 340 new apartments next to its Tri-Rail station, including 51 affordable units. In a city where affordable rentals near transit are nearly impossible to find, Link at Boca could change that.

Key Takeaways

• 13th Floor Investments and Rockpoint secured a $100 million construction loan from Santander Bank for Link at Boca, an 8-story mixed-use project at the Boca Raton Tri-Rail station.

• The project will deliver 340 apartments (including 51 affordable and workforce units), 24,000 square feet of retail, and a 650-space parking garage on publicly owned land leased from the South Florida Regional Transportation Authority.

• Tri-Rail hit a record ridership of 4.5 million rides in 2025, surpassing its pre-pandemic…

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Developer Wants to Fill a Lake to Build Apartments in Davie: Broward's Land Crisis

A $141 billion real estate investor is asking Davie to let it drain a community lake and replace it with 72 new apartments. It sounds extreme, but in a county with almost no vacant land left, this might be the new normal.

Key Takeaways

• Nuveen, one of the world's largest real estate investors, is seeking approval to fill a lake at Cameron Cove in Davie and build two three-story apartment buildings with 72 units.

• Broward County has less than 1% of its land still vacant and zoned for residential use, roughly 5 square miles out of 1,323 total.

• Davie's Planning and Zoning Board reviewed the site plan on February 10, 2026. The project now goes to the Town Council for a first reading on March 4, 2026.

Sunpointe Cove LLC,…

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Ken Griffin and Stephen Ross Bet $10M That South Florida Is the Next Business Capital

Stephen Ross and Ken Griffin are putting $10 million behind a national campaign to position South Florida's Gold Coast as the top destination for corporate relocations. The initiative targets CEOs, founders, and investors in high-cost cities like New York and Chicago.

Key Takeaways

• Ross and Griffin are each contributing $5 million to fund national advertising and a concierge program that helps executives relocate companies to the Gold Coast.

• Over the past 5 years, 140+ companies have already relocated to Palm Beach County, creating 13,110 jobs and $1.12 billion in capital investment.

• West Palm Beach saw a 112% increase in millionaires over the past decade. Miami saw 94%. Both surpassed New York City as the world's…

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GL Homes' $80 Million Bet on Westlake: What Silver Lake Means for Buyers

GL Homes is doubling down on western Palm Beach County. The builder just closed the first phase of a 192-acre land acquisition in Westlake for $80 million. The new parcel will become Silver Lake, a planned single-family community with more than 1,000 homes. For buyers priced out of coastal Palm Beach County, this is exactly the kind of inventory expansion worth watching.

Key Takeaways

• GL Homes purchased 192 acres from Minto Communities USA for $80 million, with a second phase expected to close next year.

• Silver Lake will include more than 1,000 single-family homes across 300+ acres. Phase 1, already approved, covers 294 homes.

• Combined with nearly 5,000 acres at the Indian Trails site, GL Homes now controls entitlements for…

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Buying a Home Together: 5 Money Conversations Couples Should Have First

Couples usually start home shopping with paint colors and neighborhoods. Experienced buyers start with money conversations. A home is one of the biggest financial commitments you will make together, and even strong relationships get stressed when assumptions turn into monthly payments. The couples who have the smoothest experience are not the ones with the biggest budget. They are the ones who talked through the hard stuff before they ever scheduled a showing.

Key Takeaways

• Start with what a monthly payment feels comfortable, not what a lender says you can afford. Add property taxes, insurance, HOA fees, and maintenance to get the real number.

• Be clear about how you are splitting the down payment, closing costs, and monthly bills.…

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David Beckham's $25M Penthouse Sale Reveals a Split in South Florida Luxury

David and Victoria Beckham just cashed out of One Thousand Museum. The power couple sold their 59th-floor penthouse for nearly $25 million, pocketing a $5 million gain in six years. But this is more than a celebrity real estate headline. It reveals a split in the South Florida luxury market right now.

Beckham Brand Limited, the couple's London-based company, sold the full-floor unit at 1000 Biscayne Boulevard for $24.6 million. They bought it brand new in 2020 for $19.8 million. The off-market deal closed at about $2,677 per square foot inside one of Miami's most architecturally significant buildings, designed by the late Pritzker Prize-winning architect Zaha Hadid.

Key Takeaways

• The Beckhams sold their full-floor penthouse at One Thousand…

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Buy or Rent Together in 2026? What South Florida Couples Need to Know

A lot of couples in South Florida hit the same moment: you look at your lease renewal, you look at your savings, and you wonder if it is time to put that money toward something you own. With mortgage rates hovering around 6% to 6.5%, the Florida median home price sitting near $415,000, and South Florida rents averaging $2,300 to $3,000 depending on the county, the math has shifted since the pandemic years. The question is not whether buying is "better." It is whether buying makes sense for your specific situation in 2026.

Key Takeaways

• If you are not confident you will stay in the same area for at least 3 to 5 years, renting usually protects you financially better.

• A lender's maximum approval is not a comfortable budget. The real…

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Why D-Wave Quantum Chose Boca Raton Over Silicon Valley for Its HQ

The building where IBM invented the personal computer in 1981 is now home to the company building the future of computing. D-Wave Quantum, a publicly traded pioneer in quantum computing, announced it will relocate its global headquarters from Palo Alto, California, to the Boca Raton Innovation Campus.

The move is expected to create hundreds of high-paying technology and R&D jobs, each averaging at least $125,000 in salary. For homeowners and buyers across Palm Beach County, this signals another wave of tech-driven demand heading to South Florida.

Key Takeaways

• D-Wave Quantum will occupy 25,000 square feet at the Boca Raton Innovation Campus (BRiC), with the move expected by the end of 2026.

• Florida Atlantic University committed $20…

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The Canadian Snowbird Selloff: A Crisis for Condos, Not Luxury Homes

According to a recent survey, over half of Canadian property owners in the U.S. say they plan to sell within the next year. Florida real estate agents report receiving zero Canadian buyer inquiries during peak season for the first time in years. Meanwhile, Chinese investment surged 83% to $13.7 billion, but agents say interest is cooling fast since tariffs escalated. For homeowners in Broward and Palm Beach counties, this shift could reshape the market in ways that create both challenges and opportunities.

Key Takeaways

• 54% of Canadians who own U.S. property plan to sell within the next year. 62% cite the current political administration as the primary reason.

• Foreign buyers purchased $56 billion in U.S. real estate from April 2024 to…

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Florida Condo Crisis Hits Delray Beach: $43 Million Bankruptcy Filing

A 55-and-older community in Delray Beach just filed for bankruptcy with $43.7 million in debt. The biggest creditor? Lennar Homes, one of the largest homebuilders in the country. The second biggest? The community's own Number 2 Condo Association. And at the center of it all is a legal fight over shared amenities that has been building for years. For buyers and owners across South Florida, this filing is a warning sign about what can go wrong when association governance breaks down.

Key Takeaways

• The Palm Greens at Villa Del Ray Recreation Association filed Chapter 11 bankruptcy on January 27, 2026, with $43.7 million in liabilities.

• Lennar Homes is the largest creditor at $25 million, tied to a dispute over shared amenities with the…

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