Found 2 blog entries tagged as Palm Beach luxury real estate.

Trump Jr. and Frisbie Group Fuel Palm Beach Real Estate Push

A major investment is heading for Palm Beach real estate, and it’s being powered by a billion-dollar fund involving Donald Trump Jr. and high-profile local developers. 1789 Capital, a firm with political and Wall Street ties, is actively working to raise a $1 billion real estate fund focused on South Florida, especially the elite markets of Palm Beach and Boca Raton, according to a Bloomberg article.

$1 Billion Targeted for Palm Beach Real Estate Development

1789 Capital, The firm led by former Bank of America executive Omeed Malik, is tapping into increased investor interest in alternative assets. The firm recently raised a $1.3 billion inaugural fund and is now setting its sights on Palm Beach real estate. The new fund aims to accelerate…

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How NYC’s Mayoral Race Impacts the Luxury Real Estate Market in South Florida

The shock from New York City’s recent mayoral primary wasn’t just political—it was felt instantly in the Luxury Real Estate Market in South Florida. Within hours of Zohran Mamdani’s win, phones started ringing in South Florida brokerages. Some Manhattan buyers weren’t waiting to see what came next; they were already calling to ask about oceanfront estates, guard-gated islands, and private showings.

Mamdani, a 33-year-old democratic socialist, built his campaign on promises to add 200,000 affordable homes, freeze rents on stabilized units, impose a 2% millionaire’s tax, and double the minimum wage. Supporters hail these measures as long-overdue solutions to housing affordability. But to some investors and high-net-worth property owners, the proposals…

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