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Category: Business

More Live Local towers on tap: Miami board approves two in Wynwood Norte, Overtown with nearly 800 units total 
Business

More Live Local towers on tap: Miami board approves two in Wynwood Norte, Overtown with nearly 800 units total 

October 16, 2025October 16, 2025

A Miami design review board greenlit two Live Local Act projects in Wynwood Norte and Overtown with nearly 800 units, combined.  ABH Developer Group, led

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Miami board approves two major projects in Midtown and Edgewater
Business

Miami board approves two major projects in Midtown and Edgewater

October 16, 2025October 16, 2025

A pair of massive projects in Midtown Miami and Edgewater easily passed a city architectural aesthetics examination. On Wednesday, the Miami Urban Development Review Board

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Resident scores 4M refi for 279-unit apartment tower in Edgewater 
Business

Resident scores $114M refi for 279-unit apartment tower in Edgewater 

October 16, 2025October 16, 2025

Resident Group scored a $113.8 million refinancing for its 279-unit Metro Edgewater apartment tower.  The deal marks a continuing lending boom in South Florida, despite

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Price revealed: The Weeknd pays record M for Gables Estates mansion 
Business

Price revealed: The Weeknd pays record $50M for Gables Estates mansion 

October 16, 2025October 16, 2025

The Weeknd closed on a waterfront mansion in gated Gables Estates for $50 million, making it the most expensive home ever sold in Coral Gables.

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Terra and New Valley nab 0M refi for northwest Miami-Dade multifamily project
Business

Terra and New Valley nab $130M refi for northwest Miami-Dade multifamily project

October 15, 2025October 15, 2025

Terra and New Valley landed a $129.7 million refinancing for Natura Gardens, a 460-unit apartment community in northwest Miami-Dade County. New York Life Insurance Company

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Crescent Heights scores 8M refi for luxury 588-unit apartment tower in Edgewater
Business

Crescent Heights scores $238M refi for luxury 588-unit apartment tower in Edgewater

October 15, 2025October 15, 2025

Crescent Heights scored a $238.4 million refinancing for the luxury 588-unit Forma Miami apartment tower in Edgewater.  The deal marks a continuing lending flurry in

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Hold up! Judge temporarily blocks Miami land deal for Trump library
Business

Hold up! Judge temporarily blocks Miami land deal for Trump library

October 15, 2025October 15, 2025

A judge temporarily halted the planned transfer of a valuable downtown Miami parcel slated for President Donald Trump’s future presidential library, intervening in a high-profile

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Distress call: Office rents tumble in Miami-Dade and Palm Beach counties in third quarter
Business

Distress call: Office rents tumble in Miami-Dade and Palm Beach counties in third quarter

October 15, 2025October 15, 2025

A slumping South Florida office market has some landlords and developers seeking exit strategies.  Asking rents tumbled in Miami-Dade and Palm Beach counties in the

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Battle over Terra and Frisbie’s Boca Raton megaproject grows more contentious
Business

Battle over Terra and Frisbie’s Boca Raton megaproject grows more contentious

October 15, 2025October 15, 2025

Weeks after the Boca Raton City Council agreed to wait for a voter referendum on Terra and Frisbie Group’s proposed government campus redevelopment, the battle

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Brickell developer rebrands condo-hotel project and boosts broker commissions
Business

Brickell developer rebrands condo-hotel project and boosts broker commissions

October 14, 2025October 14, 2025

Developer Robert Thorne is rebranding his planned condo-hotel in Miami’s Brickell neighborhood and offering agents higher commissions, The Real Deal has learned.  Thorne’s Miami-based Urban

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