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Category: Business

Miami residents cry foul over expansion of transit-oriented zoning
Business

Miami residents cry foul over expansion of transit-oriented zoning

June 27, 2025June 27, 2025

Miami residents spoke against a citywide expansion of transit-oriented zoning incentives at Thursday’s commission meeting, with one member of the public calling it an example

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Swire sells majority stake in Brickell City Centre retail to Simon for 2M
Business

Swire sells majority stake in Brickell City Centre retail to Simon for $512M

June 27, 2025June 27, 2025

Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an

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Developer proposes 108-unit multifamily redevelopment of north Miami-Dade retail center
Business

Developer proposes 108-unit multifamily redevelopment of north Miami-Dade retail center

June 27, 2025June 27, 2025

A developer proposes a 108-unit multifamily project at a shopping plaza in north Miami-Dade County.  Adell Investments, led by Jorge and Julio Quintana, proposes the

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“In Miami’s favor”: Mamdani’s New York win a boon for South Florida, industry says
Business

“In Miami’s favor”: Mamdani’s New York win a boon for South Florida, industry says

June 27, 2025June 27, 2025

As fears grip New York’s real estate industry following Zohran Mamdani’s primary mayoral race win, the feeling is far more upbeat in South Florida. The

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“Trash kingpin” Trump appointee sells oceanfront Palm Beach mansion for M
Business

“Trash kingpin” Trump appointee sells oceanfront Palm Beach mansion for $39M

June 26, 2025June 26, 2025

“Trash kingpin” Anthony Lomangino sold his oceanfront Palm Beach mansion for $38.8 million, three years after it hit the market. Records show Lomangino sold the

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Investor loses civil case to recoup M for development of Miami Beach condo project
Business

Investor loses civil case to recoup $1M for development of Miami Beach condo project

June 26, 2025June 26, 2025

An investor lost a civil case seeking to recoup his $1 million loss from the development of Three Hundred Collins, marking the end of a

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Mar-a-Lago Security Zone is Palm Beach’s hottest neighborhood
Business

Mar-a-Lago Security Zone is Palm Beach’s hottest neighborhood

June 26, 2025June 26, 2025

The best security money can buy, no traffic, private beach access and a five-minute walk to the golf club –– these are some of the

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Russell and Marisa Galbut’s GFO lands M loan to build Miami Beach Whole Foods
Business

Russell and Marisa Galbut’s GFO lands $54M loan to build Miami Beach Whole Foods

June 26, 2025June 26, 2025

Russell and Marisa Galbut’s GFO Investments scored a $54 million construction loan to build a new Whole Foods-anchored retail building in Miami Beach.  Miami-based Ocean

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Developers building Eturna condominium on Hollywood Beach
Business

Developers building Eturna condominium on Hollywood Beach

June 26, 2025June 26, 2025

Three co-developers have found buyers for about 40 percent of the units at Eturna, a boutique condominium on Hollywood Beach, and expect to complete construction

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L'Hermitage closing tops Broward weekly condo sales 
Business

L'Hermitage closing tops Broward weekly condo sales 

June 26, 2025June 26, 2025

Broward County’s condo sales and dollar volume rose last week.    Brokers closed 120 condo sales totaling $35.2 million from June 14 to June 22.

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