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Category: Business

Movers & Shakers: Banesco USA taps chief risk officer
Business

Movers & Shakers: Banesco USA taps chief risk officer

September 30, 2024September 30, 2024

In the latest roundup of South Florida real estate hiring news, a bank is minding its risk exposure, residential agent teams are on the move

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The Weekly Dirt: “Worst summer on record” for South Florida restaurants
Business

The Weekly Dirt: “Worst summer on record” for South Florida restaurants

September 29, 2024September 29, 2024

A wave of restaurants have shut down during one of the most challenging years for South Florida’s food and beverage businesses.  Hundreds of restaurants across

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Fredrik Eklund developing Miami-focused reality show
Business

Fredrik Eklund developing Miami-focused reality show

September 28, 2024September 28, 2024

Celebrity real estate agent Fredrik Eklund is plotting his return to the small screen. Eklund is working on a show focused on his business and

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C-III Capital pays M, scoring M discount for two Doral office buildings
Business

C-III Capital pays $71M, scoring $25M discount for two Doral office buildings

September 27, 2024September 27, 2024

Another South Florida suburban office property sold at a steep discount, as C-III Capital Partners acquired two Doral buildings for $25 million below the previous

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David, Victoria Beckham buying waterfront Miami Beach spec estate asking M
Business

David, Victoria Beckham buying waterfront Miami Beach spec estate asking $80M

September 27, 2024September 27, 2024

The Beckhams are expanding their roots in South Florida.  Retired soccer superstar and Inter Miami co-owner David Beckham and fashion designer and artist Victoria Beckham

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Bill Fuller and partners score nearly M settlement from city of Miami 
Business

Bill Fuller and partners score nearly $13M settlement from city of Miami 

September 27, 2024September 27, 2024

Developer Bill Fuller and two partners extracted a $12.5 million settlement from the city of Miami stemming from an allegedly politically motivated code enforcement crackdown

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Former Vice President Mike Pence’s brother buys Miami Beach home 
Business

Former Vice President Mike Pence’s brother buys Miami Beach home 

September 27, 2024September 27, 2024

One of former Vice President Mike Pence’s brothers purchased a Venetian Islands home in Miami Beach earlier this year, The Real Deal has learned.  Thomas

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Alliance HP acquires first Miami-Dade industrial site for M
Business

Alliance HP acquires first Miami-Dade industrial site for $24M

September 27, 2024September 27, 2024

Alliance HP made its first foray into Miami-Dade’s industrial submarket with a $24 million warehouse acquisition near Hialeah. An affiliate of Bryn Mawr, Pennsylvania-based Alliance

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Bridge lands M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along
Business

Bridge lands $53M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along

September 27, 2024September 27, 2024

Bridge Industrial landed a $53 million construction loan to redevelop Ryder System’s former headquarters site in Miami-Dade County with a logistics complex.  Chicago-based Bridge plans

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Trading City of Gold for Miami Beach: Dubai buyer drops M on waterfront Hibiscus Island teardown
Business

Trading City of Gold for Miami Beach: Dubai buyer drops $15M on waterfront Hibiscus Island teardown

September 27, 2024September 27, 2024

A Dubai-based buyer spent an even $15 million on a waterfront Hibiscus Island teardown in Miami Beach. Records show Tina Simcox sold her late parents’

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