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Category: Business

Billionaire Arison family sells waterfront Bal Harbour condo
Business

Billionaire Arison family sells waterfront Bal Harbour condo

January 2, 2025January 2, 2025

A trust tied to Micky and Madeleine Arison sold their waterfront Bal Harbour condo, The Real Deal has learned.  The 5,070-square-foot condo at 9999 Collins

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SJC sells Whole Foods-anchored shopping center in Palm Beach County for M
Business

SJC sells Whole Foods-anchored shopping center in Palm Beach County for $49M

January 2, 2025January 2, 2025

SJC Ventures sold a Whole Foods-anchored shopping center for $49.2 million to a Russian investor beefing up his South Florida retail portfolio. An entity managed

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Inside Steve Ross’ all-in wager on West Palm Beach
Business

Inside Steve Ross’ all-in wager on West Palm Beach

January 2, 2025January 2, 2025

During the pandemic, Steve Ross took refuge in his historic Palm Beach estate, known as the Reef. But the now 84-year-old wasn’t just weathering the

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These were 2024’s biggest news stories in South Florida real estate 
Business

These were 2024’s biggest news stories in South Florida real estate 

December 31, 2024December 31, 2024

This year saw record prices for waterfront homes and new projects launched by developers, buoyed by enduring demand.  On the flip side, South Florida’s office

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Baron buys out MG Developer’s interest in two South Florida projects
Business

Baron buys out MG Developer’s interest in two South Florida projects

December 31, 2024December 31, 2024

Baron Property Group has taken full control of two apartment projects in Hialeah and near Coral Gables after buying out its partner, MG Developer.  “We

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Douglas Elliman takes over Vector Group’s office in Miami
Business

Douglas Elliman takes over Vector Group’s office in Miami

December 31, 2024December 31, 2024

Douglas Elliman is taking over Vector Group’s office lease in Miami’s Design District. The brokerage will now occupy the entire 10th floor of the building

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Oak Row buying Aimco’s bayfront Brickell assemblage for 0M
Business

Oak Row buying Aimco’s bayfront Brickell assemblage for $520M

December 31, 2024December 31, 2024

Oak Row Equities is in line for one of South Florida’s biggest real estate deals.  The firm is in contract to purchase a 4.25-acre bayfront

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Regency Development lands M construction loan for Bay Harbor condo project, as South Florida financings flow
Business

Regency Development lands $56M construction loan for Bay Harbor condo project, as South Florida financings flow

December 31, 2024December 31, 2024

Regency Development Group landed a $55.7 million construction loan for a luxury waterfront condo project in Bay Harbor Islands.  The deal adds to a torrent

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M waterfront Miami Beach home tops year-end signed contracts report 
Business

$25M waterfront Miami Beach home tops year-end signed contracts report 

December 30, 2024December 30, 2024

The pending sale of a waterfront Miami Beach home asking $25 million topped last week’s signed contracts in Miami-Dade County, closing out the final full

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Cleveland Clinic plans outpatient center at Steve Ross project in downtown West Palm
Business

Cleveland Clinic plans outpatient center at Steve Ross project in downtown West Palm

December 30, 2024December 30, 2024

Cleveland Clinic is planning an outpatient center at one of Steve Ross’ projects in downtown West Palm Beach in addition to a separate new hospital

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