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Category: Business

Related, partners score 4M construction loan for oceanfront Bal Harbour condo tower
Business

Related, partners score $424M construction loan for oceanfront Bal Harbour condo tower

November 21, 2024November 21, 2024

Related Group, Rockpoint and Two Roads Development secured a massive construction loan for Rivage Residences, a planned luxury oceanfront condo project in Bal Harbour.  The

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So nice, they tried it twice: Standard International plans second branded condo tower in Miami
Business

So nice, they tried it twice: Standard International plans second branded condo tower in Miami

November 21, 2024November 21, 2024

Standard International plans to brand a second condo tower in Miami, this time with developers Harvey Hernandez and Two Roads Development, The Real Deal has

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Hollywood closing tops Broward weekly condo sales 
Business

Hollywood closing tops Broward weekly condo sales 

November 21, 2024November 21, 2024

Broward County’s condo sales and dollar volume rose last week. Brokers closed 109 condo sales totaling $38.5 million from Nov. 10th to Nov. 17th. The

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Judge approves M sale of Location Ventures’ Miami Beach dev site
Business

Judge approves $18M sale of Location Ventures’ Miami Beach dev site

November 20, 2024November 20, 2024

The $17.5 million sale of a former Location Ventures development site in Miami Beach is moving ahead, but prospective condo buyers won’t be happy.  Proceeds

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Giuseppe Iadisernia launches sales of Oasis Hallandale condos
Business

Giuseppe Iadisernia launches sales of Oasis Hallandale condos

November 20, 2024November 20, 2024

Developer Giuseppe Iadisernia is launching condo sales for the east tower of his planned Oasis Hallandale development. The developer tapped One Sotheby’s International Realty to

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Witkoff, Ari Pearl land 3M construction loan for Shell Bay in Hallandale Beach
Business

Witkoff, Ari Pearl land $273M construction loan for Shell Bay in Hallandale Beach

November 20, 2024November 20, 2024

Witkoff Group and Ari Pearl’s PPG Development scored a $273 million construction loan for Shell Bay, a mixed-use luxury condo and hotel project in Hallandale

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Public corruption charges dropped against ex-Miami commissioner Alex Diaz de la Portilla and lobbyist William Riley
Business

Public corruption charges dropped against ex-Miami commissioner Alex Diaz de la Portilla and lobbyist William Riley

November 20, 2024November 20, 2024

In a stunning reversal, state prosecutors are abandoning the public corruption case against ex-Miami commissioner Alex Diaz de la Portilla. On Wednesday morning, Broward State

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Floyd ‘Money’ Mayweather Jr. sells waterfront Miami Beach mansion
Business

Floyd ‘Money’ Mayweather Jr. sells waterfront Miami Beach mansion

November 20, 2024November 20, 2024

Retired boxing champion turned real estate investor Floyd Mayweather Jr. sold his waterfront Miami Beach mansion for $22 million.  Mayweather, via his Fojoso LLC, sold

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Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 
Business

Tobin proposes 120-unit apartment building in Hollywood, amid record multifamily construction pipeline 

November 20, 2024November 20, 2024

Real estate firm Tobin wants to build a 120-unit apartment project in Hollywood, as South Florida experiences a record multifamily construction pipeline.  Hollywood-based Tobin proposes

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Palm Beach closing tops county’s weekly condo sales 
Business

Palm Beach closing tops county’s weekly condo sales 

November 20, 2024November 20, 2024

Palm Beach County’s condo sales fell last week, while dollar volume rose. Brokers closed 62 condo sales totaling $50.2 million from Nov. 10th to Nov.

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