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Category: Business

Ansin family’s Sunbeam buys North Bay Village condo complex
Business

Ansin family’s Sunbeam buys North Bay Village condo complex

September 19, 2024September 19, 2024

The billionaire Ansin family’s Sunbeam Properties paid $8 million to complete a bulk purchase of an aging condo complex in North Bay Village.  Sunbeam acquired

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Developer proposes 42-unit multifamily project in Ojus, amid record South Florida apartment pipeline 
Business

Developer proposes 42-unit multifamily project in Ojus, amid record South Florida apartment pipeline 

September 19, 2024September 19, 2024

A developer proposes a 42-unit multifamily project in Ojus, amid a record apartment construction pipeline in South Florida.  Entities managed by Jacobo and Fortuna Toledano

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“Miami has jumped the shark”: Analyzing South Florida’s office sales slump
Business

“Miami has jumped the shark”: Analyzing South Florida’s office sales slump

September 19, 2024September 19, 2024

South Florida real estate players became giddy in recent years over the influx of businesses and ensuing office leasing spree at record rents. The bonanza

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Related, BH score approval for larger Plantation mixed-use project
Business

Related, BH score approval for larger Plantation mixed-use project

September 19, 2024September 19, 2024

Related Group and BH Group are planning a larger mixed-use project in Plantation than the joint venture previously envisioned. On Tuesday, the city’s planning and

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13th Floor will redevelop South Miami city hall with 670 apartments, new municipal building
Business

13th Floor will redevelop South Miami city hall with 670 apartments, new municipal building

September 19, 2024September 19, 2024

13th Floor Investments will redevelop South Miami’s city hall with a mixed-use project that will include 670 apartments and a new municipal building.  On Tuesday,

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Alo Yoga founders expand retail portfolio with M South Beach acquisition
Business

Alo Yoga founders expand retail portfolio with $17M South Beach acquisition

September 18, 2024September 18, 2024

Alo Yoga founders Danny Harris and Marco DeGeorge expanded their retail portfolio by acquiring a South Beach condominium’s ground-floor retail space. An entity managed by

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Goya heir Andrew Unanue revealed as buyer of M Palm Beach estate
Business

Goya heir Andrew Unanue revealed as buyer of $63M Palm Beach estate

September 18, 2024September 18, 2024

More than a year after the deal closed, Goya Foods heir Andrew Unanue is revealed as the buyer of a $63.4 million lakefront estate in

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Macy’s offloads two South Florida retail properties for a combined M
Business

Macy’s offloads two South Florida retail properties for a combined $28M

September 18, 2024September 18, 2024

Macy’s offloaded a couple of retail properties in South Florida, selling both for a combined $28 million. Most recently, an affiliate of Columbus, Ohio-based Washington

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Lease roundup: West Palm Beach adds hundreds of rentals
Business

Lease roundup: West Palm Beach adds hundreds of rentals

September 18, 2024September 18, 2024

Thousands of residential units are in the development pipeline in West Palm Beach, following a rush of post-pandemic investment in the coastal city.  While many

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Ira Giller’s Miami Beach mixed-use project design greenlit
Business

Ira Giller’s Miami Beach mixed-use project design greenlit

September 18, 2024September 18, 2024

Miami Beach architect Ira Giller can move forward with plans for a new mixed-use building in his home city’s Mid-Beach neighborhood. Earlier this month, the

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