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Category: Business

Aimco scores 2M construction loan, M in equity for Edgewater apartment tower
Business

Aimco scores $172M construction loan, $56M in equity for Edgewater apartment tower

September 17, 2024September 17, 2024

Aimco scored a $228 million financing package to develop a 114-unit apartment tower in Miami’s Edgewater, as construction loans keep flowing in South Florida.  The

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Robert Rivani’s Black Lion scores design approval for Miami Beach mixed-use building renovation
Business

Robert Rivani’s Black Lion scores design approval for Miami Beach mixed-use building renovation

September 17, 2024September 17, 2024

A Miami Beach board gave Robert Rivani’s Black Lion the green light to revamp the exterior of a mixed-use building off Lincoln Road. Earlier this

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MG Developer taps Serhant to lead sales of Coral Gables townhomes
Business

MG Developer taps Serhant to lead sales of Coral Gables townhomes

September 17, 2024September 17, 2024

Alirio Torrealba’s MG Developer is launching sales of the final phase of its Biltmore Square development in Coral Gables.  The Coral Gables-based firm hired Serhant

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Resi roundup: Private equity investor, aviation mogul, epidemiologist buy, sell South Florida homes
Business

Resi roundup: Private equity investor, aviation mogul, epidemiologist buy, sell South Florida homes

September 17, 2024September 17, 2024

In the latest roundup of South Florida luxury residential deals, sales spanned Pinecrest to Wellington and ranged in price from $6.8 million to $11 million. 

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Ritz-Carlton Sunny Isles closing tops Miami-Dade weekly condo sales 
Business

Ritz-Carlton Sunny Isles closing tops Miami-Dade weekly condo sales 

September 17, 2024September 17, 2024

Miami-Dade County’s condo sales, dollar volume, and price per square foot all rose last week. Brokers closed 107 condo sales totaling $93.8 million from Sept.

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Rothschild pulls plug on 830 Brickell office, marking third firm to exit South Florida after market boom
Business

Rothschild pulls plug on 830 Brickell office, marking third firm to exit South Florida after market boom

September 16, 2024September 16, 2024

Financial services firm Rothschild & Co won’t be opening at the 830 Brickell tower, marking the third company that leased during South Florida’s boom to

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BH, Lennar launch sales for Greenview at Presidential Estates near Aventura
Business

BH, Lennar launch sales for Greenview at Presidential Estates near Aventura

September 16, 2024September 16, 2024

BH Group and Lennar launched sales for a luxury 103-single-family home community near Aventura, nearly 17 years after litigation with neighboring homeowners stalled the project.

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Lennar buys 205 homesites in Parkland for M 
Business

Lennar buys 205 homesites in Parkland for $53M 

September 16, 2024September 16, 2024

Lennar bought 74.9 acres approved for 205 single-family homes in Parkland from land assembler Brian Tuttle for $52.5 million.  Records and real estate database Vizzda

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Retired NFL linebacker Andre Branch finds buyer for Miami Beach condo
Business

Retired NFL linebacker Andre Branch finds buyer for Miami Beach condo

September 16, 2024September 16, 2024

Former Miami Dolphins player Andre Branch found a buyer for his condo at Ritz-Carlton Residences, Miami Beach.  Branch, whose full name is Orlandus Andre Branch

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Lease roundup: Ugo Colombo’s CMC scores bagel shop in Coral Gables, AEW lands four retail tenants in Broward
Business

Lease roundup: Ugo Colombo’s CMC scores bagel shop in Coral Gables, AEW lands four retail tenants in Broward

September 16, 2024September 16, 2024

Bagel Emporium & Grille | Coral Gables  Bagel Emporium & Grille will move its Coral Gables restaurant to CMC Group’s 4000 Ponce building in the

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