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Category: Business

Mexican firm sells condo dev site in Brickell to partner
Business

Mexican firm sells condo dev site in Brickell to partner

September 12, 2024September 12, 2024

A Mexican firm that invested in Brickell development sites over the past two years sold one of the properties. Yet, it still plans to partner

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Mixed messages: South Florida agents adjust to NAR changes
Business

Mixed messages: South Florida agents adjust to NAR changes

September 12, 2024September 12, 2024

South Florida broker David Kurz got a call recently from a prospective buyer who asked to see an Aventura home that same day.  To do

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Shops at Sunset Place redevelopment scores South Miami approval
Business

Shops at Sunset Place redevelopment scores South Miami approval

September 11, 2024September 11, 2024

Alex Vadia’s Midtown Development is moving forward with plans to redevelop the Shops at Sunset Place in South Miami into a mixed-use project with about

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Graham family plans 220-unit multifamily complex in Miami Lakes, amid record South Florida rentals pipeline
Business

Graham family plans 220-unit multifamily complex in Miami Lakes, amid record South Florida rentals pipeline

September 11, 2024September 11, 2024

Graham Companies, the family owned developer of Miami Lakes and its biggest property owner, proposes a 220-unit multifamily complex in the town.  Led by CEO

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Schmier adds mixed-use complex to Boca Raton portfolio
Business

Schmier adds mixed-use complex to Boca Raton portfolio

September 11, 2024September 11, 2024

Schmier Property Group pumped up its Boca Raton portfolio by acquiring a mixed-use complex for $32 million. An affiliate of Boca Raton-based Schmier, led by

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Brazilian mogul who sold his waterfront Indian Creek property to Jeff Bezos sues Douglas Elliman
Business

Brazilian mogul who sold his waterfront Indian Creek property to Jeff Bezos sues Douglas Elliman

September 11, 2024September 11, 2024

Brazilian mogul Leo Kryss sold his waterfront estate on Indian Creek Island to billionaire Jeff Bezos for $79 million last year. He had enlisted Douglas

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German group scores approval for 214-unit hotel with 87 condos in Wynwood, amid district’s development boom 
Business

German group scores approval for 214-unit hotel with 87 condos in Wynwood, amid district’s development boom 

September 11, 2024September 11, 2024

A German group scored design approval for a 214-key hotel with condos in Wynwood, amid a continuing flurry of development proposals in Miami’s arts district. 

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Porsche Design Tower closing tops Miami-Dade weekly condo sales
Business

Porsche Design Tower closing tops Miami-Dade weekly condo sales

September 11, 2024September 11, 2024

Miami-Dade County’s condo sales and total dollar volume slid during the Labor Day holiday week. Brokers closed 90 condo sales totaling $53.3 million from Sept.

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Triple Double, Stonerock Capital could lose downtown Miami office buildings to foreclosure
Business

Triple Double, Stonerock Capital could lose downtown Miami office buildings to foreclosure

September 10, 2024September 10, 2024

Two years after buying a pair of downtown Miami office buildings, Triple Double Real Estate and Stonerock Capital Partners could lose the properties to foreclosure.

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Monceau entangled in legal rift with partner over Goulds workforce housing dev site
Business

Monceau entangled in legal rift with partner over Goulds workforce housing dev site

September 10, 2024September 10, 2024

Family-owned Monceau Real Estate allegedly reneged on buying out a partner involved in a Goulds workforce housing development site, a recently filed lawsuit alleges. Jason

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