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Category: Business

Garden Healthcare expands into South Florida with M retirement home purchase
Business

Garden Healthcare expands into South Florida with $24M retirement home purchase

June 30, 2025June 30, 2025

Out-of-state retirement home operator Garden Healthcare took its first dip into South Florida, acquiring a Miami-Dade County facility for $24 million. Two affiliates of Columbus,

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Private equity investor finds buyer for Surf Club Four Seasons condo asking K psf
Business

Private equity investor finds buyer for Surf Club Four Seasons condo asking $6K psf

June 30, 2025June 30, 2025

A private equity investor found a buyer for his condo asking $19.8 million at the Four Seasons-branded development in Surfside, leading the Eklund-Gomes report.  Buyers

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Lease roundup: BH, Electra’s Cutler Bay project lands university, Presidente Bar opens in Wynwood
Business

Lease roundup: BH, Electra’s Cutler Bay project lands university, Presidente Bar opens in Wynwood

June 30, 2025June 30, 2025

NUC University Florida Technical College | Cutler Bay  A private for-profit university will consolidate its Southland Mall facilities into a new campus at the planned

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Movers & Shakers: Meyers names Alan Losada CEO
Business

Movers & Shakers: Meyers names Alan Losada CEO

June 30, 2025June 30, 2025

In the latest roundup of South Florida real estate hiring news, one firm announces its succession plans following the death of its founder.  Aventura-based Meyers

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The Weekly Dirt: South Florida resi agents pounce on Mamdani’s primary win
Business

The Weekly Dirt: South Florida resi agents pounce on Mamdani’s primary win

June 29, 2025June 30, 2025

We’ve seen the memes, the “Scarface” video and the tweets.  Zohran Mamdani’s win of the Democratic primary mayoral race in New York last week prompted

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Auction date set for troubled Pembroke Pines condo complex in receivership
Business

Auction date set for troubled Pembroke Pines condo complex in receivership

June 27, 2025June 27, 2025

An embattled Pembroke Pines condo complex in receivership hit the market.  Heron Pond, consisting of 19 two-story lakefront buildings with 304 units at 8400 Southwest

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Private equity execs sell Palm Beach house for M, down from M asking price
Business

Private equity execs sell Palm Beach house for $18M, down from $29M asking price

June 27, 2025June 27, 2025

Two private equity executives sold their Palm Beach home for $17.9 million, down from its $28.5 million listing price last year. J. Richard Knop and

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Miami residents cry foul over expansion of transit-oriented zoning
Business

Miami residents cry foul over expansion of transit-oriented zoning

June 27, 2025June 27, 2025

Miami residents spoke against a citywide expansion of transit-oriented zoning incentives at Thursday’s commission meeting, with one member of the public calling it an example

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Swire sells majority stake in Brickell City Centre retail to Simon for 2M
Business

Swire sells majority stake in Brickell City Centre retail to Simon for $512M

June 27, 2025June 27, 2025

Swire Properties cashed out of the retail and parking components of Brickell City Centre in a $512 million deal with Simon Property Group. Simon, an

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Developer proposes 108-unit multifamily redevelopment of north Miami-Dade retail center
Business

Developer proposes 108-unit multifamily redevelopment of north Miami-Dade retail center

June 27, 2025June 27, 2025

A developer proposes a 108-unit multifamily project at a shopping plaza in north Miami-Dade County.  Adell Investments, led by Jorge and Julio Quintana, proposes the

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