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Category: Business

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales
Business

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales

March 25, 2025March 25, 2025

Miami-Dade County’s condo sales and dollar volume dropped in the third week of March. Brokers closed 116 condo sales totaling $79.2 million from Mar. 16

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Aventura mixed-use project engulfed in legal turmoil faces foreclosure
Business

Aventura mixed-use project engulfed in legal turmoil faces foreclosure

March 24, 2025March 24, 2025

The owner of a recently completed, yet troubled, Aventura mixed-use project is facing foreclosure after allegedly defaulting on $49.6 million mortgage debt. An affiliate of

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Luxury realtor in Boca Raton at center of lawsuits, state investigation
Business

Luxury realtor in Boca Raton at center of lawsuits, state investigation

March 24, 2025March 24, 2025

Marcy Javor is among a handful of top real estate agents who deal in one of Boca Raton’s most expensive communities, the Royal Palm Yacht

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Chainalysis co-founder sells waterfront Miami Beach home for M
Business

Chainalysis co-founder sells waterfront Miami Beach home for $17M

March 24, 2025March 24, 2025

Chainalysis co-founder Michael Gronager sold his waterfront house in Miami Beach for $16.5 million, three months after stepping down from his company and announcing his

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Affiliated lands M construction loan for Fort Lauderdale multifamily project
Business

Affiliated lands $80M construction loan for Fort Lauderdale multifamily project

March 24, 2025March 24, 2025

Affiliated Development is the latest South Florida developer to nab construction financing for an apartment project, despite a slowing multifamily market. Fort Lauderdale-based Affiliated, led

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Luxe signed contracts rise. as buyers target less expensive properties in Miami-Dade
Business

Luxe signed contracts rise. as buyers target less expensive properties in Miami-Dade

March 24, 2025March 24, 2025

Signed contracts for luxury properties rose last week, as buyers inked deals for less expensive homes than in prior weeks.  Buyers signed 18 contracts between

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Oak Lane advances 243-unit Live Local Act multifamily development next to its Boca Raton HQ
Business

Oak Lane advances 243-unit Live Local Act multifamily development next to its Boca Raton HQ

March 24, 2025March 24, 2025

Oak Lane Partners plans to develop a 243-unit Live Local Act project next to its headquarters in Boca Raton, and is seeking streamlined approval under

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Movers & Shakers: CBRE promotes Miami and Fort Lauderdale office head 
Business

Movers & Shakers: CBRE promotes Miami and Fort Lauderdale office head 

March 24, 2025March 24, 2025

One year after hiring Gian Rodriguez, CBRE promoted him to senior managing director and head of its Miami and Fort Lauderdale offices, a press release

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SROA Capital adds 12th facility to South Florida portfolio
Business

SROA Capital adds 12th facility to South Florida portfolio

March 21, 2025March 21, 2025

SROA Capital picked up its 12th South Florida self-storage facility for $17.1 million, 205 times more than the previous sale price nearly a half-century ago. 

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Millennium exec Justin Gmelich linked to M oceanfront Highland Beach mansion purchase
Business

Millennium exec Justin Gmelich linked to $29M oceanfront Highland Beach mansion purchase

March 21, 2025March 21, 2025

The co-chief investment officer of Millennium Management is linked to the purchase of a $28.5 million oceanfront Highland Beach estate. Records show Bos Property LLC,

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