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Category: Business

SeaGlass closing tops Palm Beach County weekly condo sales 
Business

SeaGlass closing tops Palm Beach County weekly condo sales 

February 26, 2025February 26, 2025

Palm Beach County’s condo dollar volume rose last week, despite a dip in sales. Brokers closed 68 condo sales totaling $70.5 million from Feb. 16

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Uber’s third hire drops M on One Park Grove PH 
Business

Uber’s third hire drops $23M on One Park Grove PH 

February 25, 2025February 25, 2025

Ryan McKillen, the third hire at ridesharing giant Uber, bought a penthouse at One Park Grove in Miami for $22.5 million. Records show McKillen and

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Constellation, Boschetti switch Coral Gables multifamily project to “wellness condos” 
Business

Constellation, Boschetti switch Coral Gables multifamily project to “wellness condos” 

February 25, 2025February 25, 2025

Eduardo Otaola and Jose Boschetti are launching sales for Cora, a planned wellness-focused condo project in Coral Gables. Otaola’s Constellation Group and Boschetti’s Boschetti Group

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Verizon leases at Waterford Business District after selling its HQ near Doral
Business

Verizon leases at Waterford Business District after selling its HQ near Doral

February 25, 2025February 25, 2025

Verizon will move its offices to the Waterford Business District near Miami International Airport, after selling its headquarters near Doral.  The telecommunications firm leased 51,500

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Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for M
Business

Xebec Realty slashes Miami industrial portfolio in half, sells warehouse for $27M

February 25, 2025February 25, 2025

Xebec Realty Investments is down to one warehouse project in Miami-Dade County after selling a Liberty City industrial property for $26.8 million. Dallas-based Xebec Realty,

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Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 
Business

Developer plans 750-unit multifamily project in Hallandale Beach, amid continued redevelopment of South Florida mobile home parks 

February 25, 2025February 25, 2025

A developer could replace the Seville Mobile Home Park in Hallandale Beach with a 750-unit mixed-use, multifamily project, amid a surge in the redevelopment of

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

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

February 25, 2025February 25, 2025

Miami-Dade County’s condo dollar volume dropped last week, despite an increase in sales. Brokers closed 93 condo sales totaling $62.6 million from Feb. 16 to

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South Florida residential sales dollar volume surges in January
Business

South Florida residential sales dollar volume surges in January

February 24, 2025February 24, 2025

South Florida’s residential sales dollar volume surged in January. Dollar volume reached $4 billion, up 14.3 percent from $3.5 billion in January of 2024. Median

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Insurance boss buys M waterfront Fort Lauderdale spec house
Business

Insurance boss buys $17M waterfront Fort Lauderdale spec house

February 24, 2025February 24, 2025

The head of an insurance marketing firm dropped $17 million on a waterfront spec home in Fort Lauderdale. Records show Jeffrey and Shimera Franzoni bought

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Pompano Beach Porsche dealership scores M construction loan for new showroom and offices
Business

Pompano Beach Porsche dealership scores $52M construction loan for new showroom and offices

February 24, 2025February 24, 2025

Champion Porsche is fueling up construction of its new Pompano Beach home after nabbing a $52 million loan. Wells Fargo Bank provided the financing to

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