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Category: Business

Continuum closing tops Miami-Dade weekly condo sales 
Business

Continuum closing tops Miami-Dade weekly condo sales 

April 22, 2025April 22, 2025

Miami-Dade County’s condo sales and dollar volume rose last week.  Brokers closed 141 condo sales totaling $136.5 million from April 13 to April 20. The

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Seagis nabs M refi for Miami-Dade industrial portfolio
Business

Seagis nabs $88M refi for Miami-Dade industrial portfolio

April 21, 2025April 21, 2025

Seagis Property Group landed an $87.7 million refinancing for an industrial portfolio in Miami-Dade County. State Farm Life Insurance Company provided the loan to Conshohocken,

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Widow sells oceanfront Palm Beach house for M, down from M asking price
Business

Widow sells oceanfront Palm Beach house for $27M, down from $39M asking price

April 21, 2025April 21, 2025

A widow sold her oceanfront house in Palm Beach for $26.7 million, down from the $39 million she listed it for over a year ago. 

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Canadian businessman secures buyer for M waterfront Miami Beach mansion
Business

Canadian businessman secures buyer for $36M waterfront Miami Beach mansion

April 21, 2025April 21, 2025

Canadian businessman Stan Bharti found a buyer for his waterfront mansion on North Bay Road in Miami Beach, asking $36 million.  The pending sale tops

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Lease roundup: Nicklaus Children’s Hospital takes space in Coral Gables, vitamin firm opens Palm Beach County facility
Business

Lease roundup: Nicklaus Children’s Hospital takes space in Coral Gables, vitamin firm opens Palm Beach County facility

April 21, 2025April 21, 2025

Nicklaus Children’s Hospital | Coral Gables  Nicklaus Children’s Hospital signed a lease for space at Columbus Center in Coral Gables.  The hospital leased 67,700 square

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Here’s how South Florida condo developers are prepping for tariffs
Business

Here’s how South Florida condo developers are prepping for tariffs

April 21, 2025April 21, 2025

The sudden panic resulting from President Donald Trump’s tariffs has subsided, and despite his 90-day pause on country-specific duties, fees on steel, aluminum, lumber and

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Movers & Shakers: FirstService Residential names COO 
Business

Movers & Shakers: FirstService Residential names COO 

April 21, 2025April 21, 2025

FirstService Residential, one of the nation’s largest property managers, named Bob Cardoza as its first chief operating officer, according to a press release. Cardoza was

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The Weekly Dirt: Tariffs creating “noise” for South Florida resi buyers and sellers 
Business

The Weekly Dirt: Tariffs creating “noise” for South Florida resi buyers and sellers 

April 20, 2025April 20, 2025

Trump’s tariffs are creating a lot of noise, forcing resi buyers and sellers to take a beat.  This is what’s supposed to be the most

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Blackstone boosts South Florida portfolio with 6M multifamily buy
Business

Blackstone boosts South Florida portfolio with $116M multifamily buy

April 18, 2025April 18, 2025

Blackstone is wheeling and dealing in South Florida, picking up a fairly new Miami Lakes multifamily project for $115.9 million, about the same time the

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Developer proposes 166-unit Live Local Act tower in Miami’s Little Havana 
Business

Developer proposes 166-unit Live Local Act tower in Miami’s Little Havana 

April 18, 2025April 18, 2025

A developer proposes a 166-unit Live Local Act project in Miami’s Little Havana neighborhood, marking a continuing flurry of project applications under the state’s affordable

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