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Category: Business

Javier Cervera bulks up retail portfolio with M Kendall shopping center purchase
Business

Javier Cervera bulks up retail portfolio with $18M Kendall shopping center purchase

October 3, 2024October 3, 2024

Javier Cervera now has a dozen retail buildings and shopping centers in his Miami-Dade commercial portfolio, after paying $18.2 million for a Kendall shopping center

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Meta Development plans Brickell boutique condominium
Business

Meta Development plans Brickell boutique condominium

October 3, 2024October 3, 2024

Meta Development is planning a boutique lowrise condominium with 36 units in Miami’s Brickell, once it completes its acquisition of an assemblage for a total

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US Development lands M additional construction financing for Pompano Beach condos
Business

US Development lands $68M additional construction financing for Pompano Beach condos

October 3, 2024October 3, 2024

U.S. Development has secured a total of $73.8 million in construction financing for its planned Salato Residences in Pompano Beach. Records show the Philadelphia-based developer

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Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds
Business

Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds

October 3, 2024October 3, 2024

Jason Talbot has made peace with Monceau Real Estate after the Miami Beach-based firm’s owners agreed to buy out his minority interest in a Goulds

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South Miami grants initial approval to Sunset Place development agreement
Business

South Miami grants initial approval to Sunset Place development agreement

October 3, 2024October 3, 2024

South Miami commissioners unanimously approved a development agreement with Alex Vadia’s firm for the Shops at Sunset Place mixed-use project, the largest redevelopment planned in

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Four Seasons Fort Lauderdale closing tops Broward weekly condo sales 
Business

Four Seasons Fort Lauderdale closing tops Broward weekly condo sales 

October 3, 2024October 3, 2024

Broward County’s condo sales, dollar volume and price per square foot surged last week, with Four Seasons Residences Fort Lauderdale leading the way. Brokers closed

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Aventura condo board president charged with money laundering, racketeering as part of .5M scheme
Business

Aventura condo board president charged with money laundering, racketeering as part of $1.5M scheme

October 2, 2024October 2, 2024

The longtime president of the Turnberry on the Green condo association in Aventura was arrested on charges of money laundering, racketeering, grand theft, organized fraud

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The Brits are coming: Billionaires Simon and David Reuben are seeking majority stake in W South Beach for 0M-plus
Business

The Brits are coming: Billionaires Simon and David Reuben are seeking majority stake in W South Beach for $400M-plus

October 2, 2024October 2, 2024

British billionaires Simon and David Reuben are betting big on Miami Beach’s hospitality market, seeking majority ownership of the W South Beach for close to

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Miami Beach board approves expanding Standard hotel
Business

Miami Beach board approves expanding Standard hotel

October 2, 2024October 2, 2024

A star-studded group that includes billionaire developer Barry Sternlicht, architect Bjarke Ingels and hospitality CEO Miguel Isla Esteve secured approval to expand and renovate the

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Tavistock begins closings on Pier Sixty-Six condos in Fort Lauderdale
Business

Tavistock begins closings on Pier Sixty-Six condos in Fort Lauderdale

October 2, 2024October 2, 2024

Tavistock Group began closings on units in its Pier Sixty-Six condo project in Fort Lauderdale this week. The developer completed construction on its two-building, 31-unit

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