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Category: Business

Inside billionaire Russell Weiner's construction of massive Miami Beach waterfront estate
Business

Inside billionaire Russell Weiner's construction of massive Miami Beach waterfront estate

October 1, 2024October 1, 2024

Inside the story can we include Maria and Richard Meruelo, with the property at 5101 Pine Tree Drive? Billionaire Russell Weiner is building a waterfront

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Dermot is back in South Florida, scoops up 350-unit Wellington apartment project for 4M
Business

Dermot is back in South Florida, scoops up 350-unit Wellington apartment project for $144M

October 1, 2024October 1, 2024

Two years after splashing into South Florida to buy multifamily properties, Dermot Company added a Wellington apartment complex for $144.2 million. An affiliate of Dermot,

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Late Wingate founder’s Palm Beach estate sells at steep discount for M
Business

Late Wingate founder’s Palm Beach estate sells at steep discount for $43M

October 1, 2024October 1, 2024

The Palm Beach home of late developer Jerry Schuster and his wife, Elaine Schuster, sold for $42.5 million, a steep discount from its $62.9 million

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Andrew Korge makes M offer for Location Ventures Coconut Grove dev site
Business

Andrew Korge makes $28M offer for Location Ventures Coconut Grove dev site

October 1, 2024October 1, 2024

Andrew Korge is aiming to drop $28.2 million for a former Rishi Kapoor development site in Coconut Grove that ignited the embattled developer’s legal troubles. 

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Supermodel Elle Macpherson sells Coral Gables mansion for nearly M 
Business

Supermodel Elle Macpherson sells Coral Gables mansion for nearly $19M 

October 1, 2024October 1, 2024

Supermodel Elle Macpherson sold her mansion in Coral Gables for $18.5 million.  Bumda Trust, a hidden trust managed by an attorney, acquired the 8,935-square-foot, six-bedroom

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Construction moguls sell Palm Beach condo for record M 
Business

Construction moguls sell Palm Beach condo for record $16M 

October 1, 2024October 1, 2024

Construction moguls Rod and Gregory Oneglia sold their condo in Palm Beach’s Kirkland House for $15.7 million, marking a price record for the building. Records

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

Oceana Key Biscayne closing tops Miami-Dade weekly condo sales 

October 1, 2024October 1, 2024

Miami-Dade County’s condo sales, dollar volume and price per square foot fell last week, as an $8.4 million closing topped the list. Brokers closed 120

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South Florida by the numbers: Luxury looms large
Business

South Florida by the numbers: Luxury looms large

September 30, 2024September 30, 2024

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  While most of South Florida’s

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Benderson bulks up South Florida retail portfolio with M Midtown Miami purchase
Business

Benderson bulks up South Florida retail portfolio with $84M Midtown Miami purchase

September 30, 2024September 30, 2024

Benderson Development added a third South Florida retail property to its national portfolio, acquiring a big box center in Midtown Miami for $83.7 million. An

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Anywhere acquires 48-agent brokerage in Jupiter 
Business

Anywhere acquires 48-agent brokerage in Jupiter 

September 30, 2024September 30, 2024

Brokerage giant Anywhere Real Estate acquired a 48-agent firm based in Jupiter, The Real Deal has learned. The Jupiter brokerage, Home Sales Palm Beach (HSPB),

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