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Category: Business

Grove at Grand Bay closing tops Miami-Dade weekly condo sales 
Business

Grove at Grand Bay closing tops Miami-Dade weekly condo sales 

August 20, 2024August 20, 2024

Miami-Dade County’s sales volume rose last week, while dollar volume and price per square foot fell. Brokers closed 110 condo sales totaling $76.4 million from

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Lynd considers M capital call to investors for Miami Gardens rental complex
Business

Lynd considers $9M capital call to investors for Miami Gardens rental complex

August 19, 2024August 19, 2024

Multifamily investor Lynd is considering asking its investors in a Miami Gardens apartment complex to pony up additional capital, as skyrocketing insurance premiums and other

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Lender wins final foreclosure judgment for Caroline Weiss’ Blue Lagoon dev site
Business

Lender wins final foreclosure judgment for Caroline Weiss’ Blue Lagoon dev site

August 19, 2024August 19, 2024

Caroline Weiss is on track to lose a waterfront Blue Lagoon development site at the center of a bitter legal fight with her eldest daughter.

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Ben-Josef family proposes 561-unit rental project near North Miami, amid record South Florida multifamily construction pipeline 
Business

Ben-Josef family proposes 561-unit rental project near North Miami, amid record South Florida multifamily construction pipeline 

August 19, 2024August 19, 2024

The Ben-Josef family, owners of the Sagamore Hotel South Beach, propose a 561-unit apartment building near North Miami.  Their plan comes as South Florida is

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Luxe resi contracts reach 4M last week in Miami-Dade, led by Surfside deal 
Business

Luxe resi contracts reach $164M last week in Miami-Dade, led by Surfside deal 

August 19, 2024August 19, 2024

Buyers signed contracts for 18 luxury properties last week in Miami-Dade County, a sign that the slow summer season may be coming to a close. 

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Lease roundup: Latin Securities opens in downtown Miami, Spanish restaurant picks A&E District for first US outpost
Business

Lease roundup: Latin Securities opens in downtown Miami, Spanish restaurant picks A&E District for first US outpost

August 19, 2024August 19, 2024

Latin Securities | downtown Miami  Financial services firm Latin Securities opened an office in downtown Miami.  Buenos Aires, Argentina-based Latin Securities, which offers wealth management,

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Movers & Shakers: Andrew Sossen returns to Starwood as COO
Business

Movers & Shakers: Andrew Sossen returns to Starwood as COO

August 19, 2024August 19, 2024

It may be the dog days of summer, but South Florida real estate firms are still making moves.  Andrew Sossen is returning to Miami Beach-based

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The Weekly Dirt: How NAR’s policy shifts are playing out in South Florida
Business

The Weekly Dirt: How NAR’s policy shifts are playing out in South Florida

August 18, 2024August 18, 2024

New rules affecting how buyer’s agents will be compensated went into effect this weekend.  South Florida agents and brokers said the biggest challenge will be

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Pebb, Sabal scoop up The Press office-retail complex in West Palm
Business

Pebb, Sabal scoop up The Press office-retail complex in West Palm

August 16, 2024August 16, 2024

Pebb Capital and Sabal Investment Holdings bought The Press, an office and retail complex in West Palm Beach. Miami-based Tricera Capital sold the complex at

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Longpoint expands South Florida retail portfolio with M Pompano Beach purchase
Business

Longpoint expands South Florida retail portfolio with $33M Pompano Beach purchase

August 16, 2024August 16, 2024

Longpoint Realty Partners added another grocery store-anchored shopping center to its South Florida retail portfolio. An affiliate of Boston-based Longpoint paid $33.1 million for Palm

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