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Category: Business

Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails
Business

Daniel Motha, Rishi Kapoor’s former right hand, fights SEC subpoena for emails

August 8, 2024August 8, 2024

Daniel Motha played an integral role helping Rishi Kapoor establish Location Ventures. Now, Motha is fighting the U.S. Securities & Exchange Commission’s efforts to pry

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Related plans 316-unit public housing project near West Little River, as developers continue to bet on affordable rentals  
Business

Related plans 316-unit public housing project near West Little River, as developers continue to bet on affordable rentals  

August 8, 2024August 8, 2024

Related Group’s affordable housing division proposes a 316-unit public housing project near West Little River, marking an expansion of the firm’s previously planned project on

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Helgstrand Dressage sells remainder of Wellington sales center for M
Business

Helgstrand Dressage sells remainder of Wellington sales center for $24M

August 8, 2024August 8, 2024

Helgstrand Dressage sold the remaining 45 acres of its Wellington sales center for $23.6 million, just two years after selling off about half of the

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Palm Beach County condo sales dollar volume drops in July to 1M
Business

Palm Beach County condo sales dollar volume drops in July to $301M

August 8, 2024August 8, 2024

Palm Beach County’s condo sale dollar volume fell, but closings were on the rise. July sales totaled $301 million, falling from $309 million in June.

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“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered
Business

“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered

August 8, 2024August 8, 2024

Condo developers in Miami have re-discovered the condo-hotel, and buyers are eating it up. But they may be disappointed with their returns once their units

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Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline
Business

Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline

August 7, 2024August 7, 2024

Mill Creek Residential scaled back the second phase of its Modera Aventura multifamily project, nearly halving the building plans.  The Boca Raton-based firm now proposes

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YMP Real Estate adds another Broward office complex to portfolio
Business

YMP Real Estate adds another Broward office complex to portfolio

August 7, 2024August 7, 2024

For the second time in five months, YMP Real Estate beefed up its commercial portfolio by acquiring a Broward County office complex. An affiliate of

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Lennar drops M on Homestead dev site, in contract for Princeton site
Business

Lennar drops $28M on Homestead dev site, in contract for Princeton site

August 7, 2024August 7, 2024

One of the largest homebuilders in the country is scooping up more development sites in Miami-Dade County. Records show Lennar bought a 59-acre site in

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Citizens Property Insurance seeks approval for rate hike 
Business

Citizens Property Insurance seeks approval for rate hike 

August 7, 2024August 7, 2024

Citizens Property Insurance requested a 13.5 percent rate hike that will likely affect property owners in the most expensive home insurance market in the country. 

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Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project
Business

Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project

August 7, 2024August 7, 2024

Four years after scoring a key approval for the redevelopment of North Miami Beach’s Intracoastal Mall, Dezer Development is taking the next step. Sunny Isles

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