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Category: Business

These are Palm Beach County’s top resi brokers
Business

These are Palm Beach County’s top resi brokers

March 3, 2025March 3, 2025

The pandemic was an unexpected rainmaker for Palm Beach County real estate agents. Buyers flooded in from the Northeast, setting off explosive growth for the

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The Weekly Dirt: Surge of new lawsuits expand scope of Alexander brothers claims
Business

The Weekly Dirt: Surge of new lawsuits expand scope of Alexander brothers claims

March 2, 2025March 2, 2025

New accusers expanded the scope of claims against the Alexander brothers, suing former Douglas Elliman boss Howard Lorber. A lawsuit filed Friday, one of a

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Related scores funding from city of Miami for 98-unit affordable housing project in Flagami
Business

Related scores funding from city of Miami for 98-unit affordable housing project in Flagami

February 28, 2025February 28, 2025

Jorge Pérez’s Related Group scored an up to $5.7 million loan from the city of Miami for a 98-unit affordable housing project for senior residents

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Thrive Capital boss buys waterfront Miami Beach home for M
Business

Thrive Capital boss buys waterfront Miami Beach home for $27M

February 28, 2025February 28, 2025

Venture capitalist Kareem Zaki and his wife Raquel Zaki bought the waterfront Miami Beach house of Edmond and Robin Leidesdorf for $26.8 million. It marks

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South Florida by the numbers: In our record-breaking era
Business

South Florida by the numbers: In our record-breaking era

February 28, 2025February 28, 2025

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  If records are meant to

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FCP buys 400-unit Sunrise apartment complex for M, amid slow investment sales so far this year
Business

FCP buys 400-unit Sunrise apartment complex for $90M, amid slow investment sales so far this year

February 28, 2025February 28, 2025

FCP bought a 400-unit apartment complex in Sunrise for $90 million.  Chevy Chase, Maryland-based FCP bought the Arium Sunrise complex at 1501 Northwest 124th Terrace

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Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses
Business

Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses

February 28, 2025February 28, 2025

The owner of a boat storage facility in Dania Beach plans to replace the property’s marina with two spec warehouses. Banyan Bay Marine Center won

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Developer buys renovated Boca Raton mansion for M, as busy season heats up
Business

Developer buys renovated Boca Raton mansion for $16M, as busy season heats up

February 28, 2025February 28, 2025

Developer Mitchell Robbins bought a renovated waterfront Boca Raton mansion for $16.2 million, as South Florida real estate’s busy season hits its stride.  Records show

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Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group
Business

Foreclosure woes worsen for Raoul Thomas’ CGI Merchant Group

February 28, 2025February 28, 2025

Investor Raoul Thomas is having a hard time stemming the collapse of his commercial real estate portfolio. Recently, Thomas’ CGI Merchant Group lost its Coconut

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Oceanfront Lost Tree Village house sells for record M, latest Palm Beach County pricey deal
Business

Oceanfront Lost Tree Village house sells for record $32M, latest Palm Beach County pricey deal

February 27, 2025February 27, 2025

An oceanfront house in North Palm Beach’s Lost Tree Village sold for $31.9 million, making it the most expensive home ever sold in the gated

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