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Category: Business

Coconut Grove PH asking M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel
Business

Coconut Grove PH asking $25M and Progressive heir’s Miami Beach home top signed contracts report during Art Basel

December 9, 2024December 9, 2024

A penthouse at Park Grove in Miami’s Coconut Grove and a waterfront home on the Venetian Islands topped last week’s signed contracts report during Miami

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Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell; Japanese eatery on tap in Miami Design District
Business

Lease roundup: OKO, Tao opening restaurant and lounge atop 830 Brickell; Japanese eatery on tap in Miami Design District

December 9, 2024December 9, 2024

OKO Group, Tao Group Hospitality | Brickell  A Mediterranean restaurant and a private lounge will open atop the 830 Brickell office tower.  Miami Members Hospitality,

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Movers & Shakers: Whole Foods VP Brian Maloney joins Ram Realty 
Business

Movers & Shakers: Whole Foods VP Brian Maloney joins Ram Realty 

December 9, 2024December 9, 2024

In the latest roundup of South Florida real estate hiring news, firms made leadership picks ahead of the holidays.  In Palm Beach Gardens, Brian Maloney

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Palm Beach County condo sales dollar volume drops in November to 7M
Business

Palm Beach County condo sales dollar volume drops in November to $177M

December 9, 2024December 9, 2024

Palm Beach County’s condo sales and dollar volume fell last month. November’s numbers totaled $177 million, falling from $239 million in October. Brokers closed 371

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The Weekly Dirt: Compass goes the Anywhere route as industry consolidation intensifies
Business

The Weekly Dirt: Compass goes the Anywhere route as industry consolidation intensifies

December 9, 2024December 9, 2024

Compass is acquiring @properties and Christie’s International Real Estate. The deal, worth $444 million, blindsided local Christie’s affiliates across the U.S.  This included Edgardo Defortuna,

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Jeffrey Soffer’s firm seeks .2B refi for Fontainebleau Miami Beach resort
Business

Jeffrey Soffer’s firm seeks $1.2B refi for Fontainebleau Miami Beach resort

December 6, 2024December 6, 2024

Jeffrey Soffer’s real estate firm is seeking to raise $1.2 billion in the bond market to refinance the Fontainebleau Miami Beach resort.  The plan is

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Grover Corlew lands 4M refi for 355-unit Pompano Beach rental complex
Business

Grover Corlew lands $114M refi for 355-unit Pompano Beach rental complex

December 6, 2024December 6, 2024

Grover Corlew landed a $114.4 million refinancing for its newly finished 355-unit apartment complex in Pompano Beach.  The deal marks a continuation of loan deals

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Edelstein, Karakhanian and Integra list Design District dev site for M
Business

Edelstein, Karakhanian and Integra list Design District dev site for $47M

December 6, 2024December 6, 2024

David Edelstein’s Tricap, Integra Investments and Alex Karakhanian’s Lndmrk Development are listing their development site at the entrance to the Design District and Midtown Miami

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Music producer sells Bears Club mansion in Jupiter for M, as market heats up
Business

Music producer sells Bears Club mansion in Jupiter for $15M, as market heats up

December 6, 2024December 6, 2024

Music producer Matthew Resnicoff sold his mansion in Jupiter’s Bears Club for $15.3 million, just over a year after buying it for $14.5 million. The

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Miami-Dade condo sales drop to 6M in November, marking the slowest month so far this year
Business

Miami-Dade condo sales drop to $426M in November, marking the slowest month so far this year

December 6, 2024December 6, 2024

Miami-Dade’s condo sales and dollar volume fell in November to their lowest points so far this year. November condo sales totaled $426 million, compared to

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