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Category: Business

Alan Miller sells oceanfront Manalapan house for M
Business

Alan Miller sells oceanfront Manalapan house for $18M

August 9, 2024August 9, 2024

Billionaire Universal Health Services founder Alan B. Miller sold his longtime oceanfront Manalapan home for $18.3 million. Miller and his wife, Jill Miller, dealt the

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Judge dismisses sex abuse lawsuit against Palm Beach developer
Business

Judge dismisses sex abuse lawsuit against Palm Beach developer

August 9, 2024August 9, 2024

A Palm Beach County judge threw out a lawsuit that alleged developer E. Llwyd Ecclestone Jr. sexually molested his daughter when she was a child. 

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Broward condo sales drop in July to 1M
Business

Broward condo sales drop in July to $261M

August 9, 2024August 9, 2024

Broward County condo sales dollar volume declined in July, while the number of sales rose. July condo sales totaled $261 million, falling from $285 million

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Heightened demand? French budget lodgings firm, MHG buy South Florida hotels
Business

Heightened demand? French budget lodgings firm, MHG buy South Florida hotels

August 9, 2024August 9, 2024

A European budget lodgings chain and a Midwest hospitality company each scooped up a South Florida hotel.  The deals come at a dubious time for

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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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