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Category: Business

Estate lands M construction loan for West Palm rental complex, amid record multifamily pipeline
Business

Estate lands $73M construction loan for West Palm rental complex, amid record multifamily pipeline

July 30, 2024July 30, 2024

Social: As South Florida is experiencing a near-record multifamily construction pipeline, Estate Companies scored a $73M loan to build a 321-unit complex in downtown West

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Financier Andre Hakkak and wife Marissa Shipman buy Pinecrest spec mansion for record M
Business

Financier Andre Hakkak and wife Marissa Shipman buy Pinecrest spec mansion for record $14M

July 30, 2024July 30, 2024

Finance executive Andre Hakkak and wife Marissa Shipman appear to be wrapping up their home search. He paid a record $14.3 million for a Pinecrest

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Priciest South Florida Sales
Business

Priciest South Florida Sales

July 30, 2024July 31, 2024

The map and table below includes sales and mortgage transactions over $5 million for commercial and residential properties in Miami, Palm Beach, and Broward Counties.

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South Florida’s priciest resi deals of the year, so far 
Business

South Florida’s priciest resi deals of the year, so far 

July 30, 2024July 30, 2024

Not everyone has $60 million to spend, but for those who do, it can get you a few things like a decent yacht or private

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Fisher Island closing tops Miami-Dade weekly condo sales 
Business

Fisher Island closing tops Miami-Dade weekly condo sales 

July 30, 2024July 30, 2024

Miami-Dade County’s condo sales slipped last week, despite a standout Fisher Island deal. Brokers closed 131 condo sales totaling $87.5 million from July 22nd to

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Federal judge recommends Joe Carollo keep Coconut Grove home
Business

Federal judge recommends Joe Carollo keep Coconut Grove home

July 29, 2024July 29, 2024

Miami City Commissioner Joe Carollo shouldn’t have to lose his Coconut Grove home, despite owing a $63.5 million judgment to a pair of developers, according

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Financially troubled Columbus Center in Coral Gables facing deed in lieu of foreclosure 
Business

Financially troubled Columbus Center in Coral Gables facing deed in lieu of foreclosure 

July 29, 2024July 29, 2024

Affinius Capital may not own the Columbus Center in Coral Gables for much longer. The lender on the office building could move forward in a

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Värde, Unity Medical partner up for West Palm Gardens office acquisition
Business

Värde, Unity Medical partner up for West Palm Gardens office acquisition

July 29, 2024July 29, 2024

Värde Partners and Unity Medical Properties are partnering up to acquire a medical office building in Palm Beach Gardens. An affiliate of Värde, a Minneapolis-based

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M Hibiscus Island mansion tops luxe signed contracts report
Business

$45M Hibiscus Island mansion tops luxe signed contracts report

July 29, 2024July 29, 2024

The $45 million listing of a waterfront Miami Beach mansion topped last week’s signed contracts report, making it the most expensive property to go under

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Lease roundup: Restaurant Sant Ambroeus will open at Fifth Miami Beach project 
Business

Lease roundup: Restaurant Sant Ambroeus will open at Fifth Miami Beach project 

July 29, 2024July 29, 2024

Sant Ambroeus | Miami Beach  Italian restaurant Sant Ambroeus will open its first Miami-Dade County outpost in South Beach.  Sant Ambroeus leased more than 7,000

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