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Category: Business

Smartphone CEO locks in buyer for M oceanfront Golden Beach mansion
Business

Smartphone CEO locks in buyer for $42M oceanfront Golden Beach mansion

August 26, 2024August 26, 2024

A buyer answered the call of a cellphone company’s CEO who is selling a $42 million oceanfront mansion in Golden Beach.  The pending sale marks

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Lease roundup: Pastis opening in downtown West Palm’s Nora District, Perigold plans CityPlace store 
Business

Lease roundup: Pastis opening in downtown West Palm’s Nora District, Perigold plans CityPlace store 

August 26, 2024August 26, 2024

Pastis | Nora District | downtown West Palm Beach  Famed New York restaurant Pastis, a Parisian-style brasserie, will open at the mixed-use Nora District in

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Movers & Shakers: Ark Homes names Wendy Gill as CFO
Business

Movers & Shakers: Ark Homes names Wendy Gill as CFO

August 26, 2024August 26, 2024

South Florida real estate firms are beating the heat with summer hiring moves.  Single-family rental operator Ark Homes for Rent named Wendy W. Gill as

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The Weekly Dirt: Florida’s proposal to develop in state parks a no-go
Business

The Weekly Dirt: Florida’s proposal to develop in state parks a no-go

August 25, 2024August 25, 2024

Gov. Ron DeSantis’ administration is pitching a last-minute plan to redevelop portions of nine state parks.  In South Florida, these include Oleta River State Park

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Island living: Inside the world of Palm Beach’s luxury agents
Business

Island living: Inside the world of Palm Beach’s luxury agents

August 24, 2024August 24, 2024

There’s no place quite like Palm Beach. The 16-mile barrier island was first transformed into an exclusive winter getaway for the wealthy more than a

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Continental Realty sells Davie shopping plaza for M, amid uptick in retail deals
Business

Continental Realty sells Davie shopping plaza for $22M, amid uptick in retail deals

August 23, 2024August 23, 2024

JBL Asset Management, through an affiliate, bought the Ridge Plaza retail center in Davie for $22.3 million, marking an uptick in shopping center deals.  Continental

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Alliance HP’s downtown Fort Lauderdale office tower faces foreclosure
Business

Alliance HP’s downtown Fort Lauderdale office tower faces foreclosure

August 23, 2024August 23, 2024

Alliance HP could lose a downtown Fort Lauderdale office tower to foreclosure. An affiliate of Atlanta-based lender Trimont on Tuesday filed a foreclosure complaint in

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South Florida resi sales dollar volume, single-family prices rise in July 
Business

South Florida resi sales dollar volume, single-family prices rise in July 

August 23, 2024August 23, 2024

South Florida’s total residential sales dollar volume rose in July, as single-family home prices continued their upward trajectory. Dollar volume reached $5 billion last month,

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Blue Suede nabs M loan to update two Miami Beach hotels and apartment building
Business

Blue Suede nabs $27M loan to update two Miami Beach hotels and apartment building

August 23, 2024August 23, 2024

Blue Suede Hospitality Group landed a $27 million loan to refurbish two Miami Beach hotels and an apartment building undergoing renovations. Franklin BSP Realty Trust,

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South Florida by the numbers: Here comes the money (Part II)
Business

South Florida by the numbers: Here comes the money (Part II)

August 23, 2024August 23, 2024

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.  Back in 2021, South Florida

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