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Category: Business

Cade Capital jumps into mobile home parks, acquiring 8-acre site in West Miami for M
Business

Cade Capital jumps into mobile home parks, acquiring 8-acre site in West Miami for $27M

December 18, 2024December 18, 2024

Cade Capital expanded its real estate holdings with the $26.5 million purchase of a West Miami motel, mobile home park and Autozone store. An affiliate

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Here are South Florida’s biggest hotel sales of 2024
Business

Here are South Florida’s biggest hotel sales of 2024

December 18, 2024December 18, 2024

The top 10 South Florida hotel sales of the past year featured some of the biggest institutional names in real estate taking over a handful

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EcoStone scoops up 63-unit rental building in Miami’s Little Havana for M, amid year-end rush on multifamily deals 
Business

EcoStone scoops up 63-unit rental building in Miami’s Little Havana for $18M, amid year-end rush on multifamily deals 

December 18, 2024December 18, 2024

EcoStone Group bought a 63-unit apartment building in Miami’s Little Havana neighborhood for $17.6 million.  The deal comes amid a year-end rush on multifamily investment

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Larsen MacColl scoops up Boca Corporate Center for M, as suburban offices keep trading
Business

Larsen MacColl scoops up Boca Corporate Center for $20M, as suburban offices keep trading

December 18, 2024December 18, 2024

Larsen MacColl Partners bought the Boca Corporate Center for $20 million, marking continued appetite for South Florida suburban office buildings.  The investment firm scooped up

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Palm Beach County condo sales, dollar volume dipped last week 
Business

Palm Beach County condo sales, dollar volume dipped last week 

December 18, 2024December 18, 2024

Palm Beach County’s condo sales and dollar volume fell in the second week of December.  Brokers closed 70 condo sales totaling $28.2 million from Dec.

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Steve Wynn drops M on waterfront West Palm Beach teardown
Business

Steve Wynn drops $13M on waterfront West Palm Beach teardown

December 17, 2024December 17, 2024

Billionaire casino magnate Steve Wynn bought a waterfront teardown in West Palm Beach for $12.9 million, more than a year after selling a mansion in

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In M deal, Paul Singer’s firm adds Gates Hotel South Beach to growing South Florida portfolio
Business

In $53M deal, Paul Singer’s firm adds Gates Hotel South Beach to growing South Florida portfolio

December 17, 2024December 17, 2024

Less than four months after buying a Brickell office tower, Paul Singer’s firm is still beefing up its South Florida portfolio, paying $53 million for

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These are South Florida’s biggest industrial sales of 2024
Business

These are South Florida’s biggest industrial sales of 2024

December 17, 2024December 17, 2024

In the past 12 months, South Florida’s 10 biggest industrial sales totaled a combined $1.1 billion, eclipsing last year’s priciest deals by nearly $300 million.

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Financier sells Palm Beach home for M, as season hits its stride
Business

Financier sells Palm Beach home for $31M, as season hits its stride

December 17, 2024December 17, 2024

A financier and his wife sold their Palm Beach home for $30.8 million in a deal linked to the billionaire family that owns Cox Enterprises,

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“Unexpected”: Study finds dozens of coastal high-rises in Miami-Dade are sinking
Business

“Unexpected”: Study finds dozens of coastal high-rises in Miami-Dade are sinking

December 17, 2024December 17, 2024

Nearly three dozen buildings from Miami Beach to Sunny Isles Beach are sinking at “unexpected” rates, a new University of Miami study found. Those familiar

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