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Category: Business

Palazzo Del Sol closing on Fisher Island tops Miami-Dade weekly condo sales 
Business

Palazzo Del Sol closing on Fisher Island tops Miami-Dade weekly condo sales 

December 17, 2024December 17, 2024

Miami-Dade County’s condo sales and dollar volume rose in the second week of December. Brokers closed 102 condo sales totaling $102.2 million from Dec. 8

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Shark Tank investor Rohan Oza drops M on Venetian Islands house
Business

Shark Tank investor Rohan Oza drops $14M on Venetian Islands house

December 16, 2024December 16, 2024

Shark Tank investor Rohan Oza bought a waterfront home in Miami Beach’s Venetian Islands for $13.5 million. Records show Oza’s Gaadi, a Montana LLC, bought

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Terra lands 0M construction loan for B mixed-use project near Dolphin Mall
Business

Terra lands $170M construction loan for $1B mixed-use project near Dolphin Mall

December 16, 2024December 16, 2024

The first phase of a $1 billion mixed-use project near Sweetwater’s Dolphin Mall is in motion after David Martin’s Terra scored a $170 million construction

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Receiver seeks approval of bulk sale in Coconut Grove as next step in developer’s alleged fraud saga
Business

Receiver seeks approval of bulk sale in Coconut Grove as next step in developer’s alleged fraud saga

December 16, 2024December 16, 2024

The receiver managing the properties tied to developer Doug Cox’s alleged fraud in Coconut Grove is seeking court approval for a bulk sale of the

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Post-Art Basel bump? 19 luxe resi contracts signed last week in Miami-Dade
Business

Post-Art Basel bump? 19 luxe resi contracts signed last week in Miami-Dade

December 16, 2024December 16, 2024

Two waterfront homes in Miami Beach and Coral Gables, each asking nearly $20 million, topped last week’s signed contracts report in Miami-Dade County, marking a

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Lease roundup: Regus takes over WeWork’s former South of Fifth space, Ares opening Sunset Harbour office
Business

Lease roundup: Regus takes over WeWork’s former South of Fifth space, Ares opening Sunset Harbour office

December 16, 2024December 16, 2024

Regus | Miami Beach  Co-working firm Regus took over office space vacated by WeWork in Miami Beach’s South of Fifth neighborhood.  Regus leased the entire

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Here are South Florida’s largest multifamily sales of 2024
Business

Here are South Florida’s largest multifamily sales of 2024

December 16, 2024December 16, 2024

South Florida’s multifamily market felt the pinch of elevated interest rates this year.  No single-asset purchase by an institutional investor broke the $200 million threshold,

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Movers & Shakers: Colliers taps Boca Raton-based VP
Business

Movers & Shakers: Colliers taps Boca Raton-based VP

December 16, 2024December 16, 2024

Firms made a flurry of South Florida real estate personnel moves ahead of the holiday season. Colliers brought in Michael Osiecki as a vice president,

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The Weekly Dirt: The Feds come knocking for the Alexander brothers
Business

The Weekly Dirt: The Feds come knocking for the Alexander brothers

December 15, 2024December 15, 2024

Oren, Tal and Alon Alexander are sitting in jail, days after the FBI arrested the brothers on federal sex trafficking charges.  It would be an

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Owens Realty, Galium sell Palm Beach Gardens Seacoast building for M
Business

Owens Realty, Galium sell Palm Beach Gardens Seacoast building for $30M

December 13, 2024December 13, 2024

Owens Realty Capital and Galium Capital sold the Seacoast Banking Centre building in Palm Beach Gardens for $30.3 million.  The deal comes at a time

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