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Category: Business

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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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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