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Category: Business

Venetian Islands mansion in Miami Beach asking M tops signed contracts 
Business

Venetian Islands mansion in Miami Beach asking $49M tops signed contracts 

March 10, 2025March 10, 2025

Custom app makers Tom and Patricia Kennedy found a buyer for their waterfront Miami Beach mansion asking $48.5 million.  The pending sale topped last week’s

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Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law
Business

Developer plans 163-unit Live Local Act project near West Little River, amid flurry of proposals under state law

March 10, 2025March 10, 2025

A developer proposes a 163-unit Live Local Act multifamily project near West Little River, as the industry continues to seize on the state affordable housing

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Lease roundup: Chicago grocery store on tap in Flagler Village, Manolo Blahnik coming to Miami Design District
Business

Lease roundup: Chicago grocery store on tap in Flagler Village, Manolo Blahnik coming to Miami Design District

March 10, 2025March 10, 2025

Go Grocer | Fort Lauderdale  A Chicago high-end supermarket and convenience store will open its first Florida outpost in Fort Lauderdale.  Go Grocer leased 2,500

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Movers & Shakers: Codina Partners taps finance, accounting SVPs
Business

Movers & Shakers: Codina Partners taps finance, accounting SVPs

March 10, 2025March 10, 2025

In the latest South Florida real estate hiring news, firms bulked up their leadership — and one brokerage positioned itself for high-profile clientele.  Codina Partners

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The Weekly Dirt: Examining DOGE’s potential South Florida sell-off 
Business

The Weekly Dirt: Examining DOGE’s potential South Florida sell-off 

March 9, 2025March 9, 2025

Elon Musk’s potential purge of federal properties across the country includes three South Florida office buildings and the FBI’s headquarters in Miramar.  The properties could

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“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote
Business

“Out of scale”: Michael Stern’s and Gianluca Vacchi’s condo tower proposal shot down by Miami Beach board, now heads to commission vote

March 7, 2025March 7, 2025

Michael Stern’s JDS Development Group and Gianluca Vacchi’s GV Development Group are heading to the Miami Beach City Commission next month with an unfavorable recommendation

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More mileage: Krause Auto buys two Palm Beach County dealerships for M
Business

More mileage: Krause Auto buys two Palm Beach County dealerships for $31M

March 7, 2025March 7, 2025

Krause Automotive Group is branching out to South Florida after acquiring a pair of Nissan dealerships in Palm Beach County for a combined $30.5 million. 

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Savanna lands 0M construction loan for Olara in West Palm
Business

Savanna lands $380M construction loan for Olara in West Palm

March 7, 2025March 7, 2025

Savanna landed $380 million in construction financing for its waterfront Olara project in West Palm Beach. It marks a crucial milestone for the firm’s first

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13th Floor, LeFrak and Related take over Shoma dev site in Miami
Business

13th Floor, LeFrak and Related take over Shoma dev site in Miami

March 7, 2025March 8, 2025

Shoma Group is abandoning plans to redevelop a shuttered car dealership, selling the 2.5-acre site for $35 million to a group that includes Richard LeFrak’s

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Developer Vlad Doronin sells waterfront Star Island estate for record 0M 
Business

Developer Vlad Doronin sells waterfront Star Island estate for record $120M 

March 7, 2025March 7, 2025

Billionaire developer Vlad Doronin sold his waterfront Star Island estate for $120 million, setting a new record for home sales in Miami-Dade County.  Doronin’s Garden

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