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Category: Business

Meet Michael Stern’s new partner, Italian entrepreneur Gianluca Vacchi
Business

Meet Michael Stern’s new partner, Italian entrepreneur Gianluca Vacchi

October 29, 2024October 29, 2024

Italian entrepreneur Gianluca Vacchi is partnering with developer Michael Stern, taking his marketing chops and wellness expertise to work on a $4 billion pipeline of

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After two years, Jeffrey Soffer sells Turnberry Ocean Club condo for M
Business

After two years, Jeffrey Soffer sells Turnberry Ocean Club condo for $16M

October 29, 2024October 29, 2024

After two years on the market, billionaire developer Jeffrey Soffer sold a unit at Turnberry Ocean Club in Sunny Isles Beach for $16 million. Records

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Echo Brickell closing tops Miami-Dade weekly condo sales 
Business

Echo Brickell closing tops Miami-Dade weekly condo sales 

October 29, 2024October 29, 2024

A whopping $33 million penthouse closing boosted Miami-Dade County condo sales last week. Brokers closed 112 condo sales totaling $87.7 million from Oct. 20th to

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Soccer star Neymar buys waterfront Bal Harbour property for M
Business

Soccer star Neymar buys waterfront Bal Harbour property for $26M

October 28, 2024October 28, 2024

Soccer superstar Neymar is the latest player to put down roots in South Florida.  The Brazilian footballer, whose name is Neymar da Silva Santos Júnior,

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Auto dealers Ali and Faisal Ahmed jump into South Florida’s industrial market, buying Miami Lakes warehouse for M
Business

Auto dealers Ali and Faisal Ahmed jump into South Florida’s industrial market, buying Miami Lakes warehouse for $38M

October 28, 2024October 28, 2024

Auto dealers Ali and Faisal Ahmed are revved up for South Florida’s industrial market, dropping $38.2 million for a Miami Lakes warehouse. An entity managed

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PMG acquires development site for waterfront Fort Lauderdale condo project
Business

PMG acquires development site for waterfront Fort Lauderdale condo project

October 28, 2024October 28, 2024

PMG paid $19.2 million for a waterfront co-op building on Fort Lauderdale’s Intracoastal Waterway, as the firm moves forward with plans for a condo tower

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Waterfront Coral Gables mansion asking M tops signed contracts
Business

Waterfront Coral Gables mansion asking $16M tops signed contracts

October 28, 2024October 28, 2024

A waterfront home in Coral Gables asking nearly $16 million topped last week’s Eklund-Gomes signed contracts report in Miami-Dade County.  The renovated 8,305-square-foot, five-bedroom Cocoplum

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Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more
Business

Lease roundup: Aldi, Ross Dress for Less on tap at Swerdlow’s Overtown project, Brickell City Centre lands Marc Jacobs, Anthropologie and more

October 28, 2024October 28, 2024

Target, Aldi, Burlington, more | Overtown | Miami  Retailers are starting to open at developer Michael Swerdlow’s Sawyer’s Walk project in Miami’s Overtown.  Already open

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Morgan, Carlyle land M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot
Business

Morgan, Carlyle land $67M loan for multifamily redevelopment of Pompano Beach Macy’s and parking lot

October 28, 2024October 28, 2024

Morgan Group and Carlyle Group landed a $67 million loan for the redevelopment of a closed Macy’s and adjacent lot in Pompano Beach, where the

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The Weekly Dirt: Miami River developers tap Alan Faena’s star power
Business

The Weekly Dirt: Miami River developers tap Alan Faena’s star power

October 27, 2024October 27, 2024

Just when it felt like fewer branded condo projects were launching sales, Edgardo Defortuna and Shahab Karmely unveiled another.  The joint venture partners on a

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