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Category: Business

Link lightens South Florida portfolio, sells Fort Lauderdale mixed-use building for M
Business

Link lightens South Florida portfolio, sells Fort Lauderdale mixed-use building for $19M

October 25, 2024October 25, 2024

Link Real Estate’s South Florida portfolio just got a little lighter after the Miami-based firm sold a Fort Lauderdale building for $19 million. A Link

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Mark Bellissimo, partners buy back Wellington International showgrounds
Business

Mark Bellissimo, partners buy back Wellington International showgrounds

October 25, 2024October 25, 2024

Developer Mark Bellissimo and his partners cut a deal to buy back Wellington International, the horse showgrounds at the heart of the village’s equestrian economy,

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Cayon, Easton ring up M Walmart-anchored shopping center purchase in Homestead
Business

Cayon, Easton ring up $17M Walmart-anchored shopping center purchase in Homestead

October 25, 2024October 25, 2024

Cayon Development Group and Easton Group are joining the wave of buyers snatching up South Florida shopping centers, paying $16.8 million for a Homestead retail

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Vanderbilt scores approval for 0M West Palm Beach campus 
Business

Vanderbilt scores approval for $520M West Palm Beach campus 

October 25, 2024October 25, 2024

“Welcome to Palm Beach County,” county Mayor Maria Sachs said, as the room erupted in applause.  Sachs had just presided over the unanimous approval of

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Terra Scores Approval for Key Biscayne Condo Project
Business

Terra Scores Approval for Key Biscayne Condo Project

October 25, 2024October 25, 2024

Developer David Martin plans a luxury condominium in Key Biscayne, on the site of the Silver Sands Beach Resort.  Martin’s Coconut Grove-based Terra is under

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Resi roundup: Long-haul trucking, entertainment bosses buy South Florida homes
Business

Resi roundup: Long-haul trucking, entertainment bosses buy South Florida homes

October 25, 2024October 25, 2024

In the latest roundup of South Florida luxury residential deals, long-haul trucking and entertainment moguls bought homes. Deals spanned Miami to Palm Beach Gardens, and

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Hammocks ex-president’s uncle charged in alleged massive fraud
Business

Hammocks ex-president’s uncle charged in alleged massive fraud

October 24, 2024October 24, 2024

An uncle of former Hammocks board president Marglli Gallego, the alleged ringleader of a massive fraud that unfolded at the homeowners association, was charged in

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Homeowners’ secret deal to support Barry Sternlicht and partners’ plan to redevelop Standard Miami Beach creates ethical dilemma
Business

Homeowners’ secret deal to support Barry Sternlicht and partners’ plan to redevelop Standard Miami Beach creates ethical dilemma

October 24, 2024October 24, 2024

A secret $1.2 million deal between billionaire Barry Sternlicht, his partners and a homeowner’s group for supporting a $61 million redevelopment of the Standard Miami

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South Florida resi sales, dollar volume plummet in September 
Business

South Florida resi sales, dollar volume plummet in September 

October 24, 2024October 24, 2024

South Florida’s residential market took a nosedive in September, with sales and dollar volume dropping throughout the tri-county region.    Total dollar volume dropped 16

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Lowenstein family’s Lionstone buys Pearl condo dev site in Palm Beach Shores
Business

Lowenstein family’s Lionstone buys Pearl condo dev site in Palm Beach Shores

October 24, 2024October 24, 2024

The Lowenstein family’s Lionstone Development bought the site for a planned condo project in Palm Beach Shores. Records show a Lionstone affiliate bought the site

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