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Category: Business

K. Hovnanian taking over development of 100 single-family homes at Brian Tuttle’s Royal Palm project
Business

K. Hovnanian taking over development of 100 single-family homes at Brian Tuttle’s Royal Palm project

December 12, 2024December 12, 2024

K. Hovnanian Homes will develop 100 single-family homes at Brian Tuttle’s Royal Palm Beach mixed-use project.  The Matawan, New Jersey-based homebuilder has a purchase option

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Plantation approves Related, BH mixed-use project
Business

Plantation approves Related, BH mixed-use project

December 12, 2024December 12, 2024

Related Group and BH Group notched final approval to develop a mixed-use complex on a former AT&T campus in Plantation. Last week, the Plantation City

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JSB Capital drops M for 197-unit Dania Beach apartment complex, amid year-end rush on multifamily deals 
Business

JSB Capital drops $69M for 197-unit Dania Beach apartment complex, amid year-end rush on multifamily deals 

December 12, 2024December 12, 2024

JSB Capital Group scooped up a 197-unit apartment complex in Dania Beach for $69 million, marking a continued year-end rush on multifamily deals in South

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L’Hermitage closing tops Broward weekly condo sales 
Business

L’Hermitage closing tops Broward weekly condo sales 

December 12, 2024December 12, 2024

Broward County’s condo sales and dollar volume rose in the first week of December, despite a drop in average prices. Brokers closed 154 condo sales

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These are the charges Oren and Alon Alexander face in Miami-Dade
Business

These are the charges Oren and Alon Alexander face in Miami-Dade

December 11, 2024December 11, 2024

Twin brothers Oren and Alon Alexander are facing felony charges of sexual battery, brought by Miami-Dade State Attorney Katherine Fernandez Rundle.  The charges, which include

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Synagogue to sell its waterfront West Palm Beach campus to Related Ross for M
Business

Synagogue to sell its waterfront West Palm Beach campus to Related Ross for $30M

December 11, 2024December 11, 2024

The members of West Palm Beach’s Temple Israel approved a $30 million deal to sell a majority of the synagogue’s waterfront campus to Related Ross,

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Related Ross lands 0M refi for CityPlace in downtown West Palm, as lending flows in South Florida
Business

Related Ross lands $200M refi for CityPlace in downtown West Palm, as lending flows in South Florida

December 11, 2024December 11, 2024

Developer Steve Ross landed a $200 million refinancing for a portion of the CityPlace mixed-use complex in downtown West Palm Beach.  The deal marks a

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Three all-star teams of developers qualify to bid on B Miami-Dade project
Business

Three all-star teams of developers qualify to bid on $10B Miami-Dade project

December 11, 2024December 11, 2024

Miami-Dade County’s ambitious plan to redevelop 17 acres of land in downtown Miami into a $10 billion mixed-use project will pit some of the biggest

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Embattled Arch Companies sells rental complex near West Palm for M, amid year-end surge of multifamily deals
Business

Embattled Arch Companies sells rental complex near West Palm for $18M, amid year-end surge of multifamily deals

December 11, 2024December 11, 2024

F/Advance Capital bought a 60-unit apartment complex near West Palm Beach for $17.5 million, amid a year-end surge of multifamily investment sales in South Florida. 

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Downtown Miami Holiday Inn hit with M UCC foreclosure, as debt woes pop up in South Florida
Business

Downtown Miami Holiday Inn hit with $70M UCC foreclosure, as debt woes pop up in South Florida

December 11, 2024December 11, 2024

The Holiday Inn Port of Miami-Downtown is headed to a foreclosure auction.  Lender Cirrus Real Estate Partners filed a Uniform Commercial Code foreclosure against the

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