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Category: Business

Not so fast! Cirrus’ M winning bid for downtown Miami site in dispute
Business

Not so fast! Cirrus’ $77M winning bid for downtown Miami site in dispute

December 29, 2025December 29, 2025

Brazilian developer Gilberto Bomeny wants to put the brakes on Cirrus Real Estate taking over his distressed downtown Miami redevelopment site, in a predicament playing

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PMG scores 5M construction loan for Fort Lauderdale waterfront condo
Business

PMG scores $115M construction loan for Fort Lauderdale waterfront condo

December 29, 2025December 29, 2025

PMG scored $115 million in construction financing for the 44-unit Sage condominium project on a waterfront site in Fort Lauderdale.  The 28-story building adds to

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Cash is king: Zara founder’s 4M Brickell buy tops 2025 Miami office deals
Business

Cash is king: Zara founder’s $274M Brickell buy tops 2025 Miami office deals

December 29, 2025December 29, 2025

South Florida’s top office deal this year was Spanish billionaire Amancio Ortega’s $274.4 million purchase of Brickell’s Sabadell Financial Center.  The sellers received a higher

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Simon’s 2M Brickell City Centre buy tops big year for South Florida retail 
Business

Simon’s $512M Brickell City Centre buy tops big year for South Florida retail 

December 29, 2025December 29, 2025

South Florida’s largest retail trades of 2025 were headlined by Simon Property Group’s purchase of Brickell City Centre’s shops and a wave of institutional capital

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Trilogy scores M construction loan for Edgewater apartments
Business

Trilogy scores $82M construction loan for Edgewater apartments

December 26, 2025December 26, 2025

Trilogy Real Estate Group landed an $82.3 million construction loan for a planned multifamily tower in Miami’s Edgewater.  Chicago-based Trilogy, led by president and CEO

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A look at OKO and Oak Row’s portfolio across South Florida
Business

A look at OKO and Oak Row’s portfolio across South Florida

December 26, 2025December 26, 2025

Oak Row Equities and Vlad Doronin’s OKO Group paid a record $520 million this week for a Brickell assemblage they plan to develop with a

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Can unhappy homeowners disband their HOAs? Experts doubt lawmaker’s proposal
Business

Can unhappy homeowners disband their HOAs? Experts doubt lawmaker’s proposal

December 24, 2025December 24, 2025

A path to disbanding homeowners associations for residents unhappy with their HOAs is part of a proposal ahead of next year’s session of the Florida

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Cirrus wins distressed downtown Miami development site with M credit bid
Business

Cirrus wins distressed downtown Miami development site with $77M credit bid

December 24, 2025December 24, 2025

Cirrus Real Estate won a bankruptcy auction for a distressed downtown Miami redevelopment site with a $77 million credit bid.  An affiliate of New York-based

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MG Developer, Prosper jump into hot North Bay Village with condo development
Business

MG Developer, Prosper jump into hot North Bay Village with condo development

December 24, 2025December 24, 2025

Alirio Torrealba’s MG Developer and Prosper Group are planning a 30-story waterfront condo tower in North Bay Village. MG and Prosper are proposing a 30-story,

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SC Johnson billionaire sells Palm Beach home for M
Business

SC Johnson billionaire sells Palm Beach home for $17M

December 24, 2025December 24, 2025

Billionaire SC Johnson heiress Winifred Johnson-Marquart sold a home in Palm Beach two months after upsizing to a $30 million landmarked home on the island.

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