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Category: Business

BH targets North Bay Village, under contract to purchase multifamily project for M-plus
Business

BH targets North Bay Village, under contract to purchase multifamily project for $80M-plus

December 19, 2024December 19, 2024

BH Group is adding a North Bay Village multifamily project to its South Florida portfolio, The Real Deal has learned. The Aventura-based firm, led by

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Here are South Florida’s top residential sales of 2024
Business

Here are South Florida’s top residential sales of 2024

December 19, 2024December 19, 2024

South Florida’s top residential sales this year reveal a tropical region fundamentally changed.  Broward County, which has always lagged behind neighboring Palm Beach and Miami-Dade

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Broward condo sales, dollar volume fall last week
Business

Broward condo sales, dollar volume fall last week

December 19, 2024December 19, 2024

Broward County’s condo sales and dollar volume fell in the second week of December. Brokers closed 117 condo sales totaling $36.6 million from Dec. 8

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Lennar plans B land banking REIT spin-off
Business

Lennar plans $5B land banking REIT spin-off

December 18, 2024December 18, 2024

Lennar, one of the nation’s largest homebuilders, plans to spin off a land banking subsidiary, Millrose Properties. The Miami-based firm, led by co-CEOs Jon Jaffe

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Bowery buys 352-unit rental complex in Lauderhill for M, as year-end multifamily deals continue
Business

Bowery buys 352-unit rental complex in Lauderhill for $44M, as year-end multifamily deals continue

December 18, 2024December 18, 2024

Bowery Properties bought a 352-unit apartment complex in Lauderhill for $44.1 million, marking a continuation of the year-end rush of South Florida multifamily investment sales. 

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Cade Capital jumps into mobile home parks, acquiring 8-acre site in West Miami for M
Business

Cade Capital jumps into mobile home parks, acquiring 8-acre site in West Miami for $27M

December 18, 2024December 18, 2024

Cade Capital expanded its real estate holdings with the $26.5 million purchase of a West Miami motel, mobile home park and Autozone store. An affiliate

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Here are South Florida’s biggest hotel sales of 2024
Business

Here are South Florida’s biggest hotel sales of 2024

December 18, 2024December 18, 2024

The top 10 South Florida hotel sales of the past year featured some of the biggest institutional names in real estate taking over a handful

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EcoStone scoops up 63-unit rental building in Miami’s Little Havana for M, amid year-end rush on multifamily deals 
Business

EcoStone scoops up 63-unit rental building in Miami’s Little Havana for $18M, amid year-end rush on multifamily deals 

December 18, 2024December 18, 2024

EcoStone Group bought a 63-unit apartment building in Miami’s Little Havana neighborhood for $17.6 million.  The deal comes amid a year-end rush on multifamily investment

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Larsen MacColl scoops up Boca Corporate Center for M, as suburban offices keep trading
Business

Larsen MacColl scoops up Boca Corporate Center for $20M, as suburban offices keep trading

December 18, 2024December 18, 2024

Larsen MacColl Partners bought the Boca Corporate Center for $20 million, marking continued appetite for South Florida suburban office buildings.  The investment firm scooped up

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Palm Beach County condo sales, dollar volume dipped last week 
Business

Palm Beach County condo sales, dollar volume dipped last week 

December 18, 2024December 18, 2024

Palm Beach County’s condo sales and dollar volume fell in the second week of December.  Brokers closed 70 condo sales totaling $28.2 million from Dec.

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