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Category: Business

Terra, Turnberry score M grant for Miami Beach Convention Center hotel project
Business

Terra, Turnberry score $75M grant for Miami Beach Convention Center hotel project

October 16, 2024October 16, 2024

Terra and Turnberry are getting a $75 million taxpayer infusion for the joint venture’s convention center hotel project in Miami Beach. Despite securing more than

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Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 
Business

Ricardo Dunin’s Oak Capital, Edifica propose 832-key Brickell hotel, boosting their development in Miami’s financial district 

October 16, 2024October 16, 2024

Developer Ricardo Dunin and Peruvian firm Edifica propose a 43-story hotel in Brickell, marking the companies’ continued investment in Miami’s financial district.  North Development, a

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Wheelock lists The Ben West Palm Beach for 8M
Business

Wheelock lists The Ben West Palm Beach for $208M

October 16, 2024October 16, 2024

Wheelock Street Capital is accepting bids for a 208-key hotel along West Palm Beach’s waterfront, starting at $1 million per room. Greenwich, Connecticut-based Wheelock recently

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Resi roundup: NBA All Star, music producer buy, sell South Florida homes
Business

Resi roundup: NBA All Star, music producer buy, sell South Florida homes

October 16, 2024October 16, 2024

The latest roundup of South Florida residential deals included a former All Star point guard and a music producer buying and selling homes across the

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Grove at Grand Bay closing tops Miami-Dade weekly condo sales
Business

Grove at Grand Bay closing tops Miami-Dade weekly condo sales

October 16, 2024October 16, 2024

Miami-Dade County’s average condo sale price surged last week, while the total number of condos sold fell. Brokers closed 83 condo sales totaling $77.8 million

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Judge hits Tzadik CEO Adam Hendry and affiliates with .6M judgment over nationwide multifamily sales
Business

Judge hits Tzadik CEO Adam Hendry and affiliates with $10.6M judgment over nationwide multifamily sales

October 15, 2024October 15, 2024

A judge hit Adam Hendry, CEO of multifamily real estate firm Tzadik Management, and affiliated entities with a $10.6 million final judgment tied to sales

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Discount shopping: Easton nabs JCPenney store at Miami International Mall
Business

Discount shopping: Easton nabs JCPenney store at Miami International Mall

October 15, 2024October 15, 2024

Easton Group bought a JCPenney store at Miami International Mall, and the struggling retailer will stay on as the tenant. Ed Easton, chairman of his

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Price revealed: David and Victoria Beckham pay record M for waterfront Miami Beach spec mansion
Business

Price revealed: David and Victoria Beckham pay record $72M for waterfront Miami Beach spec mansion

October 15, 2024October 15, 2024

David and Victoria Beckham paid $72.3 million for a waterfront spec mansion in Miami Beach, setting a record for the city’s North Bay Road.  Retired

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Who’s on stage at TRD’s annual South Florida Forum, Nov. 6-7
Business

Who’s on stage at TRD’s annual South Florida Forum, Nov. 6-7

October 15, 2024October 15, 2024

The Miami market can’t decide whether to sink or swim.  Despite lagging condo sales and increasing office foreclosures, the city’s luxury resi segment continues to

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Investor and metals boss buys Bear’s Club mansion in Jupiter for M
Business

Investor and metals boss buys Bear’s Club mansion in Jupiter for $18M

October 15, 2024October 15, 2024

Investor and metals executive Daniel Rifkin dropped $17.7 million on a Bear’s Club mansion in Jupiter in an off-market deal. Records show Rifkin bought the

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