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Category: Business

Mapping the five proposed Live Local Act projects in Miami’s Wynwood
Business

Mapping the five proposed Live Local Act projects in Miami’s Wynwood

October 15, 2024October 15, 2024

On the corner of Northwest Sixth Avenue and Northwest 26th Street in Miami’s Wynwood, a developer wants to replace the one-story Austin Burke menswear store

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Lender seeks M foreclosure against Hollywood warehouse owner
Business

Lender seeks $13M foreclosure against Hollywood warehouse owner

October 14, 2024October 14, 2024

A Hollywood warehouse owner is in danger of losing the building to foreclosure. Nearly a dozen entities managed by David Frank in Miami allegedly failed

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MG Developer’s pipeline grows after landing M for Coral Gables condo project
Business

MG Developer’s pipeline grows after landing $15M for Coral Gables condo project

October 14, 2024October 14, 2024

MG Developer nabbed a $14.5 million loan for pre-development costs associated with a planned Coral Gables boutique condominium project. Three New Tork-based lenders, H Equities,

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Buyer revealed: Kushner purchasing Hamilton apartment tower in Miami’s Edgewater for 0M
Business

Buyer revealed: Kushner purchasing Hamilton apartment tower in Miami’s Edgewater for $190M

October 14, 2024October 14, 2024

Aimco is selling the bayfront Hamilton apartment tower in Miami’s Edgewater to Kushner Companies, The Real Deal has learned.  Denver-based Aimco, led by CEO Wes

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Oceana Bal Harbour developer finds buyer for M penthouse 
Business

Oceana Bal Harbour developer finds buyer for $24M penthouse 

October 14, 2024October 14, 2024

Oceana Bal Harbour developer Eduardo Costantini found a buyer for a penthouse that’s asking $23.5 million, topping last week’s residential signed contracts report in Miami-Dade

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Lease roundup: Acore, Trinity opening Coconut Grove offices; Daymond John sets up Wynwood outpost
Business

Lease roundup: Acore, Trinity opening Coconut Grove offices; Daymond John sets up Wynwood outpost

October 14, 2024October 14, 2024

Acore Capital, Trinity Investments | Coconut Grove | Miami Acore Capital and Trinity Investments will open offices in Miami’s Coconut Grove, marking their continued investment

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HTG teams up with Alonzo Mourning’s nonprofit on Overton affordable housing project
Business

HTG teams up with Alonzo Mourning’s nonprofit on Overton affordable housing project

October 14, 2024October 14, 2024

Housing Trust Group and NBA Hall of Famer Alonzo Mourning’s nonprofit plan a 120-unit affordable housing project in Overtown, as development of below-market rate rentals

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The Weekly Dirt: Star Island lawsuit highlights realtors’ vulnerability
Business

The Weekly Dirt: Star Island lawsuit highlights realtors’ vulnerability

October 13, 2024October 13, 2024

A dispute over the commission on the $57 million sale of a waterfront estate illustrates how agents lack protection, even when they are working with

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Bridge Industrial expands warehouse portfolio near Miami International Airport with M purchase
Business

Bridge Industrial expands warehouse portfolio near Miami International Airport with $45M purchase

October 11, 2024October 11, 2024

Bridge Industrial continues stacking up warehouse sites in Miami-Dade County, acquiring a Doral business park for $45.4 million. An affiliate of Chicago-based Bridge, led by

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Diana Ross rents out waterfront Venetian Islands house for K a month
Business

Diana Ross rents out waterfront Venetian Islands house for $95K a month

October 11, 2024October 11, 2024

The Queen of Motown found a renter for her waterfront Venetian Islands home in Miami for $95,000 a month, The Real Deal has learned. Diana

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