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Category: Business

Tribune parent’s real estate arm expands West Palm Beach industrial portfolio
Business

Tribune parent’s real estate arm expands West Palm Beach industrial portfolio

August 22, 2024August 22, 2024

Twenty Lake Holdings, a subsidiary of Tribune Publishing owner Alden Global Capital, is expanding its industrial portfolio in West Palm Beach.  An affiliate of Stamford,

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Buyers sue developer of long delayed Mandarin Oriental Boca Raton
Business

Buyers sue developer of long delayed Mandarin Oriental Boca Raton

August 22, 2024August 22, 2024

Frank and Nancy Scala signed a contract for a condo at Mandarin Oriental in Boca Raton, and expected to close on their unit in June

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Meta Development launches sales for boutique Coconut Grove condos
Business

Meta Development launches sales for boutique Coconut Grove condos

August 22, 2024August 22, 2024

Meta Development launched sales for a boutique Kobi Karp-designed condo project in Coconut Grove, with prices starting at $2.5 million.  Meta, a joint venture between

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Dan Kodsi reworks plans for Miami resi tower, seeks density boost 
Business

Dan Kodsi reworks plans for Miami resi tower, seeks density boost 

August 22, 2024August 22, 2024

Dan Kodsi’s Royal Palm Companies is reworking plans for a residential tower in Miami’s Arts & Entertainment District.  When Kodsi and his former partner, Rafael

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Funding keeps flowing: Two recently completed Miami mixed-use projects score loans totaling 7M
Business

Funding keeps flowing: Two recently completed Miami mixed-use projects score loans totaling $237M

August 21, 2024August 21, 2024

A pair of mixed-use projects built in the last two years in Miami’s Wynwood scored loans totaling $237 million.  In the larger deal, Ares Management

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Biohacking wellness influencer buys M Grove at Grand Bay PH
Business

Biohacking wellness influencer buys $20M Grove at Grand Bay PH

August 21, 2024August 21, 2024

Biohacking wellness influencer Gary Brecka dropped $19.5 million on a penthouse at Grove at Grand Bay in Coconut Grove.  Records show Brecka bought unit LPH-N

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Developer plans 75-unit Live Local Act project in Brownsville, amid surge in proposals under affordable housing law
Business

Developer plans 75-unit Live Local Act project in Brownsville, amid surge in proposals under affordable housing law

August 21, 2024August 21, 2024

A development firm plans a 75-unit Live Local Act apartment project in Brownsville, amid a surge in proposals under the state’s affordable housing legislation.  Miami-based

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Backed by real estate titans, Miami-Dade Mayor Daniella Levine Cava cruises to reelection
Business

Backed by real estate titans, Miami-Dade Mayor Daniella Levine Cava cruises to reelection

August 21, 2024August 21, 2024

Developers and commercial real estate investors are getting another four years of cozying up to Daniella Levine Cava.  Miami-Dade County’s first female mayor cruised to

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Chick-Fil-A plans new cold storage center in Weston
Business

Chick-Fil-A plans new cold storage center in Weston

August 21, 2024August 21, 2024

Atlanta-based restaurant operator Chick-Fil-A won approval to build a new cold storage warehouse and distribution facility in Weston to replace the one the company bought

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Weston rejects rezoning for Gables Residential’s planned 384-unit apartment project
Business

Weston rejects rezoning for Gables Residential’s planned 384-unit apartment project

August 21, 2024August 21, 2024

Gables Residential failed to win a rezoning of the old Bonaventure Resort & Spa site in Weston, 22.5 vacant acres where the Atlanta-based multifamily developer

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