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Category: Business

Midtown Miami developer Jon Samuel heads north, pays M for Broward Mall’s shuttered Sears store
Business

Midtown Miami developer Jon Samuel heads north, pays $28M for Broward Mall’s shuttered Sears store

December 13, 2024December 13, 2024

Jon Samuel, one of the first developers at Midtown Miami, is venturing into Broward County, acquiring a shuttered Sears store for $28 million. An affiliate

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Al Adelson, Morrisons launch sales for Berkeley condos in West Palm Beach
Business

Al Adelson, Morrisons launch sales for Berkeley condos in West Palm Beach

December 13, 2024December 13, 2024

Developer Al Adelson and the Morrison family’s Sympatico Real Estate broke ground and launched sales for their planned West Palm Beach condo project. Shovels hit

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Miami Heat’s Jimmy Butler renting waterfront Miami Beach mansion for over K
Business

Miami Heat’s Jimmy Butler renting waterfront Miami Beach mansion for over $70K

December 12, 2024December 12, 2024

Miami Heat superstar Jimmy Butler is renting a waterfront Miami Beach home for more than $70,000 a month, The Real Deal has learned.  Butler, who

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K. Hovnanian taking over development of 100 single-family homes at Brian Tuttle’s Royal Palm project
Business

K. Hovnanian taking over development of 100 single-family homes at Brian Tuttle’s Royal Palm project

December 12, 2024December 12, 2024

K. Hovnanian Homes will develop 100 single-family homes at Brian Tuttle’s Royal Palm Beach mixed-use project.  The Matawan, New Jersey-based homebuilder has a purchase option

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Plantation approves Related, BH mixed-use project
Business

Plantation approves Related, BH mixed-use project

December 12, 2024December 12, 2024

Related Group and BH Group notched final approval to develop a mixed-use complex on a former AT&T campus in Plantation. Last week, the Plantation City

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JSB Capital drops M for 197-unit Dania Beach apartment complex, amid year-end rush on multifamily deals 
Business

JSB Capital drops $69M for 197-unit Dania Beach apartment complex, amid year-end rush on multifamily deals 

December 12, 2024December 12, 2024

JSB Capital Group scooped up a 197-unit apartment complex in Dania Beach for $69 million, marking a continued year-end rush on multifamily deals in South

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L’Hermitage closing tops Broward weekly condo sales 
Business

L’Hermitage closing tops Broward weekly condo sales 

December 12, 2024December 12, 2024

Broward County’s condo sales and dollar volume rose in the first week of December, despite a drop in average prices. Brokers closed 154 condo sales

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These are the charges Oren and Alon Alexander face in Miami-Dade
Business

These are the charges Oren and Alon Alexander face in Miami-Dade

December 11, 2024December 11, 2024

Twin brothers Oren and Alon Alexander are facing felony charges of sexual battery, brought by Miami-Dade State Attorney Katherine Fernandez Rundle.  The charges, which include

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Synagogue to sell its waterfront West Palm Beach campus to Related Ross for M
Business

Synagogue to sell its waterfront West Palm Beach campus to Related Ross for $30M

December 11, 2024December 11, 2024

The members of West Palm Beach’s Temple Israel approved a $30 million deal to sell a majority of the synagogue’s waterfront campus to Related Ross,

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Related Ross lands 0M refi for CityPlace in downtown West Palm, as lending flows in South Florida
Business

Related Ross lands $200M refi for CityPlace in downtown West Palm, as lending flows in South Florida

December 11, 2024December 11, 2024

Developer Steve Ross landed a $200 million refinancing for a portion of the CityPlace mixed-use complex in downtown West Palm Beach.  The deal marks a

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