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Category: Business

French Montana buyer of oceanfront Golden Beach home
Business

French Montana buyer of oceanfront Golden Beach home

October 18, 2024October 18, 2024

French Montana is the buyer of an oceanfront Golden Beach home that recently sold for $22 million, The Real Deal has learned.  The Moroccan-American rapper,

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La Cascade and Tiffany House tie for priciest Broward weekly condo sale 
Business

La Cascade and Tiffany House tie for priciest Broward weekly condo sale 

October 18, 2024October 18, 2024

Broward County’s condo sales, dollar volume, and price per square foot fell last week. Two closings tied for the top spot. Brokers closed 70 condo

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Race to the top: Developer proposes 1,000-foot-plus mixed-use Brickell supertall
Business

Race to the top: Developer proposes 1,000-foot-plus mixed-use Brickell supertall

October 17, 2024October 17, 2024

Walter Defortuna, brother of Miami developer and broker Edgardo Defortuna, is proposing a 1,010-foot tall mixed-use tower in Brickell. The plan is the latest in

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BH, Related add West Palm Beach dev site to growing portfolio Tristan Simon
Business

BH, Related add West Palm Beach dev site to growing portfolio Tristan Simon

October 17, 2024October 17, 2024

BH Group and Related Group snatched up another development site, paying $34 million for a waterfront lot in West Palm Beach nearby another project the

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Waste management boss buys M spec mansion in Boca Raton’s priciest neighborhood
Business

Waste management boss buys $20M spec mansion in Boca Raton’s priciest neighborhood

October 17, 2024October 17, 2024

Waste management boss Brendan Pantano bought a $19.8 million non-waterfront spec mansion in Boca Raton’s priciest neighborhood, Royal Palm Yacht & Country Club. Records show

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Condo sales tumble across South Florida in the third quarter
Business

Condo sales tumble across South Florida in the third quarter

October 17, 2024October 17, 2024

Residential pricing and inventory rose across much of South Florida in the third quarter, according to the latest Douglas Elliman reports.  Single-family home sales were

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Azure closing tops Palm Beach County weekly condo sales 
Business

Azure closing tops Palm Beach County weekly condo sales 

October 17, 2024October 17, 2024

Palm Beach County condo sales and dollar volume plummeted last week. Brokers closed 57 condo sales totaling $22.1 million from Oct. 8th to Oct. 15th.

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Fashion Nova founder buys waterfront Miami Beach spec home and non-waterfront house for M
Business

Fashion Nova founder buys waterfront Miami Beach spec home and non-waterfront house for $30M

October 16, 2024October 16, 2024

Fashion Nova founder and CEO Richard Saghian paid $30 million for a waterfront spec home and non-waterfront house in Miami Beach, The Real Deal has

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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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