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Category: Business

Bill Fuller and partners score nearly M settlement from city of Miami 
Business

Bill Fuller and partners score nearly $13M settlement from city of Miami 

September 27, 2024September 27, 2024

Developer Bill Fuller and two partners extracted a $12.5 million settlement from the city of Miami stemming from an allegedly politically motivated code enforcement crackdown

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Former Vice President Mike Pence’s brother buys Miami Beach home 
Business

Former Vice President Mike Pence’s brother buys Miami Beach home 

September 27, 2024September 27, 2024

One of former Vice President Mike Pence’s brothers purchased a Venetian Islands home in Miami Beach earlier this year, The Real Deal has learned.  Thomas

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Alliance HP acquires first Miami-Dade industrial site for M
Business

Alliance HP acquires first Miami-Dade industrial site for $24M

September 27, 2024September 27, 2024

Alliance HP made its first foray into Miami-Dade’s industrial submarket with a $24 million warehouse acquisition near Hialeah. An affiliate of Bryn Mawr, Pennsylvania-based Alliance

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Bridge lands M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along
Business

Bridge lands $53M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along

September 27, 2024September 27, 2024

Bridge Industrial landed a $53 million construction loan to redevelop Ryder System’s former headquarters site in Miami-Dade County with a logistics complex.  Chicago-based Bridge plans

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Trading City of Gold for Miami Beach: Dubai buyer drops M on waterfront Hibiscus Island teardown
Business

Trading City of Gold for Miami Beach: Dubai buyer drops $15M on waterfront Hibiscus Island teardown

September 27, 2024September 27, 2024

A Dubai-based buyer spent an even $15 million on a waterfront Hibiscus Island teardown in Miami Beach. Records show Tina Simcox sold her late parents’

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Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market
Business

Sizing up Hurricane Helene's expected multibillion-dollar damages, effects on insurance market

September 26, 2024September 26, 2024

As Hurricane Helene churned toward Florida, property owners and insurers braced for the impact from another devastating and costly storm. The Category 3 hurricane, which

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Baptist Health wins approval for 100-bed hospital in Sunrise
Business

Baptist Health wins approval for 100-bed hospital in Sunrise

September 26, 2024September 26, 2024

Baptist Health South Florida won approval for a seven-story, 100-bed hospital in Sunrise — a city with a population of about 90,000 but no hospital.

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Trust linked to billionaire Michael Latifi drops M on Estates at Acqualina PH
Business

Trust linked to billionaire Michael Latifi drops $26M on Estates at Acqualina PH

September 26, 2024September 26, 2024

A trust linked to Iranian-Canadian billionaire Michael Latifi bought an Estates at Acqualina penthouse for $26 million. Records show the Mialla Trust bought unit PH-02

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Galium Capital snags Sunrise office building at deep discount, paying M
Business

Galium Capital snags Sunrise office building at deep discount, paying $17M

September 26, 2024September 26, 2024

In a sign that office properties in South Florida suburbs are bargain deals, Galium Capital acquired a five-story building in Sunrise for $17 million, roughly

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Beach Club II closing tops Broward weekly condo sales
Business

Beach Club II closing tops Broward weekly condo sales

September 26, 2024September 26, 2024

Broward County’s condo sales, dollar volume and price per square foot rose last week. Brokers closed 73 condo sales totaling $20.19 million from Sept. 15th

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