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Category: Business

Related, BH under contract to buy waterfront West Palm Beach dev site
Business

Related, BH under contract to buy waterfront West Palm Beach dev site

July 31, 2024July 31, 2024

The Pérez family’s Related Group and the Toledanos’ BH Group are teaming up again to acquire a waterfront development site in West Palm Beach, The

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SJC, Nuveen land M construction loan for Whole Foods-anchored project in Doral
Business

SJC, Nuveen land $69M construction loan for Whole Foods-anchored project in Doral

July 31, 2024July 31, 2024

SJC Ventures and Nuveen Real Estate are moving quickly to start building a Whole Foods-anchored project in Doral, recently securing a $69.4 million construction loan.

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Tom Brady’s firm leases at Terra’s The Well in Bay Harbor Islands
Business

Tom Brady’s firm leases at Terra’s The Well in Bay Harbor Islands

July 31, 2024July 31, 2024

Former quarterback-turned-businessman Tom Brady will move his family office’s headquarters to The Well health-focused development in Bay Harbor Islands.  TEB Capital Management leased 8,400 square

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ShopOne drops M on Publix-anchored Tamarac shopping center, amid retail deal uptick
Business

ShopOne drops $36M on Publix-anchored Tamarac shopping center, amid retail deal uptick

July 31, 2024July 31, 2024

ShopOne Centers REIT is laying down $36.4 million for a Publix-anchored shopping center in Tamarac, as retail deals continue to flow across South Florida.  New

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David Martin’s Terra completes Mr. C Residences in Coconut Grove
Business

David Martin’s Terra completes Mr. C Residences in Coconut Grove

July 31, 2024July 31, 2024

David Martin’s Terra delivered Mr. C Residences in Coconut Grove, with an expected sellout of more than $500 million.  The developer partnered with Maggio Cipriani’s

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Last call for Duffy’s Tavern in Coral Gables?
Business

Last call for Duffy’s Tavern in Coral Gables?

July 31, 2024July 31, 2024

Duffy’s Tavern in Coral Gables could be ending its 70-year run after the iconic bar’s owners recently sold the property.  Wayne Russell and James Fabbricatore

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Resi roundup: Tech mogul, heiress, music boss buyers and sellers of South Florida homes
Business

Resi roundup: Tech mogul, heiress, music boss buyers and sellers of South Florida homes

July 31, 2024July 31, 2024

In the latest roundup of South Florida luxury residential deals, a home tech mogul, a tobacco and real estate heiress and a retired music industry

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Construction at Dan Kodsi’s Legacy Miami Worldcenter still on hold
Business

Construction at Dan Kodsi’s Legacy Miami Worldcenter still on hold

July 30, 2024July 30, 2024

Construction is still stalled at Legacy Hotel & Residences after a design issue halted work at the mixed-use tower at Miami Worldcenter in March. But

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Feds want to seize Miami broker Stephen Costa’s Kendall home
Business

Feds want to seize Miami broker Stephen Costa’s Kendall home

July 30, 2024July 30, 2024

Around the time Miami real estate broker Stephen Manuel Costa pleaded guilty to a federal healthcare fraud conspiracy charge in 2016, he allegedly received $384,300

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Estate lands M construction loan for West Palm rental complex, amid record multifamily pipeline
Business

Estate lands $73M construction loan for West Palm rental complex, amid record multifamily pipeline

July 30, 2024July 30, 2024

Social: As South Florida is experiencing a near-record multifamily construction pipeline, Estate Companies scored a $73M loan to build a 321-unit complex in downtown West

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