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Category: Business

CGI Merchant loses 550 Biltmore as its portfolio cracks
Business

CGI Merchant loses 550 Biltmore as its portfolio cracks

February 3, 2026February 3, 2026

CGI Merchant Group is catching zero breaks, as its South Florida portfolio unravels under the crushing weight of debt woes.  In the latest trouble, the

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Steve Ross, Ken Griffin pledge M in push for South Florida office relocations
Business

Steve Ross, Ken Griffin pledge $10M in push for South Florida office relocations

February 3, 2026February 3, 2026

Billionaires Steve Ross and Ken Griffin moved their businesses to South Florida in recent years, and now they are spreading the gospel of its economic

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Aviation mogul sells oceanfront Palm Beach County manse for M
Business

Aviation mogul sells oceanfront Palm Beach County manse for $32M

February 3, 2026February 3, 2026

Aviation mogul Robert G. Fessler sold his oceanfront Manalapan estate for $31.5 million, The Real Deal has learned.  Fessler sold the mansion at 880 South

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Veto: Miami-Dade mayor blocks controversial industrial project outside UDB
Business

Veto: Miami-Dade mayor blocks controversial industrial project outside UDB

February 3, 2026February 3, 2026

Miami-Dade County Mayor Daniella Levine Cava blocked an industrial project planned on 245 acres outside the Urban Development Boundary, citing concerns over wetlands and other

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South Florida’s top deals: Garbage magnate drops M on oceanfront Palm Beach manse
Business

South Florida’s top deals: Garbage magnate drops $78M on oceanfront Palm Beach manse

February 3, 2026February 3, 2026

🏆 Residential: The top home sale recorded in South Florida was in Palm Beach, where Anthony Lomangino, a waste management magnate and Trump appointee, and

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“Trash kingpin,” Trump appointee Anthony Lomangino drops M on Palm Beach trophy estate
Business

“Trash kingpin,” Trump appointee Anthony Lomangino drops $77M on Palm Beach trophy estate

February 2, 2026February 3, 2026

“Trash kingpin” and Trump appointee Anthony Lomangino bought a historic Palm Beach estate known as Villa Flora for $76.7 million in an off-market deal. Records

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Zom, Ascentris swing for 9M office redevelopment in Doral
Business

Zom, Ascentris swing for $119M office redevelopment in Doral

February 2, 2026February 3, 2026

Ascentris and Zom Living are teeing up the redevelopment of a Doral office building after buying the property for $26.5 million and nabbing a $92.3

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13th Floor, Rockpoint score 0M construction loan for rental project near Tri-Rail stop
Business

13th Floor, Rockpoint score $100M construction loan for rental project near Tri-Rail stop

February 2, 2026February 3, 2026

13th Floor Investments and Rockpoint scored a $100 million construction loan for an apartment project near the Boca Raton Tri-Rail station.  The 340-unit development hit

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Five Park penthouse asking M tops Miami-Dade luxe contracts
Business

Five Park penthouse asking $21M tops Miami-Dade luxe contracts

February 2, 2026February 2, 2026

A Five Park penthouse and a tech mogul’s Venetian Islands home were the most expensive listings to go into contract in Miami-Dade County last week.

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RFR’s 100 Biscayne office tower hits market for 0M in downtown Miami
Business

RFR’s 100 Biscayne office tower hits market for $130M in downtown Miami

February 2, 2026February 2, 2026

RFR Realty is looking to offload its downtown Miami office tower for about $130 million, The Real Deal has learned.  New York-based RFR listed the

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