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Category: Business

OKO, Cain score 0M refi for 830 Brickell amid South Florida lending flurry
Business

OKO, Cain score $630M refi for 830 Brickell amid South Florida lending flurry

December 2, 2025December 2, 2025

Vlad Doronin’s OKO Group and Cain International scored a $630 million refinancing for their 830 Brickell office tower.  The deal comes amid strong lending in

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St. Regis Sunny Isles construction loan boosted to 8M 
Business

St. Regis Sunny Isles construction loan boosted to $418M 

December 2, 2025December 2, 2025

Edgardo Defortuna’s Fortune International Group and Manuel Grosskopf’s Château Group closed on additional financing for their under-construction St. Regis Residences in Sunny Isles Beach. Little

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Remembering Robert A.M. Stern: A look at the starchitect’s South Florida projects
Business

Remembering Robert A.M. Stern: A look at the starchitect’s South Florida projects

December 2, 2025December 2, 2025

Robert A.M. Stern died last week at the age of 86, leaving behind the legacy of a 60-year career designing schools, libraries, museums, and, most

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Allen Morris scores 9M construction loan for Coconut Grove project
Business

Allen Morris scores $139M construction loan for Coconut Grove project

December 2, 2025December 2, 2025

Allen Morris Company secured a $138.5 million construction loan for its mixed-use Ziggurat development in Coconut Grove, The Real Deal has learned.  Coral Gables-based Allen

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Stone Creek Ranch mansion sells for M after price cuts
Business

Stone Creek Ranch mansion sells for $31M after price cuts

December 1, 2025December 1, 2025

Dan Dagesse, the head of a Northeast car dealership empire, sold his Stone Creek Ranch mansion for $30.5 million.  It’s a steep price cut from

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Prologis sells fully leased industrial assets for M in softening market
Business

Prologis sells fully leased industrial assets for $53M in softening market

December 1, 2025December 1, 2025

Prologis lightened its South Florida industrial portfolio after selling three Broward County warehouses for $53.1 million. An affiliate of Arnet Pharmaceuticals, led by CEO Jose

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South Beach penthouse tops slow holiday week of pending sales
Business

South Beach penthouse tops slow holiday week of pending sales

December 1, 2025December 1, 2025

A penthouse at Murano Grande in South Beach led a slow week of new signed contracts in Miami-Dade County.  The pending deal for the nearly

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Turnberry, Simon expand Aventura Mall with 1M purchase of Esplanade project 
Business

Turnberry, Simon expand Aventura Mall with $131M purchase of Esplanade project 

December 1, 2025December 1, 2025

Aventura Mall owners Turnberry and Simon Property Group are taking over an adjacent office and retail complex that was previously home to a Sears store. 

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Lease roundup: Rivani scores ice cream shop at Lincoln Theatre
Business

Lease roundup: Rivani scores ice cream shop at Lincoln Theatre

December 1, 2025December 1, 2025

MYKA | Miami Beach  A Greek yogurt ice cream shop will open its first U.S. outpost at Robert Rivani’s Lincoln Theatre building in Miami Beach. 

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Distress call: Foreclosures threaten 13 South Florida dev sites
Business

Distress call: Foreclosures threaten 13 South Florida dev sites

December 1, 2025December 1, 2025

The last couple of years have been rough on developer Brian Tuttle.  In December 2023, faced with a maturity date on three loans totaling $38.4

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