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Category: Business

Miami-Dade weekly condo sales drop to M over July 4 holiday
Business

Miami-Dade weekly condo sales drop to $48M over July 4 holiday

July 8, 2025July 8, 2025

Miami-Dade County’s condo sales and dollar volume dropped last week, over the July 4 holiday.  Brokers closed 68 condo sales totaling $47.6 million from June

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“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit
Business

“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit

July 7, 2025July 7, 2025

Developer Dan Kodsi’s Royal Palm Companies filed a counterclaim to its lender’s foreclosure lawsuit, tied to the stalled Legacy Hotel & Residences project at Miami

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“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit
Business

“Financial sabotage”: Dan Kodsi’s Legacy Miami Worldcenter tied up in foreclosure, countersuit

July 7, 2025July 8, 2025

Developer Dan Kodsi’s Royal Palm Companies filed a counterclaim to its lender’s foreclosure lawsuit, tied to the stalled Legacy Hotel & Residences project at Miami

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Miami Beach’s Sixty Sixty Resort faces M foreclosure 
Business

Miami Beach’s Sixty Sixty Resort faces $21M foreclosure 

July 7, 2025July 7, 2025

Three years after buying Sixty Sixty Resort in Miami Beach, the owners could lose the 82-key waterfront condo-hotel to foreclosure.  On June 27, De Paz

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Miami-Dade drops sexual battery charge against Ohad Fisherman
Business

Miami-Dade drops sexual battery charge against Ohad Fisherman

July 7, 2025July 7, 2025

The Miami-Dade State Attorney’s office dropped its case against real estate broker Ohad Fisherman, who was expected to stand trial this week on a sexual

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VDA lands M construction loan for Artefacto-branded Bay Harbor condos 
Business

VDA lands $31M construction loan for Artefacto-branded Bay Harbor condos 

July 7, 2025July 7, 2025

Chilean developer VDA Origin | Miami landed a $30.5 million construction loan for a planned Artefacto-branded condo project in Bay Harbor Islands. Mauricio Moya and

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Longpoint sells Broward County industrial portfolio for M
Business

Longpoint sells Broward County industrial portfolio for $70M

July 7, 2025July 7, 2025

Longpoint sold a Broward County warehouse portfolio for $69.9 million, roughly $19 million more than the previous sale price four years ago.  In the largest

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Coca-Cola bottling mogul finds buyer for M waterfront Key Biscayne mansion
Business

Coca-Cola bottling mogul finds buyer for $26M waterfront Key Biscayne mansion

July 7, 2025July 7, 2025

Art collector and Coca-Cola bottling mogul Carlos de la Cruz Sr. entered into a contract to sell his waterfront Key Biscayne mansion asking $26 million,

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Lease roundup: Steve Ross’ CityPlace lands Reformation, Alo, Bluemercury
Business

Lease roundup: Steve Ross’ CityPlace lands Reformation, Alo, Bluemercury

July 7, 2025July 7, 2025

Reformation, Alo Yoga, Bluemercury, more | West Palm Beach Billionaire Steve Ross’ CityPlace mixed-use complex in downtown West Palm Beach scored more than 125,000 square

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Developer scales down Goulds Village Center to 300 market-rate apartments 
Business

Developer scales down Goulds Village Center to 300 market-rate apartments 

July 7, 2025July 7, 2025

A developer wants to scale down its planned Goulds Village Center project to 300 units.  Lockhart Management Group, which primarily has built self-storage facilities across

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