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Category: Business

Longpoint Pays M For Hialeah Shopping Center
Business

Longpoint Pays $43M For Hialeah Shopping Center

August 9, 2022August 9, 2022

Longpoint Realty Managing and Founding Partner Dwight Angelini and the El Paraiso shopping center at 1700 and 1800 West 68th Street in Hialeah (LinkedIn, Google

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Damac’s Hussain Sajwani on Surfside Project and US Expansion
Business

Damac’s Hussain Sajwani on Surfside Project and US Expansion

August 9, 2022August 9, 2022

Damac Properties founder Hussain Sajwani and 8777 Collins Avenue, Surfside, Fl (Getty, Twitter/HussainSajwani) Hussain Sajwani had been trying to break into U.S. real estate for

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LeFrak, Soffer Begin Leasing Latest SoLé Mia Rental Building
Business

LeFrak, Soffer Begin Leasing Latest SoLé Mia Rental Building

August 9, 2022August 9, 2022

Turnberry Associates’ Jackie Soffer and LeFrak’s Richard LeFrak with Rendering of the Villa Laguna (Turnberry Associates, Getty Images, SoLe Mia Rentals) Richard LeFrak and Jackie

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Muse Residences in Sunny Isles Beach Leads Miami-Dade Condo Sales
Business

Muse Residences in Sunny Isles Beach Leads Miami-Dade Condo Sales

August 9, 2022August 9, 2022

17141 Collins Ave (Condo, Getty) Condo prices in Miami-Dade continue to recover. In August’s first week, prices were up, and ranged from $1.7 million to

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Recession May Drive Growth in Single-Family Rental Sector
Business

Recession May Drive Growth in Single-Family Rental Sector

August 9, 2022August 9, 2022

The single-family rental sector has grown steadily in value (Source: John Burns Real Estate Consulting) As housing braces for a prolonged downturn, the single-family rental sector

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Surfside Condo Collapse Unit Owners Owe Property Taxes for 2022
Business

Surfside Condo Collapse Unit Owners Owe Property Taxes for 2022

August 8, 2022August 8, 2022

Champlain Towers South site (Getty Images) The 136 owners of the collapsed Champlain Towers South in Surfside are on the hook for an $787,000 property

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Trump Group Completes Estates at Acqualina South, Settles Litigation
Business

Trump Group Completes Estates at Acqualina South, Settles Litigation

August 8, 2022August 8, 2022

A rendering of the Estates at Acqualina’s and Jules Trump (Estates at Acqualina’s, Trump by Sonya Revell) The Estates at Acqualina’s south tower has finally

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Medley Truck Yard Sells for M, Quadruple Its 2017 Price
Business

Medley Truck Yard Sells for $15M, Quadruple Its 2017 Price

August 8, 2022August 8, 2022

Realterm Logistics CEO Robert Fordi and the vacant lot at the intersection of northwest 104th Street and northwest 95th Avenue (Realterm, Ferreira Construction) A warehouse

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Blackstone Sells 5 South Florida Budget Hotels For M
Business

Blackstone Sells 5 South Florida Budget Hotels For $61M

August 8, 2022August 8, 2022

G6 Hospitality CEO Rob Palleschi and the Motel 6 at 825 East Dania Beach Boulevard (LinkedIn, Google Maps) Blackstone sold off a quintet of budget

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BlackRock Opening at Stephen Ross’ West Palm Office Tower
Business

BlackRock Opening at Stephen Ross’ West Palm Office Tower

August 8, 2022August 8, 2022

From left: BlackRock’s Larry Fink and Related Companies’ Stephen Ross in front of 360 South Rosemary Avenue in West Palm Beach (Getty Images, LoopNet) Investment

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