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Category: Business

Trion Buys West Miami-Dade Rentals From Grand Peaks for M
Business

Trion Buys West Miami-Dade Rentals From Grand Peaks for $87M

June 15, 2022June 15, 2022

A rendering of the Art 88 apartment complex at 8855 Fontainebleau Boulevard in Miami-Dade County with Trion Properties Managing Partners Max Sharkansky and Mitch Paskover

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Mortgage Rates Reach 6%, Tempering Hot Housing Market
Business

Mortgage Rates Reach 6%, Tempering Hot Housing Market

June 15, 2022June 15, 2022

Federal Reserve Chair Jerome Powell (Getty, Freddie Mac, iStock) After reaching record-breaking lows during the pandemic, mortgage rates have been climbing at a similarly historic

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Related Group JV Pays .5M for Fort Lauderdale Dev Site
Business

Related Group JV Pays $15.5M for Fort Lauderdale Dev Site

June 15, 2022June 15, 2022

409 Southeast Eighth Street in Fort Lauderdale with Related Group CEO Jorge Pérez and President Jon Paul Pérez and Henry Pino, principal at Alta Development

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America’s Housing Market Appears Headed for a Drastic Slowdown
Business

America’s Housing Market Appears Headed for a Drastic Slowdown

June 15, 2022June 15, 2022

(Photo-illustration by Paul Dilakian/The Real Deal) UPDATED June 14, 2022, 5:45 p.m.:  For months, Compass agent Diana Sutherlin has been running like a bartender at

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Ares Buys Hialeah Industrial Development Sites For M
Business

Ares Buys Hialeah Industrial Development Sites For $62M

June 14, 2022June 14, 2022

Ares co-founder, President and CEO Michael Arougheti and Countyline Corporate Park in Hialeah (Ares, Miller Construction Company, iStock) Ares Management made a $62 million double

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Michael Stern’s JDS Gets M Loan for Brickell High-Rise
Business

Michael Stern’s JDS Gets $86M Loan for Brickell High-Rise

June 14, 2022June 14, 2022

Michael Stern with rendering of 1 Southside Park (DS Development Group and SHoP Architects) New York and Miami developer Michael Stern secured an $86 million

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Block Capital Group Sells Wynwood Miami Buildings For M
Business

Block Capital Group Sells Wynwood Miami Buildings For $19M

June 14, 2022June 14, 2022

A photo illustration of 85 Northeast 27th Street (top) and 100 Northeast 28th Street (bottom) (LoopNet, iStock) Block Capital Group sold a pair of warehouses

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US Polo Association Pays M for Mark Bellissimo Property
Business

US Polo Association Pays $95M for Mark Bellissimo Property

June 14, 2022June 14, 2022

From left: United States Polo Association Chairman Stewart Armstrong (buyer) and Mark Bellissimo (seller) (USPA, LinkedIn/Mark Bellissimo, Google Maps) Wellington developer Mark Bellissimo sold the

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Fisher Island Developer Begins Sales of Single-Family Homes
Business

Fisher Island Developer Begins Sales of Single-Family Homes

June 14, 2022June 14, 2022

Heinrich Von Hanau and rendering of The Links Estates at Fisher Island (Fisher Island Holdings LLC, iStock) Fisher Island developer Heinrich von Hanau launched sales

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TRD’s South Florida Real Estate Showcase Returns Nov. 10
Business

TRD’s South Florida Real Estate Showcase Returns Nov. 10

June 14, 2022July 19, 2022

Save the Date: TRD’s South Florida Showcase + Forum returns Nov. 10 As any savvy investor knows, it’s never too soon to start planning ahead.

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