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Category: Business

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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Buyers’ Share of Home Purchases Drops: Zillow Report
Business

Buyers’ Share of Home Purchases Drops: Zillow Report

June 14, 2022June 14, 2022

Offerpad’s Brian Bair and Opendoor’s Eric Wu (LinkedIn, Twitter, iStock) The iBuyer invasion is now looking more like an incursion. Perhaps even an expeditionary force.

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87 Park Closing Leads Miami-Dade Weekly Condo Sales
Business

87 Park Closing Leads Miami-Dade Weekly Condo Sales

June 14, 2022June 14, 2022

Eighty Seven Park (Google Maps, iStock) Miami-Dade County condo sales tumbled last week, with the number of sales, dollar volume, and average sale price below

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Are Agents Stars or Soldiers? Depends on the Brokerage
Business

Are Agents Stars or Soldiers? Depends on the Brokerage

June 14, 2022June 14, 2022

Despite traditional resi brokerage dealing with technology-based disruptors and struggling stock prices, it isn’t dead — and it doesn’t look like it will be any

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Hollywood Mixed-Use Project Sells For M
Business

Hollywood Mixed-Use Project Sells For $66M

June 13, 2022June 13, 2022

Charles “Chip” Abele and the 1818 Park project at 1818 Hollywood Boulevard (1818 Park) Charles “Chip” Abele sold a Hollywood mixed-use project for $65.6 million

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