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Category: Business

Sean Conlon Pays M for Historic West Palm Building
Business

Sean Conlon Pays $18M for Historic West Palm Building

May 20, 2022May 20, 2022

Conlon & Co’s Sean Conlon with 206 Clematis Street (Loopnet, Conlon) Sean Conlon, a merchant bank founder with a soft spot for old buildings, scooped

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Home Sales, Building to Slow Amid Rate Surge: Fannie Mae
Business

Home Sales, Building to Slow Amid Rate Surge: Fannie Mae

May 20, 2022May 20, 2022

(iStock) Home prices have reached historic highs in recent months, but low inventory and rising mortgage rates have some economists warning of a slowdown in

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South Florida Home Sales Drop in April 2022
Business

South Florida Home Sales Drop in April 2022

May 20, 2022May 20, 2022

(iStock / Photo illustration by Priyanka Modi) Home sales fell in April across South Florida, as interest rates continue to climb. Sales of single-family homes,

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Lionstone Buys Miami Gardens Office Building For M
Business

Lionstone Buys Miami Gardens Office Building For $17M

May 20, 2022May 20, 2022

Lionstone’s Diego Lowenstein with 5901 Miami Gardens Drive (Lionstone, iStock, Loopnet) Lionstone Development leapt into the South Florida office feeding frenzy with a $16.8 million

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Auto Dealer George Albrecht pays M for a Palm Beach House
Business

Auto Dealer George Albrecht pays $19M for a Palm Beach House

May 19, 2022May 19, 2022

A photo illustration of 9 Via Los Incas in Palm Beach (Zillow, iStock) An auto dealership magnate has a new place to park after buying

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MG Developer JV Unveils Coconut Grove Luxury Rental Project
Business

MG Developer JV Unveils Coconut Grove Luxury Rental Project

May 19, 2022May 19, 2022

MG Developer’s Alirio Torrealba and rendering of Merrick Parc (MG Developer) MG Developer is teaming up with a New York-based real estate investment firm to

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Ex-Kushner Exec Jenny Bernell Pays M for Miami Dev Site
Business

Ex-Kushner Exec Jenny Bernell Pays $20M for Miami Dev Site

May 19, 2022May 19, 2022

Clearline Real Estate’s Jenny Bernell with Block E at 1550 (Smith Aerials) Jenny Bernell bought an Arts & Entertainment District property for $19.8 million, her

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Andre Branch’s Former Miami Beach House Flips for M
Business

Andre Branch’s Former Miami Beach House Flips for $7M

May 19, 2022May 19, 2022

From left: Stephen Macricostas and Andre Branch in front of 4535 Nautilus Court (Getty Images, Redfin) Former Miami Dolphins linebacker Orlandus Andre Branch III scored

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Worth Capital Buys Wellington Shopping Center For M
Business

Worth Capital Buys Wellington Shopping Center For $16M

May 19, 2022May 19, 2022

Worth Capital’s Charles “Rusty” Holzer and 13501 South Shore Boulevard in Wellington (Getty, Google Maps) The son of an Andy Warhol muse galloped into Palm

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Tricera Capital’s Ben Mandell Takes Over Miami Firm
Business

Tricera Capital’s Ben Mandell Takes Over Miami Firm

May 19, 2022May 19, 2022

From left: Scott Sherman and Ben Mandell (Tricera Capital, iStock/Photo Illustration by Steven Dilakian for The Real Deal) Tricera Capital’s co-founders are going their separate

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