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Category: Business

Park Colony Apartments In Hollywood Sell For M
Business

Park Colony Apartments In Hollywood Sell For $70M

August 16, 2022August 17, 2022

From left: American Landmark’s Joseph Lubeck, Park Row Equity Partners’ President Alan Steinberg and the Park Colony Apartments at 812 South Park Road (Google Maps,

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Trinsic Scores M Construction Loan for NMB Apartments
Business

Trinsic Scores $99M Construction Loan for NMB Apartments

August 16, 2022August 17, 2022

Trinsic Residential Group’s Brian Tusa with 16955-17071 West Dixie Highway (Google Maps, Trinsic Residential) Trinsic Residential Group scored a $99 million loan to build an

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BH Plans 30-story Rental Tower in North Miami Beach
Business

BH Plans 30-story Rental Tower in North Miami Beach

August 16, 2022August 17, 2022

A rendering of BH Group’s planned project at 2261 Northeast 164th (Cohen Freedman Encinosa & Associates, Getty) Fresh off purchasing a mixed-use development site in

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Edition in Miami Beach Leads Miami-Dade Condo Sales
Business

Edition in Miami Beach Leads Miami-Dade Condo Sales

August 16, 2022August 17, 2022

Edition Residences unit 901 (Abraham Henandez) Condo sale prices in Miami-Dade continue to hold steady. In the second week of August, sale prices ranged from

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Soffer’s Firm Buys Out Beachfront Condo on Jupiter Island
Business

Soffer’s Firm Buys Out Beachfront Condo on Jupiter Island

August 15, 2022August 15, 2022

Fontainebleau Development’s Jeff Soffer and Brett Mufson, with the Regency Condominium at 250 Beach Road in Tequesta (Regency) Jeffrey Soffer’s Fontainebleau Development purchased all of

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Resi Brokerage Compass lost 1M in Q2
Business

Resi Brokerage Compass lost $101M in Q2

August 15, 2022August 15, 2022

Compass CEO Robert Reffkin (Getty) Compass suffered losses of $101.1 million in the second quarter, the residential brokerage said Monday, noting that it will embark

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Estate Plans Its 2nd North Miami Beach Rental Tower
Business

Estate Plans Its 2nd North Miami Beach Rental Tower

August 15, 2022August 15, 2022

With construction underway on its first North Miami Beach apartment tower, The Estate Companies wants to dive into another multifamily project in the city. Estate

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Little Havana Could Get Its First Short-Term Rental Building
Business

Little Havana Could Get Its First Short-Term Rental Building

August 15, 2022August 15, 2022

A photo illustration of 950 Southwest 8th Street and the adjacent vacant lot at 930-940 Southwest 8th Street in Little Havana (Getty Images, Google Maps)

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Adam Neumann Lands 0M From a16Z for Resi Venture
Business

Adam Neumann Lands $350M From a16Z for Resi Venture

August 15, 2022August 15, 2022

From left: Adam Neumann and Marc Andreessen (Getty Images) Adam Neumann is back in the real estate game with a new venture and a heavyweight

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WATCH: Damac’s Hussain Sajwani on Developing Surfside Site
Business

WATCH: Damac’s Hussain Sajwani on Developing Surfside Site

August 15, 2022August 15, 2022

South Florida’s luxury condominium market has cooled from two years of feverish demand and sales. High mortgage rates, inflation and the looming possibility of a

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