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Category: Business

Riley Smith Group Leaves EWM for Compass
Business

Riley Smith Group Leaves EWM for Compass

June 27, 2022June 27, 2022

RIley Smith (Compass) The Riley Smith Group, one of Miami’s top brokerage teams, is leaving Berkshire Hathaway HomeServices EWM Realty after 17 years to move

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Rockpoint Sells 1221 Brickell Office Tower for 6.5M
Business

Rockpoint Sells 1221 Brickell Office Tower for $286.5M

June 24, 2022June 24, 2022

From left: Rockpoint Group’s co-founders Bill Walton and Keith Gelb in front of 1221 Brickell Avenue (Rockpoint Group, Google Maps, iStock) Rockpoint sold a Brickell

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Miami-Dade Leads Nation in Highest Industrial Rent Hike
Business

Miami-Dade Leads Nation in Highest Industrial Rent Hike

June 24, 2022June 24, 2022

Miami’s industrial market, which includes all of Miami-Dade County, is the nation’s top performer for annual rent growth, according to a JLL report. Year-over-year, the

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Estate Companies’ Pompano, Hollywood Projects Move Forward
Business

Estate Companies’ Pompano, Hollywood Projects Move Forward

June 24, 2022June 24, 2022

From left: The Estate Companies’ managing principal Robert Suris and principal Jeffrey Ardizon along with a rendering of Soleste Pompano Beach and a sitemap for

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Michael Klinger Pays .4M for Waterfront Bal Harbour Home
Business

Michael Klinger Pays $15.4M for Waterfront Bal Harbour Home

June 24, 2022June 24, 2022

Real estate investor Michael Klinger and 56 Bal Bay Dr, Bal Harbour (Zillow, Michael Klinger) Real estate investor Michael Klinger hopes to nearly double his

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Pembroke Lakes Mall Woes Could Impact 0M Loan Refi
Business

Pembroke Lakes Mall Woes Could Impact $260M Loan Refi

June 24, 2022June 24, 2022

Brookfield Properties’ Jared Chupaila and Pembroke Lakes Mall in Pembroke Pines (Brookfield Properties, LoopNet, iStock) An exodus of tenants and diminished net cash flow could

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Ex Goldman Exec Armen Avanessian Buys Palm Beach Home
Business

Ex Goldman Exec Armen Avanessian Buys Palm Beach Home

June 24, 2022June 24, 2022

Buyer Armen Avanessians and 157 Peruvian Avenue (Goldman Sachs, Realtor.com, iStock) A recently retired Goldman Sachs executive purchased a new Palm Beach home for $12.1

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Inside Texas’ Ranch Wars
Business

Inside Texas’ Ranch Wars

June 24, 2022June 24, 2022

(IStock, photo-illustration by Steven Dilakian/The Real Deal) When Covid arrived in March of 2020, third-generation Texas ranch broker Sam Middleton thought it meant a few

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A Year Since Deadly Surfside Collapse
Business

A Year Since Deadly Surfside Collapse

June 23, 2022June 23, 2022

Damac Properties’ Hussain Sajwani and the Surfside condo collapse site (Damac Properties, Getty Images, iStock) Susie Rodriguez has difficulty accepting that a new building will

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Pebb Capital JV Sells Miami Beach Hotel For M
Business

Pebb Capital JV Sells Miami Beach Hotel For $44M

June 23, 2022June 23, 2022

Spot On Ventures’ Robin Brown with The Hampton Inn by Hilton (LinkedIn, Hampton Inn) Pebb Capital and LeaseFlorida sold a renovated, historic hotel in Miami

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