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Category: Business

Delphine Dray Sells Miami Beach Lot to Ilya Karpov for M
Business

Delphine Dray Sells Miami Beach Lot to Ilya Karpov for $21M

April 27, 2022April 27, 2022

Ilya Karpov and 2740 North Bay Road in Miami Beach (Pacheco Martinez & Associates) Russian businessman Ilya Karpov bought a waterfront Miami Beach lot for

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Richard Gebbia Buys Miami Beach Spec House for M
Business

Richard Gebbia Buys Miami Beach Spec House for $6M

April 26, 2022April 27, 2022

From left to right: John Gebbia Sr, David Gebbia, Richard Gebbia and John Gebbia Jr with 112 West Palm Midway (Getty, The Waterfront Team at

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Home Prices Continued to Accelerate in February
Business

Home Prices Continued to Accelerate in February

April 26, 2022April 26, 2022

(iStock) Rising mortgage rates haven’t put a damper on home prices — yet. The S&P CoreLogic Case-Shiller Index posted a 19.8 percent annual gain in

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Comprehensive Care Buys Boca Raton Assisted Living Facility
Business

Comprehensive Care Buys Boca Raton Assisted Living Facility

April 26, 2022April 26, 2022

2950 Northwest Fifth Avenue in Boca Raton (BanyanPlace.org) A Montreal-based firm specializing in health care real estate bought a pair of assisted living properties in

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Rental Asset Management Pays M for Little Havana Units
Business

Rental Asset Management Pays $30M for Little Havana Units

April 26, 2022April 26, 2022

35 Southwest Sixth Avenue (Google Maps, iStock) Rental Asset Management paid $30.1 million for the First & Sixth apartment building in Miami’s Little Havana neighborhood.

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Retail Strong, Possibly Faces With Headwinds
Business

Retail Strong, Possibly Faces With Headwinds

April 26, 2022April 26, 2022

CREC Capital’s co-founders Alan Esquenazi and Warren Weiser with 2400 Northeast 10th Court (CREC Capital, Google Maps) South Florida’s retail market rebounded from the pandemic-induced

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Valero Capital Partners Buys Miami Office Building For M
Business

Valero Capital Partners Buys Miami Office Building For $18M

April 26, 2022April 26, 2022

Valero Capital Partners’ Jim Pelusi with 5040 Northwest 7th Street (Valero Capital, Loopnet) Valero Capital Partners picked up a Miami office building for $18M, amid

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Four Seasons Brickell Closing Leads Miami-Dade Weekly Sales
Business

Four Seasons Brickell Closing Leads Miami-Dade Weekly Sales

April 26, 2022April 26, 2022

Four Seasons Residences at 1425 Brickell Avenue Miami (Condo.com) Condo sales, dollar volume and average sale price all fell last week in Miami-Dade County. Dollar

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Lissette Calderon Launches Magazine Focused on Allapattah
Business

Lissette Calderon Launches Magazine Focused on Allapattah

April 25, 2022April 25, 2022

(L-R) The AllaWay magazine cover and photos of AllaWay Creative Director Maria Galli, Editorial Director Jenny Starr Perez and Publisher Lissette Calderon (Neology Life Development

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Condo Insurers Exit Florida, Hike Rates After Collapse
Business

Condo Insurers Exit Florida, Hike Rates After Collapse

April 25, 2022April 25, 2022

5050 Northwest Seventh Street in Miami (Google Maps, iStock) Insurers have become increasingly averse to issuing policies for aging condominiums in Florida following the state

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