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Category: Business

Miami Firm Pays M for Lauderhill Bulk Condo Deal
Business

Miami Firm Pays $17M for Lauderhill Bulk Condo Deal

March 17, 2022March 17, 2022

Circle One Condominium (CoStar) In a bulk purchase, REO Asset Specialists bought the majority of the condos at an aging complex in Lauderhill for $17.4

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MiamiCentral Apartments Sell for Over 0M in Record Deal
Business

MiamiCentral Apartments Sell for Over $400M in Record Deal

March 16, 2022March 16, 2022

Harbor City Groups Jordan Sloane and Richard Litton with ParkLine Miami (Harbor City Group, ParkLine) Harbor Group International bought the pair of ParkLine Miami apartment

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Miami-Dade Passes 60 Days Notice Rent Hike Law for Landlords
Business

Miami-Dade Passes 60 Days Notice Rent Hike Law for Landlords

March 16, 2022March 16, 2022

Commissioner Eileen Higgins (Eileen Higgins, iStock) Residential landlords in Miami-Dade County are now required to provide tenants with at least 60 days’ notice of rent

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Chicago Developer’s Widow Sold Fort Lauderdale Home for M
Business

Chicago Developer’s Widow Sold Fort Lauderdale Home for $9M

March 16, 2022March 16, 2022

The widow of a Chicago real estate developer sold a waterfront Fort Lauderdale home for $8.5 million to a local investor of commercial properties. Property

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Cultural Center Coming to Fort Lauderdale’s Flagler Village
Business

Cultural Center Coming to Fort Lauderdale’s Flagler Village

March 16, 2022March 16, 2022

Rendering of the planned park and cultural center in the Flagler Village area of Fort Lauderdale (City of Fort Lauderdale) City commissioners approved a restaurant

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North Miami Beach Board OK’s Carpe’s Apartment Project
Business

North Miami Beach Board OK’s Carpe’s Apartment Project

March 16, 2022March 16, 2022

Renderings of Venus with Erik Rutter and David Weitz (ImageFiction) Carpe Real Estate Partners secured approval from a North Miami Beach board for a 440-unit

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Robert Reffkin’s Net Worth Plummets
Business

Robert Reffkin’s Net Worth Plummets

March 16, 2022March 16, 2022

Robert Reffkin (Getty, iStock) Compass agents who invested in the brokerage ahead of its hotly anticipated IPO a year ago can lament the 70 percent

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Bahia Mar Developer Sued Over Planned Fort Lauderdale Project
Business

Bahia Mar Developer Sued Over Planned Fort Lauderdale Project

March 16, 2022March 16, 2022

Tate Capitals’ Jimmy Tate and 801 Seabreeze Boulevard in Fort Lauderdale (Tate Capital, Google Maps) Developer Jimmy Tate’s plan for a high-end, mixed-use project by

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How the War in Ukraine is Affecting US Real Estate
Business

How the War in Ukraine is Affecting US Real Estate

March 16, 2022March 16, 2022

(Getty, iStock/Illustration by Kevin Rebong for The Real Deal) Long before Russia invaded Ukraine, supply chain challenges were driving up construction costs and inflation concerns

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Developers Launch Sales of St. Regis Condos in Sunny Isles
Business

Developers Launch Sales of St. Regis Condos in Sunny Isles

March 15, 2022April 14, 2022

Manuel Grosskopf and Edgardo Defortuna with rendering of the St. Regis Residences Sunny Isles Beach (LinkedIn, Getty, DBOX) Edgardo Defortuna and Manuel Grosskopf launched sales

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