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Category: Business

Hidrock Prop, Alex Karakhanian JV on Miami Multifamily Site
Business

Hidrock Prop, Alex Karakhanian JV on Miami Multifamily Site

May 25, 2022May 25, 2022

From left: David Huke, Alex Karakhanian, and Abraham Hidary with 1601 North Miami Avenue (LoopNet, Hidrock Properties, LNDMRK Development) Alex Karakhanian sold a development site

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Leon Patitsas Pays .5M for Waterfront Miami Beach House
Business

Leon Patitsas Pays $17.5M for Waterfront Miami Beach House

May 25, 2022May 25, 2022

Leon Patitsas, CEO of Atlas Maritime, and 225 North Hibiscus Drive in Miami Beach (LinkedIn/Leon Patitsas, Redfin) Shipping tycoon Leon Patitsas bought a waterfront Hibiscus

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KVR Buys Pompano Beach Apartment Complex For M
Business

KVR Buys Pompano Beach Apartment Complex For $26M

May 25, 2022May 25, 2022

The Boardwalk Apartments at 460, 470 and 520 East McNab Road in Pompano Beach (Apartments.com, Google Maps) KVR Properties bulked up its South Florida multifamily

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Two Roads Closes 0M Bulk Condo Buy in Miami’s Edgewater
Business

Two Roads Closes $150M Bulk Condo Buy in Miami’s Edgewater

May 24, 2022May 24, 2022

A rendering of the planned project with the Two Roads principals Reid Boren and Taylor Collins (Two Roads Dev) Two Roads Development closed on a

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Interdevco Pays M For Dadeland Hotel
Business

Interdevco Pays $16M For Dadeland Hotel

May 24, 2022May 24, 2022

Aloft Miami Dadeland hotel at 7600 Southwest 88th Street (Marriot) Interdevco paid $16.1 million for a South Florida Aloft hotel that spent more than a

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Moderno Nabs 2M Construction Loan for FLL Rental Tower
Business

Moderno Nabs $102M Construction Loan for FLL Rental Tower

May 24, 2022May 24, 2022

Moderno Development managing partner Doron Broman and a rendering of Rivr Lofts (Cube 3, Moderno Development) Moderno Development Group scored a $102 million construction loan

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Settlement in Surfside Condo Collapse Now .04B
Business

Settlement in Surfside Condo Collapse Now $1.04B

May 24, 2022May 24, 2022

The lot where the Champlain Towers South once stood (Getty) Families of those who lost loved ones in the Surfside condo collapse are now poised

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South Florida’s Biggest Rapper Real Estate Deals
Business

South Florida’s Biggest Rapper Real Estate Deals

May 24, 2022May 24, 2022

Sean “P. Diddy” Combs, DJ Khaled, Trippie Redd, Lil Wayne, Rick Ross and Kodak Black (Getty, iStock, Illustration by Shea Monahan for the Real Deal)

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Apogee Closing Leads Miami-Dade Weekly Condo Sales
Business

Apogee Closing Leads Miami-Dade Weekly Condo Sales

May 24, 2022May 24, 2022

A photo illustration of the Apogee Residences Miami Beach at 800 South Pointe Drive (Zilbert, iStock) Condo sales reversed course the third week of May

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Brick + Timber Pays M For Wynwood Office/Retail Building
Business

Brick + Timber Pays $9M For Wynwood Office/Retail Building

May 23, 2022May 23, 2022

Brick + Timber principals Glenn Gilmore and Jesse Feldman and photo of the building at 2724 and 2734 Northwest First Avenue in Wynwood (LinkedIn, FutureVision

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