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Category: Business

57 Ocean Penthouse in Miami Beach Sells for M
Business

57 Ocean Penthouse in Miami Beach Sells for $37M

June 27, 2022June 27, 2022

José Isaac Peres with 57 Ocean penthouse (Multiplan Real Estate Asset Management, Defortuna, iStock) The penthouse in Brazilian billionaire José Isaac Peres’ 57 Ocean in

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Location Ventures Proposes Coral Gables Condo With Retail
Business

Location Ventures Proposes Coral Gables Condo With Retail

June 27, 2022June 27, 2022

Location Ventures founder and CEO Rishi Kapoor along with a rendering of the planned 16-story condominium at 1505 Ponce De Leon Boulevard in Coral Gables

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Harbor Group Sells Pompano Rentals to Cottonwood Residential
Business

Harbor Group Sells Pompano Rentals to Cottonwood Residential

June 27, 2022June 27, 2022

Cottonwood Residential bought a Pompano Beach apartment community for $95.5 million, marking unceasing investment appetite for South Florida rental properties. The Salt Lake City, Utah-based

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South Florida by the Numbers: Local Mega Listings and Sales
Business

South Florida by the Numbers: Local Mega Listings and Sales

June 27, 2022June 29, 2022

A photo illustration of 18 La Gorce Circle (top) and 2000 South Ocean Boulevard (bottom) (Redfin, Realtor.com, Master Brokers Forum, iStock) “South Florida by the

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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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