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Category: Business

Garment magnate’s wife finds buyer for Faena House condo 
Business

Garment magnate’s wife finds buyer for Faena House condo 

April 7, 2026April 7, 2026

Ugo Colombo’s CMC Group secured a buyer for one of the penthouses at Vita at Grove Isle, topping last week’s signed contracts report in Miami-Dade

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South Florida’s top deals: Davie office property trades for M
Business

South Florida’s top deals: Davie office property trades for $12M

April 7, 2026April 7, 2026

🏆 Commercial: The top commercial real estate deal to hit records was in Davie, where an office building at 5400 South University Drive changed hands

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Northwood asking 0M for famed Cheeca Lodge hotel in the Florida Keys
Business

Northwood asking $300M for famed Cheeca Lodge hotel in the Florida Keys

April 6, 2026April 6, 2026

Trophy-fishing season is open in the Florida Keys, with Northwood Investors casting a $300 million line for the famed Cheeca Lodge & Spa in Islamorada.

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Lender moves to foreclose on JDS affiliate’s Mercedes-Benz Miami project 
Business

Lender moves to foreclose on JDS affiliate’s Mercedes-Benz Miami project 

April 6, 2026April 6, 2026

Days after taking over the loan backing the Mercedes-Benz Places condo project, Cottonwood Group filed a foreclosure lawsuit against the developer, affiliates of Michael Stern’s

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Astor pivots to for-sale condos in Little Havana amid rental slump
Business

Astor pivots to for-sale condos in Little Havana amid rental slump

April 6, 2026April 6, 2026

Henry Torres’ Astor Companies is pivoting its planned Little Havana apartment project to condos. The developer secured a $36 million construction loan in September for

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Brian Tuttle accused of trying to “sabotage” M Main Street bankruptcy sale
Business

Brian Tuttle accused of trying to “sabotage” $60M Main Street bankruptcy sale

April 6, 2026April 6, 2026

Brian Tuttle is trying to “sabotage” a $60 million bankruptcy sale of his distressed Main Street development site in Royal Palm Beach, a lawsuit alleges. 

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Movers & Shakers: Don Peebles brings his kids into the C-suite
Business

Movers & Shakers: Don Peebles brings his kids into the C-suite

April 6, 2026April 6, 2026

Don Peebles, the chairman and CEO of Miami Beach-based Peebles Corporation, is beginning his succession planning.  The developer tapped his son, Donahue Peebles III, as

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Gucci, Louis, Fendi, Prada attract luxury resi developers to Miami Design District
Business

Gucci, Louis, Fendi, Prada attract luxury resi developers to Miami Design District

April 6, 2026April 6, 2026

Miami’s Design District, best known as a hub for luxury shopping, has a residential boom coming. What started as the brainchild of Craig Robins is

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South Florida’s top deals: Mennellas scoop up Manalapan site for M
Business

South Florida’s top deals: Mennellas scoop up Manalapan site for $52M

April 6, 2026April 6, 2026

🏆 Commercial: The top commercial real estate deal to hit records was in Boca Raton, where a warehouse at 1095 Northwest Broken Sound Parkway sold

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Live Local Act project heads to Miami Beach vote amid controversy over state law
Business

Live Local Act project heads to Miami Beach vote amid controversy over state law

April 3, 2026April 3, 2026

A 15-story Live Local Act project in South Beach is headed for a vote, as controversy stirs in the city and the rest of South

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