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Category: Business

Morgan and Carlyle pay M for Pompano Beach dev site that includes closed Macy’s store
Business

Morgan and Carlyle pay $19M for Pompano Beach dev site that includes closed Macy’s store

October 4, 2024October 4, 2024

Morgan Group and Carlyle Group are moving ahead with plans for a new garden-style apartment complex in Pompano Beach after paying $18.8 million for a

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Former TV advertising boss sells Jupiter spec mansion for M
Business

Former TV advertising boss sells Jupiter spec mansion for $16M

October 4, 2024October 4, 2024

Ahead of South Florida real estate’s busy season, a former TV advertising boss sold a $16.3 million Jupiter waterfront spec mansion in an off-market deal.

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Northwood dips into South Florida’s industrial market with M warehouse purchase
Business

Northwood dips into South Florida’s industrial market with $47M warehouse purchase

October 4, 2024October 4, 2024

Northwood Investors is wading into South Florida’s booming industrial market after paying $46.5 million for a Doral warehouse.  An affiliate of Northwood, a Denver-based real

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Resi roundup: Homebuilding, mini golf moguls buy South Florida properties
Business

Resi roundup: Homebuilding, mini golf moguls buy South Florida properties

October 4, 2024October 4, 2024

In the latest roundup of South Florida luxury residential deals, moguls from a range of industries bought properties in the region. The CEO of one

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Miami-Dade condo sales drop in September to 8M
Business

Miami-Dade condo sales drop in September to $438M

October 4, 2024October 4, 2024

Miami-Dade County’s condo sales and dollar volume continued to decline last month. September condo sales totaled $438 million, falling from $470 million in August. Brokers

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Javier Cervera bulks up retail portfolio with M Kendall shopping center purchase
Business

Javier Cervera bulks up retail portfolio with $18M Kendall shopping center purchase

October 3, 2024October 3, 2024

Javier Cervera now has a dozen retail buildings and shopping centers in his Miami-Dade commercial portfolio, after paying $18.2 million for a Kendall shopping center

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Javier Cervera bulks up retail portfolio with M Kendall shopping center purchase
Business

Javier Cervera bulks up retail portfolio with $18M Kendall shopping center purchase

October 3, 2024October 3, 2024

Javier Cervera now has a dozen retail buildings and shopping centers in his Miami-Dade commercial portfolio, after paying $18.2 million for a Kendall shopping center

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Meta Development plans Brickell boutique condominium
Business

Meta Development plans Brickell boutique condominium

October 3, 2024October 3, 2024

Meta Development is planning a boutique lowrise condominium with 36 units in Miami’s Brickell, once it completes its acquisition of an assemblage for a total

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US Development lands M additional construction financing for Pompano Beach condos
Business

US Development lands $68M additional construction financing for Pompano Beach condos

October 3, 2024October 3, 2024

U.S. Development has secured a total of $73.8 million in construction financing for its planned Salato Residences in Pompano Beach. Records show the Philadelphia-based developer

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Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds
Business

Jason Talbot and Monceau settle lawsuit over workforce housing dev site in Goulds

October 3, 2024October 3, 2024

Jason Talbot has made peace with Monceau Real Estate after the Miami Beach-based firm’s owners agreed to buy out his minority interest in a Goulds

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