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Tag: Commercial

More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale
Business

More South Florida distress: Brickell commercial condo owner’s bankruptcy filing delays foreclosure sale

March 13, 2025March 13, 2025

A disgraced Venezuelan ex-banker identified in the Panama Papers joins a growing number of South Florida commercial real estate owners feeling the pinch of distress. 

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Collins Avenue retail storefront targeted in M foreclosure
Business

Collins Avenue retail storefront targeted in $6M foreclosure

March 12, 2025March 12, 2025

The retail woes along a stretch of Collins Avenue in South Beach have sparked a foreclosure lawsuit against a storefront owner that allegedly owes $5.5

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Only in America! Don King slapped with foreclosure lawsuit alleging M default
Business

Only in America! Don King slapped with foreclosure lawsuit alleging $5M default

March 11, 2025March 11, 2025

A lender is going toe-to-toe with Don King, alleging the Donald Trump loving boxing promoter defaulted on a $5.3 million mortgage.  An affiliate of Miami-based

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Lease roundup: Chicago grocery store on tap in Flagler Village, Manolo Blahnik coming to Miami Design District
Business

Lease roundup: Chicago grocery store on tap in Flagler Village, Manolo Blahnik coming to Miami Design District

March 10, 2025March 10, 2025

Go Grocer | Fort Lauderdale  A Chicago high-end supermarket and convenience store will open its first Florida outpost in Fort Lauderdale.  Go Grocer leased 2,500

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Movers & Shakers: Codina Partners taps finance, accounting SVPs
Business

Movers & Shakers: Codina Partners taps finance, accounting SVPs

March 10, 2025March 10, 2025

In the latest South Florida real estate hiring news, firms bulked up their leadership — and one brokerage positioned itself for high-profile clientele.  Codina Partners

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More mileage: Krause Auto buys two Palm Beach County dealerships for M
Business

More mileage: Krause Auto buys two Palm Beach County dealerships for $31M

March 7, 2025March 7, 2025

Krause Automotive Group is branching out to South Florida after acquiring a pair of Nissan dealerships in Palm Beach County for a combined $30.5 million. 

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DOGE federal property purge may create redevelopment plays in South Florida
Business

DOGE federal property purge may create redevelopment plays in South Florida

March 6, 2025March 6, 2025

Elon Musk’s purge of nationwide federal properties owned and leased by the U.S. government is causing ripples in South Florida’s commercial real estate market.  Already,

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Lease roundup: Transwestern moves to Coral Gables, Chef Michelle Bernstein and restaurateur David Martinez opened a restaurant at Palms at Town & Country
Business

Lease roundup: Transwestern moves to Coral Gables, Chef Michelle Bernstein and restaurateur David Martinez opened a restaurant at Palms at Town & Country

March 3, 2025March 3, 2025

Transwestern Real Estate Services | Coral Gables  Transwestern Real Estate Services moved its office from downtown Miami to Coral Gables.  The commercial real estate firm

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Movers & Shakers: Turnberry taps hospitality operations EVP
Business

Movers & Shakers: Turnberry taps hospitality operations EVP

March 3, 2025March 3, 2025

Turnberry brought in Mary Rogers as executive vice president of hospitality operations, according to a press release. In her new role, Rogers will lead all

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South Florida pushed to make tech a core part of its economy. This didn't yield new office tenants
Business

South Florida pushed to make tech a core part of its economy. This didn't yield new office tenants

March 3, 2025March 3, 2025

In 2022, Dara Ladjevardian co-founded artificial intelligence digital clone firm Delphi in Miami, joining a wave of tech entrepreneurs moving to the city.  “Miami was

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