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Greystone picks up Edgewater land for $10M
2500 Biscayne Boulevard A company tied to New York-based Greystone & Co. is the latest to make a land grab in Miami’s Edgewater neighborhood. The Greystone company, 2500 Biscayne Property, paid $10...
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South Florida home values jump 16%: Case-Shiller
South Florida home prices rose 16 percent from February 2013 to February 2014, according to the latest report from Standard & Poor’s/Case-Shiller. The tri-county region had the sixth biggest...
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Amazon about to sign huge industrial lease in Doral, West Palm Beach marine...
An Amazon.com distribution facility 1. Amazon about to sign huge industrial lease in Doral [SFBJ] 2. West Palm Beach marine building to be restored [PB Post] 3. Miami-Dade’s battle with Marlins enters...
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Local investor acquires distressed Hialeah portfolio
One of the buildings acquired by I.M.C. Properties Commercial real estate investor I.M.C. Properties acquired a Hialeah industrial portfolio in separate transactions totaling $26.5 million. The North...
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Hot for hotels
The St. Regis Bal Harbour sold for a pricey $213 million From the South Florida Market Report: Institutional investors and tourists are invading the South Florida hotel market – and for some of them,...
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Eastern Miami-Dade to get six commuter rail stations
Tri-Rail Coastal Link The Tri-Rail Coastal Link train service will bring six stations to the eastern side of Miami-Dade County when it opens in 2020. The commuter rail service would connect Jupiter and...
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Buying beats renting in South Florida — in 1.2 years
Margate It’s common knowledge that in most of America, the benefits of buying often outweigh the initial perks of renting over a fairly short period of time. Some South Florida homeowners, however, are...
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City commission OKs first round of Rybovich village proposals
Rybovich Marina in West Palm Beach In a step to transform West Palm Beach’s distressed Broadway corridor, the city commission approved a waterfront village at the Rybovich Marina in a 4-1 vote on...
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Top stories
Top stories yesterday on The Real Deal: 1. Thor Equities gets another Design District property 2. A look at South Florida condo maintenance costs 3. Waterfront developments popping up in Fort Lauderdale
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Jeff Greene adds to West Palm Beach portfolio
Jeff Greene Billionaire developer Jeff Greene picked up the only two available properties along North Flagler Drive in West Palm Beach. Greene’s latest purchase gives him control of an entire block in...
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Barbara Salk’s firm launches condo sales in Edgewater
Barbara Salk A development firm led by former Related Group executive Barbara Salk is getting ready to launch unit sales at its 36-story condo project in Miami’s Edgewater neighborhood. Salk’s Sakor...
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Ugo Colombo’s firm buys Chelsea site in downtown Miami
Ugo Colombo Ugo Colombo’s CMC Group paid $10 million for a downtown Miami property that was previously slated for a 52-story mixed-use project, The Real Deal has learned. SC Investment Holdings, which...
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Deer Chase apartments trade for $23.5M
Deer Chase apartment complex The Deer Chase apartment complex in Deerfield Beach changed hands for $23.5 million, The Real Deal has learned. Fund VIII DC Deerfield Beach, a company tied to...
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Miami tech entrepreneur ready to take on national players
Richard Swerdlow Miami-based tech entrepreneur Richard Swerdlow wants to compete with the big dogs, Trulia and Zillow. Swerdlow recently signed a joint-venture agreement with a prominent asset...
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Thor Equities’ Design District purchase price revealed
The Baltus building Thor Equities paid $15.8 million for the Baltus building in Miami’s Design District, county records show. The New York investor picked up the 3925 North Miami Avenue property on...
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A look at the trailer for “Million Dollar Listing Miami,” public debate held...
Chad Carroll, Samantha DeBianchi and Chris Leavitt (via Bravo) 1. A look at the trailer for “Million Dollar Listing Miami” [Curbed] 2. Public debate held on Beckham soccer stadium [Miami Herald] 3....
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Palm Beach condo sells for $14M
Il Lugano A condominium and guest suite at Palm Beach’s Il Lugano sold for $14 million, The Real Deal has learned. Raymond and Linda Golden of Palm Beach Gardens closed the sale of Unit 5A and guest...
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Santander Bank gets FAA approval for new tower height
Rendering of 1407 Brickell Avenue In response to a Federal Aviation Administration warning that the approved height of a planned condominium tower would disrupt flights, Santander Bank shrunk the size...
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Baptist Health purchases Coral Gables office building
1575 San Ignacio Avenue in Coral Gables Baptist Health South Florida dished out $9 million for a Coral Gables office building in a sale brokered by Marcus & Millichap’s Douglas Mandel and Benjamin...
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Florida homeowners failing to cash foreclosure checks
Nearly 122,000 Florida homeowners are missing out on $80 million worth of remediation checks in compensation for moving after a foreclosure or selling their house in a short sale, according to a status...
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