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Today’s priciest new listing
The priciest listing of the day is a six-bedroom, seven-bathroom, 5,537-square-foot single-family home in Fort Lauderdale that is listed for $2.85 million, according to Condo Vultures. The Broward...
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Palm Beach Business Development Board CEO under fire in controversial land deal
[caption id="attachment_112205" align="alignright" width="172"] Kelly Smallridge[/caption] The president and CEO of the Business Development Board of Palm Beach County, Kelly Smallridge, is facing...
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Wellington equestrian estate hits auction block
After dropping its ask by more that $2 million, but failing to find a buyer, a Wellington equestrian estate will hit the auction block in February, according to the Wall Street Journal. The 10-acre...
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Amid losses, FHA sets new rules for reverse mortgages
You’ve probably seen the reverse mortgage pitchmen at work on your TV screen — former Sen. Fred Thompson and actors Robert Wagner and Henry “Fonzie” Winkler prominent among them — urging seniors to...
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Stiles, Levine Properties announce second shopping center in Charlotte
Fort Lauderdale-based Stiles and Charlotte-based Levine Properties have entered into a lease with Lakeland, Fla.-based Publix for their second shopping center in Charlotte. The Shops at South Line is...
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MiMo tract sells for $1.2 million
A 14,975-square-foot vacant tract of land in Miami’s MiMo district has sold for $1.2 million, according to Chariff Realty. The property, which is located at 6405 Biscayne Boulevard, previously sold for...
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Miami officials look to Spanish firm FEVE for light rail proposal
[caption id="attachment_112234" align="alignright" width="300"] A street car in Sevilla that is similar to what is being proposed in Miami[/caption] Public transportation advocates have something to...
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House ethics probe finds no violations in Countrywide loan case
The House Ethics Committee has found no violations in the Countrywide VIP loan program probe, saying that charges of preferential treatment fell outside of its jurisdiction, the Los Angeles Times...
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Related exec says strong real estate market will surprise many in 2013: VIDEO
Related’s Jorge PerezWhile Related Group’s CEO Jeff Blau and its Chairman and Founder Steven Ross handle massive New York projects like Hudson Yards, the developer will also continue to focus on South...
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Today’s priciest new listing
Today’s priciest new listing is a four-bedroom, four-bathroom, 4,487-square-foot single-family home that is asking $5.5 million, according to Condo Vultures. The waterfront house, which is located at...
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Oasis Outsourcing expands with 49,000-square-foot lease in West Palm Beach
Oasis Outsourcing has expanded its corporate headquarters at Emerald View at Vista Center in West Palm Beach to 49,079 square feet, according to Jones Lang LaSalle, which secured the lease on behalf of...
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MMG acquires pair of Miami shopping centers
MMG Equity Partners has acquired two grocery-anchored shopping centers in Miami-Dade County, the firm announced. The Miami-based company has acquired Colonial Shopping Center, a 64,000-square-foot...
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Gables home lists for $8.5 million
A home in the Journey’s End community in Coral Gables has been listed for $8.45 million, according to real estate information firm StreetEasy. The five-bedroom, 5.5-bathroom home, which is located at...
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EDENS acquires Fifth & Alton shopping center in South Beach
Retail developer EDENS has acquired the Fifth & Alton shopping center in South Beach, according to a company press release. The property, which is located at Fifth Street and Alton Road, is...
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Palm Beach Hotel gets tax abatement for repair work
The Palm Beach Hotel Condominium will be receiving a 10-year tax abatement from Palm Beach’s Landmarks Preservation Commission thanks to a renovation project, the Palm Beach Daily News reported. The...
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Waterfront rental tower to rise in North Bay Village on former Lennar site:...
A new 285-unit residential rental project is being planned in North Bay Village, according to a report from brokerage and consultancy Condo Vultures. The project, on a waterfront site on Harbor Island,...
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Senate confirms Galante as FHA head
Despite the Federal Housing Administration’s growing losses stemming from troubled loans and talk of a taxpayer bailout, the U.S. Senate confirmed Sunday that Carol Galante would continue to be in...
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What’s in store for the commercial market in 2013?
Miami’s commercial market continued its climb out of the downturn in 2012, with improvements across the retail, office and industrial sectors. But what’s on the horizon for a market vulnerable to a...
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Today’s priciest new listing
Today’s priciest new listing is a two-bedroom, two-bathroom, 3,000-square-foot single-family home that is asking $3.2 million, according to Condo Vultures. The waterfront home, which is located at 1828...
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America’s priciest listings of 2012
This past year, South Florida has seen some shattering purchases, such as the $47 million 3 Indian Creek Drive home sale and the $38.4 million 14 Indian Creek Drive sale. But what about listings?...
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