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Investment firm LYND moves to 1111 Brickell
National real estate investment firm LYND has moved into a 6,000-square-foot space at 1111 Brickell in Miami, the company announced today. The Miami office, which will be a hub for the firm’s national...
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Coral Springs retail center sells for $4.3 million
The Cypress Wood Plaza retail center in Coral Springs has sold for $4.25 million, according to Marcus & Millichap’s Gregory Matus. The sale of the 41,908-square-foot center, which is located at...
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Rap star Birdman was buyer in $14.5 million Palm Island sale: report
Rap star Birdman, the CEO of Cash Money Records, was the buyer in the $14.5 million sale of 70 Palm Avenue, a deal first reported by The Real Deal last month, according to TMZ. Birdman, whose real name...
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Affiliate of Netscape co-founder Jim Clark sells Palm Beach home
A company affiliated with Jim Clark, who co-founded Netscape, has sold a Palm Beach home for $1.395 million, the Palm Beach Daily News reported. Clark already has a massive manse on South Ocean...
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PREI raises $805M for real estate debt fund
Prudential Real Estate Investors has raised $805 million in discretionary capital for its Prudential U.S. Real Estate Debt Fund, the New York Observer reported. Investors in the now-closed fund include...
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South Florida Residential Inventory
Compiled by Condo Vultures Realty using the South Florida Shared Multiple Listing Service. Active listings are properties where no current sale contract exists; pending sales are properties in which a...
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Builder confidence is at highest level since 2006, with index posting sixth...
Builder confidence for newly built, single-family homes posted its sixth consecutive increase, a one-point month-over-month gain, according to the National Association of Home Builders and Wells Fargo....
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Cast your ballot … for The Real Deal
With all eyes on the presidential candidates in the run-up to tonight’s debate and the general election, we are asking you to vote … for the Real Deal by liking us on Facebook, and sharing our Facebook...
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Today’s priciest new listing
Today’s priciest new listing is an 11-bedroom, 14-bathroom, 1,6977- square-foot single-family home that is asking $37 million, according to Condo Vultures. The waterfront four-building estate, which is...
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Mortgages remain a thorn in BoA’s side
Year-over-year, Bank of America posted an 18 percent increase in mortgage originations to $21 billion, the AP reported. However, the bank’s mortgage unit still lost money by working through mortgages...
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Clarion Partners adds $6.4 billion, 19M-square-foot portfolio to Honest...
New York-based Clarion Partners, a real estate investment manager with $25.4 billion in assets, is joining the Honest Building network, the firm announced today. Honest Building, with headquarters in...
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Today’s priciest new listing
Today’s priciest new listing is a three-bedroom, four-bathroom, 3,990-square-foot condo in the Murano Grande at Portofino that is asking $6 million, according to Condo Vultures. The waterfront condo....
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New spec distribution building planned at Miramar Park of Commerce
Sunbeam Development is planning a new 80,000-square-foot spec distribution building at the Miramar Park of Commerce, the company announced. The MPC-28 building will be located in Phase 4A of the park,...
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Stiles Construction tapped to build new Champion Porsche showroom in Pompano
Stiles Construction, a division of real estate development firm Stiles, has been awarded an 8,800-square-foot project to build a new showroom for Champion Porsche in Pompano Bech. The two-story...
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Carrfour Supportive Housing breaks ground on $20 million project in Miami
Affordable housing developer Carffour Supportive Housing has broken ground on the Hampton Village, a new project in Miami-Dade County. The project, which is a redevelopment of an existing apartment...
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Crook & Crook building in Miami’s Coconut Grove neighborhood put up for sale
The Crook & Crook building in Miami’s Coconut Grove neighborhood has been put up for sale, according to Beacon Hill Property Group President Matt Martinez, who has the listing on the property....
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Christie’s International Real Estate partners with Art Miami for Art Week
In the latest example of a real estate brokerage looking to capitalize on the attention of the Art Basel week in Miami, Christie’s International Real Estate has announced a partnership with Art Miami....
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Citizens Property Insurance announces job reductions, removal of “integrity...
State-backed property insurer Citizens Property Insurance has announced several job reductions, including the decision to dissolve its integrity office, the Palm Beach Post reported. “With this change...
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Sports Authority adds two new branches in Coral Springs, Hollywood
In perhaps a good sign for the tri-county retail market, Sporting goods retailer Sports Authority now has 17 stores in South Florida, following the debut of new spaces in Hollywood and Coral Springs,...
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Miami’s cost of housing and transport highest in the U.S. compared to incomes
New Yorkers love to complain about cost of living — and with good reason, since both housing and transportation costs grew almost twice as fast as the income over the last 10 years in NYC — but in...
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