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Top stories
Top stories over the weekend on The Real Deal: 1. SBE’s Sam Nazarian making big Miami push 2. Argentine developer Costantini counters claim that Key Biscayne has become a ‘Porteño’ suburb 3. S. Florida...
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BankUnited CEO predicts real estate boom to last another few years
John Kanas South Florida’s real estate boom will last at least two or three more years if the prediction by one of the nation’s top lenders holds true. John Kanas of BankUnited, which has more than $12...
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Institutional investors squeezing families out of buying homes
Jordan Kavana Hedge funds and private-equity firms are buying up single-family homes across Florida, helping to push up home prices by 20 percent or more, the Tampa Tribune reported. About 46 percent...
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New law could pave way for Miami version of NYC’s Central Park
From left, Museum Park rendering A new Florida law could pave the way for the creation of Miami’s version of New York’s Central Park, the Miami Herald reported. The legislation, which Miami Commission...
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Avison Young doubles Fla. footprint in 6 months
Sawgrass Distribution Center Toronto-based Avison Young, the world’s fastest-growing commercial real estate manager, has doubled its total square footage under management in Florida in just six months....
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TRD looking for hot tips
Emily Schmall A new luxury condo tower, a big retail lease. Trends and hot deals pop up all the time in South Florida’s real estate market. What are you hearing? What projects are on the drawing...
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Wells Fargo to seize part of Renaissance Commons
Renaissance Commons Wells Fargo plans to seize the commercial section of Renaissance Commons on Boynton Beach in South Florida’s biggest foreclosure case this year, the South Florida Business Journal...
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Coral Gables thrives despite city’s history of real estate crashes
Miracle Mile in Coral Gables Despite a bevy of real estate collapses in its nearly 100-year history, Coral Gables is one of the richest cities in the South, the Sarasota Herald-Tribune reported. The...
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Today’s priciest listing: $2.3M
12990 Biscayne Island Terrace in North Miami Today’s priciest new listing is a four-bedroom, four-bathroom single-family home asking nearly $2.3 million. The 4,428-square-foot home is located at 12990...
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Top stories
Top stories yesterday on The Real Deal: 1. New law could pave way for Miami version of NYC’s Central Park 2. BankUnited CEO predicts real estate boom will last another few years 3. Institutional...
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Related unveils rendering for Zaha Hadid’s spacy High Line condo development
520 West 28th Street rendering (Credit: Related and Zaha Hadid) From the New York site: Architect Zaha Hadid is taking another giant leap with the design for 520 West 28th Street, a condominium...
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Buffett’s Berkshire Hathaway expands real estate arm through Florida brokerage
Rei Mesa The real estate arm of Warren Buffett’s empire has signed Prudential Florida Realty as its first brokerage franchisee, The Real Deal has learned. Home Services of America, an affiliate of the...
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Gibraltar names seasoned commercial lender VP
Terri Echarte Seasoned commercial real estate lender Terri Echarte has joined Coral Gables-based Gibraltar Private Bank & Trust as a senior vice president, the bank said in a release. In addition...
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After selling Miami HQ, Northern Trust plans move to Brickell World Plaza
600 Brickell Ave. Northern Trust Corp. will relocate to 600 Brickell Ave. after selling its Miami headquarters across the street to Swire Properties, developer of the nearby Brickell CityCentre,...
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Echo Brickell land nears $25M sale
Echo Brickell rendering The $25 million sale of the land for Echo Brickell condos is slated to close tomorrow, exMiami reported. The developer, Property Markets Group, is buying the parcel at 1451...
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CWCapital makes $1.55M gain on sale of foreclosed Boca Raton office complex
James Batmasian Loan servicing giant CWCapital Asset Management made a $1.55 million profit on the sale of foreclosed office complex in Boca Raton, the South Florida Business Journal reported. In 2011,...
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Today’s priciest listing: $15M
Setai Resort & Residences Today’s priciest listing is a three-bedroom, three-bathroom condominium at Setai Resort & Residences asking $15 million.The 2,521-square-foot home is located at 101...
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The Jills duo list Star Island home at $35M
Star Island home developed by Todd Glaser and the Posner Group A newly built, 11-bedroom Star Island manse is on the market for $35 million, according to the listing’s agents, Jill Eber and Jill...
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Top stories
Top stories yesterday on The Real Deal: 1. Buffett’s Berkshire Hathaway expands real estate arm through Florida brokerage 2. Echo Brickell land nears $25M sale 3. Related unveils rendering for Zaha...
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Sound engineer reduces ask at Setai to $18.5M
Setai townhouse; inset: owner Douglas Rogers A Hollywood, Calif. recording engineer and “soundware” developer has reduced the asking price on his 15th-floor townhouse at the Setai in Miami Beach to...
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