With his victory in Indiana, Donald Trump has wrapped up the Republican nomination for president. So what should small businesses know about the GOP’s presumptive nominee? Unlike Ted Cruz and John Kasich, who have now suspended their campaigns, Trump didn’t participate in telephone town halls about small business issues hosted by six business organizations before…
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Rendering of Fendi Chateau Residences and Surfside In 1935, more than three dozen members of the original Surf Club on 90th Street and Collins Avenue voted to incorporate a one-square-mile stretch between Bal Harbour and Miami Beach. They called it Surfside, an oceanfront enclave that saw a post-World War II boom as a suburban tropical…
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Ernst & Young and Regus have been announced as anchor tenants in the Two MiamiCentral office building under construction in downtown Miami. The 190,000-square-foot office building is part of 11 acres of mixed-use development around the Brightline/All Aboard Florida passenger rail station slated to open in 2017. It will connect Miami with Fort Lauderdale and…
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Rendering of El Cordova Cohen Brothers Realty Corp. has revealed its plan for renovating the old Carefree Theatre site at 2000 – 2100 South Dixie Highway in West Palm Beach, drawing a mixed reaction from local real estate pros and some area residents. The mixed-use project includes two buildings. One would have seven floors containing…
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Nutritional supplement market Rexall Sundown sold its Boca Raton office building to Butters Construction & Development, which will spend $3.5 million on renovations and upgrades. The company, a subsidiary of Sundown Naturals in Bohemia, New York, sold the 59,264-square-foot office on 5 acres at 851 N.W. Broken Sound Parkway for $6.125 million to Coconut Creek-based…
DetailsThe Doubletree Hotel in Palm Beach Gardens was sold out of foreclosure at a 37 percent discount to its prior mortgage. A commercial mortgage-backed securities (CMBS) trust under the name BACM 2006-2 Hotel at Palm Beach Gardens LLC seized the 279-room hotel at 4431 PGA Blvd. in 2015 after foreclosing on the $21.76 million mortgage…
DetailsMark Bellissimo’s previously announced purchase of the International Polo Club in Wellington closed, with the pricing coming in at $72 million. Isla Carroll Farms and ICF West, both part of a family trust controlled by John Goodman, sold the 248-acre equestrian property at 3665 and 3667 120th Avenue South, 12560, 12580, 12600 and 12800 35th…
DetailsA December 2011 photo of the Miami skyline (Credit: John Spade) Prices in Miami-Dade County’s residential market continued growing in March, according to a newly released report. Real estate analytics company CoreLogic looked at all Miami-Dade home sales in March and compared their prices to those sold in March 2015. The report found prices rose…
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From left: PMG’s Kevin Maloney, the partial ownership structure of 111 West 57th Street and JDS’ Michael Stern From the New York website: Who really owns the city’s biggest development projects? It’s a question that has stumped industry observers for years, as investors typically operate from behind LLCs and ownership stakes are closely-guarded secrets. On…
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