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August 28, 2019

Dania Beach Moving Forward With $634M City Center Redevelopment

Just in! The largest property owner in Sunny Isles Beach RK Centers to join Future Of North Miami Beach, Aventura and Sunny Isles Sept. 12

Development is catching up with Dania Beach, a once-sleepy city between Fort Lauderdale to the north and Miami to the south. Antique shops and mom-and-pop restaurants have been joined in recent years by a new casino and the under-construction $800M mixed-use project Dania Pointe. Coming soon: a total redevelopment of the city center. 

Dania Beach Moving Forward With $634M City Center Redevelopment

The Dania Beach City Commission voted Tuesday to move forward with a proposal from Virginia-based REIT Armada Hoffler Properties and Boca Raton-based Capital Group to build a modern municipal building, plus five apartment buildings, two office buildings and a hotel.The milestone came after an eight-month bid process that started when…

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The Last Vacant Oceanfront Parcel In Miami Beach Just Sold

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The last undeveloped parcel of oceanfront land in Miami Beach has traded hands. The 0.98-acre lot sold for $40M — just about $1K per SF — in an off-market deal.Miami-based brokerage APEX Capital Realty announced the sale Monday. The property is located at 6747 Collins Ave., in between the Deauville…

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Challenges For Gulfstream Park: Retail Closings, Family Feud, Horse Deaths
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Gulfstream Park, a horse racing track and casino just north of Miami in Hallandale Beach, Florida, underwent a $130M renovation 15 years ago, with an update of its racing and casino facilities and the development of a luxury shopping center component. But a recent spate of retail closings at the…

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A group of alleged sex trafficking victims is suing four Atlanta-area hotels for turning a blind eye to illegal activity on their properties in a first-of-its-kind lawsuit in Georgia. The unidentified victims have sued the owners of the Red Roof Inn near

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Here Are The 10 Biggest Real Estate Transactions In The U.S. This Year

The U.S. investment sales market in commercial real estate has been awash in capital for some time now, looking for big deals in which to deploy meaningful chunks of cash all at once. But opportunities for massive spends are always few and far between.

Here are the biggest transactions in U.S. commercial real estate this year so far, ranked by sales price and split between single-asset sales and portfolio sales.

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