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Keyes grows Wellington market share with latest acquisition

Wednesday Sep 20th, 2017

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The Keyes Company is continuing its acquisition spending spree. The brokerage just closed on the purchase of Realty Elite The Palm Beaches in Wellington, following a string of deals over the past two years. Realty Elite, founded by David Lopez in 2007, closed on $92 million in sales volume in 2016, according to a press release. It adds 64 agents to Keyes. In recent months, Keyes has closed on the acquisition of Jupiter-based Bluffs Real Estate and Investment Properties, and two South... [read more]

Florida is among states with lowest tax rates in US

Thursday Mar 16th, 2017

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With April 18th a month away, now’s as good a time as any to start thinking about filing your taxes if you haven't already. You're not alone if you haven't gotten around to it yet — Americans are filing taxes slower this year, according to the IRS. The average U.S. household pays more than $5,700 in federal taxes, according to the Bureau of Labor Statistics, but state tax burdens vary greatly. Taxpayers in states that are the most tax-expensive pay three times... [read more]

Developer proposes his second condo in Bay Harbor Islands

Tuesday Mar 21st, 2017

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Miami developer Sam F. Sami of Saba Group has proposed his second condo building in Bay Harbor Islands. The pair of islands between Miami and Bal Harbour has attracted many mid-rise condo projects. According to CraneSpotters.com, there are 36 condo projects with a combined 1,663 units in the pipeline in the Bay Harbor Islands/Bal Harbour/Surfside market. In November 2015, Sami’s company received approval for the 45-unit ParisA at 1145, 1155 and 1167 100th Street. That project has... [read more]

SunTrust: South Florida businesses are confident about local economy and expect growth

Thursday Mar 23rd, 2017

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Nearly 90 percent of South Florida's small- to mid-sized business feel confident about the overall strength of their companies, according to SunTrust's annual Business Pulse Survey released this week. The survey, in which more than 500 small and mid-sized business participated, shows that South Florida's small businesses are overall bullish on growth and the local economy. The findings come as nationally nearly two-thirds of business leaders expect the global and U.S.... [read more]

Luxury equestrian estate in Wellington sells for $13M

Monday Apr 3rd, 2017

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Victory Equestrian Sports sold the 5.63-acre property at 3674 Grand Prix Farms Drive to an entity called the Candy Trust for 12.75 million dollars The Grand Prix Village is one of many equestrian lifestyle neighborhoods in Wellington. The property has a 15,930-square-foot building that’s mostly a barn. It has 20 horse stables and an Equi spa and water treadmill (both for horses). For human occupants, the property has 2,240-square-feet of living quarters with two bedrooms, two... [read more]

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