Historic Walgreens building in downtown Miami sells for $19.75 million

The historic Walgreens building at 200 E. Flagler Street has been sold for $19.75 million. The development firm Stambul plans to turn the five-story building into an assortment of high-end restaurants and shops to cater to downtown Miami’s growing population. Read More »

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Did the Feds clean up Miami’s dirty real estate market?

A study conducted by economists at the Federal Reserve Bank of New York and the University of Miami indicate a 95% decrease in home purchases by shell companies and other corporate entities in Miami-Dade County, according to an article by Nicholas Nehamas and Rene Rodriguez for the Miami Herald. However, there is speculation that shell […]

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Did the Feds clean up Miami’s dirty real estate market?

A study conducted by economists at the Federal Reserve Bank of New York and the University of Miami indicate a 95% decrease in home purchases by shell companies and other corporate entities in Miami-Dade County, according to an article by Nicholas Nehamas and Rene Rodriguez for the Miami Herald. However, there is speculation that shell […]

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