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September 29, 2023

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Citadel’s Miami Move Causes Luxury Housing Shortage

Citadel, a $59B hedge fund, moved its headquarters from Chicago to Miami in June 2022.
Many Citadel employees are purchasing luxury homes in Miami suburbs.
The influx of buyers has created a shortage of high-end homes in areas like Coral Gables and Coconut Grove.

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Citadel’s Miami Move Causes Luxury Housing Shortage

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