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Drug trade profits could be pushing up real estate

Billy Corben The proceeds from illicit drug sales could be funneling through South Florida’s bustling real estate market. In recent criminal forfeiture cases, the feds have gone after properties they...

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Inventory crunch eases for homebuyers

The tight supply of homes in South Florida’s resurgent real estate market may be slackening, according to industry analysts and real estate agents quoted in local press. Prices nosedived following the...

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Jewish temple’s case against Sunny Isles reinstated

Temple B’Nai Zion Synagogue, Sunny Isles Beach A Miami circuit court of appeals reinstated a Jewish synagogue’s case against the city of Sunny Isles Beach for religious discrimination. When the Temple...

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TRD announces Fall 2013 South Florida Market Report

The Real Deal is gearing up to launch the Fall 2013 issue of the South Florida Market Report. Distributed in TRD‘s October issue, the report will include rankings of the top residential brokerages in...

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Cushman & Wakefield tapped to lease Airport North

From left, Ramoski, Rodriguez and Sidor Dallas-based L&B Realty Advisors tapped Cushman & Wakefield to market and lease nearly a million square feet of new industrial space north of the...

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Russian billionaire buys Renzi’s Brickell site

From left: Renzo Renzi and Oleg Baibakov Oleg Baibakov, a Russian oligarch and former executive at metals giant Norilsk Nickel, has been revealed as the buyer and winning bidder of a prime condo site...

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Chart House at center of Miami preservation debate

Chart House, 50 Chart House Drive in Miami (Credit: Michael Wayne Cole) The potential closure of the high-end steak-and-seafood restaurant Chart House in Coconut Grove is the latest site to spark a...

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Today’s priciest listing: $2.6M

Icon South Beach, 450 Alton Road Today’s priciest new listing is a two-bedroom, two-bathroom condo at Icon South Beach asking $2.6 million. The 1,815-square-feet home is located at 450 Alton Road, unit...

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Top stories

Top stories yesterday on The Real Deal: 1. Drug trade profits could be pushing up real estate 2. Russian billionaire buys Renzi’s Brickell site 3. Money laundering abundant in South Florida real...

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S. Florida foreclosures plummet from a year ago

Courtesy Condo Vultures While South Florida saw only about a quarter of the foreclosures in August as in 2012, foreclosures in Miami-Dade County are occurring at a faster place than they were a year...

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Foreclosed Delray marina changes hands for a 3rd time

Yacht Club at Delray Beach The owner of the Yacht Club at Delray Beach has turned the property over to its lender one month after being slapped with a foreclosure suit. The owner of the marina,...

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Under investigation, Carlisle Development Group aims to transfer 4 projects...

Kenneth Naylor Troubled subsidized housing giant Carlisle Development Group will hand off four projects if Miami-Dade commissioners agree to the transfer in a meeting Wednesday. Carlisle, the...

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Big tax reform proposals to be unveiled this fall

From the September issue: While Congress was off on its annual summer recess, you might have assumed that nothing was happening on Capitol Hill that could effect the taxes Americans pay on their homes....

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Dubai close to selling stake in Fontainebleau hotel

4441 Collins Avenue in Miami Beach Dubai is close to selling its 50 percent stake in the Fontainebleau hotel in Miami Beach, which could net at least $360 million. The sale is dependent on...

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Developers vie for parcel near All Aboard Florida site

All Aboard Florida service rendering Two contenders to develop a parcel near the proposed All Aboard Florida station in Miami’s Overtown neighborhood will take the floor tonight to unveil their plans....

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Today’s priciest listing: $13.5M

One Thousand Ocean, 1000 South Ocean Boulevard in Boca Raton Today’s priciest new listing is a four-bedroom, four-bathroom condo at One Thousand Ocean asking $13.5 million. The 6,909-square-feet home...

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Attorney named new chief of Elliman’s Florida biz

From left, Jay Parker and Vanessa Grout UPDATED, 5:47 p.m., Sept. 4: Florida attorney and title company founder Jay Phillip Parker has taken over the helm of Douglas Elliman’s Florida operations, the...

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Top stories

Top stories yesterday on The Real Deal: 1. Attorney named new chief of Elliman’s Florida biz 2. Drug trade profits could be pushing up real estate 3. Russian billionaire buys Renzi’s Brickell site

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Biscayne Beach penthouse design party: PHOTOS

Biscayne Beach, a high-rise condo on Biscayne Bay in Miami designed by "Queer Eye for the Straight Guy" co-star Thom Filicia recently kicked off sales.Fifty special guests were treated to a private...

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Rosie O’Donnell backs out of Palm Beach buy

Jupiter Inlet Colony house and Rosie O’Donnell (inset: contractor Christopher Pariseleti) An exorcism may have freed Olivia Newton-John’s Palm Beach manse of ghosts, but it couldn’t shake intended...

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