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Broward’s median home price climbed 26% in August
Broward County beaches Broward County’s housing market is nothing short of exuberant, according to August data from the Greater Fort Lauderdale Realtors group. The county’s median price last month was...
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Judge approves Versace sale to creditor
Exultant winner Joe Nakash with Lamar Fisher (left) and Eli Gindi A bankruptcy judge in Miami on Wednesday approved the $41.5 million purchase of the former Versace mansion by the Nakash family of...
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One Sotheby’s names parent co. exec as COO
Gus Rubio Globe-trotting executive Gustavo Rubio is making a second stop in South Florida as the newly named chief operations officer of One Sotheby’s. Previously, Rubio was executive vice president...
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Swire unveils 80-story tower at Brickell CityCentre
A rendering of the tower at 700 Brickell Avenue Swire Properties today unveiled its 80-story, mixed-use tower that is part of its $1 billion-plus Brickell CityCentre project. The developer will include...
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Florida to put $350M toward helping underwater borrowers
The Florida Housing Finance Corp. will use $350 million in federal funds to pay down loan amounts for underwater borrowers. The first-come, first-served program kicks off Wednesday morning and is...
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Today’s priciest listing: $12.9M
2301 Aqua Vista Boulevard in Fort Lauderdale Today’s priciest listing is a single-family home in Fort Lauderdale asking $12.9 million. The private estate at 2301 Aqua Vista Boulevard lies on a...
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Experts to talk mortgage market at TRD’s SoFla roundtable
Clockwise from top left: Jay Parker, the Miami skyline and Isabella Lacambra The Real Deal is going to delve into home financing in South Florida with a top-flight roundtable next month. “Show Me the...
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Top stories
Top stories over the weekend on The Real Deal: 1. One Sotheby’s names parent co. exec as COO 2. South Florida by the numbers: Miami Dolphins’ owner Stephen Ross is worth $4.8B, O.J. Simpson’s...
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Downtown Miami too hot for a Heat guard?
Peter Zalewski NBA superstar Dwyane Wade appears to be the latest victim of the rebounding South Florida condo market. A month before the Miami Heat starts training in pursuit of three straight NBA...
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Herzog & de Meuron’s “futuristic” museum
Pérez Art Museum Miami South Florida is awaiting the opening of the Pérez Art Museum Miami, scheduled for December, with bated breath. The excitement has as much to do with the art collection as the...
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Healthcare REIT acquires 428,000 sf in S. Florida
Scott D. Peters Healthcare Trust of America, a publicly traded real estate investment trust, has acquired $63 million in medical office space throughout South Florida, a bright spot in the region’s...
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A-Rod pays $2.1M for Asia-inspired condo
Mei, 5875 Collins Ave. After selling a North Bay Road manse for $30 million in May, New York Yankees slugger Alex Rodriguez has picked up a new pad for the more modest sum of $2.1 million. Rodriguez,...
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The Closing: Gillian Thomas
Gillian Thomas Gillian Thomas, the British-born chief executive of the Miami Science Museum, was headhunted to oversee the development of a new science museum in 2003. A decade later, construction of...
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Condo conversion comeback in the pipeline: experts
Nine at Mary Brickell Village Although there are not many condominium conversions in the works in South Florida, a growing number of applications are in the pipeline, Condo Vultures principal Peter...
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New listings in Palm Beach County hit five-year high
Barb Kozlow After a scarcity of inventory throughout South Florida, more than 2,300 listings hit the market in Palm Beach County last month, the highest it’s been in five years. Price increases are...
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Today’s priciest listing: $7.8M
7901 Los Pinos Boulevard in Coral Gables Today’s priciest new listing is a six-bedroom, six-bathroom single-family home asking $7.8 million. The 9,992-square-feet home is located at 7901 Los Pinos...
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Top stories
Top stories yesterday on The Real Deal: 1. A-Rod pays $2.1M for Asia-inspired condo 2. Downtown Miami too hot for a Heat guard? 3. Condo conversion comeback in the pipeline: experts
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In July, U.S. home prices gained most in seven years
Home prices in the 20 largest U.S. cities rose in July by 12.4 percent year-over-year, the greatest such increase in more than seven years, according to the S&P/Case-Shiller index of property...
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Homebuilder acquires one of Palm Beach’s last parcels
Callery-Judge Grove Coconut Creek-based homebuilder Minto paid $51 million for an expansive citrus grove in unincorporated Palm Beach County. Minto SPW LLC acquired 18 parcels totaling about 3,724...
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Restored Vagabond Motel to have Art Basel debut
From left: Avra Jain and an archived photo of the Vagabond Motel Developer Avra Jain’s restoration of the Vagabond Motel is underway six days a week as workers rush to complete the project in time for...
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