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Celebrity, branding pivotal for Miami condo projects
Peter Zalewski South Florida is bracing itself for the evolution of the local condo market to the point where newly proposed towers are named after – and influenced by – international consumer brands,...
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Popular Miami brewery closes after 13 years
Gordon Biersch A happy hour fixture in Miami’s financial district for 13 years, Gordon Biersch Brewery has closed its Brickell Avenue restaurant and bar to make way for CVS. The company closed the...
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Soffers could settle Fontainebleau Las Vegas bankruptcy
Jeffrey Soffer The Aventura-based Soffer family is close to striking a deal to resolve the federal bankruptcy case involving its disastrous $2 billion Fontainebleau Las Vegas development. A proposed...
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Foreclosure sales rise, new filings fall in Palm Beach
Foreclosed house More homes are hitting the foreclosure auction block in Palm Beach County, but the volume of new foreclosure cases in the county is plunging. RealtyTrac posted its latest foreclosure...
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Marina Palms developer gets $98M construction loan
Anthony Burns and Marina Palms Yacht Club & Residences rendering The developer of Marina Palms Yacht Club & Residences in North Miami Beach has obtained a $98 million construction loan for the...
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Trader Joe’s checks out West Palm Beach
Trader Joe’s Trader Joe’s appears to be doing some shopping of its own. The Monrovia, Calif.-based grocery chain is considering Lake Worth or West Palm Beach for a fifth outpost in Palm Beach County,...
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Chinese investors buying up Miami properties
L.J. Rodriguez Looking to diversify their investments, Chinese investors are increasingly descending on the South Florida real estate market. They have grown more open-minded about Miami, flocking to...
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Today’s priciest listing: $11.3M
One Bal Harbour, unit 2408, at 10295 Collins Avenue Today’s priciest new listing is a four-bedroom, five-bathroom condominium at One Bal Harbour asking $11.3 million. The 5,266-square-feet home is...
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Top stories
Top stories yesterday on The Real Deal: 1. Popular Miami brewery closes after 13 years 2. Marina Palms developer gets $98M construction loan 3. Celebrity, branding pivotal for Miami condo projects
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Former baseball star Sosa buys Golden Beach home
Sammy Sosa and 667 Ocean Boulevard Retired slugger Sammy Sosa has purchased an oceanfront home in Golden Beach for $7.6 million, The Real Deal has learned. Sosa, who hit 609 home runs during a lengthy...
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Bal Harbour Shops founder going strong at 95
Stanley Whitman Stanley Whitman refuses to let age slow him down. The patriarch of the pioneering family behind the Bal Harbour Shops celebrates his 95th birthday today. But don’t expect Whitman to...
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Retail Bus Tour expands into major national markets
Broward County Retail Bus Tour and post-tour reception in Plantation In three years, retail specialist Gary Broidis has taken the Retail Bus Tour from an unconventional networking event for South...
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South Florida by the numbers: Miami Heat edition
Miami Heat “Big Three” “South Florida by the numbers” is a web feature that catalogues the most notable, quirky and surprising real estate statistics. The back-to-back NBA champion Miami Heat recently...
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Turbopower signs $20M lease in Opa-locka
Rendering of Building J at AVE Aviation and Commerce Center Turbopower has agreed to move its headquarters from Miami Lakes to Opa-locka in a $20 million transaction. The aircraft engine service...
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Miami groups mark rising sea level impact
Miami Beach flooding A group of Miami environmentalists is making sure the threat of rising sea levels is not ignored. Numerous local environmental organizations are working with a New York artist to...
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Historic Miami Beach hotel sells for $14M
Claridge Hotel The historic Claridge Hotel in Miami Beach has changed hands for $14 million, The Real Deal has learned. Coral Gables-based Claridge Hotel sold the 3500 Collins Avenue hotel to a company...
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Groundhog Day for federal housing taxes
Haven’t we seen this movie before? On Capitol Hill for the second year in a row, key federal tax assistance for homeowners is heading for expiration within weeks. And there’s no sign that Congress...
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Buy a Boca Raton mansion, get a free Rolls-Royce
Boca Raton’s largest home currently listed at nearly $13M To help spark buyer interest, the owner of Boca Raton’s largest home is offering an unusual add-on — a $500,000 Rolls Royce Phantom. The car is...
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New FBI HQ near Miami includes high-tech skin
FBI HQ rendering The new FBI regional headquarters north of Miami includes an unusual feature — a high-tech skin designed to better absorb energy. Guided by President Barack Obama’s mandate that all...
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Today’s priciest listing: $15.2M
Today’s priciest new listing is a seven-bedroom, seven-bathroom house asking $15.2 million. The 7,290-square-foot home is located at 11437 Old Harbour Road in North Palm Beach. It features a...
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