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Miami-Dade offers database on commercial real estate
Carlos Gimenez and Lynda Bell The taxpayer-funded economic development group Beacon Council unveiled a website aiming to help business track down commercial space in Miami-Dade County....
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Popular Community Bank to offer construction loans
Israel Velasco Illinois-based Popular Community Bank, an arm of Popular Inc. in Puerto Rico, plans to begin offering construction loans to developers by next year. The bank has a widening South Florida...
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JPMorgan, feds arrive at $13B deal in MBS clash
From left: JPMorgan CEO Jaime Dimon and Attorney General Eric Holder From the New York site: JPMorgan Chase has agreed to terms of a $13 billion settlement with federal and state regulators over the...
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Today’s priciest listing: $6.8M
The Palms at 2110 North Ocean Boulevard in Fort Lauderdale Today’s priciest new listing is a four-bedroom, three-and-a-half-bathroom condominium at the Palms asking $6.75 million. The 4,738-square-feet...
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Top stories
Top stories yesterday on The Real Deal: 1. Building ban lifted in Coconut Grove, Coral Gables 2. Miami-Dade offers database on commercial real estate 3. Developer says Merrick Manor not cancelled
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Broward housing market keeps rising
Home prices in Broward County are still rising, as demand for houses and condos continues to significantly outpace supply. Single-family median sale prices in Broward jumped nearly 28 percent...
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Macy’s, Bloomingdale’s sign Worldcenter leases
Rendering of Miami Worldcenter The Miami Worldcenter team has landed flagship retail tenants for its massive downtown Miami project, The Real Deal has learned. Macy’s and upscale sister department...
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Matt Damon drops price of Miami Beach home
Images of Matt Damon’s home (credit: Curbed) and Matt Damon Unable to find a buyer, Matt Damon has reduced the asking price for his Miami Beach mansion by $1 million. The longtime movie star is now...
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David Beckham gains support for Miami MLS team
David Beckham Soccer legend David Beckham has the backing of Major League Soccer as he pushes to bring a new team to Miami. MLS commissioner Don Garber confirmed that the league supports Beckham’s...
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West Palm Beach office building to be sold
Esperante Corporate Center Trophy downtown West Palm Beach office building Esperante Corporate Center is on the verge of being sold. A partnership between Boca Raton-based Crocker Partners and...
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Turnberry scraps large Miami-Dade development plan
Jeffrey Soffer Turnberry Associates has dropped its request for Miami-Dade County to move its Urban Development Boundary to allow a large development. The Jeffrey and Jacquelyn Soffer-led firm agreed...
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Developer plans massive skyscraper in Miami
Jeffrey Berkowitz A 1,000-foot observation tower could become part of Miami’s evolving skyline within the next few years. Developer Jeffrey Berkowitz has filed plans with the city to build Skyrise...
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German investor sells Plaza San Remo for $39M
6705 Red Road in Coral Gables A German institutional investor known as LIC Coral Gables Retail sold retail condominium Plaza San Remo for $38.7 million. Whole Foods, as anchor tenant, occupies 59,155...
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Surprise bidder snags Sunny Isles property
Solis Resort Spa & Residences A third-party bidder with ties to Fortune International has swooped in and acquired the Sunny Isles Beach site of the delayed Solis Resort Spa & Residences project...
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SoFla condo boom to keep population in check
Patrick O’Connell The condominium boom in South Florida looks like it will keep the population surge from going out of control. About 70 new units would be built every day to house the daily the influx...
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West Palm planning board OKs Related hotel project
Rendering of Hilton at Palm Beach County convention center The West Palm Beach planning board gave the greenlight to Related’s long-delayed 400-room county convention center hotel project. The $105...
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Today’s priciest listing: $4M
Brickell Key condos, with tower one on the right Today’s priciest new listing is a four-bedroom, three-bathroom condominium at Brickell Key One asking $4 million. The 3,089-square-feet home is located...
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Top stories
Top stories yesterday on The Real Deal: 1. Surprise bidder snags Sunny Isles property 2. Macy’s, Bloomingdale’s sign Worldcenter leases 3. Building ban lifted in Coconut Grove, Coral Gables
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New York venture tapped for Miami studio project
A New York venture is in negotiations with the City of Miami to design a production studio north of downtown Miami. The board of the city’s Omni Community Redevelopment Agency chose a bid from...
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Weston retail buildings sell for nearly $17M
Walgreens at 4473 Weston Road Two retail buildings in Weston changed hands for $16.6 million, The Real Deal has learned. A company managed by Scottsdale, Ariz.-based real estate investment trust Spirit...
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