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Broward home, condo sales tapering off
The Broward County housing market appears to be settling into a more stable rhythm as sales for single-family homes and condominiums both dropped slightly last month, according to data from county...
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Today’s priciest listing: $7M
350 South Hibiscus Drive in Miami Beach Today’s priciest new listing is a seven-bedroom, six-bathroom single-family home asking $7 million. The 4,251-square-feet home is located at 350 South Hibiscus...
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Top stories
Top stories yesterday on The Real Deal: 1. Most expensive SoFla real estate sales of 2013 2. Venezuelans increase Miami real estate searches 3. Tristar buys Lincoln Road retail building for $30M
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Related buys Hollywood condo-hotel site
Hyde Resort & Residences rendering The Related Group has officially acquired the beachfront site of its planned Hyde Resort & Residences on Hollywood Beach development. A company tied to...
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Deerfield self-storage firm completes $430M sale
Stor-All facility in Davie Stor-All has unloaded 44 of its 45 self-storage locations for $430 million. The Deerfield Beach-based company sold the properties, including 26 in South Florida, to...
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Dezer company gets Intracoastal Mall for $64M
Winn-Dixie at the Intracoastal Mall A company tied to Dezer Development has taken ownership of the Intracoastal Mall in North Miami Beach in a $63.5 million transaction, The Real Deal has learned....
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Miami sues major banks over predatory lending
The City of Miami believes three of the biggest banks in the world violated the Federal Fair Housing Act. A federal lawsuit has been filed by the city against Bank of America, Citigroup and Wells Fargo...
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More PB County spring training sites emerge
Shady Lakes in Palm Beach Gardens The search for a spring training complex in Palm Beach County has expanded beyond Palm Beach Gardens. City officials suggested the county consider more appropriate...
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Dezer has 80% of Porsche units under contract
Porsche Design Tower robotic lift rendering Dezer Development now has 80 percent of Porsche Design Tower’s units under contract. Gil Dezer’s company has registered $624 million in sales for the luxury...
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2013′s top commercial deals in SoFla
From left: BAC Colonnade building; Resort at Pembroke Pines (top); Joseph Chetrit and the Miami Beach Resort (bottom) and Sabadell Financial Center South Florida’s multifamily, retail, office and...
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Aventura Mall owners get extra loan of $770M
19501 Biscayne Boulevard in Miami (Credit: Haute Living) A group of banks helped Aventura Mall Venture’s mortgage grow to $1.2 billion. Turnberry Associates and Simon Property Group, partners in the...
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Ocwen Financial to pay $2.1B in fraud settlement
Ocwen’s Ronald Faris Ocwen Financial, one of the largest subprime loan servicers in the U.S. and formerly based in West Palm Beach, was ordered to pay $2.1 billion to settle a lawsuit over alleged...
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Miami-Dade mirrors Broward with sales dip
Mark Zilbert Entering a steadier, cool-off period comparable to Broward County, Miami-Dade saw a minor drop in sales for existing condominiums and single-family homes in November, according to Miami...
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Today’s priciest listing: $8M
6455 Pinetree Drive in Miami Beach Today’s priciest new listing is a six-bedroom, six-bathroom single-family home asking $8 million. The 7,565-square-feet home is located at 6455 Pinetree Drive in...
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Top stories
Top stories over the weekend on The Real Deal: 1. Most expensive SoFla residential sales of 2013 2. Dezer company gets Intracoastal Mall for $64M 3. 2013′s top commercial deals in SoFla
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Sunrise office building sells for $32M
Lake Shore Plaza II in Sunrise The Lake Shore Plaza II office building in Sunrise has traded for $32 million, The Real Deal has learned. A company managed by Fort Lauderdale-based Stiles sold the 1300...
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Home loan rules loosen for PB County buyers
Changes to federal housing loan guidelines are giving Palm Beach County residential observers hope that borrowers who lost homes to foreclosure could soon become eligible for new mortgages. Recent...
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Centro construction underway in downtown Miami
Centro rendering Newgard Development Group has officially started building downtown Miami condo tower Centro. The Harvey Hernandez-led company and partner The Tilla Family of Companies began...
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Former Huizenga parcel set for home construction
H. Wayne Huizenga and 516 Mola Avenue A waterfront Fort Lauderdale property once owned by former Miami Dolphins owner H. Wayne Huizenga is getting prepped for the construction of two high-end homes....
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Unsold Mondrian SoBe residences go up for sale
Mondrian South Beach Residences The developer of the Mondrian South Beach Residences is about to put the remaining unsold units at the condo-hotel up for sale, The Real Deal has learned. About 60 units...
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