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Buffett, Estefan fight to save marine stadium
Miami Marine Stadium and Gloria Estefan Two of the biggest South Florida-based music stars, Jimmy Buffett and Gloria Estefan, are joining forces in an attempt to save the Miami Marine Stadium. Buffett...
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Miami office rents, vacancies dropping
Maggie Kurtz Office rents in Miami’s urban core are dropping despite significant occupancy gains, according to a report from real estate firm CBRE. Of 13 major U.S. office markets surveyed by CBRE,...
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Shane Battier sells Coconut Grove home
Shane Battier Miami Heat forward Shane Battier has sold his Coconut Grove house for $1.7 million. Battier had purchased the 4,300-square-foot home in the Bonita Park section of the Grove shortly after...
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Ernie Els autism center in Jupiter moves forward
Ernie Els Golfer Ernie Els is closer to seeing his vision for a $35 million autism school and research center in Palm Beach County become reality. Construction of the Els Center of Excellence is...
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Large office leases highlight 2013 in SoFla
From left: Miami Tower, Southeast Financial Center and 200 East Broward Boulevard South Florida landlords defied the region’s reputation as a small tenant’s office market by signing a number of large...
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Real estate-backed debt performs strongly in 2013: S&P
The housing market rebound is boosting dirt bonds Debt tied to real estate development, also known as dirt bonds, is set to be the top performer in the $3.7 trillion state and local bond market in...
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Brickell’s new construction boom a surprise to developers
A rendering of Brickell CityCentre Real estate development’s rapid rebound in Brickell, with undertakings such as the $1.05 billion Brickell CityCentre and several high-profile condominium projects,...
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North End lots in Palm Beach trade for $12M
An aerial shot of Ocean Lane in Palm Beach showing the vacant lots (Credit: Palm Beach Daily News) A Boca Raton-based limited liability company affiliated with luxury homebuilder Mark Pulte has paid...
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Today’s priciest listing: $2.3M
2812 Northeast 23rd Avenue in Lighthouse Point, and Michele Hale Today’s priciest new listing is a five-bedroom, four-bathroom single-family home asking $2.3 million. The 4,889-square-feet home is...
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Top stories
Top stories yesterday on The Real Deal: 1. Buffet, Estefan fight to save marine stadium 2. Shane Battier sells Coconut Grove home 3. SoFla enjoys flurry of record deals in 2013
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Michael Capponi joins Hollywood project
Costa Hollywood rendering and Michael Capponi Developer and nightclub guru Michael Capponi has joined the Costa Hollywood Condominium Resort project under construction in Hollywood Beach, The Real Deal...
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Miami Gardens retail center sells for $21.5M
Portion of Miami Gardens retail center sold to RAND A Miami Gardens retail center changed hands for $21.5 million. The 185,000-square-foot center at 15095, 16301, 16381 and 16386 Northwest 57th Street...
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Feds in SoFla charge 10 with mail, wire fraud
Ten men have been charged with perpetrating a South Florida-based mortgage modification fraud that fleeced homeowners out of at least $7 million. A federal mail and wire fraud indictment was filed in...
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Kolter pays $112M for vacant PB County site
Scripps Florida campus Developer Kolter Group waited until the end of 2013 to complete the year’s most expensive property acquisition in Palm Beach County. Kolter paid $112 million in three...
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NY population could slip below Florida
As more New Yorkers relocate to sunny South Florida, their native state’s population continues to drop. The latest Census Bureau population estimates are scheduled to be released on Monday, and New...
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TRD sales director dies at 43
Leora Brinkley The Real Deal lost a member of its family this week with the sudden death of South Florida sales director Leora Brinkley. Brinkley died in her sleep at her Boynton Beach home Saturday....
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South Florida’s top real estate stories of 2013
Clockwise from top left: Stephen Ross; rendering of Residences at the Miami Beach EDITION; Versace Mansion and Porsche Design Tower rendering In a year when South Florida’s resurgent real estate market...
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Lil Wayne adds $2M to mortgage on Miami Beach pads
Lil Wayne and 94 La Gorce Circle in Miami Beach New Orleans rapper Lil Wayne beefed up the mortgage on two of his Miami Beach homes. He signed a $2 million mortgage modification with Fifth Third Bank,...
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Argentine investor sells Biscayne Blvd. site at 32% profit
Rendering for 3360 Biscayne Boulevard A Hollywood-based Argentine investor known as MG3 Developer Group LLC has sold an undeveloped 37,000-square-foot site in Miami’s Edgewater neighborhood for $7.6...
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Valerio Morabito mulls low-rise condo sites in Edgewater
3651 Collins Avenue and Valerio Morabito Miami condo developer and film producer Valerio Morabito is eyeing Edgewater for building low-rise condominium properties on the waterfront — in contrast with...
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