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Florida foreclosures expected to cool down in 2014
Sharon Bock and Peter Ticktin Residential foreclosures dating from the recession might be coming to an end this year in Florida. Deerfield Beach foreclosure defense firm Ticktin Law Group, for example,...
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Another housing bubble is forming: OPINION
From the New York site: The U.S. housing bubble is forming again, as evidenced by the fact that home prices are rising faster than rental costs, Peter Wallison, senior fellow at the American Enterprise...
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Today’s priciest listing: $7.5M
17749 Collins Avenue, unit 402, in Sunny Isles Beach Today’s priciest new listing is a three-bedroom, five-bathroom condominium at the Mansions at Acqualina asking $7.5 million. The home is located at...
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Top stories
Top stories yesterday on The Real Deal: 1. Shore Club changes hands in $175M transaction 2. Another housing bubble is forming: OPINION 3. Company plans residential tower in West Brickell
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BBX Capital buys PB Gardens retail center
3801 Design Center Drive A company tied to BBX Capital Corp. has acquired the PGA Professional & Design Center in Palm Beach Gardens for $5.6 million. The purchase price for BBX-managed PGA Design...
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Investor wants to spend $200M in SoFla
1201 Northeast 38th Street in Oakland Park Veteran South Florida real estate investor Yoram Izhak has multiple acquisitions in the works as part of a goal to spend $200 million in 2014. North...
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Sunny Isles project includes unit sculptures
Muse rendering (inset: Helidon Xhixha) South Florida developers are finding unique ways to incorporate art into their luxury condo projects. The developers of Muse in Sunny Isles Beach plan to include...
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Waterfront Boynton Beach units up for sale
Peninsula on the Intracoastal and Mark Pordes The new owners of Peninsula on the Intracoastal are about to put 70 residential units at the Boynton Beach building up for sale. Peninsula Boynton...
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Chinese real estate investors not concerned with yields: VIDEO
Watch the latest video at video.foxbusiness.com From the New York site: Dwindling returns at home coupled with the perception of the United States as a secure parking spot for their money have led...
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WPB commissioners approve golf course project
President Country Club West Palm Beach commissioners have approved the redevelopment of a golf course site near the Lands of the President. The commission voted in favor of a planned mixed-use...
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Board rejects plans for MBay and Biscayne Beach, Dolphins’ Taylor recoups...
Biscayne Beach rendering and Jason Taylor 1. Board rejects plans for MBay, Biscayne Beach [exMiami] 2. Dolphins great Taylor recoups $1.5M from failed real estate venture [DBR] 3. Tech firm expands,...
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Wellington buys 2-acre office complex for $5M
12230 West Forest Hill Boulevard in Wellington The village of Wellington acquired a two-acre office building known as Lake Wellington Professional Center. Village officials plan to rent out the offices...
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SoFla home prices climb more than 14% year-over-year
Across the board, South Florida home prices underwent a year-over-year surge in November, according to CoreLogic data. Home prices increased 15.5 percent in Miami-Dade County, 15.2 percent in Broward...
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Serena Williams buys parcel at Bear’s Club in Jupiter
152 Bear’s Club Drive in Jupiter, and Serena Williams Tennis champ Serena Williams paid $4.1 million for an out-of-the-way Jupiter site on 2.4 acres at Jack Nicklaus’ golf-pro development known as the...
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Today’s priciest listing: $8.5M
188 Spyglass Lane in Jupiter Today’s priciest new listing is a six-bedroom, five-bathroom single-family home asking $8.5 million. The 8,402-square-feet home is located at 188 Spyglass Lane in Jupiter....
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Top stories
Top stories yesterday on The Real Deal: 1. Investor wants to spend $200M in SoFla 2. Another housing bubble is forming: OPINION 3. Shore Club changes hands in $175M transaction
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Related gets $31M construction loan for Icon Bay
Icon Bay rendering and Jorge Perez The Related Group has obtained a $31 million construction loan for its Icon Bay project in Miami’s Edgewater neighborhood, The Real Deal has learned. PRH NE 28th...
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Genting scales back Resorts World Miami plan
A rendering of Resorts World Miami With two months until the Florida Legislature convenes for its 2014 session, Genting Resorts World has dramatically scaled back the gambling component of its resort...
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Jupiter tech park sells for nearly $31M
Jupiter Medical and Technology Park The Jupiter Medical and Technology Park has traded for nearly $31 million. A company tied to Florida Turbine Technology, which occupies more than one-third of the...
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Echo Brickell developer slashes maintenance fees
Peter Zalewski As competition to attract buyers to South Florida’s 183 announced preconstruction towers intensifies, the developer of the proposed Echo Brickell high-rise in Miami has slashed its...
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