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Qatar firm acquires St. Regis Bal Harbour
St. Regis Bal Harbour Resort Qatar’s largest development company has acquired the St. Regis Bal Harbour Resort for $213 million. Al Rayyan Tourism Development Company purchased the resort from Starwood...
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Seaboard Marine renews Medley lease
Seaboard Marine’s Medley facility and Jonathan Kingsley Seaboard Marine has signed a 267,400-square-foot industrial lease renewal in Medley, The Real Deal has learned. The 10-year lease, which includes...
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Closing quickly critical in Miami real estate market, Jewish Chabad branch...
Bluffs Marina in Jupiter 1. Closing quickly critical in Miami real estate market [Daily Business Review] 2. Jewish Chabad branch buys Coral Springs property [South Florida Business Journal] 3. Miami...
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Miami Beach developer fights $10M NY judgment
Ophir Sternberg, Michael Feinstein and Alan Kluger Miami Beach developer Ophir Sternberg is embroiled in heated litigation over a mortgage obtained for an old New Jersey real estate investment, The...
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West Palm Beach commission OKs chapel-to-condo plan
Al Adelson and Chapel By the Lake (Credit: Flickr) West Palm Beach commissioners unanimously approved developer Al Adelson’s unveiled revised plans for a condo project at waterfront Chapel-by-the-Lake...
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$200M Delray mixed-use development approved
2012 rendering of Atlantic Crossing project along Atlantic Avenue in Delray Beach A $200 million, nine-acre mixed-use development along Atlantic Avenue west of the Intracoastal Waterway in Delray Beach...
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Miami-based MC2 Realty eyes Parisian buyers
From left: Paraiso Bay, 1 Hotel & Residences South Beach and Marie-Charlotte Piro South Florida real estate agents are increasingly turning to Paris, France, as a new outlet for reaching...
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Today’s priciest listing: $12.8M
One Bal Harbour, unit 2503, at 10295 Collins Avenue in Bal Harbour Today’s priciest new listing is a three-bedroom, three-and-a-half-bathroom condominium at One Bal Harbour asking $12.8 million. The...
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Top stories
Top stories yesterday on The Real Deal: 1. ExMiami founder should explain mission 2. Qatar firm acquires St. Regis Bal Harbour 3. Douglas Elliman adds two Miami Beach brokers
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Crimson construction begins in Edgewater
Miami Mayor Tomas Regalado, Commissioner Marc Sarnoff and mckafka principals Stephan Gietl and Fernando Levy Hara at The Crimson groundbreaking ceremony (credit: Eva Cantillo) and a Crimson rendering...
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Jailed Osorio sells Aventura condo for $1.2M
Claudio Osorio Jailed Miami Beach entrepreneur Claudio Osorio raised a small amount of the restitution he owes to fraud victims through the $1.2 million sale of his Aventura condominium, The Real Deal...
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Developer gets OK for $125M Hollywood project
Future site of Preserve at Emerald Hills A developer has obtained approvals for a $125 million luxury residential development in Hollywood. MG3 Development Group and partner Brookman Fels plan to begin...
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Rental market strong throughout Miami-Dade
Gables Ponce in Coral Gables With so much focus on Miami-Dade County’s preconstruction condo market, the strong rental performance in key pockets has flown under the radar. Apartment owners in Coral...
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Broward residential sales, prices increase
Residential sales and prices rose in Broward County last month, a sign buyers remain enthusiastic about the market. Single-family home sales jumped from 1,238 in December 2012 to 1,300 last month for a...
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Construction of Brickell apartment project begins
Brickell’s residential construction wave continued with work beginning at the Edge at Brickell apartment project. Behringer Harvard Multifamily REIT of Dallas is building the 418-unit Edge on 2.4 acres...
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Lab company ditches Doral for Pompano Beach, Alta Dadeland construction...
Pompano Beach facility to be occupied by Lysium Labs 1. Lab company ditches Doral for Pompano Beach [South Florida Business Journal] 2. Alta Dadeland construction begins [ExMiami] 3. Palm Beach Council...
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Auto insurer grabs 31K sf at Doral office building
8550 Northwest 33rd Street in Doral Boston-based landlord TA Associates Realty is saying hello to Windhaven Insurance and bidding farewell to Spanish-language media company Univision at a four-story...
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Mutual fund mogul Charles Royce buys $13M PB estate
Deborah and Charles Royce Investment adviser Charles Royce of Manhattan-based Royce & Associates and his wife Deborah, a Miramax film executive, bought a five-bedroom waterfront pad in Palm Beach...
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West Palm Beach sues housing nonprofit to recover two debts
Neighborhood Renaissance house at Gateway community in West Palm Beach (Inset: Terri Murray) West Palm Beach housing nonprofit group Neighborhood Renaissance was hit with a foreclosure suit filed by...
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Today’s priciest listing: $8M
Today’s priciest new listing is a five-bedroom, five-bathroom single-family home asking $8 million. The 6,000-square-feet home is located at 3060 North Atlantic Boulevard in Fort Lauderdale. It...
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