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Bad-boy developer Kramer on verge of bankruptcy, private Miami hospital to be...
Metropolitan Hospital of Miami and Thomas Kramer 1. Bad-boy developer Thomas Kramer on verge of bankruptcy [Miami New Times] 2. Private hospital in Miami is about to be sold [South Florida Business...
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Judge mulls deal to revive Fisher Island condo project
Fisher Island (Inset: Arkady Patarkatsishvili) Although a legal fight persists over who owns an 18-acre parcel, a U.S. bankruptcy judge is set to review a deal that allow a 94-unit Fisher Island...
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Eight Miami condo developments get FAA approval
From left: Renderings of Resorts World Miami and 600 Biscayne Eight Miami condominium projects are allowed to continue with construction after the Federal Aviation Administration found that they do not...
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New York hedge, private equity funds drawn to Palm Beach
Al Rabil and Kelly Smallridge The changing tax laws are expected to help drive up the number of private equity funds, hedge funds and other Wall Streeters fleeing New York for South Florida, especially...
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Today’s priciest listing: $3.7M
1061 Ocean Drive in Juno Beach Today’s priciest new listing is a three-bedroom, three-bathroom single-family home asking $3.7 million. The 3,011-square-feet home is located at 1061 Ocean Drive in Juno...
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Top stories
Top stories yesterday on The Real Deal: 1. Developer hopes to expand boom to Little Havana 2. Eight Miami condo developments get FAA approval 3. Coral Gables office building sells for $25.5M
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New York investor acquires nine Miami properties
1900 Biscayne Boulevard A New York investor has acquired nine properties north of downtown Miami for $13.6 million, The Real Deal has learned. Biscayne 1900 Owner, a company managed by Atlas Capital...
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Broward commissioners to vote on three projects
Broward County commissioners are set to determine the fate of three proposed developments during today’s meeting. GBP Regency is seeking to raze a 60-room hotel at 2000 South Ocean Boulevard to make...
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Plaxico Burress takes $2M loss in short sale
2249 Northeast 26th Street and Plaxico Burress Former Super Bowl hero Plaxico Burress took a $2 million loss on the short sale of his Lighthouse Point home, The Real Deal has learned. Burress and his...
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Beckham, Miami-Dade talk soccer stadium
Carlos Gimenez and David Beckham Miami-Dade County is expected to start negotiating a deal for a Major League Soccer stadium in downtown Miami with soccer legend David Beckham’s investment team today....
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Trump Group buys Sunny Isles timeshare units
Golden Strand Ocean Villa Resort A company tied to the Trump Group has acquired 134 timeshare units in Sunny Isles Beach for $28.3 million. The Trump company purchased all but 24 units at the Golden...
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Erroneous report impacts Miami condo project
Peter Zalewski Rumors may be the currency of gossipers at the coffee house or local bar but incorrect information disseminated in business circles can ultimately have a bearing on real dollar...
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Deerfield Beach apartment complex fire displaces 24 residents, Chatham...
Deerfield Place Condominiums and Chatham Lodging’s Courtyard at Fort Lauderdale North/Cypress Creek 1. Deerfield Beach apartment complex fire displaces 24 residents [Sun-Sentinel] 2. Chatham Lodging...
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Acreage shopping center developer seeks three-year delay
The Acreage in Palm Beach County The Acreage-based developer Coconut Northlake LLC is seeking a three-year extension on a controversial 31-acre shopping mall project in the rural Palm Beach County...
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SoFla home prices up 16.5%: Case-Shiller
The South Florida housing price index experienced a 16.5 percent rise in November year-over-year, according to a report from Standard & Poor’s/Case-Shiller. The counties – Miami-Dade, Broward and...
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Miami Beach developer Thomas Kramer nears bankruptcy
Thomas Kramer Thomas Kramer, bad-boy German developer behind the resurgence of Miami Beach’s South of Fifth neighborhood, is about $300,000 away from going bankrupt. Kramer of TK International said in...
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Today’s priciest listing: $6.4M
Today’s priciest new listing is a three-bedroom, three-bathroom condominium at Four Hundred South Ocean Blvd. with a separate cottage asking $6.4 million. The 2,376-square-feet home is located at 400...
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Top stories
Top stories yesterday on The Real Deal: 1. Eight Miami condo developments get FAA approval 2. Developer hopes to expand boom to Little Havana 3. New York investor acquires nine Miami properties
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Boca Raton retail center sells for $19M
HSBC Plaza in Boca Raton A Boca Raton shopping center has traded for $19 million, The Real Deal has learned. Yamato Court of West Palm Beach sold HSBC Plaza at 19120 South State Road 7 on Jan. 23,...
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Related, Fannie Mae get $15M for apartments
7261 Northwest 16th Street in Plantation A joint venture between the New York-based Related Companies and Fannie Mae has sold a Plantation apartment complex for $15 million, The Real Deal has learned....
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