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Association completes One Bal Harbour purchase
One Bal Harbour The residential association at condo-hotel One Bal Harbour has closed on the $13.4 million purchase of the property’s hotel tower, common areas and nine unsold condos. One month after...
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David Stern hit with class action judgment
David Stern Disbarred attorney David J. Stern was hit with an $831,110 judgment in what could be the first successful class action lawsuit against the onetime foreclosure mogul. A class of more than...
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Surf Club owner lands Four Seasons for project
Surf Club rendering and Nadim Achi Fort Capital is bringing in Four Seasons to brand and manage its hotel at the Surf Club in Surfside. The Miami-based private real estate investment firm finalized an...
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Miami-Dade light rail back in play
Carlos Gimenez Miami-Dade County is looking to revive discussions about a potential light rail system connecting Miami and Miami Beach. County Mayor Carlos Gimenez, Miami Mayor Tomas Regalado and Miami...
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Mechanical parking in Brickell high-rises elicits concerns, Saks, Apple could...
A rendering of Brickell City Centre 1. Mechanical parking in Brickell high-rises elicits concerns [Miami Today] 2. Rumor: Saks, Apple, other retailers coming to City Centre [ExMiami] 3. City National...
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Burt Reynolds Ranch site gets county commission’s OK
Burt Reynolds and Jupiter Farms The Palm Beach County Commission unanimously approved a land-use change that officially allows the Burt Reynolds Ranch in Jupiter Farms to hold a development of 30...
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National register adds Curci House in Hallandale Beach
324 Southwest Second Avenue in Hallandale Beach The National Register of Historic Places has officially recognized the two-story Curci House in Hallandale Beach as one of its own. Hallandale Beach has...
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Dacra to build three parking garages in Design District
Craig Robins and Miami Design District In addition to extensive retail development heading to the Design District in Miami, parking is not far behind it. Developer Dacra plans to build three...
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Today’s priciest listing: $22.5M
24 South Hibiscus Drive in Miami Beach Today’s priciest new listing is a five-bedroom, five-bathroom single-family home asking $22.5 million. The 13,000-square-feet home is located at 24 South Hibiscus...
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Top stories
Top stories yesterday on The Real Deal: 1. Surf Club owner lands Four Seasons for project 2. New York investor acquires nine Miami properties 3. Erroneous report impacts Miami condo project
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Developer gets $32M loan for Miami Beach hotel
Rendering of AC Hotel by Marriott in Miami Beach UPDATED, 2:30 p.m., Jan. 30: A company tied to hotel developer Robert Finvarb has obtained a $32.1 million leasehold mortgage for the future AC Hotel by...
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SoFla casinos not state priority in 2014
It looks like Genting and other gaming companies hoping to open Las Vegas-style casinos in South Florida must wait another year for the opportunity. Florida’s house speaker and senate president...
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Rental construction surges in Broward County
Broward County is experiencing a surge in rental apartment construction. More than 15,000 apartments are under construction or in planning and permitting phases in Broward, Daily Business Review...
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Baptist Health to build $400M cancer center
Rendering of Miami Cancer Institute Baptist Health South Florida plans to build a $400 million cancer center on its main campus. Construction of the Miami Cancer Institute is scheduled to begin this...
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SoFla home flipping slows down
Home flipping is starting to slow down in South Florida, a sign that investors are moving on to other opportunities. The latest report from Irvine, Calif.-based RealtyTrac shows the region’s flipping...
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Engineers study Miami-Dade Courthouse cracks
Miami-Dade County Courthouse Engineers are undergoing tests to determine the cause of basement column cracks in the Miami-Dade County Courthouse. The county’s Internal Services Department hired an...
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First Stella McCartney adidas store launches, two more Miami projects get FAA...
Stella McCartney and New River Yacht Club in Fort Lauderdale 1. First Stella McCartney adidas store launches in Miami Beach [Miami Herald] 2. Two more Miami projects get FAA approval [ExMiami] 3....
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Starwood proposes Aloft Coral Gables
Aloft logo and pool at Aloft Miami-Brickell at 1001 Southwest Second Avenue Starwood Hotels and Resorts Worldwide plans to open an Aloft hotel in Coral Gables, its eighth location in the state, by...
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Miami Shores looks to annex Kmart site
Kmart in Lakeland The Miami-Dade village of Miami Shores is seeking approval from Kmart and Chase Bank to begin annexing an area and therefore reduce costs. The so-called “Kmart corner” goes from 105th...
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Allen Morris Brickell Park may get redeveloped: report
25 and 10 Southeast 10th Street Coral Gables-based commercial developer Allen Morris Company is looking to develop the namesake Allen Morris Brickell Park, ExMiami reported, citing recent filings with...
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