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Morgans refinances Delano South Beach
Delano South Beach Morgans Hotel Group has completed a $100 million refinancing of a credit facility secured by the popular Delano South Beach hotel. The transaction was part of a $450 million...
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Foreclosures keep dropping in PB County
Foreclosure activity continues to decline in Palm Beach County. The county clerk’s office said only 587 new foreclosure actions were filed last month for a year-over-year drop of 56 percent, the Palm...
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Developer talks Miami skyscraper plans
SkyRise Miami Developer Jeffrey Berkowitz is starting to release preliminary details of his planned 1,000-foot observation tower in downtown Miami. The glass and steel tower, called SkyRise Miami,...
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A tour of Ernest Hemingway’s Key West home, Shooters back in business in Fort...
Ernest Hemingway’s Key West home and Shooters Waterfront in Fort Lauderdale 1. A tour of Ernest Hemingway’s Key West home [Curbed] 2. Shooters back in business in Fort Lauderdale [Sun-Sentinel] 3....
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Aventura Mall to rank second-largest in US with expansion
Aventura Mall Plans to expand America’s third biggest shopping center could push the Aventura Mall into the nation’s No. 2 slot. The owners, a partnership between Turnberry Associates and Simon...
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Mega-retailer coming to brownfield site?
A Wal-Mart store A national retailer and grocery chain has applied to use state incentives to develop a brownfield property in southwest Miami-Dade County for a massive store location. The undisclosed...
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Doral in a Coral Gable-esque development frenzy
City of Doral and Nathan Kogon The fledgling city of Doral, which became an independent municipality just 11 years ago, approved a slew of new residential and commercial developments to accommodate its...
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Today’s priciest listing: $18M
Rendering of completed 300 Costanera Road in Coral Gables Agent Luisa Mendoza for brokerage Esslinger Wooten Maxwell had the most expensive listing of the day at 300 Constanera Road on the Islands of...
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Top stories
Top stories yesterday on The Real Deal: 1. Developers expand Sunny Isles project 2. Palm Beach mansion trades for $29M 3. Developer talks Miami skyscraper plans
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Judge approves Fisher Island residential project
Fisher Island A U.S. bankruptcy judge has allowed a company to pursue two residential developments on Fisher Island while its Chapter 11 case and a pending foreclosure lawsuit play out. Judge A. Jay...
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Dezer reveals residential project plans at mall site
Gil Dezer Gil Dezer’s development firm plans to build at least 600 residential units at the Intracoastal Mall it acquired two months ago. Dezer revealed his company’s intentions to add a residential...
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Met Square builder fights to save project
Royal Palm Hotel The developer of the proposed Met Square in downtown Miami is set to pitch the city’s historic preservation board on how it would build the mixed-use complex on a site where...
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South Beach hotel sells for $15.5M
Hotel Nash, formerly known as Lords South Beach The Hotel Nash in South Beach has traded for about $15.5 million, The Real Deal has learned. A company managed by Miami Beach-based Cambean Hospitality...
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South Florida still tops nation in foreclosures
South Florida’s foreclosure activity is dropping, but the region still has more new filings than any other major metropolitan area in the nation. The latest report from Irvine, Calif.-based RealtyTrac...
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Experts talk Miami Beach hotel trends
Robert Finvarb and Robert Hazard The Miami Beach hotel sector is experiencing a strong resurgence since the recession, but several industry experts say the market still has ample room to grow. Hotel...
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Latest on Zaha Hadid’s Miami Beach parking garage, speculation on Beckham’s...
Rendering of Zaha Hadid’s Miami Beach parking garage and David Beckham 1. Latest on Zaha Hadid’s Miami Beach parking garage [ExMiami] 2. Speculation on Beckham’s Miami MLS team name, logo [Palm Beach...
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Buyer deposit chopped for Paramount condo tower
Rendering of Paramount Buyers at a proposed condominium at Fort Lauderdale Beach would only have to pay a 30 percent deposit, thanks to the equity financing that will fund the project. Developers Art...
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Choices, choices for Airport City director
Airport City rendering Instead of grounding the existing Airport City mixed-development planned for the entrance to Miami International Airport, two different committees are trying to determine the...
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Holiday Inn construction in Boynton Beach stalls
A Holiday Inn location Construction of a 93-key Holiday Inn Express in Boynton Beach has been halted for operating without an environmental resource permit. An inspection earlier this month of the...
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Today’s priciest listing: $5.5M
10225 Collins Avenue, Bal Harbour A luxury home in the Bellini condominium tower in Bal Harbour is the most expensive home on the market today, with the owner asking $5.5 million for the...
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