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Palm Beach estate asks $32M
A Palm Beach estate asking $32M A 10,914-square-foot oceanfront estate hit the market asking $32 million in Palm Beach. The 1.4-acre home sits atop a natural bluff that offers sweeping views of the...
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Top stories
Top stories yesterday on The Real Deal: 1. Miami Heat dominates priciest homes list 2. Miami board approves Wynwood rezoning 3. Massive Watson Island development moves forward
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Jury awards developer Ugo Colombo $2M in jet dispute
Craig Robins and Ugo Colombo A legal dispute over a corporate jet between developers Craig Robins and Ugo Colombo has ended with a $2 million jury verdict in favor of Colombo. Nearly four years ago,...
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Once again, Florida tops in U.S. foreclosures
In February, Florida continued its streak as the No. 1 state in the nation for foreclosure activity, according to RealtyTrac. Florida’s foreclosure activity fell 24 percent, year-over-year. Even still,...
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New plans for former Miami Science Museum unveiled
Renderings of the redevelopment plan With the Miami Science Museum moving to its new building in Museum Park, the former museum site is seeing plans to be restored to its original use: a farm. Once the...
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Best cities for startups? Miami makes the grade
The Miami skyline With more businesses relocating to Miami in search of tax breaks and a growing international economy, WalletHub has listed four South Florida cities on its 2014 list of best cities to...
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Max Weinberg buys Palm Beach home
260 El Pueblo Way (inset: Max Weinberg) Longtime E Street Band drummer Max Weinberg and his wife Rebecca are the latest tri-state natives to pick up a home in the ritzy Town of Palm Beach, The Real...
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Politicians ditch Miami’s Versailles Restaurant after employee suit, Florida...
Rendering of Miami Worldcenter 1. Politicians ditch Miami’s Versailles Restaurant after employee suit [Daily Business Review] 2. Florida homeowners settle with Citizens over sinkhole claims [Miami...
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Developer Edelstein proposes Wynwood project
David Edelstein Prominent developer David Edelstein wants to stake a claim in Miami’s burgeoning Wynwood area through a partnership that includes New York real estate heavyweight Robert Futterman....
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Donald Trump wants “millions” in attorney fees
Rendering of the Trump International Hotel & Tower in Ft. Lauderdale and Donald Trump Donald Trump plans to pursue “millions of dollars” in attorney fees from two buyers of a failed Fort Lauderdale...
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South Florida tops nation in “zombie” foreclosures
Abandoned home in Lee County It’s not just about swanky mansion sales and rooftop condo parties in South Florida. The region is still inundated with dilapidated homes, with 14,600 so-called “zombie”...
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Top stories
Top stories yesterday on The Real Deal: 1. Jury awards Ugo Colombo $2M in jet dispute 2. Massive Watson Island development moves forward 3. Miami Heat dominates priciest homes list
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Miami multifamily owner gets $31M refinancing
River Oaks Apartments (via CBRE) The owner of the River Oaks Apartments in Miami has obtained a $31 million refinancing that allowed it to pay off its existing debt. AP SC River Oaks received the loan...
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Walmart-anchored project forces out mobile home tenants
Future Walmart site at Riverbend Marketplace About 30 residents at a Fort Lauderdale trailer park must move out by the end of the month to make way for a large Walmart-anchored development. The Sunset...
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Miami Tower owner adds $33M to existing loan
Miami Tower The owner of the iconic Miami Tower has added nearly $33 million to an existing loan secured by the 47-story downtown Miami building, The Real Deal has learned. I&G Miami, short for...
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Developer Sergio Pino sells Gables Estates manse
325 Leucadendra Drive (inset: Sergio Pino) Miami developer Sergio Pino has sold his Gables Estates mansion for $8 million, The Real Deal has learned. Pino and his wife Tatiana closed the sale of the...
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Palm Beach could see first new townhouses in 19 years
215 Brazilian Avenue A soon-to-be Palm Beach property owner wants to build the town’s first townhouse development in 19 years. The luxury townhouses would be built at the site of the old Plaza Inn...
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Property appraiser ballot question moves forward
Esteban Bovo Some Miami-Dade commissioners gave preliminary approval to a ballot question that would give voters the chance to clarify the authority the county’s property appraiser has. A county...
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Tobacco Road owner buys adjacent property, St. Louis law firm expands to...
Tobacco Road in Miami 1. Tobacco Road owner buys adjacent property [exMiami] 2. St. Louis law firm expands to Miami [Daily Business Review] 3. Western Palm Beach County enjoys residential rebound [PB...
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Broward Bank of Commerce to move, open new branch
1508 East Las Olas Boulevard Fort Lauderdale-based Broward Bank of Commerce may be gearing up to move its headquarters and open a third branch after filing an application with regulators. According to...
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