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TerraCap Partners acquires Hampton Inn & Suites hotel in Fort Myers
TerraCap Partners has acquired a 120-room Hampton Inn & Suites hotel in Fort Myers Beach, the company announced. The property, which is located at 11281 Summerlin Square Drive, is managed by...
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Miami’s Cervera Real Estate tapped as consultants for Trump Panama project
Miami’s Cervera Real Estate has been appointed as the lead consultants for the Trump Ocean Club International Hotel & Tower in Panama, the brokerage announced. The 70-story condominium-hotel, which...
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Klewin Construction relocating Florida office from West Palm to Miami
Klewin Construction will be moving its corporate office in Florida from West Palm Beach to Miami, the company announced. The firm’s new office will be located at 444 Brickell Avenue in Miami, according...
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Wynwood: Soho South
From The Real Deal’s South Florida market report: It’s an edgy area, full of art galleries, well-worn loft spaces and a few intrepid retail tenants — an Italian restaurant, an indoor-outdoor tavern...
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Miami loses on Marlins stadium
When the city of Miami agreed to bankroll a controversial new stadium for the Miami Marlins, the understanding with team’s owner Jeffrey Loria was that he would continue to put up a competitive team...
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Builders associations merge to form new regional trade group
The 66-year-old Builders Association of South Florida has merged with the Gold Coast Builders Association to create the Florida Atlantic Building Association, a regional lobbying arm. The merger was...
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Federal Housing Administration may take unprecedented step of relying on...
The Federal Housing Administration is expected to announce that rising mortgage delinquencies could exhaust its reserves, potentially leading the agency to rely on taxpayer funding for the first time...
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El Aeropuerto takes 5,000 square feet in Doral’s One Park Square
Spanish language digital media company El Aeropuerto has leased 5,000 square feet of Class-A office space at One Park Square in Doral, New Boston Fund, a private equity real estate investment,...
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Today’s priciest new listing
Today’s priciest new listing is a six-bedroom, seven-bathroom, 6,300-square-foot condo in the 2100 Condo At Sloans Curve that is asking $5.8 million, according to Condo Vultures. The waterfront condo...
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Sabadell United Bank building in West Palm sells for $15.4 million
The Sabadell United Bank building in West Palm Beach has been sold for $15.4 million, according to CBRE. The 113,862-square-foot property, which is located at 1645 Palm Beach Lakes Boulevard, was...
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HC Capital arranges $4.3 million in financing for Boca Raton mixed-use property
HC Capital has arranged $4.3 million in financing for Boca Pier Plaza in Boca Raton, the firm announced Friday. The property is made up of two retail buildings and one office building totaling 30,114...
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Marcus & Millichap lists Fort Lauderdale site for $14 million
Marcus & Millichap has listed Riverbend, a bank-owned development opportunity in Fort Lauderdale, for $13.9 million, the brokerage announced. The property’s price equates to approximately $1.2...
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National sales activity, prices remain higher than 2011: report
The trend of increased home sales activity and home prices continued in October across the United States, according to RE/MAX’s National Housing Report. Closed transactions increased by 17.8 percent...
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Indian Creek dominates Miami’s top sales
From The Real Deal’s South Florida market report: The oral history of Miami’s residential boom over the past two years should be told in Spanish or Portuguese. Buyers from Colombia, Venezuela,...
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NAHB chief to policymakers: Proceed with caution on FHA changes
The National Association of Home Builders has called for “policymakers to proceed cautiously” when considering a restructuring of the Federal Housing Administration, which for decades has played a key...
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Trump inks deal for Ritz-Carlton Golf Club in Jupiter
The Ritz-Carlton Golf Club & Spa in Jupiter will soon have new owner by the name Donald Trump, the Palm Beach Post Reported. On Thursday, Trump singed a contract for the golf club for an...
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Boca Raton office owned by alleged fraudster sells
A Boca Raton office building owned by Atul Bisaria, who has been indited on fraud charges that allegation misappropriating loan funds for hotels has sold at a 64 percent discount, the South Florida...
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New York’s Serafina restaurant to open location at Dream South Beach
New York Italian restaurant group Serafina will be following a number of fellow Gotham eateries to Miami, with plans to open a location at the Dream South Beach hotel. Serafina Dream South Beach, which...
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Continuum unit sells for $1,600 per square foot as SoBe “trickle down” effect...
This year has seen some of the highest prices ever paid for Miami real estate — including the $25 million sale of a penthouse unit at Miami Beach’s Continuum condominium tower. But the sky-high prices...
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