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Anthony Lomangino sells another PB Gardens home
11743 Belladonna Court (inset: Anthony Lomangino) Recycling mogul Anthony Lomangino completed his second sale of a Palm Beach Gardens residence in less than two months, The Real Deal has learned....
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Lehman subsidiary sells Miami Beach land
Former Golden Sands Hotel in Miami Beach A Lehman Brothers subsidiary sold the former Golden Sands development site in Miami Beach to a joint venture that plans to develop a boutique residential tower...
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Soffer tower is 25th proposed in Northeast Miami-Dade
Peter Zalewski A 25th new condo tower was proposed for the Aventura and Sunny Isles Beach market in Northeast Miami-Dade County, increasing the total number of planned units for this market to more...
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Royal Caribbean forms alliance to fight Beckham stadium
PortMiami and David Beckham Royal Caribbean Cruises formed a coalition to fight David Beckham’s proposed Major League Soccer stadium at PortMiami. The cruise line and numerous allies created the Miami...
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Former owner buys most of Mayfair Hotel
Mayfair Hotel and Spa The Schlesinger family acquired most of Coconut Grove’s Mayfair Hotel and Spa only two years after losing it through foreclosure. Mayfair CLTG Holdings, which is managed by Robert...
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Meet the buyer of 30 Star Island, Shorecrest Club construction progresses …...
30 Star Island Drive (via The Jills, Coldwell Banker Real Estate) 1. Meet the buyer of 30 Star Island [Daily Business Review] 2. Shorecrest Club construction progresses [exMiami] 3. Venetian Causeway...
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Alex Rodriguez sells Miami Beach condo
Alex Rodriguez Alex Rodriguez netted a profit of nearly $500,000 on the sale of his Miami Beach condo. The embattled New York Yankees slugger sold the Mei unit for about $2.6 million after paying $2.1...
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Dania Beach implements “Ocean Park” plan
Dania Beach Dania Beach is hoping to position its waterfront as “Ocean Park” to entice South Floridians looking for a quieter alternative to the bustling beach areas dominated by condo towers...
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Short sales plummet in Palm Beach County
Once a life boat for struggling homeowners in a sinking housing market, short sales are now on the decline, according to a new report. An analysis conducted by CoreLogic showed that Palm Beach County...
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Miami housing costs soar past affordability threshold
From left: Spencer Rascoff, chief executive of Zillow and Downtown Miami (Credit: Shutterstock) Miami rents have climbed high enough to consume 43 percent of the typical household income, according to...
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Top stories
Top stories yesterday on The Real Deal: 1. Jeffrey Soffer’s Turnberry plans Sunny Isles project 2. Lehman subsidiary sells Miami Beach land 3. Tommy Hilfiger completes Raleigh Hotel purchase
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Ray Lewis takes loss on Highland Beach sale
3573 South Ocean Boulevard and Ray Lewis Retired football star Ray Lewis sold his oceanfront Highland Beach estate for nearly $4.8 million. The former Miami Hurricanes and Baltimore Ravens linebacker...
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Judge signs Miami-Dade sewer system deal
South District Wastewater Secondary Treatment Plant and AECOM’s John Dionisio A federal judge in Miami signed a legal agreement forcing Miami-Dade County to make $1.6 billion in sewer system repairs...
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Thor, Edelstein make Design District buys
The NEST building (inset: David Edelstein) Thor Equities continued building its portfolio in Miami’s Design District with a $9.6 million acquisition, while developer David Edelstein picked up two...
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Downtown’s growth key to drawing auto race to Miami
Tim Mayer A new auto racing series wants to hold one of its annual events in downtown Miami, where last month’s injury and arrest-filled Ultra Music Festival has city politicians fuming, The Real Deal...
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Palm Beach County apartments sell for $18.1M
Village Club Apartments The Village Club Apartments in Palm Springs changed hands for $18.1 million, The Real Deal has learned. A company tied to Tampa multifamily investor Avesta Communities acquired...
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Greater Downtown Miami condo rents surge
Downtown Miami Greater Downtown Miami enjoyed a surge in rental rates over the last five years, but the market is starting to level off. Increased employment is helping downtown condo owners fill up...
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Miami Beach to host town hall on Beckham stadium, Miami-Dade slot revenue...
PortMiami and David Beckham 1. Miami Beach to host town hall on Beckham stadium [Miami Herald] 2. Miami-Dade slot revenue less than expected [Miami Today] 3. First mixed-income tower under construction...
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Brooklyn developer buys former golf course
Former California Golf Club A Brooklyn developer acquired the 181-acre site of the former California Golf Club in northern Miami-Dade County for $19.1 million. The Mazel Group’s acquisition of the...
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Marina sues City of Miami over lease
Rickenbacker Marina Rickenbacker Marina is in heated litigation with the City of Miami over the boat storage company’s lease for its longtime location on Virginia Key. The marina filed its latest...
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