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Rush to build new hotels in Palm Beach County
Hotels along the beach in Palm Beach County Palm Beach County can expect a boost in hotel room inventory in the next few years, as rising occupancy and room rates have spurred new development....
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Top stories
Top stories yesterday on The Real Deal: 1. Oleg Baybakov buys three more Edgewater properties 2. NYC developer drops big investment on Miami riverfront 3. Faena penthouse under contract for “record”...
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Consultatio gets $332M mortgage for Oceana Bal Harbour
Eduardo Costantini and a rendering of Oceana Bal Harbour Eduardo Costantini’s Consultatio received a $332 million construction loan for its luxury Oceana Bal Harbour condo project. The Argentine...
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Palm Beach commissioners approve Minto West review
South Florida model home by Minto Communities Palm Beach County commissioners voted to initiate a review of the proposed 6,500-home Minto West development during Monday’s tense public hearing. The...
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Gables Estates home sells for $11.5M
Gables Estates A waterfront Gables Estates home changed hands for $11.5 million, The Real Deal has learned. Richard and Patricia Bohn sold the four-bedroom 540 Casuarina Concourse residence on...
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Caution over the canal
PortMiami From the South Florida Market Report: Miami’s industrial real estate market will soon be hit with colossal new mega-ships loaded with cargo arriving at PortMiami, coming through an expanded...
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A look at South Florida condo maintenance costs
Peter Zalewski Buyers of preconstruction condos in South Florida should be prepared to pay an average monthly maintenance fee of 76 cents per square foot to live in a new unit in one of the more than...
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“White hot” office market drives trophy building sales
Matthew Cheezem and Charles Foschini Institutional property owners are unloading trophy office buildings to cash in on the rebounding South Florida office market. The recent sales of buildings like the...
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Thor Equities gets another Design District property
The Baltus building Thor Equities made another addition to its growing Design District portfolio with the purchase of the retail building occupied by high-end furniture company Baltus, The Real Deal...
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Miami Heat lease deal hinges on naming rights, western Palm Beach County...
AmericanAirlines Arena 1. Miami Heat lease deal hinges on naming rights [Miami Herald] 2. Western Palm Beach County farmland sells for $23M [SFBJ] 3. Biscayne Beach construction begins [exMiami] 4. The...
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Design stars
Thom Filicia is on board to design Biscayne Beach in Edgewater From the South Florida Market Report: Steven Gurowitz insists he doesn’t chase South Florida developers for business. But the CEO of...
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Demolition underway at former Miami Herald building
Miami Herald building under demolition (Credit: exMiami) The former Miami Herald building officially turned its last page Monday morning, as demolition commenced at the one-time home of the media...
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Trader Joe’s coming to Broward and Palm Beach counties
Trader Joe’s In a major push to set up shop in South Florida, private grocery chain Trader Joe’s will open a series of stores within Broward and Palm Beach counties. The nation-wide food outlet is set...
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Waterfront developments popping up in Fort Lauderdale
Fort Lauderdale riverfront Rising rents and strong demand have developers setting their sights on downtown Fort Lauderdale’s riverfront, and a slew of new luxury projects prove it. Returning for the...
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Top stories
Top stories yesterday on The Real Deal: 1. Oleg Baybakov buys three more Edgewater properties 2. Consultatio gets $332M mortgage for Oceana Bal Harbour 3. NYC developer drops big investment on Miami...
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Related launches One Paraiso unit sales
One Paraiso rendering Related Group is now marketing units at its One Paraiso condo tower in Miami’s Edgewater neighborhood. One Paraiso is the second project planned for the Paraiso Bay site at 600...
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SoFla active listings drop for the week
South Florida housing inventory (Credit: Condo Vultures) Active listings for housing inventory in the South Florida region dipped last week to 41,608, according to weekly data from Condo Vultures. For...
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Ryder buys Flagler Station headquarters for $42M
Ryder System headquarters at Flagler Station Transportation and logistics giant Ryder System plunked down $42 million to acquire its corporate headquarters at Miami’s Flagler Station, The Real Deal has...
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Default deals decline
From the South Florida Market Report: The dark days of the recession, when as many as 31,500 homeowners were defaulting on their mortgages each month, are behind South Florida. Miami’s luxury market is...
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Beckham stadium opposition grows
David Beckham The opposition to David Beckham’s proposed PortMiami soccer stadium is mounting. A group of 13 Miami-Dade County mayors and vice mayors agreed to become members of the Miami Seaport...
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