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Sunset Islands land deals set pricing records
John Sandberg and Ann Nortmann Three residential properties in Miami Beach’s Sunset Islands were sold for a combined $11.5 million. The sales of 1757 West 27th Street and 2535 and 2555 Shelter Avenue...
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West Palm Beach hotel changes hands for $15M
DoubleTree by Hilton West Palm Beach Airport A West Palm Beach hotel traded for $15 million, Palm Beach County records show. East Windsor, N.J.-based West Palm Beach Hotel sold the DoubleTree by Hilton...
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Deadline looms for massive Watson Island project
Watson Island Flagstone Property Group must start construction on the long-delayed Island Gardens development by June 2, as required by the company’s latest lease extension. But Flagstone has a hurdle...
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Brickell condo cycle has familiar feel, Codina’s 5252 Paseo starts converting...
Brickell Avenue 1. Brickell condo cycle has familiar feel [Miami Herald] 2. Codina’s 5252 Paseo starts converting unit reservations [exMiami] 3. Rail link to PortMiami continues to expand [Miami Today]...
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Home starts soar in South Florida
Homebuilding across South Florida boomed in the first quarter of the year, with home starts up 16.6 percent. Metrostudy, a company that monitors building permits, found 1,659 housing starts in the...
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Skyrise Miami could break ground this month
A rendering of Skyrise Workers may break ground on developer Jeff Berkowitz’ 1,000-foot SkyRise Miami tower this month — if a proposal from the Miami City Commission is approved. The commission hopes...
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Big project could be coming to Brickell Avenue
1300 Brickell Avenue A 3-acre parcel along Brickell Avenue could be a part of a major development play. Tigervest and Pacific National Bank own the properties, which currently house the headquarters of...
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Miami Beach Convention Center pares down on space
Miami Beach Convention Center As the Miami Beach Convention Center prepares for construction and upgrades over the next three years, the property’s managers are planning to ration convention space. At...
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Top stories
Top stories yesterday on The Real Deal: 1. Downtown Miami property draws huge interest 2. Midtown Miami landowner wants to unload 18 acres 3. Related ISG broker victimized by online hoax
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Dan Marino’s former Parkland pad now a rental
From left: Dan Marino and 6429 Northwest 65th Way in Parkland Dan Marino’s former Parkland mansion is about to become an extremely expensive rental property – at least until a buyer emerges. The 6429...
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David Beckham open to downtown stadium site
Carlos Gimenez and David Beckham In a move that would undoubtedly satisfy many opponents of a Major League Soccer stadium at PortMiami, David Beckham said he is open to a different waterfront site...
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Yunel Escobar buys penthouse on Miami River
The Ivy and Yunel Escobar Professional baseball player Yunel Escobar now has a penthouse on the Miami River to go along with his two single-family homes in Miami, The Real Deal has learned. The Tampa...
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Miami’s Waterford Centre changes hands
Waterford Centre New Boston Fund sold the Waterford Centre in Miami just two years after acquiring the property. Ivy Realty of Greenwich, Conn. acquired the Class A office building from the...
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Ingraham Garage sale price revealed
Ingraham Garage The buyer of the Ingraham Garage in downtown Miami paid $31 million for the property, county records show. Miami-Dade County recorded the sale of the 225 Southeast Second Street garage...
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Le Parc at Brickell gets $19M loan
Le Parc at Brickell rendering The developers of condo project Le Parc at Brickell received a $19 million loan. Banco de Credito Inversiones Miami Branch (or BCI Miami) gave Miami-based ALTA Developers...
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Miami at center of climate change debate, Palm Beach County home construction...
Example of South Florida coastal flooding 1. Miami at center of climate change debate [NYT] 2. Palm Beach County home construction hits six-year high [PB Post] 3. Top 20 highest-paid financial execs in...
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South Florida is No. 2 in US for all-cash deals
The Miami skyline Forget financing — all-cash new and existing home deals are becoming commonplace throughout South Florida, according to RealtyTrac. In the first quarter of the year, all cash sales...
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Miami school board to consider bids for land
The Miami-Dade School Board is considering unloading some land after getting appraisals on two parcels in west and central Miami-Dade. The land was valued at more than $6.5 million by the property...
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Palm Beach Airport holdout agrees to sell
Marlene Cooper in front of her home and the Palm Beach Airport (source: Palm Beach Post) Pianist Marlene Cooper, one of the last holdouts against the Palm Beach International Airport, has caved,...
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Long-delayed nightclub to open in Wynwood
Mark Lowe A new nightclub slated to open this month in Miami’s Wynwood Arts District will create 50 to 100 new jobs, according to the owner. The club, dubbed HOUSE, took six years and nearly $10...
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