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Thor Equities completes priciest Design District buy
Lyle Chariff Thor Equities just made its biggest investment in Miami’s Design District to date, The Real Deal has learned. The New York investor paid $45.4 million for Sam Herzberg’s portfolio in the...
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Miami-Dade’s Metrorail turns 30, big All Aboard Florida discussion slated for...
A Metrorail train 1. Miami-Dade’s Metrorail turns 30 [Miami Herald] 2. Big All Aboard Florida discussion slated for Tuesday [WLRN] 3. New South Beach furniture store gets approval [exMiami] 4. Miami...
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Sales to launch at long-vacant Homestead site
Leeward Isles II Vacant for years, 60 weed-covered lots in Homestead are poised to see new life as affordable housing. Caribe Homes, which owned the lots, caved during the housing crises and was forced...
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Prologis makes $4.7M industrial deal
7007 NW 30th Street in Miami Prologis has picked up a 77,000-square-foot industrial building for $4.7 million. The seller was Gold Coast Beverage Distributors, and Easton Group’s Michael Waite and Jim...
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Trader Joe’s makes South Florida push
Trader Joe’s A long awaited Trader Joe’s grocery store is finally coming to Palm Beach County. The California-based grocer will open this Friday in Wellington at 2877 S. State Road 7. Trader Joe’s...
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Is South Florida’s housing market healthy?
South Florida It’s difficult to say just how well the South Florida housing market is doing, according to Miami Realtor Javier Gonzalez. But brokers across the region agree that it is more competitive...
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Top stories
Top stories yesterday on The Real Deal: 1. Grant Cardone makes big Miami real estate push 2. Thor Equities completes priciest Design District buy 3. Romero Britto’s South Beach gallery sells for $34.5M
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Broward commission to decide fate of three projects
Dev Motwani Broward County commissioners are expected to determine the fate of three large residential projects during Tuesday’s meeting. Developer Dev Motwani’s Chieftain Pembroke wants to construct...
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South Beach hotel renovation almost done
1825 Collins Avenue A long-awaited South Beach hotel renovation is getting closer to completion. Operator Sixty Hotels expects to finish work on the former Continental Oceanfront South Beach Hotel by...
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Pearl at Dadeland developers get $71.3M loan
Pearl at Dadeland site (via exMiami) The developer of a large apartment project across from Miami’s Dadeland Mall received a $71.3 million construction loan, The Real Deal has learned. JPMorgan Chase...
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Jade Signature developer scales down project
Jade Signature rendering As competition for buyers intensifies in Sunny Isles Beach, where 14 new condo towers are proposed, developer Edgardo Defortuna is reducing the number of units, square footage...
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Sunset Islands mansion sells for $14.3M
2305 Lake Avenue Developer Todd Michael Glaser got about $14.3 million for the Sunset Islands manse he built last year. Glaser’s TGRS LLC sold the waterfront 2305 Lake Avenue home in a transaction...
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Florida’s Hardest Hit program about to reopen
The state is about to reopen its $350 million mortgage reduction program. Florida housing officials announced that online applications for the next round of the Hardest Hit Fund Principal Reduction...
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Broward considering stiffer fines for unlicensed contractors, how Interval’s...
FPL’s Turkey Point plant 1. Broward considering stiffer fines for unlicensed contractors [Sun-Sentinel] 2. How Interval’s $190M purchase of Hyatt’s timeshare business transpired [DBR] 3. What will...
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Former Bridge Hotel wraps up $10M reno, opens with new name
The Waterstone Resort & Marina in Boca Raton After completing a $10 million renovation, the Waterstone Resort & Marina in Boca Raton – formerly the Bridge Hotel – is set to open in just a few...
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Prices are contining to climb in Weston
Weston Compared to many South Florida suburbs, Broward’s Weston has fared relatively well since the recession. The median price of a single-family home in ZIP 33326 — the oldest and most modest section...
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Luxury duplexes could be coming to Old Jupiter Beach Road
Villa Diamante Ten luxury duplexes, dubbed Villa Diamante, could soon land on three-acres along Old Jupiter Beach Road. The plans by developer Kennedy Homes is scheduled to go before the town’s...
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Dadeland Mall renovation adds 25 stores
The Dadeland Mall The recent redevelopment of the Dadeland Mall will add 25 new stores and approximately 1,500 new jobs, according to mall manager Irma Castor. The new two-level Terrace wing added...
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Top stories
Top stories yesterday on The Real Deal: 1. Jade Signature developer scales down project 2. Thor Equities completes priciest Design District buy 3. Grant Cardone makes big Miami real estate push
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Metropica developer receives key approval
Metropica model The developer of Metropica in western Sunrise got a critical approval from the city’s Local Planning Agency on Tuesday. Sunrise commissioners, who comprise the agency, unanimously...
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