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321 North manager accused of misappropriating $49M
Rendering of lobby at 321 North University Drive The redevelopment of the shuttered Fashion Mall in Plantation could be tied up in litigation for a while. A Chinese company with an 80 percent stake in...
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Prologis sells large Miami distribution facility
18000 State Road 9 Prologis sold a large distribution facility in Miami for about $13.3 million, The Real Deal has learned. The Denver-based real estate investment trust closed the sale of the 18000...
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South Florida condo developers seek even richer premiums
Aerial of Miami (inset: Peter Zalewski) As South Florida’s real estate boom gains momentum, developers are proposing a wave of new condo towers equipped with the latest luxury amenities,...
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Melo Group proposes two Miami rental projects
Melody Tower rendering Miami developer Melo Group wants to build a pair of rental apartment buildings near the Adrienne Arsht Center for the Performing Arts. Melo is slated to present the latest design...
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Underwater home loans plunge in Palm Beach County
Underwater mortgages in Palm Beach County dramatically declined during the first quarter of 2014, the latest report from Zillow shows. The Seattle-based research firm released its quarterly breakdown...
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Archaeologist sues to stop Met Square, Hersha pays $100M for Key West hotel …...
A rendering of Met Square (via Nichols Brosch Wurst Wolfe & Associates) 1. Archaeologist sues to stop Met Square [NYT] 2. Hersha pays $100M for Key West hotel [GlobeSt] 3. Jeff Greene discusses...
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Barneys New York eyes Bal Harbour Shops
The Bal Harbour Shops and Barneys New York Barneys New York is interested in possibly adding a store to the Bal Harbour Shops, according to Marc Perlowitz, an executive at the luxury clothing chain....
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U.S. Century Bank sells off $14.2M in loans
U.S Century Bank In an attempt to mend its “undercapitalized” status, U.S. Century Bank sold about $14.2 million in loans, plus a large foreclosure judgment. The Doral-based bank, which received a...
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Jeff Gordon’s former Highland Beach home trades for $13.5M
2445 South Ocean Boulevard in Highland Beach An oceanfront home that once belonged to NASCAR legend and winner of multiple Winston Cups, Jeff Gordon, sold for $13.5 million. Gordon built the home at...
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South Florida employment rebounds
High-rise construction in South Florida Employment across South Florida is chasing record highs, especially in the construction industry. Payroll jobs in Miami-Dade were up 35,000 from last year, with...
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Top stories
Top stories yesterday on The Real Deal: 1. 321 North manager accused of misappropriating $49M 2. South Florida condo developers seek even richer premiums 3. Arbitrator’s ruling could impact Miami...
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Three killed in Miami Lakes condo fire
17000 Northwest 67th Avenue A deadly fire broke out at a Miami Lakes condo complex early Wednesday morning. Three residents were killed in the third-floor unit fire at the Country Lane community. A...
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Boynton Beach Marriott project gets extension
Marriott Towneplace Suites rendering Boynton Beach commissioners approved a 12-month extension for the construction of a 108-room Marriott TownePlace Suites. Architect John Vaughan of Delray Beach...
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Katina Taylor buys Plantation residence
730 Baldwin Palm Avenue and Katina and Jason Taylor The wife of former Miami Dolphins star Jason Taylor purchased a Plantation home for more than $1.3 million, The Real Deal has learned. Katina Taylor...
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Thor gets $26.6M loan for Design District purchase
Rendering of 2-54 Northeast 40th Street (via Thor Equities) Thor Equities received a $26.6 million loan for its most recent purchase in Miami’s Design District. The New York investor obtained the...
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Aventura office property hits market asking $14.9M
18901 Northeast 29th Avenue The Northern Trust Bank building near the Intracoastal Waterway in Aventura hit the market with an asking price of $14.9 million, The Real Deal has learned. Located at 18901...
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Vote on Jupiter development postponed
Indiantown Road in Palm Beach County Jupiter Council members postponed a vote on the proposed Lakewood development until next month. Following two hours of debate, the Town Council opted to delay a...
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Former Versace Mansion owner arrested for alleged assault, Miami-Dade...
Peter Loftin and PortMiami 1. Former Versace Mansion owner arrested for alleged assault [Gossip Extra] 2. Miami-Dade officially rules out PortMiami soccer stadium [Miami Herald] 3. Onetime Deerfield...
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Stephen Ross renegotiates stadium plan with Miami-Dade
Stephen Ross The Miami Dolphins are ditching their push for stadium renovation tax relief and are now asking the city to pay for recruiting major events like the Super Bowl, county Mayor Carlos Gimenez...
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Miami receives EB-5 designation
Mayor Tomas Regalado Miami has received an EB-5 Regional Center for Foreign Investment designation, making it easier for foreigners – especially Chinese investors — to park their millions in South...
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