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$50M Fashion Mall lawsuit dropped, refiled
Fashion Mall in Plantation Plantation’s Fashion Mall owner Tangshan Ganglu Iron & Steel Company filed a lawsuit alleging misuse of funds during a recent redevelopment project, but a federal court...
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Miami’s office market tightens up
Brickell Office inventory is shrinking and prices are growing in Miami, according to a new Commercial Industrial Association of South Florida report. Miami’s office vacancy rate fell to 17.3 percent in...
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Top stories
Top stories yesterday on The Real Deal: 1. Miami receives EB-5 designation 2. Katina Taylor buys Plantation residence 3. South Florida condo developers seek even richer premiums
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Sunrise development site trades for $15.4M
Portico site A multifamily development site in Sunrise changed hands for $15.4 million. The West Palm Beach-based Richman Group of Florida picked up 6.9 acres at the intersection of Northwest 21st...
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Carlos Gimenez mulls PortMiami development
PortMiami Now that a Major League Soccer stadium at PortMiami is off the table, Miami-Dade Mayor Carlos Gimenez is mulling development options for the prime seaport land. Gimenez called the PortMiami...
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Fort Lauderdale hotel to reopen on Friday
855 Northeast 20th Avenue A Fort Lauderdale hotel that previously catered to gay male travelers is being repositioned as a family-friendly property following a renovation. The former Retro Schubert...
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West Palm Beach developer asks commissioners for delay
Palm Harbor Marina The developers of the proposed Palm Harbor Marina hotel in West Palm Beach want city commissioners to delay voting on the project until June 9. Attorney Samuel Poole, who represents...
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Chetrit presents ambitious project along the Miami River
Joseph Chetrit and a rendering of one of the proposed towers New York City’s Chetrit Group is planing to bring four 60-story towers to the Miami River. The towers would include a marina, 300-room hotel...
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Miami Heat offer county a new stadium deal
AmericanAirlines Arena The Miami Heat offered the city a new agreement — one that does not call for the construction of a stadium. But the Heat are asking for higher government subsidies and fixed rent...
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St. Regis Bal Harbour unit goes for nearly $23M
St. Regis Bal Harbour The south tower penthouse at the St. Regis Bal Harbour sold for $22.75 million. The 14,129-square-foot condo was unloaded by a Delaware corporation whose owner is Yuriy Kosyuk, a...
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Home with historic design asks $14.5M
196 Banyan Road A grand and historic home has hit the market in Palm Beach asking $14.5 million. Designed by noted society architects John Volk and Gustav Maass in 1929, the Mediterranean-style house...
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Shamrock of Sunrise complex auctioned off at steep discount
4011 N. Pine Island Road Boca Raton-based Pine Island Holdings has won a foreclosure auction and is taking title to the the Shamrock of Sunrise Apartment complex at a 64 percent discount to its...
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Follow The Real Deal South Florida on Twitter
The go-to source for real estate insiders on the move, TRD South Florida’s Twitter feed provides up-to-the-minute tweets with links to posts from our daily blog, in-depth features from our market...
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Banks paid $9B to Florida mortgage holders
Five national banks indicated today that they have finished paying $9.1 billion to Florida homeowners are part of a settlement with the state and federal officials. Some of the $9.1 billion in relief...
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Top stories
Top stories yesterday on The Real Deal: 1. Miami receives EB-5 designation 2. Chetrit presents ambitious project along the Miami River 3. Katina Taylor buys Plantation residence
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Lois Pope buys large Manalapan manse
1720 South Ocean Boulevard (inset: Lois Pope) The widow of National Enquirer founder Generoso Pope paid $16.2 million for a massive Manalapan home, The Real Deal has learned. RDV Properties sold the...
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Whole Foods renews, expands in Pompano Beach
2700 Northwest 19th Street Whole Foods just signed a big lease renewal at its Pompano Beach distribution facility. The natural and organic foods retailer expanded its occupancy at the Pompano Business...
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Richard LeFrak gives partner home loan
Richard LeFrak New York billionaire Richard LeFrak provided a second home mortgage to one of his development partners in Miami-Dade County. LeFrak gave Michael Swerdlow and his wife Sherie a $1 million...
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Palm Beach home sold to former sporting goods exec
200 South Ocean Boulevard Former sporting goods mogul David Gochman plunked down $15.4 million for an oceanfront home in Palm Beach, The Real Deal has learned. Gochman and his wife Becky acquired the...
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Sprawling water park planned in Fort Lauderdale
Aerial rendering of Schlitterbahn Water Park An enormous water park is being planned at the former spring training home of the Baltimore Orioles and New York Yankees in Fort Lauderdale. Schlitterbahn...
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