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Today’s priciest new listing
Today’s priciest new listing is a four bedroom, four bathroom, 3,410-square-foot condo in Sunset Towers that is asking $3.95 million, according to Condo Vultures. The waterfront condo, which is 1900...
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LandQwest closes 22-acre deal in Fort Myers
LandQwest commercial has closed a deal for 22 acres of land in Fort Myers, the brokerage announced Friday. The buyer was TJ’s Ranch and Apiary, a limited liability company, which paid just $62,000 for...
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Douglas Elliman Florida CEO joins board of Frost Science Museum
Douglas Elliman Florida CEO Vanessa Grout has been named to the board of trustees of the Phillip Frost Museum of Science. The project, which was designed by Grimshaw, is continuing with construction in...
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Pharrell Williams lists Brickell Avenue penthouse for $16.8 million
Rapper and producer Pharrell Williams has listed his 40th-floor penthouse in Miami’s Bristol Tower for $16.8 million, according to Coldwell Banker’s Jill Eber and Jill Hertzberg. The three-story,...
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Bal Harbour Shops sees retail surge
The Bal Harbour Shops, which is planning a 200,000-square-toot expansion of its luxury retail mall, reported a 14 percent growth in sales in October. The Shops produced an average of $2,638 per square...
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Palm Beach’s Mizner Court lists for $5.5M
The historic Mizner Court apartment complex in Palm Beach has been listed for sale at $5.5 million, according to the Palm Beach Daily News. The property, which is located at 184 Sunset Avenue, is being...
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California Pizza Kitchen opens new location at Sawgrass Mills
California Pizza Kitchen has opened its new flagship restaurant at the Sawgrass Mills Mall in Sunrise, according to the Miami Herald. The new concept, which includes a California-style decor and a new...
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Fannie Mae’s new deposit guidelines to speed mortgage lending process,...
Fannie Mae has amended its guidelines on how mortgage lenders verify large deposits to borrowers’ bank deposits, which analysts tell The Real Deal will speed up the process in clearing loans. The new...
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Housing and tax reform—it’s complicated
What would happen to home values in the event that popular real estate deductions for mortgage interest and local property taxes were cut significantly? It’s an issue you’re likely to hear more about...
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HUD’s Donovan says rebuilding for displaced Sandy victims is top priority
Shaun Donovan, the U.S. Department of Housing and Urban Development Secretary, said it is crucial for Congress to approve aid for Sandy victims in order for storm-affected residents to begin planning...
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Are rising home prices healthy for the housing market recovery?
Though home prices have been on a steady rise these last months, rapid price increases could hurt recovery in the housing market, CNBC reported. The concern lies with investors who are flocking to...
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South of Fifth prices head north
From the South Florida Market report: After more than three years of stagnation, December 2011 brought a shock wave to the Miami real estate market: A 5,803-square-foot penthouse unit at the Setai...
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Today’s priciest new listing
Today’s priciest new listing is a five-bedroom, six-bathroom, 7,406-square-foot single-family home that is asking $13.9 million, according to Condo Vultures. The waterfront house, which is located at...
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Chariff handles sale of multi-family building in Design District for $3.5...
A 2,362-square-foot multi-family building in the Design District has been sold for $3.5 million, The Real Deal has learned. The property, which is located at 4100 NE 1 Street, sold for an average of...
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Jones Lang LaSalle tapped to lease distribution center in Medley
Jones Lang LaSalle has been named the exclusive leasing agent for the Pan American North Distribution Center in Medley, the brokerage announced. The 186,000-square-foot space is located at 10733 NW 123...
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NAI/Merin Hunter Codman closes 225,000 square feet of leases in third quarter
NAI/Merin Hunter Codman closed $18.5 million in sales transactions and over 225,000 square feet of leasing transactions in the third quarter, the West Palm Beach-based brokerage announced. The sales...
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HFF secures $9.3 million construction loan on Medley industrial project
HFF has secured a $9.3 million construction loan for a 185,520-square-foot, Class A spec industrial project in Medley on behalf of Industrial Income Trust. The three-year loan was placed with a...
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Nestler Poletto Sotheby’s relocates to Boca Raton’s 200 East condo
Nestler Poletto Sotheby’s is moving its main office to Boca Raton’s 200 East condominium, the brokerage announced today. The brokerage purchased the 3,100-square-foot space from the developer, the...
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Barbara Corcoran’s advice for small business owners: don’t be afraid of failure
Barbara Corcoran, who famously founded the Corcoran Group with a $1,000 loan, shared tips for small business owners with Forbes, including such gems as, “Don’t be afraid to make big mistakes” and...
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The December issue is live
Hurricane Sandy was a ferocious reminder of New York City’s proximity to the elements, a natural disaster that rewrote the city’s borders, delineating Zone A from higher ground, regions with and...
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