Clik here to view.
Miami-based developer secures $1.7B loan
Miami-based developer Lennar has secured $1.7 billion loan from China Development Bank to fund the development and construction of two major projects in San Francisco, the Miami Herald reported. When...
View ArticleClik here to view.
What’s the biggest story in South Florida real estate today? Let us know
Foreign buyers. The foreclosure crisis. New development. The South Florida real estate market is as active as it’s ever been. So we want to ask you – what do you think is the biggest issue in South...
View ArticleClik here to view.
Today’s priciest new listing
Today’s priciest new listing is a seven-bedroom, nine-bathroom, 6,942-square-foot single-family home that is asking $7.45 million, according to Condo Vultures. The waterfront house, which is located at...
View ArticleClik here to view.
Everglades Island home sells for $5.6M
A home on Palm Beach’s Everglades Island has sold for $5.64 million, according to the Palm Beach Daily News. The five-bedroom property, which was built in 1951, is located at 630 Island Drive. The...
View ArticleClik here to view.
In shadow of Miami’s residential boom, foreclosure market heats up
The foreclosure document scandal in late 2010 led to a large-scale freeze on foreclosure processing and foreclosure sales activity, particularly in South Florida, one of the nation’s foreclosure...
View ArticleClik here to view.
Former Elliman broker to lead sales at Sage Beach condo in Hollywood Beach
International Sales Group has appointed its team to market the Sage Beach project in Hollywood Beach. The brokerage has named Lisa Whitaker as Director of Sales and Cindy Darnaby as senior sales...
View ArticleClik here to view.
Fore! Trump continues to bet on golf, even as interest slumps
Despite waning interest and profits in golf courses during the tough economic times, Donald Trump is moving full speed ahead, picking up golf links around the country, sometimes at huge discounts....
View ArticleClik here to view.
Mayra Kavan joins Cresa’s South Florida office
Advisory firm Cresa has added Mayra Kavan as an advisor in their South Florida office, the company announced today. Mayra studied Architecture and Interior Design at the University of Florida and is a...
View ArticleClik here to view.
U.S. home builders urge Obama, Boehner to avoid fiscal cliff
Major U.S. home builders are urging President Barack Obama and House Speaker John Boehner to avoid the fiscal cliff even if it means adjusting tax rates, the Wall Street Journal reported. In a letter...
View ArticleClik here to view.
Miramar industrial property trades for $36.5M
Industrial Income Trust has purchased a 280,000-square-foot property in Miramar for $36.5 million, according to the South Florida Business Journal. Public records uncovered by the Business Journal show...
View ArticleClik here to view.
Today’s priciest new listing
Today’s priciest new listing is a seven-bedroom, six-bathroom, 7,052-square-foot single-family home that is asking $5.9 million according to Condo Vultures. The house, which is located at 177 Clarke...
View ArticleClik here to view.
Zaha Hadid to design first Miami skyscraper at 1000 Biscayne Boulevard
World-renowned architect Zaha Hadid will be designing her first skyscraper in the Western Hemisphere, The Real Deal has learned. Developer 1000 Biscayne Tower, which is managed by Gregg Covin and Louis...
View ArticleClik here to view.
Related, National YoungArts Foundation to partner at ICONBAY
The Related Group and the National YoungArts Foundation are partnering to bring programming into Related’s new condominium projects, they announced Monday. “We are constantly looking for fresh ways to...
View ArticleClik here to view.
California’s Umami Burger to open in South Beach
California-based Umami Burger will be opening a location in South Beach, Eater reported. The restaurant, which took home the GQ award for burger of the year, will be opening at the former 8 oz. Burger...
View ArticleClik here to view.
International Sales Group names Liliana Gomes director of international sales
Miami-based International Sales Group has named Liliana Gomez the firm’s new director of international sales, it announced today. Gomez will be responsible for working with brokers and clients in Latin...
View ArticleClik here to view.
Shared workspace Pipeline Brickell reaches 70 percent occupancy in first month
Shared workspace Pipeline Brickell has reached 70 percent occupancy in its first month. The 14,000-square-foot office, which is located at 1101 Brickell Avenue in Miami, focuses on start-ups,...
View ArticleClik here to view.
End of federal law protecting renters could increase evictions in foreclosure...
When a little-known federal law expires at the end of the 113th Congress, millions of renters across the U.S. could face eviction, the Huffington Post reported. The Protecting Tenants at Foreclosure...
View ArticleClik here to view.
Builder confidence rises for eighth straight month
Builders are increasingly bullish about the newly built single-family home market, according to the latest National Association of Home Builders/Wells Fargo Housing Market Index. The index of builder...
View ArticleClik here to view.
$3B merger for realty groups; $400M in acquisitions planned for 2013
American Realty Capital Properties Inc. (ARCP) yesterday announced that it will acquire its sponsored REIT American Realty Capital Trust III in a $3 billion merger, GlobeSt reported. The deal is...
View ArticleClik here to view.
Federal regulators to give mortgage lenders bigger legal shield
Despite the numerous abuses and discriminatory practices U.S. banks have been accused of since the recession began, federal regulators are about to give big banks protection against homeowner lawsuits,...
View Article