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Douglas Elliman reaches 40 percent at new condo, Palau at Sunset Harbour
Douglas Elliman said it has reached 40 percent sales at the new condominium it is marketing, Palau at Sunset Harbour. The property, which is located in the Sunset Harbour neighborhood in Miami Beach,...
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FHA lending program allows investors to tap into run-down homes
A federally backed lending program may help buyers tap into run-down homes for a quick return on investment, the New York Times reported. The Federal Housing Administration’s 203(k) program allows...
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List of nation’s most influential RE leaders includes N.Y. and SF names — our...
Inman’s annual list of the 100 most influential real estate leaders is out, and it includes some big New York City and South Florida real estate names. [more] [more]
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Spring comes early for U.S. real estate
Could we be looking at an early spring this year — not in meteorological terms but real estate? Could the chilly December to February months, which traditionally see fewer buyers out shopping for...
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Fitch exec: Housing recovery is here — and it’s unstoppable: VIDEO
The housing recovery is here and it cannot be stopped, only moderated, Robert Fitch, managing director and lead homebuilding analyst at New York- and London-based Fitch Ratings, told Reuters. Fitch is...
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Fort Lauderdale’s Cypress Creek office tower facing $6M foreclosure
The Cypress Creek Tower in Fort Lauderdale is facing foreclosure following the loss of its anchor tenant, Wells Fargo, the South Florida Business Journal reported. An LLC representing a commercial...
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Florida Realtor group doles out scholarships to brokers’ children
Are you a South Florida real estate agent with a college age kid? Good news, the Florida Realtors trade group is offering college scholarships to the children of brokers, the Sun Sentinel reported. The...
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Altman Companies plans amenity-rich apartment complex in Kendall Square
Boca Raton-based developer the Altman Companies has closed on 24.6-acres in Kendall Square, where it will build a 321-unit apartment complex, the company announced today. Construction on the property,...
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Florida Grand Opera sells plot with $9.5M ask
[caption id="attachment_113173" align="alignright" width="240"] The Florida Grand Opera[/caption] The Doral-based Florida Grand Opera has entered a contract to sell its downtown Miami property once...
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Florida lawmakers set to spend first $60M of settlement funds
Last week, state lawmakers reached an agreement regarding how to spend the initial $60 million of the $334 million Florida received in the $26 billion mortgage settlement with the nation's five largest...
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Berman buys pair of Fort Lauderdale offices in $7.4M short sale
Berman Enterprises has picked up two office buildings in Fort Lauderdale for $7.4 million, the South Florida Business Journal reported. The offices, which are located at 2601 and 2611 E. Oakland Park...
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Download The Real Deal’s iPad app
More than 1,000 real estate insiders have already downloaded The Real Deal‘s new iPad application, where you can find a free version of this month’s print edition. Our new iPad app aims to provide a...
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Today’s priciest new listing
Today’s priciest new listing is a five-bedroom, five-bathroom, 3,180-sqaure-foot condo in the 7000 Williams Island building that is asking $1.45 million, accoridng to Condo Vultures. The waterfront...
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Fed steers largest home lenders back to recovery
The Federal Reserve’s housing policies have helped steer the four largest home loan lenders back to recovery, Bloomberg News reported. Wells Fargo, JPMorgan Chase, Bank of America and U.S. Bancorp...
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SF home values up 9.7 percent in 2012: Zillow
Home values in South Florida rose 9.7 percent year-over-year in 2012, outpacing the 5.9 percent growth in the rest of the United States, but are expected to remain largely flat in 2013, Zillow’s latest...
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Today’s priciest new listing
Today’s priciest new listing is five-bedroom, four-bathroom, 4,979-single-family home with two guest houses that is asking $9.95 million, according to Condo Vultures. The waterfront house, which is...
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Miami’s Filling Station project sells for $9.2M
The long-stalled Filling Station project in downtown Miami has sold for $9.2 million, The Real Deal has learned. The deal for the site closed Wednesday; it is the last unfinished condo project in the...
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“Like” TRD on Facebook
“Like” The Real Deal magazine on Facebook here, and you’ll be sure to stay abreast of the latest real estate news. Our Facebook page features breaking industry stories, links to quirkier pieces and...
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Coconut Grove’s “Fantasy Island” home sells for $4.7 million
The eclectic home at 3825 Bayside Court in Miami’s Coconut Grove neighborhood has been sold for $4.7 million, The Real Deal has learned. The deal on the home, nicknamed “Fantasy Island,” was handled by...
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Southeast Financial Center closes 21,482 square feet of leases
Downtown Miami’s Southeast Financial Center closed 21,482 square feet of leases to two tenants in December, the building announced. For all of 2012, the building closed 155,000 square feet of leasing...
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