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West Palm Beach office building sells for $5.2M
An office building at 307 and 316 Evernia Street in West Palm Beach has sold for $5.24 million, The Real Deal has learned. The 19,688-square-foot building was bought by Palmsway Investments from RHN...
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Construction on downtown Miami’s Museum Park reaches halfway point
Construction on downtown Miami’s Museum Park has reached the halfway point, with the structural foundation of the Patricia and Phillip Frost Museum of Science now complete. Vertical construction is now...
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Vanguard Children’s Academy signs 5,000-square-foot lease in Gables
Vanguard Children’s Academy has signed a 4,900-square-foot lease in Coral Gables, according to Keyes Commercial Realty. The Pre-K school has taken space at 924 Ponce De Leon Boulevard in Coral Gables....
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Architecture billings climb for fifth month, signaling growing demand for new...
The Architecture Billings Index, a leading indicator for future construction spending, posted its fifth consecutive monthly gain in December, according to the American Institute of Architects. The ABI...
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Mortgage applications climb, as rates hold steady
The number of mortgage applications for the week ending January 18, 2013 increased 7 percent on a seasonally adjusted basis from the week ending January 11, 2013, the Mortgage Bankers Association...
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Today’s priciest new listing
Today’s priciest new listing is a nine-bedroom, nine-bathroom, 16,311-square-foot single-family home that is asking, $10.9 million, according to Condo Vultures. The waterfront house, which is located...
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CREC tapped to represent Jimmy John’s, BGR in South Florida expansions
Miami-based Continental Real Estate Companies is representing a group of three retail companies making expansions in South Florida. The firm’s leasing team of Sabrina Meerbott and Chris Barney are...
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HC arranges $6 million financing for 123,164-sf Pembroke Pines retail center
Delray Beach-based HC Capital has arranged $6 million in financing for Sedano’s Plaza on West Pembroke Pines Boulevard in Pembroke Pines, the firm announced. HC’s Kurt Hoffman and Chris Caveglia...
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Trump’s Doral Golf Resort & Spa to begin renovations in the spring
The Doral Golf Resort & Spa, which Donald Trump purchased last year for $150 million, has unveiled the first images of its guest room redesigns as part of a major renovation of the property. The...
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Miami’s Miracle Marketplace sells for $92 million
Chicago-based real estate investment firm Heitman has paid $92 million for the Miracle Marketplace retail center on Miami’s Coral way. The property was sold by AWE Talisman in a deal handled by Jones...
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Miami office vacancy drops to 18.1 percent: report
Office vacancy in Miami-Dade County reached 18.1 percent in the fourth quarter of 2012, according to the latest MarketView from CBRE. That number was an improvement from a nearly 20 percent rate in the...
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Bal Harbour’s “Villa Bougainvillea” lists for $19.9 million
A home in the Bal Harbour Estates community in Bal Harbour has been listed for sale at $19.9 million. The property is nicknamed ”Villa Bougainvillea.” The property, which is located at 88 Bal Bay...
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Related launches former Palm Beach Promenade condo as “Casa Costa”
Related Group has rebranded the former Promenade condominium in Palm Beach as “Casa Costa” and officially launched sales at the project. Related ISG International Realty has been tapped for sales and...
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Starwood buys RE loan manager LNR in $1B deal
LNR Property, the nation’s largest manager of distressed commercial real estate loans, has been sold to Barry Sternlicht’s Starwood Property in a $1.05 billion deal, Bloomberg News reported. Starwood...
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Real estate tech startup Agorafy launches social network for commercial brokers
Agorafy, a real estate startup that specializes in commercial listings, will launch a professional profile feature at the end of January, aimed at boosting the interaction between brokers, owners,...
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Miami Beach Pinetree Drive home sells for $7.8M
The home at 4777 Pinetree Drive in Miami Beach has been sold for $7.75 million, according to data from real estate information firm StreetEasy. The property was purchased by Indian Creek II, a limited...
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Terra Group launches sales for Grove at Grand Bay’s South Tower project
Terra Group’s Grove at Grand Bay project says it has reached 80 percent in sales at its planned North Tower, and is going ahead with a launch of sales at the project’s South Tower. The sales have...
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One Sotheby’s International Realty lists nine-bed Gables Estates manse for...
One Sotheby’s International Realty has listed the home at 325 Leucadendra Drive in Coral Gables for $10.9 million, according to data from real estate information firm StreetEasy. The nine-bedroom,...
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Ritz-Carlton Singer Island sells $25 million in 45 days
The Ritz-Carlton Residences on Singer Island has sold $25 million worth of units in the last 45 days, the project announced today. That brings the development to 70 percent sold, led by increased...
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