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Top stories
Top stories yesterday on The Real Deal: 1. PMG secures $22M to buy ECHO land 2. Plaza breaks ground on Related’s Millecento 3. County partnership to develop $53M affordable housing community [more]
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Florida Realtors to make property insurance, affordable housing priorities in...
[caption id="attachment_113951" align="alignleft" width="150"] Dean Asher[/caption] Florida lawmakers are not the only ones returning to the legislature in the next few weeks. The real estate trade...
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Super Bowl parody ad answers question of why God created real estate agents:...
Video screenshot of an agent And on the eighth day, God realized he needed an apartment, and so he created a real estate agent. Or at least, that’s one creation myth on offer in a YouTube parody of the...
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Orchid Grove townhomes trade in $11M deal
[caption id="attachment_113961" align="alignright" width="259"] 649 South Cypress Road in Pompano Beach[/caption] The private capital group known as 1370 S. Ocean, LLC has purchased 54 townhomes in the...
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Shiller calls investing in housing a “fad”: VIDEO
Robert Shiller on Bloomberg Television Perennial doomsayer Robert Shiller, a Yale University economist and one name behind the industry standard Case-Shiller index, had more gloomy news yesterday in an...
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Lawmakers ask Obama to replace FHFA’s DeMarco
A group of 45 members of the U.S. House of Representatives came together today to sign a letter urging president Obama to appoint a permanent leader of the Federal Housing Finance Agency who will make...
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Royal Palm kicks off leasing
Greenwich, Conn.-based real estate operating company Ivy Realty has completed the redevelopment and begun leasing the Royal Palm, a 25,000-square-foot boutique office building in Palm Beach, the firm...
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Minto to unveil Boca Reserve models Feb. 9
[caption id="attachment_113993" align="alignright" width="300"] A Boca Reserve home[/caption] A new 44-unit luxury community known as Boca Reserve will have its grand opening Feb. 9, when the first...
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Today’s priciest new listing
Today’s priciest new listing is a four-bedroom, three-bathroom, 2,864-square-foot single-family home that is asking $2.4 million, according to Condo Vultures. The house, which is located at 286 Orange...
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Top stories
Top stories yesterday on The Real Deal Miami 1. Plaza breaks ground on Related’s Millecento 2. Faena House breaks ground in Miami Beach 3. Shiller calls investing in housing a “fad”: VIDEO [more]
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Horacio LeDon to head up Elliman’s Florida new development marketing
[caption id="attachment_114011" align="aligncenter" width="575"] Horacio LeDon[/caption] Noted lone wolf broker Horacio LeDon has decided to join a larger firm—a much larger firm. LeDon recently moved...
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Youfit opens 46th location in Kendall
[caption id="attachment_114017" align="alignright" width="258"] Rick Berks[/caption] Yesterday, Youfit Health Clubs opened the doors of its 46th location -- its 18th in South Florida -- at the...
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Largest Realogy investor, Apollo Global, sees profits jump by over 100 percent
Private equity firm Apollo Global Management, the largest single investor in brokerage owner Realogy, said its profits jumped by more than 100 percent in the fourth quarter of 2012 thanks in part to a...
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Las Olas Grand unit sets sales record
A 4,265-square-foot condo in the Las Olas Grand building in Fort Lauderdale has sold for $2.6 million, or $609.61 per square foot, a price-per-square-foot record in the high-rise building, Coldwell...
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Home equity originations on the rise: VIDEO
Americans are again borrowing against their home equity, despite the still shaky housing market, according to CNBC. Even though more than 11 million borrowers are still underwater on the mortgages,...
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Brazilian Court units face foreclosure
Several of the condo hotel units in the Brazilian Court Hotel & Beach Club in Palm Beach — where David Kennedy, son of Robert F. Kennedy, died of an overdose in 1984 – are in foreclosure, the South...
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Aventura portfolio hits market asking $20M
A portfolio of three Aventura properties has hit the market asking $19.9 million, Marcus & Millichap Real Estate Investment Services, which has the exclusive listing, announced today. The portfolio...
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Today’s priciest new listing
Today’s priciest new listing is a four-bedroom, three-bathroom, 3,030-square-foot condo in the Continuum On South Beach that is asking $6.5 million, according to Condo Vultures. The waterfront condo,...
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Top stories
Top stories over the weekend on The Real Deal Miami 1. Aventura portfolio hits market asking $20M 2. Argentine developer expands Miami presence 3. Faena House breaks ground in Miami Beach [more]
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Who really owns NYC’s real estate firms?
From the February issue: Douglas Elliman chairman Howard Lorber, whose Vector Group owns about 50 percent of the firm To outsiders, it may be hard to distinguish between New York City’s big real...
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