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“The Venue” banquet hall signs lease at Boca Raton’s Fountains Center
The Venue, a banquet hall company, has signed a long-term lease for 2,000 square feet at Boca Raton’s Fountains Center commercial park. The company’s space will be located at 7600 West Camino Real in...
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Boca Raton’s Hillsboro II adds new tenant
Boca Raton’s Hillsboro II mixed-use center has signed ASantos Seguros Agency as a new tenant, according to Brenner Real Estate Group. The Fort Lauderdale-based real estate firm’s Suzanna Lopez,...
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Miami home prices rise 4.4 percent, according to S&P/Case-Shiller report
Home prices rose 4.4 percent in the Miami metropolitan area in the second quarter compared to the same period in 2011, according to a new report from Standard & Poor’s Case-Shiller. That was the...
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Mary Brickell’s EnV residential tower going ahead with construction
The planned EnV residential project in Miami’s Mary Brickell Village mixed-use complex is going ahead, with Plaza Construction winning the contract on the building, the South Florida Business Journal...
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Design District’s Crumb on Parchment expands to South Beach’s Webster
Chef Michelle Bernstein’s Design District-based Crumb on Parchment bakery-cafe has expanded to a new location in South Beach, Eater reported. The restaurant is occupying a 30-seat, first-floor space in...
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Mortgage rates and applications, falling together
Mortgage applications fell again last week, even as rates returned to their downward trend, according to mortgage application data for the week ending Aug. 24 released today by the Mortgage Bankers...
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Europeans continue Miami shopping spree
Interest in South Florida’s real estate from across the Atlantic hasn’t waned. Europeans looking for a safe place to hide their millions from the ongoing sovereign debt crisis are continuing to buy in...
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Post-settlement major banks provide $10.6B of relief to 138K borrowers: VIDEO
The first progress report on the impact of the $25 billion mortgage settlement struck by the nation's five biggest lenders was released today, by Joseph Smith, who is charged with overseeing the...
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New high-rise rental coming to Coral Gables
Coral Gables is set to see a new high-rise, following approval from the Coral Gables City Commission on Tuesday, the Miami Herald reported. Miami-based Astor Development Holdings wants to build a...
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Today’s priciest new listing
Today’s priciest new listing is the former home of New York Yankees third baseman Alex Rodriguez, asking $38 million. Although word of the listing emerged two weeks ago, it officially came on to South...
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Regions Bank office building sells on Miami’s Biscayne Boulevard
The Regions Bank office building in Miami has been sold, according to Metro 1 Commercial, which brokered the transaction. Terms were not disclosed, although the 106,801-square-foot property had been...
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Developer plans new pair of Sunny Isles Beach condominium towers
Sunny Isles Beach’s condominium boom is continuing, with two new towers planned by a developer, according to a report from brokerage and consultancy Condo Vultures. The St. Tropez on the Bay IV and V...
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Sawgrass Mills adds two new tenants
The Sawgrass Mills Mall has signed two new tenants, according to the South Florida Business Journal. The Sunrise mall will now include shoe retailers UGG and ASICS. “Sawgrass Mills continues to be a...
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Digital Domain shuttering Port St. Lucie film production studio
California-based film effects company Digital Domain Media Group is closing its Port St. Lucie location, the company announced today, according to the Los Angeles Times. The news joins the announcement...
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LNR and Lynd close on development rights for Mary Brickell project
Developers LNR Property and Lynd have closed on the acquisition of the development rights to Skyline Equities Realty’s former SkyPalace project. The new project, EnV Brickell, will begin construction...
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At Related, Jeff Blau to replace Stephan Ross as CEO
New York-based Related Companies is set to see its first changing of the guard. During a speaking engagement at his alma mater, which now bears his name, the University of Michigan’s Ross School of...
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Power broker Dolly Lenz warns housing data trackers: VIDEO
Dolly LenzPrudential Douglas Elliman power broker Dolly Lenz appeared yesterday on CNBC's" Power Lunch" to discuss the housing market (see video after the jump). She told buyers and sellers that they...
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South Florida foreclosures up 53 percent through August
There were 4,823 foreclosures filed in South Florida in August this year, according to Condo Vultures, a 43.5 percent increase from the same month a year ago. A majority of the foreclosures, or 2,048...
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Despite new guidelines, short-selling buyers’ FICO scores will take a hit
With generous new guidelines from Fannie Mae and Freddie Mac likely to stimulate large numbers of short sales by underwater homeowners, what impacts can these sellers expect to see on their credit...
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Today’s priciest new listing
Today’s priciest new listing is a four-bedroom, four-bathroom, 4,074-square-foot single-family home that is asking $2.8 million according to Condo Vultures. The house, which is located at 10400 Coral...
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