Developer plans build-to-suit project in St. Pete
Downtown St. Petersburg Real estate firm Kucera Properties announced plans to for a build-to-suit commercial building development in downtown St. Petersburg. St. Petersburg-based Kucera hired...
View ArticleCity to review 464-unit apartment proposal in Miami
The city of Miami’s Urban Development Review Board this week will consider a proposal to build a 32-story apartment building on a one-acre parcel in downtown Miami. Property Markets Group (PMG)...
View ArticleMarket for medical office space looks healthy
Developers will deliver an estimated 8.8 million square feet of medical office space this year. Construction of medical office buildings appears to have increased from last year’s level, including some...
View ArticleWine-tasting rooms are the latest mansion trend
A wine-tasting room From Luxury Listings: So you bought a $2,000 bottle of wine. Now, where are you going to drink it? Never fear, there is a solution: The latest trend for wealthy people who like to...
View ArticleWalton County land-use action draws challenge
Walton County has 15 coastal dune lakes. Residents and conservationists challenged an effort by Walton County to amend its comprehensive land-use plan to make home construction along coastal dune lakes...
View ArticleRealtyTrac: Florida foreclosure activity down 17%
One in every 162 Miami homes is in foreclosure. Foreclosure activity in Florida dropped 17 percent in the third quarter, compared with the same period last year, according to RealtyTrac. But after...
View ArticleMost popular on The Real Deal
Current reader favorites: 1. Developers’ market outlook: TRD SoFla Forum & Showcase 2. New Yorkers attracted to new, sophisticated Miami: TRD panel 3. Connectivity, transit key to success of...
View ArticleQ&A with architect Rick Gonzalez
Rick Gonzalez Rick Gonzalez, a prominent West Palm Beach-based architect, has worked on projects in the area such as the iconic Harriet Himmel Theater in West Palm’s CityPlace and a renovation of...
View ArticleAtlanta REIT sells Sunrise corporate park for $75M
Sawgrass International Corporate Park in Sunrise Houston, Texas-based M-M Properties has purchased a business park in Sunrise for $75 million, according to Broward County records. Brookdale Six REIT...
View ArticleFinvarb lists Miami Beach development site for sale: $7M
The development site at the corner of 5th Street and Meridian Avenue in South Beach A chunk of vacant land in South Beach, owned by a member of the Finvarb family of developers, has been put up for...
View ArticleWaterfront home in Miami Beach sells for $9M
The home at 4539 Pine Tree Drive A mid-century home in mid-Miami Beach has sold for $9 million, almost five times the price it last traded for in 2001. The residence is located at 4539 Pine Tree Drive,...
View ArticleEdelstein lands $20M for Lincoln Road church site
Rendering of Miami Beach Community Church, future retail site and David Edelstein New York developer David Edelstein has secured construction financing for his much debated Lincoln Road project,...
View ArticleFort Lauderdale hotel scores $18M construction loan
Architectural drawing of the Tryp hotel in Fort Lauderdale Florida’s first Tryp-branded hotel just broke ground in Fort Lauderdale after receiving $18.4 million in construction financing. Dubbed the...
View ArticleTop producers at Zilbert jump over to ONE Sotheby’s
Alex Miranda and Joe Padula ONE Sotheby’s International Realty has hired Brown Harris Stevens | Zilbert’s Alex Miranda and Joe Padula as the firm’s new senior global real estate advisers. The Alex and...
View ArticleNY real estate magnates to buy downtown Miami tower: $13.3M
Tower 33, Alex Sapir and Gerard Guez ASRR Capital Ltd. — a publicly-traded Israeli company headed by New York real estate moguls Alex Sapir and Rotem Rosen — has teamed up with fashion heavyweight...
View ArticlePlanned Hotel Indigo in Brickell closes on $35M loan
Rendering of the Hotel Indigo in the Brickell area and a map of the site The developer behind the planned Hotel Indigo in the Brickell area closed on $34.5 million in financing from Ocean Bank on...
View ArticleGrove Place townhouses to launch second phase
Renderings of the upcoming Grove Place townhouse project Grove Place, a planned townhouse community on the northern border of Coconut Grove, is gearing up to launch its second wave of sales. Six of the...
View ArticleSimply Healthcare to relocate to Flagler Corp. Center
Flagler Corporate Center Marking one of the largest office lease deals in Miami-Dade County this year, Simply Healthcare will relocate and consolidate its Coral Gables offices at Flagler Corporate...
View ArticleThe week in luxury: A map of Miami-Dade’s priciest condo sales
Miami-Dade County’s condo market held steady during the second week of October and even saw three multimillion-dollar closings. The week’s priciest sale was unit 1902-2 at the ICON South Beach, which...
View ArticleThe Wrap: China’s millionaires are leaving China, Palm Beach housing market...
A 2003 photo of Nanjing Road in Shanghai (Credit: Agnieszka Bojczuk) 1. China’s millionaires are leaving China [Yahoo News] 2. Palm Beach housing market stabilizing after years of volatility [Palm...
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