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Miami Beach cousins invest in oceanside roots
The Shelborne Hotel, South Beach Menin Hotels, run by cousins Jared Galbut and Keith Menin, is fast-expanding its South Beach property empire, according to the Miami Herald. Galbut, 30, and Menin, 32,...
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South Florida residential market rebounding
Fisher Island and South Beach In pockets of the U.S., including South Florida, residential real estate is bounding after hitting rock bottom five years ago. The demand far outstrips supply, triggering...
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Today’s priciest listing
2901 Collins Avenue Today’s priciest new listing is a two-bedroom, two-bathroom, 2,805-square-foot single-family home asking $7.9 million. With construction to be finished in 2014, the home is located...
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Top stories
The top stories yesterday on The Real Deal: 1. Dream Hotel owner busted for drugs in Florida 2. Leading developers to discuss SF market at May 16 TRD roundtable 3. Biscayne Boulevard towers planned by...
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Some 600 SoBe condos unsold from last boom
Some 600 new South Beach condos remain unsold, the vestiges of South Florida’s last boom, according to a new first quarter 2013 analysis by CondoVultures.com. As values climb, developer units are...
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Investor-owned rentals make strange neighbors
Greenacres, Palm Beach County The fabric and feel of neighborhoods is changing as investors buy swaths of distressed single-family homes to rent, the Palm Beach Post reported. “There are a lot of nice...
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Schools, safety top draws for overseas buyers
Francisco Angulo International buyers continue fueling Miami’s real estate market, Francisco Angulo, the managing broker at Coldwell Banker’s Coconut Grove office, told the Miami Herald in an...
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South Florida housing values continue to climb, S&P/Case-Shiller index says
S&P/Case-Shiller Home Indices February 2013 According to Standard & Poor’s/Case-Shiller index, South Florida’s housing stock appreciated 10.8 percent in February from the year before, the...
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Florida House passes foreclosure reform bill
A home for sale, pre-foreclosure The Florida House of Representatives passed a bill late Monday to speed up foreclosures and unclog backed-up courts, the Florida Current reported. The bill, HB 87,...
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Star broker’s son inherits real estate legacy
1000 Museum and its architect, Zaha Hadid Mayi de la Vega, the founder of One Sotheby’s, and her 30-year-old son Daniel are brokering some of South Florida’s biggest real estate transactions, according...
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Unseen hands broker Cuba’s growing home sales
Cuba’s residential real estate market is taking off Since Raul Castro legalized Cuba’s real estate market, informal brokers have helped to faciliate a swift business on the island, including, it is...
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Today’s priciest listing
100 South Point Drive, Miami Beach Today’s priciest new listing is a three-bedroom, two-bathroom, 3,353-square-foot condo asking $6.89 million. The condo is located in the Continuum on South Beach’s...
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Top stories
Top stories yesterday on The Real Deal: 1. Star broker’s son inherits real estate legacy 2. Miami Beach cousins invest in oceanside roots 3. Florida House passes foreclosure reform bill
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Back in business, housing affiliate companies say
Lawyer Roy Oppenheim South Florida’s housing industry – an engine of the regional economy – is coming back to life after last decade’s frenzied boom that culminated in collapse, the Sun-Sentinel...
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Archaeological treasure beneath the skyscrapers
Royal Palm Hotel An archaeological dig at the site of the future Met Square entertainment complex has unearthed several stages in Miami’s history of development dating from 500 BC, the Miami Herald...
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Two decades later, ‘Glass’ tower will finally rise
Glass, 120 Ocean Drive, Miami Beach The tower formerly known as Kallisto and later as 120 Ocean will finally rise as Glass, exMiami reported. Over two decades, the building’s blueprints have changed...
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Chicago investor’s profitable year in Palm Beach
Everglades Island Chicago developer and real estate investor Fred Latsko made a tidy $4 million profit in an off-market sale of a Palm Beach mansion he bought a year ago, according to Linda Gary, a...
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Fla. House passes bill on state’s property insurer
Florida coast Florida members of the House of Representatives passed a bill to reform Citizens Property Insurance Corp. that differs substantially from a Senate bill approved last week, the South...
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South Florida supplement in May issue is live!
Cover of South Florida Market Report The South Florida Market Report is live today as a supplement inside the May issue of The Real Deal. Inside you’ll find out who the top condo developers are in...
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Liens on billionaire investor’s Palm Beach manse
La Bellucia Two liens have been filed on one of billionaire Jeff Greene’s Palm Beach properties, Gossip Extra reported. Two contractors claim they have not been paid in full for extensive renovations...
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