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Top stories
Top stories over the weekend on The Real Deal: 1. Sales to launch at 43-story Brickell condo tower 2. Related’s Jorge Pérez puts his stamp on the skyline — again 3. Two decades later, ‘Glass’ tower...
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Affordable developer Carlisle accused of fraud
Carlisle’s Lloyd Boggio, far left, Matthew Greer, far right A Miami federal grand jury is investigating South Florida’s preeminent developer of affordable housing, the Carlisle Group, on accusations of...
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Inside Indian Creek, site of Miami’s priciest homes
Indian Creek From the South Florida issue: The most expensive home in Miami-Dade County is in a neighborhood that those in the know consider perhaps South Florida’s most exclusive: Indian Creek. A...
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Dolphins’ stadium plans halted after bill sidelined
Sun Life Stadium The Miami Dolphins halted plans to renovate Sun Life Stadium after Florida lawmakers failed to take up a bill that would finance part of the renovation with public subsidies, the...
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Foreclosure cases clog South Florida courts
Foreclosure cases mount up Clearing the dockets of foreclosures can appear a Sisyphean task for South Florida’s courts as new filings keep apace with closed cases, the Palm Beach Post reported. From...
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Renters getting crushed by U.S. housing costs
Share of working households with a severe housing cost burden by state, 2011 In the grand scheme of personal finances, your take home pay is like an apple pie. Your bills are the hungry flock of kids...
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Financial group buys offices at big discount
Peter Messina Financial solutions firm Bankers Health Group purchased three office buildings in Davie for $3.5 million — 46 percent off their foreclosed mortgage, the South Florida Business Journal...
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Developers relying more on alternative financing
Jeff Bartel Despite the rise of construction and demand, commercial and residential developers are still lacking a steady source of funding for projects. However, there are alternative financing...
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Today’s priciest listing
Bentley Bay condominiums (Source: StreetEasy) Today’s priciest new listing is a five-bedroom, five-bathroom penthouse condominium asking $20 million. The 6,000-square-foot home at Bentley Bay is...
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Top stories
Top stories yesterday on The Real Deal: 1. Affordable developer Carlisle accused of fraud 2. Renters getting crushed by U.S. housing costs 3. Inside Indian Creek, site of Miami’s priciest homes
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‘A tenant’s market’ in Broward, CBRE report says
Kenneth Krasnow, CBRE South Florida Office space in Broward County, Fla., dropped in the first quarter to a vacancy rate of 18.6 percent while retail and industrial space vacancy hovered around 8...
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LNR Corp. HQ sold to Parkway for $66 million
1601 Washington Ave., Miami Beach Parkway Properties signed a deal to buy Lincoln Place, an office and retail building on Washington Ave. in South Beach, for $66 million in debt and stock, the South...
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‘Harriet’ tunnel-making machine at journey’s end
Miami’s machine-bored tunnel Construction workers emerged from the darkness, climbing over chunks of debris pushed by a giant $45 million boring machine Monday as it completed the final leg of forging...
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Palm Beach’s most expensive oceanfront homes are lingering on the market
From the May issue: For more than a century, ever since Standard Oil founder Henry Flagler put up a 55-room Beaux-Arts mansion to spend his winters, Palm Beach has had a reputation for luxury real...
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Fla. attorney general considering New York’s mortgage settlement banks complaint
Florida Attorney General Pam Bondi Florida’s attorney general Pam Bondi said her office is considering claims that Wells Fargo and Bank of America are violating the terms of last year’s nationwide,...
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Fontainebleau hotel quits hospitality association
Fontainebleau Miami Beach The Fontainebleau hotel has parted ways with the Greater Miami & The Beaches Hotel Association amid a disagreement over redeveloping the convention center district, the...
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For Miami subsidized housing developer Carlisle, bank suit court date set on...
Matthew Greer The Carlisle Development Group, a Miami-based subsidizing housing developer with more than $1 billion in completed projects, has a trial date set for a supposed $5.1 million loan default...
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Today’s priciest listing
5817 Riviera Drive in Coral Gables Today’s priciest new listing is a five-bedroom, five-bathroom single-family home asking $2.7 million. The 5,454-square-foot French colonial home is located at 5817...
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Top stories
Top stories yesterday on The Real Deal: 1. Affordable developer Carlisle accused of fraud 2. Renters getting crushed by U.S. housing costs 3. LNR Corp. HQ sold to Parkway for $66 million
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Stephen Ross, Dolphins’ owner and Related founder, pledges half of $4.4B...
Stephen Ross Miami Dolphins’ owner Stephen Ross, the billionaire co-founder and chairman of the closely held luxury condo developer, the Related Group, pledged half his $4.4 billion fortune to charity,...
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