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Miami’s ISG adds Veronica Escobedo
Miami-based International Sales Group has added Veronica Escobedo as the brokerage’s chief marketing officer. Escobedo, who joined ISG World in 2005, worked on the firm’s South Florida and Caribbean...
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Miami home prices up 18.2 percent: report
Miami condominium and single-family home prices are up 18.2 percent for the year to date, according to a report released today by Douglas Elliman Florida in conjunction with appraisal firm Miller...
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Tech firms compete for REIT status — in an effort to save millions in taxes
Technology firms are increasingly looking to convince the government that they are, in fact, in the real estate business, according to the Wall Street Journal. If a firm can ditch its corporate tax...
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Inventory continues to plummet across South Florida: report
Residential inventory across South Florida has dropped 34 percent over the past year, a number approaching twice the national average of 19 percent, according to Zillow.com data cited by the Sun...
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PB Council boots astro turf from Brazilian Court
The Palm Beach Town Council is ordering the Brazilian Court hotel to remove nearly 1,000 square feet of artificial turf from its courtyard, after the hotel installed in product without their approval,...
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Marina Lofts developer brings famous Danish designer on to rental project
Developer Asaf “Asi” Cymbal has brought on the Danish architect Bjarke Ingels to design the six-acre Cabi New River site in downtown Fort Lauderdale, according to the South Florida Business Journal....
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Today’s priciest new listing
Today’s priciest new listing is a three-bedroom, two-bathroom, 2,044-square-foot condo in the Icon Brickell that is asking $1.3 million, according to Condo Vultures. The waterfront corner unit, which...
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Village at Dolphin Commerce Center sells Doral industrial warehouse
The Village at Dolphin Commerce Center in Doral has sold a 11,400-square-foot industrial warehouse for $1.44 million, according to Miami-based Kaizen Realty Partners, which represented buyer Quantico...
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South Beach’s Ocean House sells two-thirds of SoFi condo units
South Beach’s Ocean House condominium has sold two-thirds of its units since officially relaunching in May 2012, the project announced. Ocean House, which is located at 125 Ocean Drive in the South of...
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EWM tapped to market Aventura’s Village at Island Estates
EWM has been named the exclusive marketing agent for the Village at Island Estates project. The 148-unit community will be located on an eight-acre private island off of Aventura accessible by private...
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Sky Zone to open 30,000-square-foot indoor trampoline park in Doral
Sky Zone will soon be opening a 30,000-square-foot indoor trampoline park with 16,000 square feet of trampoline space in Doral, the company announced this week. The park is located at 5450 NW 82nd...
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Porsche Design Tower Miami opens sales center in Sunny Isles
The Porsche Design Tower Miami has opened its sales center, Porsche Design Group and Dezer Development announced. The 60-story, 132-unit tower, which will have a robotic garage, will be located at...
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Hampton Inn Brickell gets LEED certification
The Hampton Inn & Suites Brickell-Downtown is now Miami’s first LEED-certified hotel, following its award of LEED Silver certification by the U.S. Green Building Council. The 15-story, 221-room...
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Brenner closes sale of 5,000-square-foot warehouse in Riviera Beach
Lisa Caniff, Floridian-LSL Properties has purchased a 4,980-square-foot warehouse in Riviera Beach, according to Fort Lauderdale-baed Brenner Real Estate Group, which handled the transaction. The space...
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Shiller: Bernanke doesn’t have the power to right the housing market: VIDEO
Robert SchillerYale economist Robert Shiller, of the S&P/Case-Shiller Home Price Indices report told CNBC that Fed Chairman Ben Bernanke doesn't have the power to fix the housing market. Another...
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Revival of second mortgages seen as a housing market bellwether
If you have a pressing need to raise some cash, here’s some good news: Rising home values are encouraging lenders to revive a product that imploded during the housing bust years — second mortgages....
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Fort Lauderdale shopping center faces $20M foreclosure
A shopping center in Fort Lauderdale, known as the Victoria Park Shoppes, has been hit with a $19.9 million foreclosure lawsuit, the South Florida Business Journal reported. A commercial...
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Calling Mr. Carson: Uber-wealthy turn to estate managers to oversee mansion...
Big houses incur big costs — and require a huge staff; and someone to manage that staff. Across the U.S., there are about 1,000 estate managers keeping the many houses — city, beach and country — of...
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Today’s priciest new listing
Today’s priciest new listing is a three-bedroom, three-bathroom, 3,017-square-foot, single-family home that is asking $5.7 million, according to Condo Vultures. The waterfront house, which is located...
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Starwood Capital taps CBRE to lease Miami’s Westland Mall
Starwood Capital has retained CBRE to lease a six-property mall portfolio that includes the Westland Mall in Miami, CBRE announced today. Starwood recently acquired a 90 percent stake in seven U.S....
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