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Ritz-Carlton company splits with Palm Beach hotel, sues owner
Ritz-Carlton Palm Beach The Ritz-Carlton Hotel Company is parting ways with its Palm Beach hotel by July 1, the national chain said in a release. The company is alleging a breach of contract in a...
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Palm Beach billionaire Jeff Greene doubles down on NYC real estate development
Jeff Greene and 100 Vandam Street in Manhattan From the New York site: Billionaire real estate entrepreneur and former Florida Senate candidate Jeff Greene has set his sights on New York City, with...
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Blanca CRE to lease IFB Center building in Miami
IFB Center in Miami Real estate brokerage Blanca Commercial Real Estate has been tapped as the exclusive leasing agent for the 51,600-square-foot office building that houses International Finance Bank...
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Number of homeowners underwater plummets
Anand Nallathambi, president and chief executive of CoreLogic While rising home prices have helped right nearly two million upside-down mortgages across the U.S. this year, more than 40 percent of...
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Today’s priciest listing
3140 North Bay Road in Miami Beach Today’s priciest listing is a six-bedroom, eight-and-a-half bathroom single-family home asking $14.95 million. The 8,355-square-foot home is located at 3140 North Bay...
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Barclays exec sells SoBe pad at steep loss
From left, 50 S. Pointe Dr., Unit 3202, Miami Beach; seller, Barclays corporate banking head John Winter and buyer, Ecuador Coca-Cola bottling executive Juan Carlos Correa Barclays corporate banking...
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Top stories
Top stories yesterday on The Real Deal: 1. Ritz-Carlton company splits with Palm Beach hotel, sues owner 2. Developer: Miami ‘most attractive’ to foreigners 3. Billy Joel sells bayside manse, piano not...
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‘Vulture’ breaks down South Florida’s condo climate
Peter Zalewski Peter Zalewski is one of those rare skeptics about South Florida’s booming real estate market, especially all the condominium projects. And the consultant has listeners, even a developer...
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Florida again tops nation in foreclosures
Daren Blomquist Florida resumed its reign at the top of the nation’s foreclosure rankings in May, according to Irvine, Calif.-based RealtyTrac. In the Sunshine State, one in every 302 homes was in some...
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South Florida-based Beacon picks up properties in U.S. ‘pockets of opportunity’
Towers of Coral Springs In six months Beacon Investment Properties has spent half a billion dollars acquiring class A office space in U.S. “pockets of opportunity,” the Hallandale, Fla.-based company...
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$42M Palm Beach mansion sale bails out developer
Priciest publicly-listed Palm Beach property The $42 million sale of a mansion on “Billionaires Row” in Palm Beach resolves a bankruptcy case tied to luxury home developer Dan Swanson, the Daily...
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Tibor Hollo submits plans for mega Miami space
From left, Brickell Bay Dr. site and Miami developer Tibor Hollo Miami mega-developer Tibor Hollo is thinking big for his 2.5 acre bay front site at 1201 Brickell Bay Drive, exMiami reported. Hollo...
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Commercial property owners to raise funds to revitalize Miami’s Wynwood area
Miller Machinery & Supply Co. in Wynwood Commercial property owners in Miami’s emerging Wynwood neighborhood have formed a fundraising initiative to keep the streets clean and safe, the Miami...
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Boynton Beach shopping center finds a buyer
Quantum Village shopping center in Boynton Beach The Quantum Village shopping center in Boynton Beach has been sold to an Illinois-based rental management company RMS Properties, according to a release...
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Today’s priciest listing
3100 North Flagler Drive Today’s priciest new listing is a five-bedroom, six-bathroom single-family home asking $3.695 million. The 5,700-square-foot gated home is located at 3100 North Flagler Drive...
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Top stories
Top stories yesterday on The Real Deal: 1. Real estate consultant sounds condo warning 2. Developer: Miami ‘most attractive’ to foreigners 3. Tibor Hollo submits plans for mega Miami space
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SoFla pushes ahead with beachfront building despite rising ocean level
A storm over Miami South Floridians and New Yorkers refuse to stop building beachfront homes even though the ocean is rising rises, the Economist reported. Fort Lauderdale is still recovering from...
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Rosie O’Donnell says goodbye to Star Island
43 Star Island Dr. Rosie O’Donnell has sold her Star Island mansion for $16.5 million, $3 million below the original asking price, the New York Post reported. “Rosie sold the Star Island home because...
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Bal Harbour Shops founder takes show to Brickell
From left, Matthew Whitman Lazenby, Stanley Whitman and Randy Whitman At the age of 94, Stanley Whitman could reinvent luxury retail – again. Growing up during the Depression, Whitman, the owner and...
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Chris Bosh’s wife puts kibosh on moving talk
Chris and Adrienne Bosh Miami Heat center Chris Bosh’s wife has firmly put an end to speculation that the couple would move out of their North Bay Road home, the Sun Sentinel reported. Adrienne Bosh’s...
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