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Today’s priciest listing: $5.5M
Murano Grande at Portofino pool Today’s priciest listing is a three-bedroom, 4.5-bathroom condominium at Murano Grande at Portofino asking $5.5 million. The 3,979-square-foot home is located at 400...
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Top stories
Top stories yesterday on The Real Deal: 1. Villa Fendi sells for record-breaking $14M 2. Q&A with Fortune Intl.’s Edgardo Defortuna 3. Dwyane Wade basks in championship at Vizcayne
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U.S. home prices gaining, index shows
David M. Blitzer South Florida home prices increased in April for a 16th consecutive month as the U.S. saw gains nationwide, according to the S&P/Case-Shiller home price index. The index covering...
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Miami Beach considers more rules for single-family home construction
Dora Puig For a third time in a decade, Miami Beach is considering beefing up guidelines for single-family home construction, riling some developers, architects and brokers in an attempt to balance...
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Bill Gates buys in Palm Beach horse country
From left, Jennifer, Bill and Melinda Gates and Wellington home After shelling out $1.1 million on rent in the horse-centered village of Wellington in Palm Beach County, Microsoft founder Bill Gates...
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U.S. Supreme Court ruling on property rights a major win for real estate...
Coy Koontz, Jr. From the New York site: The U.S. Supreme Court today ruled in favor of a Florida landowner in a case that could have widespread ramifications for property developers challenging state...
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Brazil’s shaky economy could hit real estate
Miami homage Brazil, an important source of the cash that has fueled South Florida’s real estate recovery, could soon play a different role – the cooler, CNBC reported. With stocks and fortunes...
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Lake Worth attorney McCabe sued for sham Iraqi Dinar deal
Attorney Timothy McCabe, Iraqi Dinar Lake Worth attorney Timothy McCabe, who was accused of pilfering client funds to pay his own mortgage, was holding 50 million Iraqi Dinars for a corporate client,...
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Leases at 3.6M sf of South Florida commercial properties expiring shortly
Waterway Shoppes II in Weston and Mitch’s Westside Bagels, the property’s largest tenants Over the next 12 months, over 3.6 million square feet of leases in South Florida commercial properties are set...
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Today’s priciest listing: $4.995M
A rendering of 341 Royal Plaza Drive in Fort Lauderdale Today’s priciest listing is a planned six-bedroom, six-bathroom single-family house asking $4.995 million. The 6,610-square-foot home will be...
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Top stories
Top stories yesterday on The Real Deal: 1. Q&A with Fortune Intl.’s Edgardo Defortuna 2. Miami Beach considers more rules for single-family home construction 3. Bill Gates buys in Palm Beach horse...
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Miami’s most highly-anticipated hotels
From left, renderings of the Lenox Hotel; archive of Saxony Hotel; The Redbury in Hollywood The majority of the Miami area’s most anticipated hotels are in Miami Beach, according to Curbed. Top of the...
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Judge to rule on offer for indebted Brickell properties next month
Rendering of Beacon at Brickell Village A Miami-Dade bankruptcy judge will decide at a hearing July 10 whether Crystal Tower, an LLC managed by Miami investor Omar Botero, can buy a foreclosed piece of...
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Robo-signing boss gets 5-year jail sentence
Lorraine Brown The founder of a mortgage servicing firm was sentenced to five years in prison Tuesday for her role in a Florida robo-signing scheme, the Palm Beach Post reported. Lorraine Brown, 56,...
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Prospect Capital invests $76.5M in the Resort
From left: the Resort and Bart J. de Bie Publicly-traded business development company Prospect Capital Corporation closed on a $76.5 million investment in the Resort, a multi-family residential complex...
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Court moves ahead with Scott Rothstein case over Versace mansion
Scott Rothstein and Casa Casuarina The trustee in charge of the liquidation of lawyer Scott Rothstein’s firm could not halt a Florida state court case over the former South Beach home of the late...
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Chelsea tower project gets redesign
Chelsea tower rendering The proposed 52-story Chelsea tower’s owner plans to revamp the project, exMiami reported. The mixed-use building at 1550 Biscayne Boulevard is now slated to contain 15 floors...
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Today’s priciest listing: $2.6M
Canyon Ranch South Today’s priciest listing is a three-bedroom, 3.5-bathroom condominium at Canyon Ranch South asking $2.6 million. The 2,165-square-feet home is located 6799 Collins Avenue, unit 404,...
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Top stories
Top stories yesterday on The Real Deal: 1. Miami joint venture buys Chicago’s Hancock tower 2. Miami’s most highly-anticipated hotels 3. Bill Gates buys in Palm Beach horse country
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Miami investors lead group buy of Chicago’s Hancock tower
John Hancock tower; inset: Zac Gruber UPDATED, 9:55 a.m., June 28: A joint venture between Lynd, a commercial real estate investment fund, and Florida Value Partners, a Miami Lakes-based private equity...
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