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Ex “Real Housewives” star loses Westwood Lake home to foreclosure
Karent Sierra Karent Sierra, who appeared on Bravo’s “Real Housewives of Miami,” has lost one of her two houses to foreclosure, Gossip Extra reported. The 1,200-square-foot house at 5750 SW 112 Avenue...
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Beckham close to announcing Miami franchise plans
Beckham in Miami in May David Beckham could be close to bringing a major league soccer franchise to Miami, New Times reported, citing press reports in the UK. When he retired from MLS last season,...
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The Closing: David Martin
David Martin David Martin, 35, is chief operating officer and a principal and co-founder, along with his father, Pedro Martin, of Terra Group. The development company has $2 billion worth of projects...
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More construction than government jobs lost in South Florida
More government jobs in South Florida are being lost than construction jobs, according an analysis of monthly job reports from the Miami Herald. Both sectors were two of the largest sources of...
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Whole Foods building in Miami sold for nearly $20M
Whole Foods and CBRE’s Dennis Carson A brand new building in North Miami that houses Whole Foods Market has been sold for $19.8 million, the South Florida Business Journal reported. A buyer known as...
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Today’s priciest listing: $3.8M
Las Olas Beach Club in Fort Lauderdale (Credit: Seaside Properties) Today’s priciest new listing is a three-bedroom, four-bathroom penthouse condominium at Las Olas Beach Club asking $3.795 million....
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Top stories
Top stories over the weekend on The Real Deal: 1. Beckham close to announcing Miami franchise plans 2. The Closing: David Martin 3. Versace mansion will be auctioned Sept. 17
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SEC charges Miami with securities fraud
The Securities and Exchange Commission has charged the city of Miami and its former budget director with securities fraud, saying it misled investors about its financial health in order to gain better...
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Extended Stay hotel chain to offer IPO
Staybridge Suites, an Extended Stay hotel located at 340 West 40th Street From the New York site: Extended Stay America filed plans for an initial public offering Monday, signifying a quick turnaround...
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Broward home prices spike with inventory shortage
Fort Lauderdale Home sellers in Broward County are happy campers: Sales are up and so are prices from last summer, housing numbers show. In June, sales of single-family homes increased 3.4 percent to...
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Pérez puts price tag of Watson Island at $1B
Watson Island Remaking Miami’s Watson Island is worth spending at least $1 billion, developer Jorge Pérez told the city. Pérez, who heads Related Group, told commissioners that he and his partners are...
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Expired listings creating tension between SoFla brokers and buyers
Michael Citron In South Florida’s hot housing market, expired listings aren’t a little thing to buyers. They’re a big deal — and they’re creating major headaches for brokers. Savvy house hunters are...
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Dezer close to owning Solis project in Sunny Isles
Solis Resort Spa & Residences Condominium developer Gil Dezer is inching closer to ownership of the Solis Resort Spa & Residences in Sunny Isles Beach. He told the Sunny Isles commission...
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Hollywood developers get $35M construction loan
Margaritaville rendering The developers of the Margaritaville Hollywood Beach Resort received a $35 million construction loan to move the $147 million project ahead, Daily Business Review reported....
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Today’s priciest listing: $8.7M
6440 North Bay Road in Miami Beach Today’s priciest new listing is a five-bedroom, 4.5-bathroom single-family home asking $8.7 million. The 7,804-square-foot home is located at 6440 North Bay Road in...
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Top stories
Top stories yesterday on The Real Deal: 1. Hollywood developers get $35M construction loan 2. Pérez puts price tag of Watson Island at $1B 3. Expired listings creating tension between SoFla brokers and...
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Purchases fell as home prices soared in June
Patrick Newport Sales of existing homes unexpectedly dropped nationwide in June as demand outstripped supply and mortgage rates rose, Bloomberg reported. “We’re not expecting really strong numbers for...
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Former home of MiMo godfather sells for $1.3M
Terrace Towers at Belle Isle; unit interior A bayfront Miami Beach duplex once owned and inhabited by famed Miami Modern architect, the late Morris Lapidus, has sold for $1.3 million, according to the...
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Veteran brokers set up commercial properties acquisitions firm
From left: Stephen Rigl, Isabel Fine and Daniel Zelonker A trio of veteran South Florida real estate brokers teamed up to form Real Miami Commercial Real Estate, the South Florida Business Journal...
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Tour through Versace mansion ahead of auction
Versace Mansion in South Beach UPDATED, 6:30 p.m., July 23: Italian frescoes. Moroccan mosaics. A guest bathroom outfitted for Madonna. The gold leaf lining the swimming pool. As a longtime South Beach...
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