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Lionheart puts Ritz-Carlton oceanfront condo package on the block
Ritz-Carlton Residences A half-dozen oceanfront condominiums on Singer Island are being offered up as a package by Lionheart Capital, a Miami-based private equity firm, the Sun-Sentinel reported. The...
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Richard Meier shows off designs for expansion of Surf Club in Miami
Rendering of Surf Club expansion (Inset: Richard Meier) Starchitect Richard Meier has unveiled designs for the expansion of the Mediterranean-style 1930s-era social club known as Surf Club, Curbed...
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Broward’s median home price holds strong with 23 percent year-over-year rise
Fort Lauderdale (Credit: World Property Channel) Broward County is seeing a year-over-year surge in median home prices in June, the seventh straight month of a jump of more than 20 percent, the Sun...
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Today’s priciest listing: $6.5M
Today’s priciest new listing is a six-bedroom, seven-bathroom single-family home asking $6.5 million. The 7,594-square-foot home is located at 5020 Southwest 86th Street in Miami. No description of the...
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Top stories
Top stories yesterday on The Real Deal: 1. Pérez puts price tag of Watson Island at $1B 2. Hollywood developers get $35M construction loan 3. Richard Meier shows off designs for expansion of Surf Club...
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Karim Alibhai acquires Ritz-Carlton Ft. Lauderdale
Karim Alibhai Miami-based investor Karim Alibhai partnered with Invesco acquired the Ritz-Carlton Fort Lauderdale for nearly $66 million, Daily Business Review reported, citing Broward County records....
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Related’s Watson Island plans include water taxis
Proposed water taxi Island Gardens, the three million-square-foot development Related Group plans for Watson Island, will be reachable by car or bike — or water taxi, exMiami reported. Related’s more...
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Florida Association of Realtors: housing market ‘trending up’
Florida’s housing market continued growing in June, with a higher numbers of sales, more listings and reduced inventories, the Florida Association of Realtors says in a report released this week....
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Beachy 51-story condo planned for Edgewater
Biscayne Beach It was a Tuesday night in midsummer and yet women had to totter up the traffic-clogged road as valets leisurely worked the Terra Veritatis, the private Miami Beach residence of...
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Shane Battier buys $3.22M home in Coral Gables
Shane Battier Miami Heat starter Shane Battier scored a new house in Coral Gables, Gossip Extra reported. The 34-year-old Battier purchased a 1926 colonial-style home near the 15th hole of the Riviera...
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Morris Lapidus’ former home in Miami Beach sells for $1.3M
Left: Morris Lapidus, Terrace Towers at Belle Isle and unit interior A Miami Beach duplex that just sold for $1.3 million looks nothing like it did when it was the lavishly decorated home of late...
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American Tennis Association to build training center in Fort Lauderdale’s...
From left: American Tennis Association and Sistrunk Boulevard The nation’s oldest black amateur tennis association has settled on a historically black neighborhood of Fort Lauderdale for its first...
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Today’s priciest listing: $5.4M
1720 Sabal Palm Drive in Boca Raton Today’s priciest listing is a five-bedroom, six-bathroom single-family home asking $5.395 million. The 7,246-square-foot house is located at 1720 Sabal Palm Drive in...
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Top stories
Top stories yesterday on The Real Deal: 1. Beachy 51-story condo planned for Edgewater 2. Richard Meier shows off designs for expansion of Surf Club in Miami 3. Karim Alibhai acquires Ritz-Carlton Ft....
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S. Florida ranks poorly in site’s recovery report
Nicole Selvaggi South Florida ranks near last in Homes.com’s list of real estate recoveries across the country, the Miami Herald reported. Comparing metropolitan areas’ rebound in home prices to the...
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PH sales pinched as overseas buyers slow spree
Proposed luxury condo tower in Miami Penthouse sales have been pinched as the overseas wealthy slow purchases of U.S. real estate, CNBC reported. Slowing economies in China and Brazil pose particular...
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Condo developers racing to build in S. Florida
Downtown Miami (inset: Peter Zalewski) Condo developers have been on a tear, proposing an average 1,000 new units per month since October 2012, Condo Vultures consultant Peter Zalewski wrote in the...
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Ohio REIT buys Doral West community
Doral West A gated luxury rental community on 22 acres in Doral sold for an undisclosed price to Associated Estates, a real estate investment trust based in Richmond Heights, Ohio, CBRE, the seller’s...
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PMG pilots 100-pct commission at contract to entice brokers to sell...
Craig Studnicky of ISG and a symbolic check At Echo Aventura, a luxury 190-unit condo tower whose conceptual architect is Uruguay native Carlos Ott, developer Property Markets Group is paying brokers...
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Fontainebleau’s $51M shopping center project breaks ground with new owner
Fontainebleau Square rendering Less than two weeks after acquiring Fontainebleau Square, Jacksonville-based Regency Centers Corp. has launched construction for a $51 million retail project, the Daily...
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