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Ronny Finvarb pays $19M for Citibank building in South Beach, plans hotel
News 21 hours ago
Ronny Finvarb pays $19M for Citibank building in South Beach, plans hotel

Developer Ronny Finvarb paid $19.2 million for a Citibank branch building in South Beach where he plans to build a 150-room hotel, sources told The...

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Virtual office company pays $16M for West Palm buildings
News 21 hours ago
Virtual office company pays $16M for West Palm buildings

A Denver-based virtual office firm just paid $15.75 million for a chunk of an office complex in West Palm Beach, property records show. Intelligent...

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Bitcoin investor lists Miami home for $6.5M, will accept Bitcoin
News 23 hours ago
Bitcoin investor lists Miami home for $6.5M, will accept Bitcoin

Do you take Bitcoin? Michael Komaransky, an early investor and advocate of the internet currency, is looking to sell his Miami mansion at 7350...

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Condo associations for two Collins Avenue towers sue to overturn 2016 property assessments
News 23 hours ago
Condo associations for two Collins Avenue towers sue to overturn 2016 property assessments

The assessment war between Miami-Dade Property Appraiser Pedro Garcia and the owners of prominent properties across the county rages on. In the...

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Real estate's top players to join The Real Deal in Shanghai this November
News 1 day ago
Real estate's top players to join The Real Deal in Shanghai this November

The Real Deal is gearing up for our most exciting U.S. Real Estate Showcase and Forum yet — and some of the industry's biggest names are joining us...

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Blackstone nabs $87M mortgage for Motel 6 properties in Broward
News 1 day ago
Blackstone nabs $87M mortgage for Motel 6 properties in Broward

The Blackstone Group is leaving the lights on at its Motel 6 properties in Broward County. Property records show the private equity giant closed on...

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Palm Beach Maritime Academy in Lantana sells for $7.2M
News 1 day ago
Palm Beach Maritime Academy in Lantana sells for $7.2M

Aventura-based firm ESJ Capital Partners, which invests in charter schools nationwide, just added another Florida charter school to its portfolio....

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Thomas Kramer's Star Island mansions head to court-ordered auction
News 1 day ago
Thomas Kramer's Star Island mansions head to court-ordered auction

German developer Thomas Kramer's two Star Island mansions are heading to the auction block next week over a $192.4 million judgment. The late...

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US housing starts dipped last month
News 1 day ago
US housing starts dipped last month

Housing starts across the United States fell last month, a slowdown that was driven by a drop in apartment construction, according to data released...

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CBRE takes over as top US I-sales brokerage for first time since 2013
News 1 day ago
CBRE takes over as top US I-sales brokerage for first time since 2013

CBRE took over the top spot as the country’s most active investment sales brokerage for the first time since 2013 as overall deal volume continued...

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Billionaire prices Palm Beach lots at up to $14.5M each
News 1 day ago
Billionaire prices Palm Beach lots at up to $14.5M each

It's been a year in the works but British insurance mogul Peter Wood, founder of Direct Line and Esure insurance companies, finally subdivided his...

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Waterfront residential lot in Fort Lauderdale sells for record $6.5M
News 1 day ago
Waterfront residential lot in Fort Lauderdale sells for record $6.5M

A waterfront lot in Fort Lauderdale sold for $6.5 million, marking a record for single-family land sales since 2015, property records show. Lay &...

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Mansion nightclub's former space on Washington Avenue for lease at $70k/month
News 2 days ago
Mansion nightclub's former space on Washington Avenue for lease at $70k/month

Mansion nightclub's former space on Washington Avenue in South Beach is on the market for lease at $70,000 a month or $840,000 a year, The Real...

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Homebuilder sentiment surges to three-month high
News 2 days ago
Homebuilder sentiment surges to three-month high

Homebuilder sentiment hit a three-month high this month, as builders remain buoyed by low-mortgage rates and a strengthening job market. According...

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Settlements for mortgage insurance kickbacks reach $39M in Florida, NJ
News 2 days ago
Settlements for mortgage insurance kickbacks reach $39M in Florida, NJ

A national class action suit accusing mortgage providers of taking kickbacks from residential insurers received preliminary approval in Miami last...

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Inside Brickell City Centre's Italian food hall, Estates at Acqualina & more
News 2 days ago
Inside Brickell City Centre's Italian food hall, Estates at Acqualina & more

The developers of Brickell City Centre, the Estates at Acqualina, Akoya Boca West and others just released a slew of new renderings. La Centrale...

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We're less than one month away from TRD's debut California event!
News 2 days ago
We're less than one month away from TRD's debut California event!

Tickets are on sale for The Real Deal's first-ever California Real Estate Showcase and Forum on Thursday, Sept. 14! Click to purchase tickets Our...

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Massachusetts firm pays $56M for Jupiter apartment complexes
News 2 days ago
Massachusetts firm pays $56M for Jupiter apartment complexes

Big ticket multifamily complexes keep trading in South Florida. Newton, Massachusetts-based Northland Investment Corp. just bought two sister...

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The week in luxury: A map of Miami-Dade’s priciest condo sales
News 2 days ago
The week in luxury: A map of Miami-Dade’s priciest condo sales

Condo sales fell drastically last week in Miami-Dade County. In Miami-Dade, 109 units sold last week for $38 million, a significant drop from the...

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Get US real estate news delivered to your inbox every week
News 2 days ago
Get US real estate news delivered to your inbox every week

The Real Deal's National Weekly Roundup features a mix of market analysis, breaking news, insider information and much more. It's the simplest way...

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How will retail bankruptcies impact CMBS and REITs?
News 2 days ago
How will retail bankruptcies impact CMBS and REITs?

Retailer bankruptcies are expected to only have a “limited” impact on CMBS loans and real estate investment trusts, according to Moody’s. The...

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Tuition? How about a condo too? Developers targeting FIU students and their parents for new condo project
News 2 days ago
Tuition? How about a condo too? Developers targeting FIU students and their parents for new condo project

Miami-based Global City Development is teaming up with two Canadian builders to bring 492 condos geared toward college students across the street...

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Right to work: Co-working giants battle each other over moniker
News 2 days ago
Right to work: Co-working giants battle each other over moniker

WeWork is taking on UrWork in London, claiming the Chinese rival is infringing on its trademarks. The shared-workspace behemoth filed a lawsuit in...

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Panorama's got competition: Solitair Brickell aims for November opening
News 2 days ago
Panorama's got competition: Solitair Brickell aims for November opening

After 12 years without a new high-rise apartment building, the Brickell neighborhood will welcome its first in November, Solitair Brickell....

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Tropical Villas, a 42-single-family home community, underway in Homestead
News 2 days ago
Tropical Villas, a 42-single-family home community, underway in Homestead

The building boom in Homestead continues with yet another developer announcing plans for a new single-family home community. The Miami-based...

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Keep your eyes peeled for TRD Miami's next issue, coming this September
News 2 days ago
Keep your eyes peeled for TRD Miami's next issue, coming this September

The Real Deal South Florida is pleased to announce the publication of our fall issue, which is set to hit newsstands this September! The fall issue...

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TSG Group pays $32M for Brickell development site
News 2 days ago
TSG Group pays $32M for Brickell development site

TSG Group just paid $31.75 million for a development site in Brickell. Chestnut Capital LLC, a company managed by Michael B. and Allison B. Smith,...

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Coral Gables aims to reimagine its downtown into a chic retail destination
News 3 days ago
Coral Gables aims to reimagine its downtown into a chic retail destination

Francesca Valdes is on a mission to reshape the retail mix in downtown Coral Gables. For the past 10 months, the former Tiffany & Co. spokesperson...

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Fannie and Freddie are quietly unloading more mortgage risk to bondholders
News 3 days ago
Fannie and Freddie are quietly unloading more mortgage risk to bondholders

Fannie Mae and Freddie Mac have built a trillion-dollar business insuring mortgages. But increasingly they are doing something entirely different:...

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Family of UK billionaire Mike Ashley buys Miami Beach home for $5.1M
News 3 days ago
Family of UK billionaire Mike Ashley buys Miami Beach home for $5.1M

A company tied to the family of U.K. billionaire Mike Ashley paid $5.1 million for a non-waterfront home on Miami Beach's La Gorce Island, property...

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