A group of investors just scored an $11 million mortgage on a strip of hotels and motels near Fort Lauderdale Beach, records show. Hollywood-based A&D Mortgage was the lender. The more
Florida
Miami-Area Hotels Escape Irma With Little Damage
“Most of the hotels I’ve been to never even lost electric,” said Steve Boucher, owner of the contracting company Boucher Brothers, which runs beach concession operations for the city of more
Homewood Suites by Hilton Sarasota Lakewood Ranch Opens
“This is an exciting time for Sarasota County as the destination recently experienced a record-breaking number of visitors from around the country looking for a relaxing Florida getaway,” said Jan more
He Built Four Trump Towers in South Florida, Now Billionaire Jorge M. Perez Eyes Tampa Bay
Perez was in Tampa on Wednesday for the official groundbreaking of Manor Riverwalk, Related’s 400-unit luxury apartment project where the Tampa Tribune once stood; and a visit to the site of more
Developer’s Plan for $100M Hotel Project in Sarasota Close to City Review
Sarasota’s Sandcastle Resort property in Lido Beach could be on the cusp of receiving a major upgrade. Ocean Properties Hotels & Resorts could seek approvals before the city commission as more
JW Marriott to Be Built at Orlando’s Bonnet Creek
Another JW Marriott hotel is coming to Orlando, and it will be built at Bonnet Creek, a resort development surrounded by the Walt Disney World Resort. Construction of the JW more
California REIT pays $175M for Oceans Edge Hotel and Marina in Stock Island
Sunstone Hotel Investors paid $1 million per room for the 175-room Stock Island resort, according to a press release. Developer Pritam Singh of Singh Co. opened the $25 million Ocean’s Edge more
Related Companies Buys Brickell Heights Retail Space For $12.2M
Related Group sold the 30,000 square foot retail space that was recently leased by Equinox along with the 6,000 square foot space that will soon be home to SoulCycle to more
Steinbrenner Family Sells Ocala Hotels
Three Ocala hotels owned by the Steinbrenner family were sold recently to a Canadian-based company for more than $30.7 million. Sold were the Courtyard by Marriott at 3712 SW 38th more
Which Local Zip Codes Are Among Florida’s Priciest?
The national property research company, PropertyShark, has released its list of Florida’s most expensive zip codes based on median sale prices, and—no surprise—seven are in our region. Anna Maria’s 34216 more
Mixed-use $380M Project on Miami River Near Health District Begins Construction
After a delay of nearly two years during litigation, the River Landing mixed-use project on the Miami River is moving ahead with construction. Located near Miami’s Health District, the project more
Wet and Wild: Miami’s $29.75 Million Oceanfront Jungle Oasis
Designed by the Brazilian architect Marcio Kogan of Studio MK-27, the property features raw materials such as concrete, wood, and stone. The two-story home’s exterior is made almost entirely from more
Foreign Buyers Snag Record $153B in U.S. Real Estate—and Not Where You’d Expect
International buyers purchased $153 billion worth of existing homes in the U.S. from April 2016 to March 2017—up 49% from the same period a year before, according to a recent National more
Exoskeleton Tower Rises in Downtown Miami : Video
One of last designs from the mind of late superstar architect Zaha Hadid is now rising in downtown Miami. An undulating exoskeleton and novel construction define the unusual condo tower. more
Calvin Klein Finally Sells Historic Miami Beach Home for $13M
Notorious fashion designer Calvin Klein finally found a buyer for his waterfront Miami Beach sanctuary, which just sold for $13.15 million. The historic 1920s home is located on North Bay more
Mast Capital, Angelo Gordon & Co. buy Conrad Brickell for $72M
Mast Capital and Angelo Gordon & Co. just paid $72 million for the Conrad Miami hotel on Brickell Avenue, sources told The Real Deal. The 203-key luxury hotel was on more
Blue Road Buys Redbury South Beach for $32M, Plans Expansion
Blue Road, led by principals Jorge Savloff and Marcelo Tenenbaum, will also manage the 69-room hotel, replacing Sbe, a spokesperson said. The Art Deco property at 1776 Collins Avenue sold for about more
Related at the Center of Federal Affordable Housing Investigation in South Florida
South Florida’s biggest developer is being investigated by the U.S. Attorney’s Office as part of an expanding probe into South Florida’s affordable housing industry. Federal authorities are looking into whether Related Group‘s affordable more
Jimmy Buffett’s Margaritaville-Themed Real Estate Empire Is Growing Quickly
Jimmy Buffett adores his fans as much as they adore him. So, when the music legend announced to his Parrotheads that he was currently building a string of Margaritaville-inspired active more
Toronto Firm Pays $33.2M for Boca Raton Shopping Center
New York-based Cohen Commercial Properties affiliate New Carteret Shopping Center Association sold Shoppes at Boca Greens, a 109,228-square-foot property at 19625 S State Road 7, for about $300 per square foot. Cohen bought the 15-acre shopping center in more