Real Estate News
South Florida's multifamily investment boom continues with another big-dollar buy: A Tamarac apartment complex traded for $27 million.
The Blackstone Group just purchased a $117 million apartment complex in North Miami.
A Marcus & Millichap team has found a sweet spot in today's retail market: Wendy's restaurants.
Could South Florida be the next food and beverage manufacturing hub?
Coral Gables' most expensive home sale in four years just closed.
Palm Beach Circuit Judge Catherine Brunson certified a class alleging The Gardens of Boca Raton defrauded Jewish clients who purchased burial space.
A two-office portfolio near Miami Beach's famed Lincoln Road doubles in price after a 12-year hold.
Robert Given, a top-producing broker tied to South Florida's multimillion-dollar apartment deals, joins Cushman & Wakefield after 13 years with CBRE.
Wells Fargo Bank triumphs in a foreclosure appeal despite a predecessor lender's alleged fraudulent loan documents.
Lucas Games spent years fighting its landlord after a legislative change forced it out of business.
Miami-Dade County's housing market has chilled, yet prices continue ticking up.
The Fort Lauderdale-based law firm leases a 5,000-square-foot space in the Regions Bank Tower for eight attorneys.
Broward County's constrained industrial market is attracting both developers and investors looking to cash in on its rising lease rates.
Ocean Bank's Juan Carlos Barreto negotiates a loan that will help transform a Margate shopping center into two charter schools.
A defendant in a Palm Beach County foreclosure suit accused Bank of America of forcing her into foreclosure by inflating premiums on lender-placed insurance.
Billionaire Russ Weiner pockets a luxe $20 million waterfront home on Biscayne Bay.
The $21.2 million Plaza Building sale is worth $860 per square foot.
A Chicago developer secures the $22.6 million loan to finance construction of a two-building industrial project at I-95 and Sunrise Boulevard.
Good news for condo associations: A new ruling clears the way to bring foreclosure suits, despite pending liens from lenders.
The Fourth DCA declined to grant a writ of mandamus over allegations of a faulty foreclosure complaint and missing certification.
Miami-based Christopher Apone and Charles Foschini with CBRE Inc. represented a Miami fund in nabbing a $34.5 million loan for new apartments in Texas.
A lobby bar. No offices. Lounges and cafes. Hoping to update their staid image and dodge pricey leases, South Florida's law firms are chasing a contemporary look.
Palm Beach Circuit Judge Jeffrey Gillen has declined a motion to wipe out four years' worth of court filings in a messy real estate business dispute.
Attorneys for property owners, developers and businesses offer best practices for avoiding litigation after a storm.
The multifamily sector is carrying the national and South Florida commercial real estate markets forward.
American hospitality giant Starwood began managing a hotel owned by the Cuban military on Tuesday, opening one of the biggest holes in the U.S. trade embargo on Cuba since Presidents Barack Obama and Raul Castro declared detente in December 2014.
Prominent Miami litigator Ramon E. Rasco is pressing a lawsuit about a six-figure membership at the ritzy Fisher Island Club.
Retail is hot on the nation's "Cool Streets." Think Miami's Wynwood and Miami Beach's South of Fifth, Cushman and Wakefield says in its subjective assessment of what is millennial cool.
Miami City Commissioners backed a resolution aiming to speed up the city's sluggish building-permit review process.
When it's Miami versus London, the South Florida city is now the safer option for deep-pocketed real estate investors. While the Brexit may deter Europeans from purchasing Miami real estate, international investors may fill that gap.
Moishe Mana's 20-plus acre plan for Miami's Wynwood neighborhood gained preliminary approval Thursday night.
The Edwards Cos. buys land needed for its nine-acre Atlantic Crossing development, but the Ohio-based builder is still caught up in litigation with Delray Beach on project approval.
The 360-unit Arbor Oaks complex sells for $214,000 per unit to a Los Angeles-based real estate holding company.
Ransom Everglades School pockets the neighboring La Brisa estate for $34.6 million, the priciest home sale ever recorded in Miami's Coconut Grove.
Lennar delivered more homes and at higher prices during its second quarter, exceeding expectations that Wall Street had for the nation's second-largest homebuilder.
City Commissioner Francis Suarez offers a resolution to study the lag in the building permit review, which developers say is is curbing small-scale development.
The 19-story Sabbia Beach has secured a $45 million construction loan from Ocean Bank.
The Third District Court of Appeal called for a rule change on certiorari jurisdiction after a case involving a contract dispute in a real estate deal.
Colliers International South Florida has been tapped to market the historic Flagler Street building, which was the first Walgreens store ever built in Florida.
The 55-story tower and 15-story garage being offered by JPMorgan Chase is expected to trade for north of $645 million.
When the retail chain closes its doors, hundreds of stores in the U.S. may go dark — and stay dark. But brokers say prospects for new tenants in South Florida are good because of the high-profile locations.
Boca Raton's Emerald Bay Club Apartments — now rebranded as the Alister Boca Raton — goes for $158,000 per unit.
A former chief judge is accused of abusing his prior position to secure inappropriate sanctions against opposing counsel.
CEO and founder of Metro 1 tells GlobeSt.com that we can expect to see many more adaptive reuse projects of defunct or functionally obsolescent retail projects being redeveloped and adapted to uses that serve current demand.
Residential closings dipped 25 percent in Miami-Dade and 5 percent in Broward in the first quarter.
Antonio "Tony" Martinez retires from Shutts & Bowen after 52 years. He speaks about the changes he's witnessed since his first day at the firm.
The Fourth District Court of Appeal is tired of talking about standing in foreclosure cases after doing it more than 80 times since the housing crash.
A Miami attorney and Related Group executive were targeted in a private investigation involving a high-profile real estate development, which prompted an outside investigation by the college.
Home flippers remain active in South Florida and show no sign of cooling off, RealtyTrac reports.
Two former Greenberg Traurig real estate attorneys have opened Casareale & Partners.
The Viceroy in the Icon Brickell complex sells for $436,000 per room.
Gym operator Orangetheory Fitness spends $193 per square foot at the Arvida Park of Commerce.
Swire Properties pockets a 7,500-square-foot site near its transformative Brickell City Centre project, hinting at the Hong Kong-based developer's future expansion.
Rodney Barreto, head of the South Florida Super Bowl Host Committee, is at the center of a new foreclosure suit by the Doral-based U.S. Century Bank.
The former defenseman wants to sell his seven-bedroom mansion in a gated Heron Bay neighborhood.
Miami developer CFH Group sells the 318-unit Sunset Palms complex for $121,000 per unit.
McCalla Raymer, with offices in Fort Lauderdale and Orlando, is merging with Chicago-bsed Pierce & Associates.
The Suniland Shopping Center in Pinecrest trades for $811 per square foot.
Don't know who your neighbor is? There's an app for that. Property Markets Group secures an $80 million construction loan that'll fuel a technology-driven apartment tower in downtown Miami.
Ocwen says it's been vindicated by a third-party investigation into allegations from institutional investors led by Wells Fargo.
Salazar Jackson co-founder Linda Worton Jackson pilots two financing deals for Fort Lauderdale-based aviation training company Avenger Flight Group.
The winning bidder who thought he purchased one waterfront mansion found out he was on the hook for two at double his $6.2 million offer. It didn't end well.
The value of South Florida construction starts plunged in April compared with the month before and the same period last year.
Nearly two-thirds of the revenue generated via Airbnb in Miami comes from hosts listing multiple units at once.
Moves by institutional investors into multifamily and other commercial ventures in Broward County illustrate the attraction.
MDM Development Group's hotel and expo center project secures a $115 million subsidy commitment from Miami officials.
Giant Japanese conglomerate Sumitomo Corp. purchased the Miami Tower in an agreement that will most likely lead to the sale of the iconic downtown property.
Robert Dockerty of Dockerty Romer represents the buyer on the purchase while raising $50 million in financing.
The Fort Lauderdale federal courthouse needs plenty of repairs, but there's no space for a new one in downtown Fort Lauderdale, according to a new government report.
A panel of EB-5 experts discusses the legislative hurdles faced by the cash-for-visa program amid heightened federal scrutiny.
City officials are considering new rules for waterfront development following repeated tide-driven flooding.
A Miami garage wins a top prize in an international architectural contest. Check out the City View Garage.
Fancy rentals dominate the nation's — and South Florida's — new multifamily arena.
Fort Lauderdale lawyers guide the purchase of the 352-unit Barcelona Jupiter luxury complex.
A Connecticut investor buys the five-building Waterford at Blue Lagoon Business Park for $191 per square foot and gets $50 million in financing.
Lyle Chariff reinvents an "unbuildable" lot in Miami's Design District for $13 million after crossing a number of redevlopment hurdles in three years.
Not a bad binge. "The Jills" make about $850,500 in commissions on four Fisher Island real estate deals.
Statewide industrial vacancies dropped below 6 percent in the first quarter for the first time since 2006.
Amid a luxury housing market slowdown, Miami real estate professionals say economic factors have more effect than new federal scrutiny.