Real Estate News

John Metzger, left, and Raul Valero of McDonald Hopkins

McDonald Hopkins Team Engineers $27 Million Polo Sale

By Carla Vianna |

John Metzger and Raul Valero represent the seller of the 100-acre Wellington polo training facility.

Herman J. Russomano III, of Russomanno & Borrello

New Trial for Plaintiff After Juror Lies About Litigation

By Samantha Joseph |

A juror's failure to reveal her litigation history led to a new trial for a plaintiff in a $12 million real estate dispute.

4141 N. Miami Ave., Miami

Lawsuit Claims Seller Hid Pending Historic Designation for Miami Church

By Carla Vianna |

Everything pointed to a great deal--until Remy Jacobson's purchase received a historic designation for its Miami Modern style.

Steven McCraney, president and CEO of McCraney Property Co.

Industrial Builder See Big Future in E-Commerce

By Carla Vianna |

West Palm Beach-based McCraney Property Co. is making way for big-box users by selling and refinancing its existing legacy assets.

Joseph G. Goldstein, Holland & Knight, Miami

Developers Back Voluntary Housing Revision Over Mandatory Plan

By Carla Vianna |

The development community joins forces against a proposed Miami-Dade County rule that would make affordable units mandatory in new multifamily projects.

A logo sign outside of an office building occupied by home builder Lennar Corp. in Columbia, Maryland, on Jan. 2, 2016.

Lennar, WCI Join to Create Powerhouse Florida Homebuilder

By Brooke Sutherland |

Miami-based Lennar is offering a cash-and-stock deal for Bonita Springs-based WCI, but there's room for competing offers.

August Home Sales Set Miami-Dade Record

By Carla Vianna |

Single-family home sales beat the record set in 1994.

Panelists from left: Scott Moss of Moss & Associates, William Hamilton of Winthrop Management, Casey Cummings of Ram Realty Services, Art Falcone of Falcone Group and Julien Haccoun of Steinmauer Group.

Multifamily Forecast: Stormy or Calm Seas?

By Carla Vianna |

Multifamily developers in South Florida see lender pullback on the condo front along with institutional interest in apartments.

 8989 Okeechobee Blvd.

Appeals Court Rules Against Publix, Town in Zoning Case

By Celia Ampel |

An appellate court ruled against Publix and Cutler Bay in a zoning dispute that began as a landlord-tenant spat.

Bridge Point Crossing West.

PAS Cargo Moving to New Digs in Hialeah Gardens

By Carla Vianna |

A Chicago-based developer inks its fourth big lease at newly completed South Florida properties.

Barry Wolfe, left, and Alan Lipsky, right.

Brokers Find Retail Interest Years After Initial Coral Springs Listing

By Carla Vianna |

Marcus & Millichap's Barry Wolfe and Alan Lipsky close a $17.7 million deal years after the Plaza at Coral Springs was initially brought to market.

City Attorney Victoria Mendez.

Five-Home Miami Development Puts City Attorney on Hot Seat

By Carla Vianna |

Miami city commissioners are set to vote on hiring a private attorney to investigate accusations against City Attorney Victoria Mendez over a planning issue.

401 E. Las Olas, Fort Lauderdale

Downtown Fort Lauderdale Office Sale Closes at $220 Million

By Carla Vianna |

The sale of the Bank of America Plaza solidifies Fort Lauderdale's attractiveness as an commercial real estate investment hub.

Mika Mattingly.

Broker Mines Downtown Miami for Hidden Deals

By Carla Vianna |

Behind every deal New York developer Moishe Mana closed in downtown Miami, you'll find Mika Mattingly. The real estate agent has become the go-to dealmaker for developers looking to revive downtown property.

Alan R. Kebler of JLL.

Real Estate Brokerages Meet and Adopt Tech They Like

By Carla Vianna |

Commercial brokerages are ending the disconnect between real estate and technology.

John W. Dohm, Infinity Commercial Real Estate.

Real Estate Industry Reimagines South Florida With Driverless Cars

By Carla Vianna |

But are South Florida's commercial real estate developers ready for autonomous vehicles?

Downtown Fort Lauderdale Attracting New Office Concepts, Tech Tenants

By Jennifer LeClaire |

Downtown Fort Lauderdale is seeing the rise of a new alternative workspace concept with Pipeline Workspaces opening its fifth location and attracting tech tenants.

Marc Shuster, left, and Robert Barron of the Berger Singerman law firm.

South Florida Attorneys Help Land $247 Million Loan for PortMiami Terminal

By John Lantigua |

The loan covers terminal construction for Royal Caribbean Cruises under a lease with port owner Miami-Dade County.

Tech Companies Need Power, AC and Games

By Mary Welch |

Taking their cues from millennials, tech companies in South Florida are searching for infrastructure and a little fun.

Thor Offering 2 Acres in Miami's Wynwood After a Year Hold

By Carla Vianna |

Thor Equities wants to cash out on 2.5 acres in the busy Wynwood market.

Courvoisier Courts condominium at 701 Brickell Key Blvd, Miami.

Miami Condo Manager Claims Retaliatory Firing

By Carla Vianna |

KW Property Management — one of the largest property management companies in the state — is facing a Miami whistleblower lawsuit and disgruntled residents in another tower it manages.

276 NW 27th Terrace, Miami ; 235 NW 27th St., Miam

Goldman Sells Miami Acre for $31 Million

By Carla Vianna |

A block of land changes hands in the Wynwood neighborhood for $565 per square foot.

Moishe Mana.

Sprawling 25-Acre Mana Wynwood Project Gets Go-Ahead

By Carla Vianna |

The Miami City Commission backs a redevelopment project expected to bring homes and commercial, arts and park space.

The W Miami Hotel, formerly the Viceroy Hotel.

Middle Eastern Buyers Investing in Miami Area

By Carla Vianna |

Miami was the fifth most sought-after U.S. real estate market for Middle Eastern investors in 2015 and the first half of this year.

Boris Kozolchyk.

Brokers Represent Both Sides in Sale of Downtown Landmark

By Carla Vianna |

Two brokers with Colliers International South Florida facilitated the trade of a 91-year-old Miami property to acquisitive developer Moishe Mana.

Metropica Development.

Metropica Looking for EB-5 Dollars in Sunrise

By Carla Vianna |

The 65-acre development near Sawgrass Mills hopes to fuel construction with foreign money from the EB-5 visa investment program.

Hampton Inn & Suites by Hilton at 101 SE First Ave., Gainesville.

Miami Company Buys Gainesville Hotel for $27 Million

By Carla Vianna |

Key International nabs a downtown Gainesville hotel near the University of Florida for $218,000 a room.

Skanska USA project executive Andy Allen standing at the Frost Museum construction site in Downtown Miami.

Construction Is Booming, But Labor Supply Isn't

By Carla Vianna |

South Florida's construction boom is alive and well — but the region is facing a notable labor shortage.

Craig Studnicky.

South Florida Pushing for Chinese Real Estate Buyers

By Carla Vianna |

South Florida's real estate and business sectors have sparked curiosity in China: A group of 18 top Chinese real estate agents flew to Miami to visit several developments.

Brickell City Centre rendering

Swire Creates Magazine for Its Brickell City Centre

By Carla Vianna |

What more could a sprawling new urban center need? The developer behind Miami's Brickell City Centre decides a luxury lifestyle magazine is the answer.

Kirk Olson, left, and Drew Kristol, right.

Brokers Generate $10 Million Gain on Three-Year Hold

By Carla Vianna |

Marcus & Millichap's Kirk Olson and Drew Kristol help their client hit a real estate "home run" with an $18 million suburban retail deal.

$15M Retail Condo Deal Meets Exchange Deadline

By Carla Vianna |

Marcos Puente with Colliers International South Florida successfully brokers a 1031 exchange involving an off-market retail condos in downtown Miami.

Turtle Cove Apartment Homes, 888 Cotton Bay Dr. West, West Palm Beach, Fla.

3 West Palm Beach Complexes Sell for Combined $144 Million

By Carla Vianna |

West Palm Beach sees more than 1,000 apartment units trade in three big-dollar deals within a week.

Development Decisions Trigger Miami Initiative on Right to Sue

By Carla Vianna |

If passed, a question on the November ballot would grant citizens standing to sue the city of Miami if it violates its own charter.

The panel included, from left to right, Al Dotson of Bilzin Sumberg, Maria Juncadella of Fairchild Partners, Mayanne Downs of GrayRobinson, Barbara Black of JLL and Florida Bar President Bill Schifino.

Panel Sees Gender Bias in Law, Real Estate Industries

By Carla Vianna |

Legal and real estate professionals discuss the issues surrounding the steep gender gap found in both industries.

Motion at Dadeland is a 294-unit apartment project near the Dadeland North Metrorail station. Rendering.

Dadeland Apartments Get $50 Million Construction Loan

By Carla Vianna |

A joint venture spearheading Miami's transit-oriented development trend secures a $50 million loan for an apartment project near the Dadeland North Metrorail station.

Jay Bailyn.

Broker Lands Related for 30-Acre Royal Palm Beach Parcel

By Carla Vianna |

Boca Raton broker Jay Bailyn successfully procures $12.5 million for the vacant land in Palm Beach County.

Comerica Building

Lauderdale Tower Sells for $46 Million

By Carla Vianna |

The Plaza 100 office tower trades for $141 per square foot.

New Grove Condo Is First in a Decade — With a Twist

By Carla Vianna |

Miami's Coconut Grove neighborhood welcomes its first new luxury condo complex in 10 years.

David Podein, partner at Haber Slade in Miami. Courtesy photo.

Attorneys to Condo Associations: Zika Litigation Won't Bite

By Samantha Joseph |

What are condo associations, homeowners' associations and other multifamily boards to do as Zika spreads across South Florida? Not too much, say real estate attorneys, who caution against creating liability where none exists.

Cushman & Wakefield Acquires Taylor & Mathis

By Carla Vianna |

Cushman & Wakefield acquired Taylor & Mathis of Florida, a commercial real estate company focused on agency leasing and property management.

Terrorism Turning French Tourists Into Florida Real Estate Buyers

By Carla Vianna |

In light of terrorist attacks and political unrest at home, French buyers are searching for more permanent homes in South Florida.

Miami Green

Gables Office Sells for $39 Million

By Carla Vianna |

The 13-story Miami Green trades for $338 per square foot.

Ryan Bailine, left, and Nancy Lash, right.

Public-Private Partnership Leads to Transit Land Lease

By Carla Vianna |

Greenberg Traurig attorneys Ryan Bailine and Nancy Lash negotiate a $40 million ground lease and development agreement for a major transit-oriented project in Miami-Dade County.

Credit: ApartmentGuide.com

Tamarac Apartments Sell for $22 Million

By Carla Vianna |

The buyer obtains 222 of 291 units at Jasmine at Tamarac, which went through a condo conversion in 2006.

Bank of New York Mellon headquarters

Foreclosure Case Tips to Borrower on Service of Process

By Samantha Joseph |

The Bank of New York Mellon came out on the losing side of a foreclosure case over its strategy after five failed attempts to serve court papers on a corporate borrower.

Gale Residences.

Newgard Gets $36M Loan for Lauderdale Bayfront Condos

By Carla Vianna |

The loan will fuel construction of the Gale Residences near Fort Lauderdale beach, a 12-story luxury tower being developed by Miami's Newgard Development Group.

The Melody Tower.

Apartment Construction to Hold Down Miami Rents

By Carla Vianna |

Miami's Downtown Development Authority sees an easing of apartment rental rates after years of increases.

From left to right: Arthur J. Dichter, Partner; Grace C. Lopez, COO; Sarah B. Jacobson, Associate; Steven L. Cantor, Managing Partner; Kathryn von Matthiessen, Partner; Sharon Dresser, President High Street Retail ,USA; Paul J. D’Alessandro, Jr., Associate

Cantor Law Firm Moves Miami Office

By Carla Vianna |

The Cantor Group law firm has ditched Miami's Brickell Financial District for Coconut Grove.

Moishe Mana.

Real Estate Billionaire Moishe Mana Offers $2 Million for Trump Tax Returns

By Carla Vianna |

An Israeli-born real estate developer offers a $2 million donation to charity if Republican presidential nominee Donald Trump coughs up his tax returns.

Marquis Bank Officer Arranges Loan for Dadeland Office

By Carla Vianna |

David DiMuro arranges the closing of an $8.5 million loan to finance the purchase of an office property slated for redevelopment by the Tate family.

7108 Fairway Drive, Palm Beach Gardens.

JPMorgan Arm Sells Palm Beach Gardens Offices for Big Loss

By Carla Vianna |

J.P. Morgan Asset Management sells the Fairway Office Center for $52.5 million.

3621 Collins Ave., Miami Beach.

Judge Rules Against Beach Condo Board That Balked

By Carla Vianna |

The redevelopment of a rundown Miami Beach property caught in litigation for four years may finally come to fruition.

Soleste West Gables. Handout Photo.

West Miami Apartment Complex Sells for $57 Million

By Carla Vianna |

A Chicago-based real estate investor nabs a 206-unit apartment community in West Miami for $278,000 per unit.

The Palms at Town & Country.

Weingarten Pours $285 Million Into West Kendall Mall

By Carla Vianna |

The open-air Palms at Town & Country is sold by TIAA after a major expansion.

Miami Foreclosure Case Reversed, Remanded to New Judge by Appeals Court

By Samantha Joseph |

A judge's decision to strike years of pleadings by a witness suspected of lying during a foreclosure bench trial led to a reversal on appeal.

Fort Lauderdale's BFC to Take Full Control of BBX

By Staff report |

Acting chairman and CEO Jarett S. Levan says the merger will simplify BFC Financial's corporate structure and streamline the real estate companies.

Condominium towers in Downtown Miami.

Feds Expand Luxury Real Estate Sale Reporting Requirements

By Carla Vianna |

Six regions of the U.S. face federal scrutiny into luxury cash real estate deals as a cover for money laundering, the Treasury Department announces.

200 N Miami Ave.

'New Thinking' Behind 49-Story Miami Tower With Tiny Units

By Carla Vianna |

Micro-living in 400-square-foot units — brought to you by developer Moishe Mana — is making its way into downtown Miami.

7790 NW 78th Ave., Tamarac, FL.

Tamarac Apartment Community Goes for $27.2M

By Carla Vianna |

South Florida's multifamily investment boom continues with another big-dollar buy: A Tamarac apartment complex traded for $27 million.

1820 NE 142nd St., North Miami, Fla.

North Miami Apartment Complex Sells for $117M

By Carla Vianna |

The Blackstone Group just purchased a $117 million apartment complex in North Miami.

Gabriel Britti, Roee Ben-Moshe and Ronnie Issenberg of Marcus & Millichap in Miami.

'Wendy's Brokers' Find Niche With Fast Food Chain

By Carla Vianna |

A Marcus & Millichap team has found a sweet spot in today's retail market: Wendy's restaurants.