Pocket listings, where buyers and sellers skip publicly circulated real estate listings, are rising as the South Florida residential market rebounds.
Real Estate News
A former co-owner has sued his business partner over a loan for the purchase of One Bal Harbour Hotel & Spa.
More then 40 developers are expressing interest in creating a city center complex on Commercial Boulevard in a city best known as a retirement haven.
The West Palm Beach hub would be a nearly 60,000-square-foot station and platform off Quadrille Boulevard between Datura and Evernia streets.
JPMorgan Chase's Jamie Dimon wants clearer rules over when the government will demand triple penalties.
The owner of a Fort Lauderdale condo hotel has disposed of much of the property in a bulk sale at a steep discount from previous unit sales to New York-based Related
A 1,216-acre quarry that led to the downfall of former Palm Beach County Commissioner Tony Masilotti sold for $77 million.
Long left for dead, plans for a Miami streetcar are alive again and could be up for public discussion by September.
Blackstone Group LP, stepping up bets on Spain's economic recovery, is buying about $8.7 billion of mortgages from CatalunyaCaixa SA for $4.87 billion.
Standard Pacific Homes is building and selling homes in 27 developments from Florida to California and is believed to be the first to offer a pet suite as an option in every one.
Housing starts unexpectedly declined in June to a nine-month low, led by a record plunge in the South that shows the construction industry must still overcome hurdles before it can contribute more strongly to U.S. economic growth.
A neighboring shopping center has filed suit against the $1 billion Metropica project, which received final city approval Tuesday.
Delray Beach's historic marina district was built primarily between 1922 and 1943 and highlights the designs of prominent architects including Gustav Maas, Sam Ogren Sr. and John Volk.
Socialite and entrepreneur Ivana Trump made millions by selling the property she bought for $4.4 million in March 1994.
A multimillionaire Argentinian family has plunked down $125 million for 1.11 acres site at the mouth of the Miami River next to the Epic Hotel, a record for undeveloped land in Miami.
A proposed Downtown Miami residential condo tower is looking to push the envelope in more ways than one.
Broward Circuit Judge Sandra Perlman's ruling against Fannie Mae could clear the way for condo associations looking to recover overdue fees after foreclosure.
Real estate agents are increasingly pitching sellers to skip the multiple listing service and let the agent market the home privately.
Citigroup agrees to pay $7 billion to settle a federal investigation into risky subprime mortgages, which helped bring on the financial crisis.
Radian Group and MGIC Investment are among mortgage insurers that would need to fill a financial gap under new financial-strength rules proposed by the Federal Housing Finance Agency.
Investment dollars for residential and mixed-used projects are flowing into the Miami River's northern industrial corridor.
Would-be home sellers across the country are grappling with a once-in-a-lifetime problem: They have mortgage rates so absurdly low it would hurt them financially to sell.
Sara Stevens isn't sold on the idea of homeownership even though her dad, David Stevens, is the chief executive officer of the Mortgage Bankers Association.
As large investors such as American Homes gain access to lower-cost capital and develop greater management efficiencies, they will be positioned to buy smaller operators.
A veteran South Florida real estate investor is spending $38 million on dated Fort Lauderdale waterfront real estate for small-scale condo projects.
Green Street Advisors Inc., a 29-year-old U.S. real estate research company, agreed to sell a majority stake to private-equity firm Golden Gate Capital to finance growth.
A think tank study says Miami has the potential to become the fourth-most walkable metropolitan area in America. Here's why that might not be so out there.
Aldo Lavaggi can support himself as a folk musician in New York's Hudson Valley thanks to the 105-square-foot home he built on a friend's farmland in the Berkshires.
Cerberus Capital Management, which initially targeted landlords with multimillion-dollar loans, is financing low-volume deals for small investors through its FirstKey Lending, with looser terms than government-backed mortgages from Fannie Mae and Freddie Mac.
Apart from discussing a 60,000-square-foot train station, developers said little else about the project they say will funnel $333 million into Broward County.
Apart from discussing a 60,000-square-foot station, developers said little else about the "game changing" project they say will funnel $333 million into Broward County.
Michael Knott of Green Street said office REITS are "going out the risk-reward spectrum by starting more developments rather than buying."
Ram Realty Services LLC is at work on 900 apartments and 300,000 square feet of retail near Zoo Miami after it closed on the $22.1 million purchase of 80 acres from the University of Miami.
A rebounding hospitality market is joining with rising demand for luxury homes, spurring developers to construct new full-service hotels and ask premium prices for residential units associated with a high-end brand.
The troubled for-profit education company Corinthian Colleges Inc. and the Education Department reached an agreement late Thursday that has 85 of the company's 100-plus campuses going up for sale, and 12 others closing.
West Palm Beach slashes building fees after reaching $250 million in construction in a year.
Carlyle Group scores a big return on a $78 million apartment sale near the Nova Southeastern University campus.
Foreclosure defense attorneys estimate as many as 100,000 mortgage debts on foreclosed South Florida homes were wiped out this week by a year-old state law.
Welcome to today's edition of Morning Brief - must reading about South Florida and our legal and real estate communities.
Three towers would add 1,083 units, significantly running up the tally of announced residences in downtown Miami.
As investors pour billions into Miami's real estate market, boutique hotel popularity is soaring and the appetite for them is changing that segment of the hospitality market. Under the new owners, many boutique hotels are developing a unique identity.
JKG Group's $8 million lease is the second largest in Broward County this year.
Owners of U.S. properties from skyscrapers to hotels have extinguished $17 billion of debt before it was due during the past 12 months, more than four times the amount retired before maturity in 2011 and 2012 combined.
It's the end of an era as the last of downtown Miami's luncheon clubs, The Bankers Club, closes, a victim of new restaurants opening downtown and professionals opting for quicker lunches.
ArtCenter South Florida hopes for millions. Walgreen collects $28 million for its two-story store east of Collins Avenue.
Siemens Group, a notable country-club community developer, plans 120 high-end units on seven acres in Boca West.
Data provider CoreLogic says U.S. home prices were up 8.8 percent in May from a year ago, and more homes are coming on the market.
Housing demand is benefiting from cheaper borrowing costs, a stronger employment outlook and easier access to credit for some households.
Dayton, Ohio, found a fix for its foreclosure-laden housing market: Political leaders are encouraging immigrants from Mexico, Nigeria and Turkey to move there and buy houses.
Miami Beach Mayor Philip Levine said citizen concerns about traffic, construction and infrastructure are intimately linked.
After a lull blamed on the housing crash, investors return to pour millions into projects in Bay Harbor Islands.
A Chinese businessman's plans to purchase the Sheraton hotel at Plantation's Fashion Mall and affiliate with Starwood have faltered.
That The Villages, the most rapidly expanding U.S. metro area, is a Manhattan-sized retirement village -- with more golf carts than New York has taxis -- highlights the transformation of the world's demographic profile.
Fitness centers led by YouFit Health Clubs, Orangetheory Fitness and Crossfit are driving up retail occupancy.
A new report prepared by a Miami-Dade County sea level rise task force is urging the county to hire engineers ... and get ready to use land use planning to mitigate the costs of rising seas.
Lennar's profit and revenue handily beat Wall Street expectations in the second quarter as it delivered more houses at higher prices and orders for new homes continued to climb.
LGI Homes' strategy of luring renters with low-cost houses and assisting them with getting mortgages has spurred record sales.
Mizner Court at Broken Sound, a 450-unit multifamily complex in Boca Raton, was purchased in a $74.75 million deal.
The city agency that manages downtown Miami's Museum Park is working to woo sailing ships.
The regulator of Fannie Mae and Freddie Mac will consider suing insurers who charged excessive fees for hazard coverage paid by the two government-owned mortgage companies, an auditor's report said.
A jury awards damages against New York investor Harvey Silverman, who was accused of civll conspiracy in a real estate deal.
The city board wants to wait until Sept. 3 before considering zoning changes that could vastly alter the 10-block development north of downtown Miami.
U.S. Attorney General Eric Holder received a letter last week asking him to stop banks from saddling them with the costs of probes into sales of the debt.
Sellers' ability to ask ever-higher prices has diminished as smaller wage gains make it difficult for some prospective buyers to qualify for financing.
A 420 percent profit on an investment made less than five years ago persuaded the owner of South Beach landmark David's Cafe to shut its doors earlier this year, a broker involved in the sale told the Daily Business Review.
Sales of previously owned U.S. homes posted the best monthly gain in nearly three years in May, providing hope that housing is beginning to regain momentum lost over the past year.
A Maryland-based real estate investment trust pays $310,000 per room for the Hilton Cabana Miami Beach.
JPMorgan Chase & Co. is planning a sale of U.S. home-loan bonds without government backing, adding to evidence that the market for the securities is beginning to pick up steam.
The city Planning, Zoning and Appeals Board will take up the proposal that would better fit the needs of the Miami Worldcenter developer.
U.S. District Judge Max O. Cogburn Jr. ruled claims were properly laid out that Bank of America lied to investors about the projected health of residential mortgage-backed securities.
Mixed-used developers are revitalizing downtown Delray Beach, where CBRE broker Roxanne Register says their interest is creating a new spark.
Bravo TV's reality show "Million Dollar Listing Miami" features brokers Chad Carroll, Samantha DeBianchi and Chris Leavitt.
In a joint venture with Boston-based Rockpoint Group, Miami Beach investor Mast Capital purchased the West Isle Club apartments at 3333 Duck Ave. in Key West.
A property manager forced out of the Setai Resort & Residences in Miami Beach won more than $10 million in damages against the now-defunct Lehman Brothers Holdings Inc.
The pace of U.S home construction slipped in May with many Americans still struggling to afford new houses.
A New York REIT has paid $57.7 million for a Boca Raton Marriott, betting hospitality growth in Palm Beach County will make the investment worthwile.
Developers of condos built during the downturn are working with preferred lenders to attract local buyers and compete with flashier, newer projects.
With various stadiums they built or refurbished making their World Cup debut, Brazilian construction giant Odebrecht Construction Inc. had a different kind of rollout in South Florida as the company signed a 17,788-square-foot office lease in Coral Gables.
Homeowners want a judge to force developer Terra Group to fix drains and other claimed infrastructure flaws at Miami's Quantum on the Bay condominiums.
A company formed by a Russian lawyer paid $21.6 million for a vacant lot facing Biscayne Bay on exclusive Indian Creek Island.
Publix Supermarkets is expanding its real estate portfolio, closing an $11.6 million deal for space in Davie's Paradise Promenade plaza.
The landmark downtown Miami building at 100 NE First Ave. was picked up by a buyer looking to refurbish the historic former post office and set up a boutique shopping experience.
The average price of a newly built home nationwide has reached $320,100—a 20.5 percent jump since 2012 began.
Odebrecht helped erect or expand four World Cup stadiums, financed with $675 million in subsidized loans.
Property owners in Miami's Wynwood neighborhood are pushing the city to let them significantly stray from Miami 21 zoning standards in a coordinated effort to create a more densely populated hot spot.
New York-based Douglas Elliman buys Majestic Properties to extend its reach in South Florida.
David Beckham's dream for a downtown Miami soccer stadium for his MLS team took a severe blow after the City of Miami took the site next to the American Airlines Arena at Museum Park off the table.
More medical tenants are setting up in shopping centers in South Florida.
Plans in Miami for a mixed-use tower sidelined by the Great Recession are back on the drawing boards as a residential project supported by a $7 million government subsidy.
Western Asset Management Co. plans to specify to lenders the mortgages it wants them to make, say interest-only, before it buys them.
Robert Fautz plans to put $33 million into the Liberia neighborhood of Hollywood, including renovating the Rosewood Shops, named after a survivor of the Rosewood massacre.
Plans are unveiled for an 800-room hotel near the Miami Beach Convention Center.
New York investors acquire a Deerfield Beach DoubleTree hotel at a discount.
John H. Alschuler Jr., chairman of land-use advisory firm HR&A Advisors Inc., has been top counselor to soccer entrepreneurs in New York and Miami.
A teachers pension fund buys the build-to-suit center from the developer, Levine Properties.
Two Miami Worldcenter opponents are suing the city, hoping to turn back the clock on the mixed-use development.
The Sonesta Fort Lauderdale has been sold for $65 million to a Massachusetts-based real estate investment trust.
An Illinois teachers pension fund sells a 336-unit Boca Raton apartment complex for $80 million.
The wealth gap is being felt in vacations as the wealthy are looking for ever-more pampering while many others are seeking new ways to economize.
A Star Island sale ends a longrunning lawsuit over who gets to keep the vacant parcel.