A House committee is looking at ways to replace property taxes with a higher state sales tax.
Real Estate News
New York investor, Thor Equities, extends its Wynwood buying spree with its acquisition of three properties.
A South Beach landlord will double its rent after evicting a tenant to make room for Steve Madden's shoes.
The new owners of CocoWalk just spent $94 million buying a majority stake in the Shops at Sunset Place in South Miami.
Auto magnate Norman Braman withdraws as a plaintiff in a lawsuit against the city of Miami over a $9 million subsidy for the planned SkyRise tower in downtown Miami.
The Federal Aviation Administration has given height approval for six towers near the Miami International Airport flight path.
A long-term investment hold pays off for developer Ram Realty Services, which closed on two Boca Raton transactions within a week.
A state appeals court rules sellers are obligated to disclose known hidden defects even when houses are sold as it, writes attorney Oscar R. Rivera.
Luxury real estate brokerage One Sotheby's just scooped up the 70-agent South Beach International Realty.
The governor and state Cabinet are being asked to approve ranch purchases in Collier and Seminole counties.
The owner of a Miami mortgage company has been sentenced for running a $64 million mortgage fraud scheme.
Carlisle Development co-founder Lloyd Boggio, who is accused of misusing $26 million in federal tax credits and grants, wants his day in court on federal fraud charges.
Matthew Greer, former CEO of Carlisle Development Group, pleaded guilty to two counts of conspiracy to commit theft of government money in a fraud involving 10 low-income housing developments.
Attorney Michael L. Hyman writes about a condominium association in a foreclosure case that was ultimately done in by its own initial pleadings stating that it was entitled only to a capped amount.
Assessing the strength of an association's construction defect claim against a debtor company filing an ABC requires a unique blend of bankruptcy law and community association law knowledge, write attorneys Jeffrey S. Berlowitz and Jordan G. Weinkle.
South Beach's largest apartment portfolio hits the market, offering 240 units near Lincoln Road.
Two developers plan to turn a strip club into a high-density, mixed-use project at Biscayne Boulevard and 163rd Street.
Aztec Group director Charles Penan and senior managing director Howard Taft arranged nearly $10 million in loans for two Wynwood warehouse properties.
The Florida Supreme Court rules the Bank of New York Mellon waited too long to challenge a judgment favoring a Hallandale Beach condo association in a foreclosure case.
A Texas buyer buys the mixed-use complex covering a block in Miami's Brickell Avenue.
Florida Justices refuse to review an activist's challenge to the proposed 1,000-foot observation tower on Biscayne Bay at Bayside Marketplace.
Some real estate attorneys and brokers fear the new federal mortgage disclosure rules taking effect Oct. 3 could hobble the rebounding housing sector.
Disbarred attorney David Stern assembled three lots in Fort Lauderdale to build a two-wing estate with six bedrooms, nine bathrooms, five fireplaces, a tennis court and a movie theater.
The actor-musician's waterfront home was auctioned as part of his bankruptcy case.
Developer Schmier & Feurring sells the retail center with one of the nation's most high-traffic Whole Food Markets to Jacksonville-based Regency Centers.
Making it rain in South Florida. In our annual report, deep-pockets investors are aggressively pursuing real estate deals aided by creative financing options.
Ten years ago, co-working spaces were a new concept, providing shared desks for freelancers and entrepreneurs as single "mom and pop" shops.
He Waited Outside a Courtroom for a Trial, but No One Told Him It Was Moved. Now He'll Get a Second ChanceBy Samantha Joseph |
The Fourth DCA sides with a contractor who missed trial because he didn't realized Broward Circuit Judge Dale Ross moved the hearing from his courtroom to his chambers.
When Publix Super Markets tried to move out of a Cutler Bay shopping center and set up shop nearby, the ensuing landlord-tenant dispute ballooned into a feud that engulfed the town and the developer planning to build a town center.
The open-air retail center in the heart of Miami's financial district sells for $216 per square foot.
In the blockbuster transaction of the year, a block of Miami Beach's Lincoln Road sells for $7,156 a square foot.
Broker Josie Wang represents supermodels, professional athletes and Hollywood celebrities—but don't ask her to name-drop.
Four companies tied to Starwood Capital Group bought the two-building Huntington Centre and the two-building Miramar Centre from insurance giant MetLife.
Angelo & Banta attorneys helped steer the real estate trade for a Cerberus Capital Management affiliate.
Bucking the pattern trod by other developers in Miami's Edgewater neighborhood, Stripey Development is building tiny, quick and plain.
A year after leasing most of a tower to the Akerman law firm, Brickell City Centre is officially calling the building an office tower.
Third DCA Judge Vance Salter said the messy foreclosure case was an example of "the excesses of the Miami residential lending market" before the housing crash.
The group challenged new association rules changing the number of votes needed to sell the Tropicana in Sunny Isles Beach and limit the number of units owners could purchase.
A federal appeals court panel has revived what it called an "ambitious" set of lawsuits brought by the city of Miami against mortgage lenders under the federal Fair Housing Act.
Developer Astor obtained the loan for the mixed-used tower from an Avison Young team in New York.
Four developers in Miami and a Fort Lauderdale contractor are pleading guilty to federal charges stemming from an affordable housing fraud.
Florida real estate titans Related Group and Florida East Coast Realty received rejection letters from the Federal Aviation Administration for Miami tower proposals.
Joe Sirven of Holland & Knight said a "perfect storm" has led to a shortage of midlevel associates for corporate and real estate groups.
A developer is proposing converting a turn-of-the-century Christian Science church north of downtown Miami into a grocery store--and build a condo tower on top.
Developers closed the 4.4-acre land deal for a planned 330-unit condominium complex.
The buyer of the departed Heat star's Miami pad is happy to close on the Coconut Grove mansion after living in it for a few month.
A 24-hour cement pour to create the foundation for the 709-foot One Thousand Museum condominium tower north of downtown Miami required loads of coordination while sales proceed.
Going against two precedent-setting rulings, U.S. Bankruptcy Judge A. Jay Cristol in Miami found it would be unjust to force homeowners to tap out of foreclosure cases.
A developer won a $1.5 million verdict in a downzoning case against Hollywood but lost on a potentially more expensive constitutional challenge.
Martin Melo said the Melo Group might not even need to tap into the $95 million loan to fund construction of Aria on the Bay.
Miami attorneys uncovered a real estate scam involving claims of a forged notary public signature, fraudulent documents and brisk deed transfers.
Attorney Mitchell W. Goldberg analyzes the tax impacts of mandatory accounting methods for condominium developers during construction.
A lender that couldn't get its story straight ended up on the losing end of a foreclosure appeal in the case of a Royal Palm Beach homeowner.
A Nashville, Tennessee-based Sitel Operating Corp. leased about 114,000 square feet for a new call center in Pompano Beach.
According to CoStar Group Inc., a future Class A office building is planned for the former Capital at Brickell site that would create 3.6 million square feet of office space at 1420-1438 S. Miami Ave.
John Paulson's hedge funds last quarter acquired a 7 percent stake in Starwood Hotels & Resorts Worldwide Inc., becoming the biggest shareholder in the company as it explores strategic alternatives.
Short of cash and unsettled in their careers, young Americans are waiting longer than ever to buy their first homes.
A developer rejected for zoning changes in Miami and South Miami is suing the citiies for votes that didn't go its way.
Joseph Nacchio, the former Qwest CEO convicted of insider trading, and his wife sell his Jupiter estate for $13 million.
About 220 home loans packaged into a $72 million bond offering by private-equity firm Lone Star Funds were backed by new loans to homeowners with riskier credit profiles in which the government didn't take at least some of the default risk.
To sell spec homes in Golden Beach, a developer took a page from the marketing handbook for high-rise condos.
MetLife trades the Venture Corporate Center to a Denver-based real estate investment trust.
A major Los Angeles player invested $34 million in the 166-unit Addion Place Apartments west of Boca Raton.
The merger promises to strengthen foreign investment in the Coconut Grove retail base.
South Florida professionals dealing with prospective Chinese buyers need to understand their needs and establish a knowledgeable and supportive network, writes attorney Anthony Kang.
A residential project in Miami's Coconut Grove iillustrates a Catch-22 for developers: how to build developments that feed public transit when the infrastructure is below par.
The developer planned a high-rise condo tower but claims City Commission action to shorten building height limits robbed it of construction options.
Baron Alan Sugar sells the estate with Intracoastal Waterway access for $6.8 million, or $500 per square foot.
A state appeals court case sheds new light on a condo association's duty to maintain and repair structural and common elements of the property, writes attorney Michael E. Chapnick.
A Los Angeles lender is providing $134 million for the 68-unit luxury Muse condo development in Sunny Isles Beach.
Miami will consider creating a transportation trust fund to help finance major mass transit and parking improvement initiatives.
Four South Florida developers and two general contractors are charged with being part of a kickback scheme that inflated affordable housing contracts by at least $26 million.
Miami plastic surgeon Leonard Hochstein, sells a Sunset Islands estate for more than twice what he paid in 2005.
A judge is being asked to consider a foreclosure defense attorney's request to withdraw from a case where the firm is accused of filing a forged affidavit. The noteholder's attorney wants sanctions.
The $99 million loan marks the latest in a summer of hot South Florida hotel deals.
The 37,895-square-foot parcel combines three lots facing west on Biscayne Bay.
Miami-Dade County warehouse developers are planning a flurry of new construction on a scale not seen since the last real estate cycle.