Developer Gilberto Bomeny bought the 200-room Holiday Inn but has no plans to settle into the hospitality business.
Real Estate News
Publix had a store at the Courtyard Shops at Wellington before buying the retail center with banks, a McDonald's and a service station.
Billionaire Jeff Greene buys three acres and plans to invest about $700 million more in downtown West Palm Beach.
The four-story Doral Commons building changs hands for $13.1 million, up from $6.3 million four years ago.
An apartment builder is paying more than $8 million per acre for Chiquita's former shipping site in Miami's Midtown neighborhood.
Good news for parents: The Miami area is among the best in the country when it comes to housing prices in areas with top-performing schools.
The $25 million Wave on Bayshore is set for Fort Lauderdale's North Beach Village.
Attorneys who wrongly assumed they'd reach an agreement canceled trial in a long-running foreclosure dispute over unpaid assessments at a Weston business park.
The couple who began with a tiny storefront selling churros in Venezuela is working on expansion to 100 U.S. locations.
Once pastoral Doral makes a new list of the most expensive cities in Florida for single-family homes.
The 1.3-acre estate in the private Lost Tree community sells to a trust linked to apparel designer Elissa Raethe Kovas.
Congress has two options in play for the EB-5 visa program that could affect plans to develop a block in Miami's affluent Brickell neighborhood.
The bank finances 77 affordable apartments in Miami's Allapattah neighborhood.
Dallas-based Lincoln Property buts the St. Tropez complex for $235,638 per unit.
Renwood RealtyTrac reports a 12 percent national increase in initial foreclosure filings.
Two powerhouse investors are forming a joint venture controlling a six-office complex in Miami-Dade County's Airport West market.
Developers like Pinnacle Housing Group, are are set to bring hundreds of apartments to South Florida in the next year catering to families priced out of most the new product rising across the region.
About $77 million of the loan will fund construction of the Tower at MorseLife, while the rest will help renovate the Tradition of the Palm Beaches.
Verzasca Group managing director Tim Lobanov is seeking brokers fluent in Mandarin to handle an expected rush of Chinese investors.
When plans fell apart to build the controversial 13-story Vintro Hotel on a small waterfront parcel in Fort Lauderdale, Douglas Elliman broker Dan Teixeira assembled two neighboring parcels and sold all three sites to a North Carolina developer looking to open a Marriott resort.
Big or small, investors see value in the region's hospitality sector, spending freely for everything from a $493 million Ritz-Carlton to $1 million beach hideaways.
Aircraft parts supplier Diversified Aero Services moved into Doral, signing an eight-plus-year lease valued at about $15 million.
Companies with vested interests in standalone liquor stores like Publix and ABC are opposed by other big retailers pushing for supermarket liquor sales.
About 24 acres straddling the Lauderdale Lakes-Tamarac line is bought by Atlantic Pacific Development and set for 420 apartments.
But six other Florida markets are on a RealtyTrax list of areas with the most underwater mortgages.
The Third District Court of Appeal sides with the St. Jude Melkite Catholic Church and against the city and preservationists.
Outdated community association covenants and declarations mean foreclosing lenders can skip paying past owners' overdue fees, writes attorney Michael E. Chapnick.
Former members of the Ritz-Carlton Golf Club & Spa Jupiter dropped the club from a class action lawsuit alleging their deposits should have been refunded when Donald Trump took over.
Brokers like Rick Tobin say drug and alcohol rehabilitation center operators can quadruple rental revenue by adding beds for tenants in recovery programs.
The buyer pays $215 per square foot for four office buildings in the Sawgrass International Corporate Park off the Sawgrass Expressway.
The lawyers have joined forces to create a community association, real estate and banking law firm, Backer Aboud Poliakoff & Foelster, with offices in Boca Raton and Miami Beach.
A demolished Miami Beach mansion reportedly used for a JFK-Marilyn Monroe tryst will hit the market after years of litigation.
The Peebles Corp. sells to Chinese investors for $38.5 million next to the Deauville Beach Resort.
A Miami federal judge dismissed two employment claims filed by construction workers who helped build Marlins Park.
Changes in Florida law and litigation are affecting developers in a variety of ways, writes attorney Jason Kellogg.
Foreclosure defense attorney Thomas Ice is gearing up to launch a program to offer free legal services and allow clients to hire attorneys for piecemeal work, instead of entire cases.
A Miami-based team helped market the seven-building retail and office portfolio on an affluent downtown corridor in Naples.
A House committee is looking at ways to replace property taxes with a higher state sales tax.
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.