Real Estate
Former coach Schnellenberger sells Ocean Ridge condo
The Schnellenbergers, who sold the condo for $590,000, had owned the three-bedroom, three-bathroom unit since 1998, the year the coach was hired to launch Florida Atlantic's football program.
Most Popular Stories
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Latest Real Estate News
Sunshine Bouquet signs lease at Miami International Distribution Center
The "long-term" lease for 95,000 square feet brings occupancy at Miami International Distribution Center to 100 percent.
Suit seeking unpaid mortgage fees kicked back to state court
A federal judge has rejected jurisdiction, not buying the defense's claim that a savings & loan was added to the suit for the lone purpose of defeating diversity.
Warmer weather pushes Home Depot 1Q profit up
Home Depot says its fiscal first-quarter profit climbed 27.5 percent as warmer weather brought consumers out for spring gardening and lawn products
Ally's Residential Capital files for bankruptcy
Residential Capital LLC, the unprofitable mortgage company whose parent Ally Financial Inc. is trying to repay a U.S. government bailout, filed for bankruptcy and plans to sell most of its assets to Fortress Investment Group LLC.
Industrial Guide 2012
A mini construction boom west of Miami International Airport and in Medley marks a post-recession beginning in the industrial real estate market. The willingness of some companies to purchase and reposition older or struggling lower-tier industrial facilities is a positive development for owners of such properties in South Florida. Plus market snapshots and an interactive chart.
Proposed Margaritaville resort facing financial challenge
Lon Tabatchnick, the developer behind the proposed Margaritaville Hollywood Beach Resort, is facing a challenge raising money among Chinese investors as initially planned as time is running out to fund the estimated $131 million construction job.
All commercial building inspections are not created equal
There are multiple grades of commercial building inspections and there are a lot of different types of professionals performing theses services, all of which are appropriate for one situation or another, writes blogger Joe Derhake.
Miami Beach commissioners on raising tourist tax: Let voters decide
The decision comes as eight developers are competing to redevelop nearly 50 acres of city-owned property, including the 53-year-old convention center and city hall.
Tobacco Road site owner will sit on land for now, experts say
Following the sale of eight Brickell area properties, including the home of legendary bar Tobacco Road, South Florida real estate experts predict the site's new owner will wait for the nearby Brickell CitiCentre project to drive up surrounding land value and eventually sell to a developer.
Dealmakers
Brokers work $26.5M refi of historic National Hotel on South Beach
Robi Das, David Larson and David Preston of Newmark Grubb Knight Frank represented Delphine Dray's company in obtaining a 10-year fixed-rate loan to refinance the 151-room National Hotel at 1677 Collins Ave.
On Real Estate
Firm pays City National Bank $6 million for residential site
A company managed by developer Michael Adler acquired a Miami residential development site from City National Bank of Florida.
SPECIAL REPORTS
Office Guide 2012
Many top-tier properties are thriving thanks to a push to renew tenant leases early and an influx of Latin America-based tenants. Meanwhile, owners of older buildings, who are scrambling to reposition their assets, are happy to cut rent rates and settle for lower occupancy levels.
2012 Economic Outlook
Daily Business Review
A replay of last year's slow economic growth looks likely this year according to DBR panelists who recently gathered to discuss the economic outlook for 2012, as well as their expectations for the region's key business sectors.
Real Estate Biggest Deals 2011
Daily Business Review
It's good to be king. That, in a nutshell, describes the last year in South Florida's commercial real estate market as high-profile and desirable properties went for prices that were reminiscent of the boom days of a few years back.
dbr Resource Guide
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