Daily Business Review

Real Estate

Real Estate Insight with Jack McCabe: Governor, Foreclosure Bill Needs To Be Vetoed 

The bill says if a bank has won a foreclosure judgment in court, forced you to vacate and sold your residence, a judge can only award money damages and cannot force the bank to return your home.

Latest Real Estate News

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Margaritaville Developer To Get New Conditions 

The proposed Margaritaville Hollywood Beach Resort could become closer to reality if everything goes as planned.

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PGT Shareholder Boosts Offering To 11 Million Shares  free with registration

North Venice-based PGT, which makes windows and doors, said one of its major shareholders has boosted the size of its underwritten secondary offering of PGT common stock by 1 million shares to 11 million shares and priced the offering at $7.75 per share.

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Toll Brothers Tops Estimates as Orders Reach Seven-Year High  free with registration

The largest U.S. luxury home-builder reported net income of $24.7 million for the second quarter as demand jumped and orders reached the highest level in seven years.

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Stonegate Raises $115 Million to Fund Jumbo Mortgage Expansion  free with registration

Stonegate Mortgage Corp. will use the funds to fuel originations of loans not intended for government-backed programs, as well as to build its portfolio of servicing contracts.

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Sales of Previously Owned Homes Climb to Three-Year High  free with registration

Purchases of existing houses increased 0.6 percent to an annual rate of 4.97 million, the most since November 2009.

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Trump Says He'd Consider Investing In Detroit  free with registration

Donald Trump says Detroit is "on the right path," and he'd consider investing there.

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Guilty Fraud Plea In $5.6 million Turnberry Embezzlement  free with registration

A Las Vegas man has pleaded guilty to fraud charges in connection with the embezzlement of $5.6 million from Aventura-based Turnberry Associates the builder of residential high-rises in the Vegas area over nearly five years.

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Pompano Beach Senior Housing Center Sells For $36 Million 

The Preserve at Palm Aire senior housing center in Pompano Beach has sold for more than $36 million.

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Developer Wants $1M Back After Failed Trump Plaza Deal 

A developer is suing an Orlando company and two law firms in Fort Lauderdale federal court for allegedly making off with a $1 million deposit for the purchase of a tower at Atlantic City's Trump Plaza, which the company didn't own.

Dealmakers

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Greenberg's Donn Beloff Led $400 Million Merger Of Spanish Media Firms 

A Greenberg Traurig team led by shareholder Donn Beloff arranged the merger of four Spanish-language media companies.

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Commercial Real Estate

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Trio of Dania Beach industrial buildings bought for $17.45 million 

Three industrial buildings totaling 209,356 square feet sold for $17.45 million, or $83.35 per square foot.

More Commercial Real Estate

SPECIAL REPORTS

Special Report: Real Estate Biggest Deals 2012 free

Daily Business Review

Demand for prime South Florida real estate is being fueled by investors who want to secure acquisitions while interest rates are still at historical lows and before inflation kicks in.

Commercial Real Estate 2012 

Daily Business Review

More developers are planning high-density enclaves to cater to city dwellers' living, working and entertainment needs.

Industrial Guide 2012 

Daily Business Review

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.

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