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Macerich faces “imminent” default on $300M Santa Monica Place loanMacerich faces “imminent” default on $300M Santa Monica Place loanGrupo Frali buys Edgewater dev site to complete full block assemblageGrupo Frali buys Edgewater dev site to complete full block assemblageLawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aRent board’s 4% hike will “plunge” buildings into distress: landlordsRent board’s 4% hike will “plunge” buildings into distress: landlords
New York

First post-bust condo development sells out; Downtown land prices spike as supply dwindles … and more

Real estate news briefs from South Florida

Oceana Bal Harbour
Oceana Bal Harbour

From the June issue: In this month’s roundup of real estate news from the Sunshine State, The Real Deal checks out the MyBrickell building, which is the first condo project in Miami’s Financial District to sell out since the real estate collapse. We then go to the downtown area, where vacant land is at a premium, and investors are making aggressive offers for the few available sites. See these items and more after the jump.

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