$13M payback: Judge approves Rothstein bankruptcy distribution.Unemployment down for third consecutive month in South Florida. And a Palm Beach real estate fund raises $311M. Read those stories and more after the jump. [more]
The Wrap: $13M payback – Judge approves Rothstein bankruptcy distribution, Unemployment down for third consecutive month in South Florida…and moreDecember 19, 2014 05:30PM
Land last sold in 1995 for $280KDecember 19, 2014 05:21PM
A New York developer bought a 1.03-acre site in Wynwood on Thursday for $12.5 million.
The property, at 2050 North Miami Avenue, is KAR Properties’ fifth in South Florida. CEO Shahab S. Karmely said in a news release that the company is focused on South Florida’s emerging and established neighborhoods. The developer paid cash for the Wynwood property. [more]
Actor listed house for $19M in 2013December 19, 2014 04:30PMIntracoastal Palm Beach mansion is at No.1December 19, 2014 03:45PM By Katherine Kallergis
The top three most expensive listings to hit each of the tri-county real estate markets – Miami-Dade, Broward and Palm Beach – over the past week ranged from $3.8 million to more than $15.4 million, according to Zillow data. Palm Beach had the priciest property and at the low end of the living-large listings was a Jupiter estate. [more]
Inside therealdeal.comDecember 19, 2014 03:00PM By Master Brokers Forum
“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics.
Here at SFBTN headquarters, we are so obsessed with the data behind Miami’s business and real estate news, that we rarely – if ever – stop to look inward. But the holidays and new year are a time for reflection, and we were happy to learn that we provided exactly 54 interesting and illuminating figures in 2014. [more]Company has bought multiple sites in the neighborhoodDecember 19, 2014 02:17PM
A gym founded by a prominent Miami attorney was purchased for $3.9 million by Greenstreet Management of Miami, a Coconut Grove-based company that has been snatching up commercial properties in Miami’s MiMo neighborhood in the Biscayne Boulevard Historic District.
Greenstreet bought the Biscayne Boxing & Fitness Club at 7200 Biscayne Boulevard on Thursday. [more]All-cash deal for 300-unit complexDecember 19, 2014 01:30PM
A 330-unit apartment complex in Hollywood was sold for $31.5 million in an all-cash deal.
Emerald Place, at 3910 North 56th Avenue, had 39 offers including six from foreign investors, according to a release from CBRE, which arranged the deal.
“The attention from private, institutional and foreign capital on South Florida is unprecedented at the moment,” CBRE vice chairman Robert Given said in the release. [more]Rents start in the high $2 per square footDecember 19, 2014 01:30PM By Katherine Kallergis
Metro 1 Properties’ Filling Station lofts are filling up — quickly.
The Wynwood lofts, located at 1657 North Miami Avenue, have leased half of their units within 90 days. [more]A look at the year's top 10 condo resalesDecember 19, 2014 12:45PM By Peter Zalewski
Question: How do this year’s top 10 condo listing resales compare to last year based on price?
South Florida’s ultra-luxury condo resale market is trading eight percent less per square foot in the first 11 months of 2014 compared to the same period in 2013, according to an analysis of data from the Southeast Florida MLXchange. [more]Sales up nearly 20 percent to $252 millionDecember 19, 2014 12:00PM
A real estate brokerage based in Boca Raton rode the wave of a surging South Florida market, reportedly boosting sales 18 percent this year.
Mizner Grande Realty saw sales rise from $213 million last year to $252.4 million in 2014, according to a published report. [more]« Previous Next »