The Real Deal Miami

  • Starchitect Mario Cartaya celebrates 35 years in South Florida

    Portfolio includes Fort Lauderdale airport, Miramar City Hall
    April 18, 2014 05:30PM
    From left: Mario Cartaya, renderings of Miramar Cultural Center and Broward County Courthouse

    From left: Mario Cartaya, renderings of Miramar Cultural Center and Broward County Courthouse

    Mario Cartaya’s architectural vision has given rise to 100 public buildings 35 years into his career. [more]

    Comments
  • Four charged with fraud in Kensington condo case

    Quartet allegedly hid information from lenders to West Palm Beach development
    April 18, 2014 04:30PM
    Kensington of Royal Palm Beach in West Palm Beach

    Kensington of Royal Palm Beach in West Palm Beach

    A federal judge has formally charged four defendants involved in an alleged $25 million fraud at the Kensington of Royal Palm Beach condominium, according to criminal indictments recently unsealed. [more]

    Comments
  • The Real Deal is hiring!

    April 18, 2014 04:00PM

    logoThe Real Deal is looking for a few good men and women as we expand our operations.

    We are currently seeking a full-time reporter and freelance writers for our fast-growing South Florida site, which along with the magazine’s New York City website, garners more than 7 million page views a month. [more]

    Comments
  • Developer gets Palm Beach Gardens land for $10M

    Site acquired by Thomas Frankel's company has approval for 113 condos
    April 18, 2014 03:45PM
    Thomas Frankel

    Thomas Frankel

    A developer acquired a 15-acre condo development site in Palm Beach Gardens for $10 million.

    FW Yacht Club, a Jupiter-based company managed by Thomas Frankel, purchased the land on the southeast corner of Donald Ross Road and Prosperity Farms Road on Monday, according to Palm Beach County records. Frankel is president of Frankel Development Co. Another Jupiter company, 2700 Donald Ross, sold the site to FW Yacht. [more]

    Comments
  • Inside therealdeal.com

  • Joanna Krupa lists Brickell condo for sale

    "Real Housewives" star bought Four Seasons unit eight months ago
    April 18, 2014 03:00PM
    Millennium Tower condo unit 42C (Inset: Joanna Krupa)

    Four Seasons condo unit 42C (Inset: Joanna Krupa)

    Former supermodel and “Real Housewives of Miami” star Joanna Krupa is looking to sell her Brickell condo only eight months after buying it. [more]

    1 Comment
  • alternate<br /></a>text
    Fans at Ultra Music Festival in downtown Miami

    Departing Miami Beach police chief to run Ultra, security. Expert sheds light on record Miami hotel sales. Microsoft gets Macklemore to ring in new Aventura store. Read those stories and more after the jump.

    Comments
  • Biscayne Bank to move to larger Coconut Grove HQ

    Plans filed for new 11,000-square-foot facility at 2601 South Bayshore Drive
    April 18, 2014 01:30PM
    2601 South Bayshore Drive

    2601 South Bayshore Drive

    Biscayne Bank plans to relocate to a new headquarters in Coconut Grove that would have more than double the square footage of its current offices.

    Bank chairman Thomas Lumpkin told South Florida Business Journal the new headquarters at 2601 South Bayshore Drive would total 11,000 square feet. The bank is currently based in a 4,500-square-foot facility at 3121 Commodore Plaza. [more]

    Comments
  • Robert Futterman on Tommy Hilfiger’s Raleigh buy

    Real estate exec tells TRD how big hotel deal came together during Art Basel
    April 18, 2014 12:45PM By Eric Kalis
    Robert Futterman

    Robert Futterman

    Robert Futterman happened to be sitting next to Tommy Hilfiger during an Art Basel Miami Beach party in December when the fashion icon mentioned his plan to launch a new hospitality venture.

    That’s how the seeds were planted for Hilfiger’s Raleigh Hotel purchase, which closed last week, said Futterman, who brokered the deal for sellers David Edelstein and Sam Nazarian. The real estate heavyweight told The Real Deal how he seized the opportunity to mention that Edelstein, Futterman’s longtime client and investment partner, and Nazarian could be interested in selling Hilfiger the 105-room hotel at 1775 Collins Avenue. Edelstein and Nazarian hired HFF to look for refinancing opportunities shortly before the chance encounter between Futterman and Hilfiger during the party at the Dutch restaurant at Edelstein’s W South Beach hotel. [more]

    Comments
  • Worldcenter neighbors oppose street closure request

    Nearby property owners want developer to pay market rate for public rights-of-way
    April 18, 2014 12:00PM By Francisco Alvarado
    Rendering of Miami Worldcenter

    Rendering of Miami Worldcenter

    Opponents of a developer’s request to permanently close off several streets that would be incorporated into the Miami Worldcenter site claim that city officials are giving away valuable public rights-of-way in downtown for next to nothing, The Real Deal has learned. [more]

    3 Comments
  • Adjacent Palm Beach homes sell for $11.5M

    Toronto company headed by furniture executive sold properties
    April 18, 2014 11:15AM
    1230 North Ocean Boulevard

    1230 North Ocean Boulevard

    A Toronto company sold two Palm Beach homes for $11.5 million, The Real Deal has learned.

    Deaj Properties closed the sale of the adjacent 1230 North Ocean Boulevard and 1233 North Ocean Way properties on Monday, according to Palm Beach County records. The county recorded the transaction on Wednesday. Deaj paid $5.8 million in March 2011 for the 6,263-square-foot home at 1230 North Ocean and $1.7 million for the 3,617-square-foot 1233 North Ocean residence in July 2013. [more]

    Comments
MENU