The Real Deal Miami

  • Rising star: Elliman exec aims to leave her mark on Miami

    Susie Glass oversees marketing for firm’s $3B Florida luxury project portfolio
    October 20, 2014 11:15AM By Eric Kalis
    Susie Glass

    Susie Glass

    Douglas Elliman Development executive vice president Susie Glass is taking the lessons learned from stints at several prominent South Florida real estate firms and New York University, where she is slated to earn a master’s degree in real estate development in December, and hoping to apply them to a future career as a developer.

    Glass, 32, oversees sales and marketing efforts for Douglas Elliman’s $3 billion portfolio of luxury projects in Florida. She served a similar role at Cervera Real Estate, with an emphasis on social media and online marketing. Glass started her career at Tony Cho’s Metro 1 Properties, which she helped position as a sustainable real estate specialist.

    One of 10 industry leaders in the region’s 35-and-under crowd featured in The Real Deal’s latest South Florida Market Report, Glass spoke to TRD about juggling school and work and her lofty goals.  [more]

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  • Univision’s Ciurana gets Bath Club condo for $2.6M

    Network's programming president now owns two units at Peebles-developed building
    October 20, 2014 10:30AM By Eric Kalis
    Alberto Ciurana

    Alberto Ciurana

    A top Univision executive plunked down $2.6 million for a condo at the Don Peebles-developed Residences at the Bath Club in Miami Beach, The Real Deal has learned.

    Alberto Ciurana, Univision’s president of programming and content, acquired Unit 604 at the 5959 Collins Avenue building, according to Miami-Dade County records. The three-bedroom condo totals nearly 4,000 square feet. Peebles completed the Residences at the Bath Club in 2005 and is now developing the high-end Bath Club Estates eight blocks to the north. [more]

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  • AVR makes most expensive multi-family buy of 2014

    New York investor pays $96M for Modera community in Pembroke Pines
    October 20, 2014 09:45AM By Eric Kalis
    Modera Pembroke Pines

    Modera Pembroke Pines

    New York investor AVR Realty Company LLC dropped nearly $96 million on a Pembroke Pines apartment complex in South Florida’s most expensive multi-family trade of 2014, The Real Deal has learned.

    Yonkers-based AVR acquired the 422-unit first phase of Modera Pembroke Pines in a transaction recorded on Friday, according to Broward County records. Seller Mill Creek Residential of Boca Raton constructed the 10170 Southwest 7th Street community on 17 acres in 2013. It took ownership of the land for $11 million in a January 2012 deal. [more]

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  • Top stories

    October 20, 2014 09:00AM

    Top stories over the weekend on The Real Deal:
    1. Greater Downtown Miami condo market faces new risk
    2. Coconut Grove manse is Miami’s priciest home listing
    3. SoFla housing market flooded with new inventory: report

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  • Inside therealdeal.com

  • Starchitects and designers assemble for TRD’s Oct. 23 Real Estate Showcase

    Arquitectonica and YOO Studio founders to join Steven G. and Karim Rashid for condo design panel discussion
    October 17, 2014 05:30PM
    Bernardo Fort-Brescia and Karim Rashid

    Bernardo Fort-Brescia and Karim Rashid

    Heavy hitters in the architecture and design sectors will discuss how local projects can stand out in a competitive market during The Real Deal’s South Florida Forum & Showcase on Oct. 23 at the Moore Building in Miami’s Design District.

    Arquitectonica founding principal Bernardo Fort-Brescia, YOO Studio co-founder John Hitchcox, Interiors by Steven G CEO Steven Gurowitz and Karim Rashid Inc. founder Karim Rashid are slated to participate in the discussion, which is one of three scheduled for at this exclusive all-day event. All four are involved in ongoing South Florida projects that will be on display during the showcase. More than 2,000 real estate enthusiasts and consumers are expected to check out the 30 new development sales booths and project models from Miami and New York City. [more]

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  • Miami Beach commission to discuss hotel at convention site

    City hopes the project would help attract larger events
    October 17, 2014 05:15PM
    Miami Beach Convention Center

    Miami Beach Convention Center

    The Miami Beach City Commission is discussing plans to bring a hotel to the convention center and a trolley system for mid-Beach. [more]

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  • Old development, new sales

    A Related residential community from 2008 has sold 30 units in 30 days
    October 17, 2014 04:30PM
    Terrazas Miami

    Terrazas Miami

    Terrazas Miami, a two-tower luxury residential community on the riverfront, has sold 30 units in 30 days.

    The 324-unit gated community is located at 1861 Northwest South River Drive next to E.G. Sewell Park and prices start in the mid-$200,000s. [more]

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  • Landmarks board votes to reopen Schumacher case

    Chairman William Cooley alleges an illegal demolition was done on purpose
    October 17, 2014 03:45PM
    105 Clarendon Avenue

    105 Clarendon Avenue

    The Landmarks Preservation Commission had approved auto dealer Chuck Schumacher’s plan to rebuild his landmarked Palladian-style home at 105 Clarendon Avenue. But following an allegedly illegal demolition on the project, the LPC has voted to reopen the case. [more]

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  • $70M loan obtained for Boca residential complex

    Fannie Mae provides permanent financing for Broadstone community
    October 17, 2014 03:19PM
    Broadstone North Boca Village

    Broadstone North Boca Village

    The owner of luxury residential community Broadstone North Boca Village obtained $70 million in permanent financing through Fannie Mae’s Delegated Underwriting and Servicing (or DUS) program.

    Craig Romer of Delray Beach-based Dockerty Romer & Co. arranged the loan for the 384-unit multi-family complex at 7801 North Federal Highway in Boca Raton, according to the firm’s written announcement released on Friday. Broadstone includes one, two and three-bedroom units within 19 three and five-story buildings. Amenities include an 11,000-square-foot clubhouse, a movie theater, resort-style pool and a fitness center. [more]

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  • Four new tenants sign deals at Manor@Flagler Village

    Together, the tenants leased 8,565 square feet at Related Group's project
    October 17, 2014 03:00PM
    525 North Federal Highway

    525 North Federal Highway

    Four retail tenants have inked deals at Related Group’s new mixed-use development in Fort Lauderdale called the Manor@Flagler Village.

    In total, the tenants leased 8,565 square feet at the project, which is still under construction, according to GlobeSt. [more]

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