The Real Deal Miami

  • Change Capital leases HQ space at 600 Brickell

    Lease helps cement district as 'Wall Street of the Americas,' broker says
    June 14, 2013 04:00PM
    600brick

    600 Brickell Ave.

    International investment firm Change Capital Inc. has leased 14,172 square feet at Miami’s newest office tower, Brickell World Plaza at 600 Brickell Ave., for its new corporate headquarters, The Real Deal has learned.

    Other tenants include banking giant Northern Trust, law firm Hogan Lovells, Crédit Agricole Private Banking Miami, Boston Consulting Group, New York-based commercial and construction mortgage lender Doral Money Inc., and global mediation and arbitration service provider JAMS. [more]

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  • Former Delray Beach city commish sentenced to seven years in prison for real estate fraud

    Durante got investors to fund what she falsely described as bridge loans for homeowners
    June 14, 2013 03:00PM
    Charlotte Durante

    Charlotte Durante

    A Palm Beach County judge sentenced former Delray Beach City Commissioner Charlotte Durante to seven years in prison for first-degree felony charges of fraud and money laundering, the Sun Sentinel reported.

    The sentence was significantly softer than the 20-year minimum state guidelines for such charges, but Circuit Judge Charles Burton said he couldn’t bring himself to impose such a stiff sentence on Durante after hearing of her brain tumor. [more]

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  • Aria buys Collins Ave. apt. complex for $5M

    Plans to raze and build retail space for high-fashion store
    June 14, 2013 02:00PM
    Future retail at 825 Collins Ave.

    Future retail at 825 Collins Ave.

    Aria Development Group has acquired a 7,310-square-foot, two-story residential apartment building for $5 million at 825 Collins Avenue in Miami Beach that it plans to convert into a flagship store, The Real Deal has learned.

    Aria principals Joshua Benaim, Tim Gordon and David Arditi, in partnership with Wexford Capital and 13th Floor Investments, plan to raze the building and replace it with a Class-A, 10,000-square-foot-plus retail for a high-fashion tenant. [more]

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  • Chris Bosh’s wife puts kibosh on moving talk

    Miami Heat center-forward had earlier said he would list his North Bay Road home
    June 14, 2013 01:00PM
    Chris and Adrienne Bosh

    Chris and Adrienne Bosh

    Miami Heat center Chris Bosh’s wife has firmly put an end to speculation that the couple would move out of their North Bay Road home, the Sun Sentinel reported. Adrienne Bosh’s remarks follow the basketball star’s announcement that he would look to put the 12,368-square-foot home on the market. [more]

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  • Inside therealdeal.com

  • Bal Harbour Shops founder takes show to Brickell

    Stanley Whitman branches out to Swire Properties' CityCentre
    June 14, 2013 12:00PM By Emily Schmall
    From left, Matthew Whitman Lazenby, Stanley Whitman and Randy Whitman

    From left, Matthew Whitman Lazenby, Stanley Whitman and Randy Whitman

    At the age of 94, Stanley Whitman could reinvent luxury retail – again. [more]

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  • Rosie O’Donnell says goodbye to Star Island

    Actress and talk show host sells mansion for $16.5 million
    June 14, 2013 11:00AM
    43 Star Island Dr.

    43 Star Island Dr.

    Rosie O’Donnell has sold her Star Island mansion for $16.5 million, $3 million below the original asking price, the New York Post reported. [more]

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  • SoFla pushes ahead with beachfront building despite rising ocean level

    Officials face challenge of cash investors, growing population
    June 14, 2013 10:00AM
    miami-rain

    A storm over Miami

    South Floridians and New Yorkers refuse to stop building beachfront homes even though the ocean is rising rises, the Economist reported. [more]

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  • Top stories

    June 14, 2013 09:00AM

    Top stories yesterday on The Real Deal:
    1. Real estate consultant sounds condo warning
    2. Developer: Miami ‘most attractive’ to foreigners
    3. Tibor Hollo submits plans for mega Miami space

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  • Today’s priciest listing

    Five-bedroom home in West Palm Beach asks $3.695M
    June 13, 2013 05:00PM
    3100 North Flagler Drive

    3100 North Flagler Drive

    Today’s priciest new listing is a five-bedroom, six-bathroom single-family home asking $3.695 million. The 5,700-square-foot gated home is located at 3100 North Flagler Drive in West Palm Beach. [more]

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  • Boynton Beach shopping center finds a buyer

    RMS Properties acquires leasehold interest, with 33-year term
    June 13, 2013 04:00PM
    quantum-village

    Quantum Village shopping center in Boynton Beach

    The Quantum Village shopping center in Boynton Beach has been sold to an Illinois-based rental management company RMS Properties, according to a release from Stiles Realty, which represented the owner BBX Capital Corporation. [more]

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