Nine months after pulling the plug on their plans to build a condo tower called Midtown 6, Magellan Development Group and Midtown Development have announced they’re revisiting the project with a new angle: rental apartments. [more]
Project will have 447 units and ground-floor retailMay 23, 2016 12:10PM
Developer of the 65-acre project tapped Avison Young last week to handle office leasingMay 23, 2016 11:25AMFrom left: Albert Permuy, Sandra Witmer, Carl Romer, Erick Collazo and Joseph Kavana (Credit: Jose Larrotta)
Developers of Metropica hosted a VIP event at its sales gallery in Sunrise complete with luxury cars and cocktails. … [more]
With more homes adopting smart technology, criminals are getting wiseMay 23, 2016 10:30AM
From the New York website: LinkedIn, big banks, even presidential candidates, they’ve all been hacked. So do you really think you smart home is secure? Online security experts say that homes with thermostats, security cameras, lights and appliances that are connected to the Internet are vulnerable to hackers. [more]Developer Aquablue paid $3.2M for the waterfront plot in 2013May 23, 2016 09:45AM
A Brazilian businessman paid $13.6 million, or $1,967 per square foot, for a new waterfront spec home on Miami Beach’s Hibiscus Island. [more]
Inside therealdeal.comICSC’s signature four-day Las Vegas event is both work and play for 36,000May 23, 2016 08:45AM By Mike Seemuth
From the National Market Report: What happens in Vegas may stay in Vegas. But what happens at RECon, the International Council of Shopping Centers’ annual retail real estate convention in Las Vegas, reverberates across the country.
RECon is expected to bring 36,000 attendees to Las Vegas for the networking and deal-making event, including more than 10,000 from California, Florida, New York and Texas alone.
The convention, which runs from May 22 to 25, takes place in the 1-million-square-foot Las Vegas Convention Center. The numerous off-site private parties in Sin City offer plenty of leisure-time options that convention crowds may lack at home. [more]May 23, 2016 07:30AM
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5. First look: Encore Capital wants to bring small town America to PlantationA Fort Lauderdale agent represented the buyer, who paid a little over $2,150 per acreMay 22, 2016 04:00PM TRD WEEKEND EDITION
Fort Lauderdale-based real estate agent David Kraizgrun represented the winning bidder in the $3 million auction of a 1,414-acre parcel in Cape Coral.
The winning bidder, GA-Pinnacle Cape Coral, paid a price that equated to a little more than $2,100 per acre for the land, located off Burnt Store Road. Stan Stouder of CRE Consultants had the listing for the land. [more]May 22, 2016 03:00PM TRD WEEKEND EDITION
From Luxury Listings NYC: It is quite possibly the largest apartment in Australia, and with an asking price of 27.5 million AUD ($20.2 million), it’s the country’s priciest listing, too. The sprawling apartment in East Perth hit the market last week, and if it sells at that ask, the penthouse will become the most expensive apartment ever sold in Australia. [more]She said Trump would not make a good presidentMay 22, 2016 02:00PM TRD WEEKEND EDITIONRandolph Equity Partners wants a fire station next door in exchange for a new one elsewhereMay 22, 2016 01:00PM TRD WEEKEND EDITION
Fort Lauderdale city commissioners denied a proposal by the owner of the Bahia Cabana Beach Resort to expand and further develop the property by acquiring a fire station next door. [more]
Lyle Chariff, partners sell Brown Jordan building to Sam Herzberg: $13M Related, partners secure $74M in long-term debt for Doral apartments Mexican developer buys site of future Hallandale Beach offices: $13M Fort Partners offers $100M for development rights of Miami Beach Marina site East, Miami to open May 31 at Brickell City Centre