A former BankUnited building in Fort Lauderdale was sold in an off-market deal for $3.9 million. The sale, Realtor Dan Teixeira says, closed in only one day. [more]
New owners co-founded local Greek restaurantJuly 31, 2015 04:30PM By Sean Stewart-Muniz
JLL and SLC Commercial Realty brokered the 15,000 sf leaseJuly 31, 2015 03:45PM
Online travel agency HotelPlanner.com signed a lease to move its corporate headquarters in West Palm Beach, JLL announced on Friday.
HotelPlanner will lease 15,000 square feet at the PNC Bank Building, at 205 Datura Street.
JLL Vice President Kevin McCarthy represented HotelPlanner in the lease of an entire floor. Carol Bush of SLC Commercial Realty represented PNC Bank, the building’s owner. [more]
Price breaks down to $2,051 per square footJuly 31, 2015 03:00PM By Sean Stewart-Muniz
A mid-century home on the Intracoastal side of Palm Beach was just sold for $15.6 million. [more]The store, formerly occupied by Tesla, will be the tech company's first in SoFlaJuly 31, 2015 02:15PM
Garmin has leased space on Lincoln Road, following a slew of new tenants in the hot Miami Beach shopping district. [more]
Inside therealdeal.comDevelopers released the first rendering for the planned 23-story towerJuly 31, 2015 01:30PM By Katherine Kallergis
After acquiring the missing piece for its planned Four Seasons Hotel & Residences Fort Lauderdale, Fort Partners is getting ready to launch sales for the project this fall, The Real Deal has learned. [more]New tenant Ackerman Group specializes in counter terrorismJuly 31, 2015 12:45PMFannie Mae policy change removes requirement of a minimum equity stakeJuly 31, 2015 12:00PM By Kenneth Harney
From the New York website: Could a little-noticed policy change by giant mortgage investor Fannie Mae help homeowners who’d like to move but can’t because they’re underwater — they owe more to the bank than the likely selling price of their houses? Could it help you?
Maybe. But you’re going to have to be able to qualify for a new mortgage to buy a new primary residence and rent out your current house, converting it into an investment property. [more]0.58-acre lot last sold for more than $6 million in 2008July 31, 2015 11:15AM By Katherine Kallergis
A vacant lot in South Miami sold for $347 per square foot, or $8.8 million, Miami-Dade County records show.
The 25,366-square-foot property, at 6201 Sunset Drive, is across the street from South Miami Hospital, which is part of the Baptist Health South Florida network.
Bindor Development LLC, a Miami-based company tied to FSE Investments, sold the lot to 6201 Sunset Medical Plaza Ltd. [more]Home last sold for $5.25M in 2010July 31, 2015 10:30AM By Sean Stewart-MunizBorrowers are tied to NorthStar Realty Finance, a NY-based REITJuly 31, 2015 09:45AM By Katherine Kallergis
The new owner and operator of three Marriott hotels in Miami has taken out a $98.5 million mortgage, according to Miami-Dade County records. [more]April 2015 The Real Deal magazine