The Real Deal Miami

  • Homestead spec business park begins leasing

    First phase will break ground in fourth quarter
    August 27, 2015 03:00PM
    A site plan for the Turnpike 1 Business Park under development in Homestead

    A site plan for the Turnpike 1 Business Park under development in Homestead

    A 1.6 million-square-foot speculative warehouse complex that’s under development in Homestead has begun leasing for its first phase. [more]

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  • Miami’s SunTrust International Center inks leases

    Owner Crocker Partners' new tenants include HBA Architects, Italian Trade Commission
    August 27, 2015 02:15PM
    SunTrust International Center's renovations

    SunTrust International Center’s renovations

    SunTrust International Center in downtown Miami has signed leases for more then 72,000 square feet, Cushman & Wakefield announced on Thursday. [more]

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  • New Boca home trades for $5.4M

    Sellers bought another home at golf course two weeks ago
    August 27, 2015 01:40PM By Sean Stewart-Muniz
    The home at 1301 Thatch Palm Drive in Boca Raton

    The home at 1301 Thatch Palm Drive in Boca Raton

    A newly constructed home on a Boca Raton golf course was just sold for $5.4 million. [more]

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  • Marlin Hotel scores $8.4M in financing for expansion

    Hotel will include an Asian restaurant, BaZi, operated by Macchialina Taverna Rustica team
    August 27, 2015 12:45PM By Ina Cordle
    marlin hotel

    Marlin Hotel

    The Marlin Hotel in South Beach has secured $8.415 million in financing to fund the renovation and expansion of the property into a 32-room luxury boutique hotel, The Real Deal has learned. [more]

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  • Inside therealdeal.com

  • Miami-Dade sees falling foreclosure rate in June

    Countywide, 3.69 percent of mortages were in foreclosure, vs. 6.29 percent in June 2014
    August 27, 2015 12:00PM By Sean Stewart-Muniz
    (Click to enlarge) A map of foreclosures by neighborhood in Miami-Dade County for June

    (Click to enlarge) A map of foreclosures by neighborhood in Miami-Dade County for June

    A strengthening housing market continued to chase away foreclosures in Miami-Dade County during June, according to a CoreLogic report released Thursday. [more]

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  • Miami developer buys Doral hotel for $8.5M

    Mast Capital bought the 94-room TownePlace Suites
    August 27, 2015 11:15AM By Sean Stewart-Muniz
    The TownePlace Suites in Doral

    The TownePlace Suites in Doral

    A Marriott-branded hotel in Doral that was lost to foreclosure has just been acquired by a Miami-based developer for $8.5 million. [more]

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  • West Palm Beach CRA acts to improve near northwest area

    The $2.4 million sale of the Sunset Lounge will likely close early next year
    August 27, 2015 10:30AM By Dan Weil
    SunsetLoungeWestPalmBeach

    Sunset Lounge in near northwest area of West Palm Beach

    The West Palm Beach Community Redevelopment Agency is taking a number of steps to fix up the city’s beleaguered near northwest neighborhood. [more]

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  • SoFla cash deals down, distressed sales up in July

    The top nine cities for cash sales were all in Florida
    August 27, 2015 09:45AM By Sean Stewart-Muniz
    A view of Miami's skyline

    A view of Miami’s skyline

    South Florida was surpassed by the rest of Florida for cash deals during July, while distressed sales jumped up slightly, according to a new report from RealtyTrac. [more]

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  • Most popular on The Real Deal

    August 27, 2015 09:00AM

    Current reader favorites:
    1. Kevin Tomlinson gets new gig, responds to the Jills
    2. LeBron’s manse sells to Mayfair in the Grove owners: $13.4M
    3. Ugo Colombo picks up Coconut Grove office condo building
    4. Venetian Islands spec home sells for $12M
    5. Chateau Beach marks 38th new SoFla condo tower completed

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  • Miami
    A traffic jam in Miami (Credit: Aaron Escobar)

    A new study confirms what we all knew — Miami’s traffic situation is really bad. A slew of new resorts in the Florida Keys have been hit with lawsuits regarding the Americans with Disabilities act. And West Palm Beach is examining its rules for how big a condo project can be. Read these stories and more after the jump. [more]

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