The Real Deal Miami

  • 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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  • Inside therealdeal.com

  • $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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  • West Palm Beach taps Miami HUD official

    Armando Fana will now act as the housing department chief
    October 17, 2014 02:15PM
    Armando Fana and Mayor Jeri Muoio

    Armando Fana and Mayor Jeri Muoio

    West Palm Beach Mayor Jeri Muoio has hired a new housing department chief. Armando Fana, who leaves a job as director of U.S. Housing and Urban Development’s Miami field office, will take up the post.

    “Nobody knows the rules better,” Muoio told the Palm Beach Post. [more]

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  • alternate<br /></a>text
    BrickellHouse rendering and Harvey Hernandez

    BrickellHouse gets temporary certificate of occupancy. “Million Dollar Listing” star Chris Leavitt chats about the “New Miami.” Federal report says southern Miami-Dade Wal-Mart would harm endangered species. Read those stories and more after the jump.

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  • Commissioners OK plan to subsidize private developments

    SkyRise Miami would receive $9M of about $30M in subsidies
    October 17, 2014 01:30PM
    Carlos Gimenez

    Carlos Gimenez

    Miami-Dade County commissioners have endorsed a plan that would increase residents’ property tax burden to subsidies for-profit developments, like SkyRise Miami.

    Commissioners want to use property taxes to fund about $30 million in development subsidies for several projects, including $9 million for the SkyRise Miami observation tower, according to the Miami Herald. [more]

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  • Miami startup wants to play real estate matchmaker

    RealConnex connects developers with investors, builders and designers
    October 17, 2014 12:45PM
    Roy Abrams is CEO of RealConnex.

    Roy Abrams is CEO of RealConnex.

    A Miami-based startup hopes to set up real estate developers with their dream lender, architect or builder.

    RealConnex is still in Beta testing mode, but it intends to eventually connect real estate professionals with their ideal business partners before the project is listed but after it’s acquired, according to the South Florida Business Journal. [more]

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