The Real Deal | South Florida Real Estate News

Where’s my den? Buyers sue Related for allegedly delivering smaller condos than promised

Jorge Pérez with a rendering of Paraiso Bayviews

Tariffs, natural disasters are driving up construction costs in Florida: report

New homes in Florida (Credit: iStock)

Brazilian cosmetics mogul picks up condo at Surf Club Four Seasons

Four Seasons Residences at the Surf Club

Palm Beach dentist sells Singer Island condo dev site for $13M

Rendering of Singer Island Gateway

Foreign investment in US homes plummeted to $78B over the past year

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Tariffs, natural disasters are driving up construction costs in Florida: report

By Keith Larsen | July 17, 2019 06:00PM

This has been a rough year for Florida’s housing market. A new report by BuildFax found that existing home maintenance construction costs in Florida increased 13 percent in June,...
Meet Google’s partner on its monster real estate plan for the Bay area

By James Kleimann and Dennis Lynch | July 17, 2019 05:41PM

TRD NATIONAL

UPDATED, July 17, 6:36 p.m. Eastern: Google has already found a partner for its most ambitious real estate project...
E-scooters could raise real estate prices, startup executive says

July 17, 2019 05:30PM

TRD NATIONAL

E-scooters could mean a boost in real estate values in congested U.S. cities. This is the assertion of David...
Where’s my den? Buyers sue Related for allegedly delivering smaller condos than promised

By Katherine Kallergis | July 17, 2019 04:30PM

UPDATED, July 17, 4:51 p.m.: Thirteen buyers at the Paraiso Bayviews condo tower in Edgewater are suing the Related Group for false advertising, among other counts, after the developer...
Foreign investment in US homes plummeted to $78B over the past year

By Katherine Kallergis | July 17, 2019 03:30PM

TRD NATIONAL

Foreign investment in residential real estate in the U.S. has taken a tumble. Foreign buyers purchased $77.9 billion worth...
Banks see uptick in mortgages, but remain wary ahead of potential Fed interest rate cut

July 17, 2019 02:30PM

TRD NATIONAL

Spurred by low interest rates, consumers are taking out more mortgages, bolstering the profits of banks’ consumer divisions. But...
Brazilian cosmetics mogul picks up condo at Surf Club Four Seasons

By Katherine Kallergis | July 17, 2019 01:30PM

The co-founder and former CEO of Sack’s, the largest e-commerce cosmetics company in Brazil, paid nearly $10 million for a unit at the Four Seasons Residences at the Surf...
EXCLUSIVE: Fifth Wall’s Brendan Wallace on his firm’s $500M tech fund

By Natalie Hoberman | July 17, 2019 12:30PM

TRD LOS ANGELES

Brendan Wallace has been everywhere these days. The co-founder and managing partner of Fifth Wall Ventures — a venture...

Inside The Current Issue

Russell Galbut: "A pitbull who hasn’t eaten in a month"

The top multifamily developers in South Florida, ranked

One developer's wild plan to lure EB-5 investors to a project using Celine Dion as bait

Why local nonbank lenders trounced traditional banks in mortgage lending

Gil Dezer takes us inside his Trump shrine

Resi brokers are making hay in Wellington

SPONSORED 5 Simple Tips to Creating a Harmonious Home

Palm Beach dentist sells Singer Island condo dev site for $13M

By Keith Larsen | July 17, 2019 11:30AM

The site of a planned waterfront condo development in Singer Island sold for $13 million. The owners of the site for the 135-unit condo project called Singer Island Gateway,...
At Disney, the magic is all in tracking visitor movements

July 17, 2019 10:30AM

TRD LOS ANGELES

People’s data is being tracked more closely and in more places than ever before, and it’s no different at...

SPONSORED Berkshire Hathaway HomeServices at Epicenter of Seismic Shift in the Luxury Residential Real Estate Brokerage Landscape

Real estate tech investor Fifth Wall launches $500M fund

By David Jeans | July 17, 2019 10:19AM

TRD NATIONAL

UPDATED, July 17, 12:31 p.m.: Venture capital firm Fifth Wall closed on a $503 million fund focused on investments...
South Florida by the numbers: Miami, the tax haven

By Master Brokers Forum | July 17, 2019 09:45AM

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. One state’s tax is another state’s treasure (or something...
Movers & Shakers: Allen Morris Co. taps new COO & more

By Katherine Kallergis | July 17, 2019 08:45AM

The Allen Morris Company named Peter DiCorpo chief operating officer of the Coral Gables-based firm. DiCorpo was previously COO of Waypoint Residential, where he managed corporate and property operations...
Realogy’s explosive suit against Compass may be “seriously misguided:” antitrust expert

By Erin Hudson | July 16, 2019 06:07PM

TRD NATIONAL

UPDATE, Wednesday July 17, 6:35 p.m.: Compass is no newcomer to courtroom drama. Since 2014, the SoftBank-backed brokerage has...

King of the hill: Manhattan tops list of priciest place to rent in US

By Keith Larsen | July 16, 2019 05:30PM

TRD NATIONAL

Here’s a case for New York state’s recently-passed and highly controversial sweeping rent reform law: A new report shows...

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