The Real Deal Miami

  • Kellyanne Conway looks for an alternative house

    Conway took a break from being on TV to go house hunting
    February 26, 2017 04:00PM TRD WEEKEND EDITION
    Kellyanne Conway (credit: Gage Skidmore)

    Kellyanne Conway (credit: Gage Skidmore)

    From Luxury Listings NYC: Sure, Kellyanne Conway has been accused of allegedly violating ethics laws when she urged people to “go buy Ivanka’s stuff,” but she wants you to know that isn’t the reason she hasn’t been on TV. She was just out house hunting. [more]

  • Developer starts leasing luxury rentals for seniors

    Big Rock Partners expects to finish building Atria at Villages of Windsor in fall
    February 26, 2017 03:00PM TRD WEEKEND EDITION

    Atria at Villages of Windsor rendering

    A California-based developer has started leasing luxury apartments at a senior housing development near Lake Worth.

    Big Rock Partners opened a welcome center for Atria at Villages of Windsor, a 320-unit development on a 22.5-acre site at the intersection of Lyons Road and Hypoluxo Road. [more]

  • Allen Morris Co. lands culinary tenant for Orlando-area development

    The Coral Gables firm recruited a food hall and restaurant to Maitland City Centre
    February 26, 2017 02:00PM TRD WEEKEND EDITION

    Maitland City Centre rendering

    The Coral-Gables-based Allen Morris Company has recruited a food hall and restaurant as a tenant of Maitland City Centre, a mixed-use development in the Orlando suburb of Maitland.

    Spindrift Concepts, headed by a chef named Clayton Miller, will open a 4,593-square-foot food hall with a restaurant at Maitland City Centre. [more]

  • Delray Beach firm plans to redevelop Sarasota hotel

    Ocean Properties plans to build a 304-room hotel to replace a 176-room property
    February 26, 2017 01:00PM TRD WEEKEND EDITION

    The Sandcastle Resort at Lido Beach in Sarasota

    A Delray Beach-based company plans to redevelop a resort hotel in Sarasota on Lido Key.

    Ocean Properties Hotels Resorts & Affiliates is planning to demolish the Sandcastle Resort at Lido Beach, a 176-room property the company bought in February 2014 for $27.5 million.

    Ocean Properties would build a 304-room on the 6.1-acre site of the Sandcastle Resort, built in 1953 at 1540 Benjamin Franklin Drive on Lido key. [more]

  • Inside

  • CEOs love the corner office, but research says it’s overrated

    A commercial design firm wants you to rethink your office
    February 26, 2017 12:00PM By Business Inside TRD WEEKEND EDITION

    From the New York site: Corner offices are a coveted piece of corporate real estate — but they probably shouldn’t be. [more]

  • Worldwide Properties opens 3rd Miami Beach office

    The real estate brokerage and management company was founded in 2008
    February 26, 2017 11:00AM TRD WEEKEND EDITION

    J. “Eddy” Martinez, broker and CEO of Worldwide Properties

    Property broker and manager Worldwide Properties opened its third office in Miami Beach at a South of Fifth location.

    Worldwide opened the office at 400 Alton Road, TH 104, next to the Miami Beach Marina. The company also has Miami Beach offices at 1500 Bay Road and 225 Collins Avenue.

    “Known for its water frontage, beaches and world class boaters’ paradise, it made sense to open our third location in [more]

  • Aventura firm plans homes next to Pompano marina

    Aqua Marine Partners seeks city and county approval of its residential development plan
    February 26, 2017 10:00AM TRD WEEKEND EDITION

    Aquamarina Hidden Harbour in Pompano Beach

    The owner of Aquamarina Hidden Harbour and adjacent land in Pompano Beach is planning a redevelopment of the property that would include 300-plus homes.

    Aventura-based Aqua Marine Partners has owned the marina at 2315 Northeast 15 Street in Pompano Beach since 2008, when the company bought it from Huizenga Holdings. Aqua Marine owns five marinas. [more]

  • Margaritaville brand extends to senior housing

    Minto Group plans 6,900 homes for buyers 55 and older at Latitude Margaritaville in Daytona
    February 26, 2017 09:05AM TRD WEEKEND EDITION

    Rendering of the town-center swimming pool at Latitude Margaritaville

    Minto Group and Margaritaville Holdings will develop a huge residential community in Daytona Beach called Latitude Margaritaville for active people 55 and older.

    Latitude Margaritaville would have 6,900 homes and would cost $1 billion to develop. A sales center for the development has opened, and the first model homes are scheduled to open in January 2018. [more]

  • Universal Orlando gets millions in tax credits for ‘high-crime’ areas

    Universal's operator has collected $4 million in job tax credits for high crime areas since '13
    February 25, 2017 03:00PM TRD WEEKEND EDITION

    The Universal Orlando theme park

    The operator of the Universal Orlando theme park resort has collected millions of dollars in tax breaks designed for employers in high-crime areas – prompting a legislative proposal to kill the state program that provides the credits. The tax benefit ranges up to $1,500 for every full-time job stationed in a place that fits the City of Orlando’s designation of a high-crime area, which extends from the downtown area to the International Drive corridor, the city’s tourism district. Universal Orlando has 23,000 employees.

    The Orlando Sentinel  reported that Universal City Development Partners, the operator of Universal Orlando, has received almost $4 million of these “high-crime” tax breaks since 2013, and joint ventures involving the parent company of Universal and Loews Hotels another $1.7 million. Rep. Paul Renner, R-Palm Coast, is sponsoring a bill to eliminate the state’s Urban High-Crime Area Job Tax Credit program. [Orlando Sentinel] Mike Seemuth

  • Minto sells out condo in Lauderdale-by-the-Sea

    The company launched sales of the last 51 units at Villas by the Sea in December 2014
    February 25, 2017 02:00PM TRD WEEKEND EDITION

    Villas by the Sea

    Minto Communities has sold all 117 units at its Villas by the Sea condominium development in Lauderdale-by-the-Sea.

    In December 2014, Canada-based Minto launched sales for 51 of the 117 units in two of the four low-rise buildings that comprise the development. Prices ranged from the $500,000s to more than $1 million. [more]