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  • For some property owners in Miami Beach, raising their homes and buildings may be the only solution to dealing with rising seas. Miami Beach officials say that as the city raises its streets, they expect more homeowners and building owners to look seriously at raising their structures – many of which will be lower than streets and sidewalks on their property line. … [more]

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  • On his two-day tour of Miami, Housing and Urban Development Secretary Ben Carson advised against reading too much into the president’s proposed budget – especially cuts to housing and development funds.  … [more]

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  • Miami attorney and investor Evelyn Greer sold a shopping center in Pompano Beach to a joint venture between Echo Realty and Publix for $29.6 million.  … [more]

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  • They’re either a valuable financial tool for homeowners or a harbinger of trouble on the horizon: Cash-out refinancings, which were wildly popular during the housing boom years and contributed to the severity of the crash, are on the rise again. National mortgage investor Freddie Mac reports that 45 percent of all home loan refinancings in the final three months of last year involved cash-outs. That was the highest percentage since the end of 2008. Black … [more]

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  • In just six days, The Real Deal South Florida is heading to Broward County to bring together more than 3,000 of South Florida’s biggest names – from brokers, developers and designers to investors and homebuyers – for a day of networking and learning. This year, we’re going even bigger and even better. Guests will be treated to an in-depth look at new developments and industry products while networking with top real estate investors and professionals. … [more]

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  • Mortgage rates hit new low for 2017

    April 14, 2017 11:30AM

    From TRD New York: Homebuyers sitting on the sidelines may want to think about getting in the game, with U.S. mortgage rates falling for the fourth week in a row and reaching a new low for the year. … [more]

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  • Billionaire real estate developer Jeff Greene scored the city’s approval to build micro units at his proposed West Palm Beach development.  … [more]

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  • The co-chairman and CEO of a New York financial advisory firm just paid $7.55 million for a unit at Palazzo del Sol in Fisher Island. … [more]

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  • #foodporn • crested lamb chops • #momsbirthday • #trump #dinner #birthday #palmbeach A post shared by Oleg Kouznetsov, MBA 🇺🇦 (@olegkouz) on May 6, 2015 at 5:38pm PDT From the LLNYC website: The Mar-a-Lago’s initiation fee may have doubled earlier this year to $200,000, but the number of health code violations the club has has more than quadrupled since Trump started his presidential bid. The club, where President Donald Trump has been entertaining foreign dignitaries like Japanese Prime … [more]

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  • Most popular on The Real Deal

    April 14, 2017 07:30AM

    Current reader favorites: 1. Aimco’s suit against Airbnb targets sublets at Bay Parc Plaza and the Flamingo 2. Developer launches sales for luxury homes in the West Grove 3. Ben Carson gets stuck in elevator during visit to affordable housing complex in Miami 4. Health officials warn Wynwood property owners and businesses to prepare for Zika 5. Art dealer Larry Gagosian flips Faena House penthouse for $12M … [more]

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  • The city of Delray Beach and the developer of the Atlantic Crossing project have settled a $40 million lawsuit, allowing it to finally move forward. … [more]

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  • Miami’s foreclosure activity in the first quarter was 44 percent below its pre-recesssion level, according to a newly released report. … [more]

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  • A Miami-based paint company stiffed three years ago by President Donald Trump’s Doral golf resort may finally get paid. The Third District Court of Appeals on Wednesday rejected the Trump National Doral Miami’s petition to throw out a lower court’s prior ruling affirming a nearly $35,000 construction lien The Paint Spot placed on the property, and also awarded the company $300,000 in attorney fees. … [more]

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  • The Carlyle Group paid $45.52 million for a 437-unit mobile home community in Boynton Beach, property records show. … [more]

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  • Miami has a new skyscraper. The 85-story, 868-foot Panorama Tower rises above all others in Miami. Florida East Coast Realty just officially topped off the building, which, when completed will also mark the highest in Florida and the tallest residential tower south of Manhattan. … [more]

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  • Mast Capital and Rockpoint Group have sold the West Isle Club Apartments in Key West to Priderock Capital Partners for $56.8 million. The sale comes less than three years after Miami Beach-based Mast Capital and Boston-based Rockpoint paid $39.5 million for the complex. That represents a 44 percent gain before renovation expenses.  … [more]

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  • Mar-a-Lago’s extra layer of security might come in handy now that the president of the United States is making frequent visits to the Palm Beach resort. … [more]

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  • From TRD Los Angeles: Real estate developers are offering artists cheap — and even free — rent to help bring in the type of crowd that will make its development more hip. As residential construction continues its upward trajectory in places like downtown Miami and Downtown Los Angeles, many developers are competing for a limited pool of young and monied artsy types looking to live in an urban environment. … [more]

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  • LSR Communities sold the Sherwood Forest at Coral Springs apartment complex to Abacus Capital Group for $68.2 million, property records show.  … [more]

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  • Most popular on The Real Deal

    April 13, 2017 07:30AM

    Current reader favorites: 1. Art dealer Larry Gagosian flips Faena House penthouse for $12M 2. Allapattah assemblage sells for $3.1M 3. Investor picks up Elbo Room property, adjacent retail in Fort Lauderdale for $7M 4. Sign of the times: Related cancels Auberge Miami as market fizzles 5. Sears at Aventura Mall to shutter, be redeveloped into mixed-use project … [more]

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