The Alexander Group allegedly mismanaged and then refused to complete Indian Creek Island mansion: lawsuit
30 Indian Creek Island Road and Shlomo Alexander The Alexander Group, a North Miami Beach-based general contractor specializing in modern mansions, is facing accusations of cost overruns, project delays and abandoning the work site of a luxurious, two-story residence under [...]
Alex Sapir and the site at 1768 Northeast Second Court (Credit: CBRE) Sapir Corp. and its partners planned to build a 1.7 million-square-foot project on an assemblage of land north of downtown Miami. But the Israeli real estate firm is [...]
1675 Lands End Road (Credit: Redfin) Real estate investor Joseph Imbesi and his wife Orla sold their waterfront Manalapan house for $6.5 million. The Imbesis sold their 6,643-square-foot home at 1675 Lands End Road to Marilyn Flint, David Fischer and [...]
Paseo de la Riviera and Industrious CEO Jamie Hodari Flexible workspace provider Industrious inked a deal for its third South Florida location. Industrious will take 25,000 square feet of retail space at Paseo de la Riviera, a mixed-use project under [...]
Study: In Florida, total student debt is $75.9 billion owed by 2,197,000 borrowers, according to realtor.com, making it difficult to buy a home. If these Floridians want to put 10% down, the downpayment vs. debt ratio is 72.4%.
To get empty homes into the hands of potential buyers, lenders may hold a foreclosure a maximum of five years – but Citibank allegedly moved too slowly.
Agents bake bread at open houses to tap into people’s “scent memory,” and a brokerage went a step further by inventing a unique odor that’s part of its branding.
As far as builders are concerned, the housing rebound is expanding. NAHB’s attitude index rose 3 points to 71 in Oct., and anything over 50 is considered positive.
The landlord doesn’t care if the rent arrives on time. What are the options? Also: If a tenant and the board are in litigation, can meeting minutes be secret?
Christian Martinez Digital marketing and social media executive Christian Martinez was tapped to be the regional president of Compass Florida. Martinez was previously with Facebook and Univision. Based at Compass’ Miami Beach office, Martinez is focusing on growing the brokerage’s [...]
Fisher Island (Credit: Michael Au via Flickr) A power struggle is taking place on ritzy Fisher Island. Fisher Island Community Association board members Michael Ashkin, Jeff Horowitz, Marc Peperzak and George Pearlman are suing the board’s five other directors appointed [...]
Robert Shapiro, along with two of Woodbridge Group’s former luxury properties, and at right, a federal prison. (Credit: iStock) UPDATED, Oct. 15, 11:04 a.m.: When developer Robert Shapiro pleaded guilty in August to leading a $1.3 billion real estate Ponzi [...]
Ken Stiles and The Westerra development site in Sunrise (Credit: Stiles Corp.) Stiles Corp. sold 29 acres in Sunrise for $34 million where it had planned to build a mixed-use project with more than 750 residential units. Sunrise-based GL Homes [...]
The Real Deal’s sixth annual South Florida Real Estate Showcase & Forum is shaping up to once again be the biggest industry event in the region. Mark your calendars for Thursday, Oct. 17 and join us at Mana Wynwood for [...]
Gov. DeSantis’ and a crop of younger lawmakers have led to a new interest in the changing environment, and a specific focus on the impact of rising seas in Fla.
With fake ownership papers in hand, S. Fla. scammers hired a Realtor to list their bargain-priced vacant land, apparently hoping to steal a buyer’s cash at closing.
Sellers don’t like home showings or making repairs, but they say their greatest stress comes from uncertainty – the aspects of a sale that they can’t control.
Residential properties within a half mile of public transit had 4% to 24% higher median sale prices between 2012 and 2016, the study found. Commercial values saw per-square-foot sales-price increases between 5% and 42%.
Feel as if you spend all your time in the car? You’re not alone. In 2018, the average commute time rose to 27 minutes as more buyers moved to new exurb communities.
Maintain the Staged Look While Your Home Is Listed The hardest part of the selling process may be keeping the house looking flawless for countless showings.October 14, 2019By: Charlene StorozukStaging
E.B. Solomont (Photo by Anuja Shakya) The Real Deal senior reporter E.B. Solomont has won a Front Page Award from the Newswomen’s Club of New York. The organization, founded in 1937, recognizes the best journalism by women working in print, [...]
First Industrial Realty Trust CEO Peter E. Baccile, 1001 Northwest 12th Terrace and 1021 Northwest 12th Terrace in Pompano Beach (Credit: Google Maps) A company tied to First Industrial Realty Trust bought two industrial properties in Pompano Beach for $19.8 [...]
La Social’s original location at 7601 Biscayne Boulevard (Credit: Google Maps) Ooh Raw! Poke + Juice Bar | South Miami Ooh Raw! Poke is expanding with a second location in South Miami. The poke and juice bar signed a lease [...]
Eric Wu said Opendoor is only partly replacing real estate agents “I guess it’s good to be hated.” That was Opendoor CEO Eric Wu’s riposte to a question from Recode’s Kara Swisher about what real estate agents think of him. [...]
Marcelo Claure and Softbank CEO Masayoshi Son (left) (Credit: Linkedin, iStock, Pixabay) In late September, SoftBank Group’s Marcelo Claure took to Twitter to share his goals for the upcoming month. He wanted to beat his best running time, try a [...]
Net neutrality means internet providers must supply all data at constant speeds. A D.C. court ruled the FCC can nix it – but it also said states may enact laws.
In 2018, unconventional mortgages hit their highest level since 2008 – but they were still only 3% of 2018’s loans compared to 39% in 2006.
As a possible economic slowdown looms, the people who invest money for ultra-rich families are buying more real estate as a hedge against any possible downturn. And they seem to be shifting from real estate funds to direct investments or [...]
In a Halloween-season publicity move, the iBuyer’s listing ads will include info on unusual electrical fields, unexplained movements and feelings of being watched.
A buyer getting ready to close discovered that items had been removed – items they thought went with the house, such as bathroom mirrors and lighting.
Commissioners seek new plans for Melreese, Virgin Trains Aventura stop would have low ridership: Daily digest
Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update this page throughout the day. Please send any tips or deals to email@example.com This page was [...]
Residential Los Angeles (Credit: iStock) Landlords across Los Angeles have sent out scores of eviction notices in recent weeks, trying to get ahead of the “just cause” provision of California’s new rent control bill, which kicks in Jan. 1. “We’re [...]
Fireside chats — one-on-one discussions between industry players at conferences — are typically genial events. But one such discussion held at a real estate conference in Munich this week was anything but friendly. At Real Expo 2019, New York-based tech [...]
Ross Dress for Less Ross Dress for Less signed a lease at the historic former Burdines building in downtown Miami. The retailer plans to lease 34,192 square feet at 22 East Flagler Street. The vacant building was most recently occupied [...]
Blackstone’s Jonathan Gray (Credit: Getty Images and iStock) After Blackstone dropped almost $19 billion on an industrial portfolio in June — the biggest portfolio deal ever — the private equity giant’s industrial activity hasn’t let up. In the months following [...]
WeWork co-CEOs Artie Minson, Sebastian Gunningham and Jones CEO Omri Stern (Credit: LinkedIn) WeWork has apparently recovered enough from its attempted initial public offering rollout to invest again. The coworking company recently took part in a $4.6 million venture round [...]
500 Marquesa Drive (Credit: Realtor) Former hedge funder Chad Loweth sold a waterfront home in Coral Gables’s Old Cutler Bay neighborhood for $8.1 million. Loweth sold the 6,471-square-foot house at 500 Marquesa Drive for $1,251 per square foot, records show. [...]
8150 NW 64th Street and Longpoint Realty Managing and Founding Partner Dwight Angelini (Credit: Google Maps) Longpoint Realty Partners bought a warehouse near Miami International Airport for $6.3 million, as the private equity firm continues to target commercial properties in [...]
Echo Brickell and PMG principal Ryan Shear The condominium association for Brickell East, a 1980s condo tower, is accusing Echo Brickell’s developer and condominium association of being bad neighbors. According to a lawsuit filed in Miami-Dade Circuit Court, Brickell East [...]