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 at 9 a.m., 12:30 p.m., and 4 p.m. ET. Please send any tips or [...]
Northwest 167th Street and Ernesto Lopes of ahs Residential (Credit: Google Maps) The AIDS Healthcare Foundation sold three vacant lots in Miami Gardens to ahs Residential for $9.5 million after buying the site a year ago. The nonprofit sold the [...]
Hotel Astor (Credit: Groupon) The financially troubled and now-closed Hotel Astor is on the market for $12 million. The 42-room, three-story hotel at 956 Washington Avenue was renovated in 2014 using $9 million raised from EB-5 investors. It closed nearly [...]
Bank OZK CEO and Chair George Gleason (Illustration by Chris Koehler) As Bank of the Ozarks’ private jet lifted off from Little Rock, Arkansas, Dan Thomas geared up for another day of dealmaking. As vice chair of the bank, he [...]
Not all homeowner associations are created equal. Some are well-run by a competent board; others are plagued by infighting and may have costly upcoming repairs.
The pot of hurricane-recovery money from HUD tops a billion dollars, and Fla. set aside $75 million to buy out flood-damaged homes – the first time the state has managed a program of this size to remove once-valuable coastal real [...]
Standard mortgage application forms were to change on Feb. 1, 2020 – their first update in 20 years. But a dispute over language preference will delay it.
Fort Lauderdale is turning empty storefronts into artist colonies. They pay nominal rent but must move if a building’s owner finds a tenant to lease the space.
First-time FHA borrowers could pay a lower interest rate if they go through counseling under H.R. 2162, but Congress must pass it and the president must sign it.
From left: London, Shanghai and Paris Every week, The Real Deal rounds up the biggest real estate news from around the globe. United Kingdom Political upheaval is just no good for business — at least not for Savills. The U.K.’s [...]
There are nearly 9,000 communities designated as Opportunity Zones across the U.S. (Courtesy of Enterprise Community Partners) | Click to view interactive 1. What is the Opportunity Zones program and where does it target? Enacted late last year as part [...]
Twin Lakes Estates, phase one, in Lakeland Coconut Grove-based Housing Trust Group (HTG) finished construction of the first 100 units at an affordable housing development in Lakeland for seniors age 62 and older. HTG plans to start building another 132 [...]
Former pizza restaurant in Plantation decimated by gas explosion (Credit Fox 4) An open gas valve fueled the July 6 explosion at a Plantation shopping center that decimated one building, damaged others, and injured 22 people, a preliminary state report [...]
Bayside Marketplace observation wheel rendering (Credit: The Next Miami) The manager of Bayside Marketplace has another towering attraction in the works: a rotating set of high-rise observation capsules. The Miami Planning and Zoning Board has approved the 176-foot observation wheel, [...]
Instant offers work well for sellers who want quick closings with minimal preparation, but a study by Collateral Analytics found that homeowners make less money than selling their home on the open market – even after backing out a real [...]
Trade wars have boosted the price of raw materials, but NAHB says builders are also strapped for laborers: 50% say framing crews, for example, are hard to find.
What feeds the blue-green algae in freshwater rivers? Officials have theories but don’t know, making the just-announced water-quality study a major step forward.
The 2019 hurricane season has been calm so far, but a fading warm-water pattern caused NOAA to boost their prediction to 10-17 named storms before it’s over.
The short answer: No. Rate drops aren’t a sure thing, prices continue to rise and a tight inventory makes it harder to find a home – waiting won’t make it easier.
While 76% of contracts closed on time in 2Q 2019, 20% were delayed and 4% failed to close altogether. The top problem? Issues related to financing.
By Melissa Dittmann Tracey, REALTOR® Magazine The speckled, spotted styles of granite countertops that have dominated kitchen design in recent years are moving out of the mainstream. In fact, those brown speckled granite countertops may even start to now age [...]
By Melissa Dittmann Tracey, REALTOR® Magazine Besides a good window cleaning, there’s another way to boost your curb appeal and get those windows shining: Remove the screens. Home stagers love this trick, and it’s taken straight from the film industry. [...]
Submitted by the Outdoor Power Equipment Institute (OPEI) Photo credit: OPEI 1. Declutter & Clean The first step to sprucing up the outdoor living room is to clear dirt and clutter from the space. Store lawn equipment, children’s toys, and pet [...]