Palm Beach County’s condo sale dollar volume fell, but closings were on the rise. July sales totaled $301 million, falling from $309 million in June.
Category: Business
“Bloodbath of competition:” What could happen when Miami’s pipeline of condo-hotels is delivered
Condo developers in Miami have re-discovered the condo-hotel, and buyers are eating it up. But they may be disappointed with their returns once their units
Mill Creek cuts back Ojus multifamily project, as South Florida sees record apartment construction pipevline
Mill Creek Residential scaled back the second phase of its Modera Aventura multifamily project, nearly halving the building plans. The Boca Raton-based firm now proposes
YMP Real Estate adds another Broward office complex to portfolio
For the second time in five months, YMP Real Estate beefed up its commercial portfolio by acquiring a Broward County office complex. An affiliate of
Lennar drops $28M on Homestead dev site, in contract for Princeton site
One of the largest homebuilders in the country is scooping up more development sites in Miami-Dade County. Records show Lennar bought a 59-acre site in
Citizens Property Insurance seeks approval for rate hike
Citizens Property Insurance requested a 13.5 percent rate hike that will likely affect property owners in the most expensive home insurance market in the country.
Dezer seeks site plan, waivers approval for long-planned Uptown Harbour project
Four years after scoring a key approval for the redevelopment of North Miami Beach’s Intracoastal Mall, Dezer Development is taking the next step. Sunny Isles
Miami-Dade County condo sales dollar volume drops in July to $624M
Miami-Dade County’s sales, dollar volume and price per square foot tumbled in July. July condo sales totaled $624 million, falling from $699 million in June.
BDT & MSD nets $64M with $1B refi of Boca Raton Resort & Club
BDT & MSD Partners is making big equity gains thanks to a $1 billion refinancing of Boca Raton Resort & Club. Citi Real Estate Funding
CMC, Morabito finish Bay Harbor Islands condo project
CMC Group and Morabito Properties completed Onda Residences, their waterfront luxury Bay Harbor Islands condo project. The joint venture has sold all but three units