The South Florida Business Journal on Thursday hosted nearly 90 area professionals at a morning networking event at its Miami office in the Brickell financial district. SFBJ Senior Reporter Brian Bandell also provided an overview of Miami-Dade County’s real estate market and highlighted many of the big developments he has written about as part of his Crane…
The company reported lower earnings, but still exceeded analyst expectations Lennar, the nation’s second largest homebuilder behind D.R. Horton, announced 8,898 home orders at the end of May. Lennar broke ground at the end of April on its 552-home Parkland Bay development in Broward County. Read more here
Paramount Miami Worldcenter has passed the podium level: See more here
Greenberg Traurig has expanded its real estate practice with the hire of three attorneys in Florida. Former Stearns Weaver Miller Weissler Alhadeff & Sitterson lawyer Marina Ross has joined the firm as a partner. Her clients include Rescore Corp., a real estate investment trust, Encore Housing Opportunity Fund II, a privately held real estate investment…
Miami-based Fortune International Group has teamed with Rialto Capital Management, a subsidiary of Lennar Corp. (NYSE: LEN), to form a private bridge lending firm. Vaster Capital will focus on providing bridge loans on both residential and commercial real estate in South Florida, including for foreign nationals. Fortune and Related said Vaster Capital could close loans much…
About a year after being completed, the Amaray Las Olas apartment tower in downtown Fort Lauderdale was sold for $133.55 million. Rock-French Quarter, a joint venture between Rockefeller Group and Stiles Corp., sold the 254-unit tower at 215 S.E. 8th Ave. to Amaray Las Olas by Windsor, managed by Boston-based GID Investment Advisers. Read more here
The Related Group has bought out its two partners in the Hyde Beach House condo project, which is currently under construction in Hollywood, the developers have confirmed. Arnaud Karsenti, CEO of 13th Floor Investments, said that the Related Group bought out his company and Key International from Hyde Beach House. Follow the link
Paramount Miami Worldcenter unveiled its Penthouse Collection Series, which is comprised of 26 residences ranging in price from $3.5 million to $9.5 million. Eight of the standout units will be two-story duplexes and all penthouses will be housed in the upper core of the 60-story tower, the sole residential building currently for sale in the…
One of the amenities at the Estates at Acqualina in Sunny Isles, m2e Client, will be an ice skating rink. Prices start at $4.2 million. Although some developers are focusing on community-building amenities, Miami has no shortage of luxury condo towers with concierge services and over-the-top perks — for the few who can afford them. Here’s…
Soar above and around what will be Fort Lauderdale’s tallest tower Fort Lauderdale’s soon-to-be tallest building, 100 Las Olas, has unveiled a new virtual tour of the 499-foot project that broke ground in March. Sales have reached $20 million, according to a 100 Las Olas spokesperson, who also confirms the foundation is approximately 75 percent complete. Virtual…
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