America’s housing market is more valuable than ever. The combined value of every home in the U.S. is expected to climb to a record high of $29.6 trillion this year, up 5.7 percent from last year, according to Zillow, an online real estate marketplace. The nation’s housing stock has regained all the value lost since…
A two-tower project has been proposed along the ocean in Pompano Beach by 1380 S Ocean Boulevard FL LLC, managed by Lionheart Capital CEO Ophir Sternberg. The 4.6–acre site would have 105 branded residential units, 149 apartment hotel units, a spa/wellness center of more than 28,000 square feet, and 14 boat slips. The application doesn’t…
After opening the sold-out SLS Brickell condo and hotel project, developer Jorge Perez and hospitality executive Sam Nazarian are collaborating again on two resort developments in Mexico. Related Group, led by Perez, and Nazarian’s Los Angeles-based lifestyle hospitality company sbe have announced plans for two mixed-use projects in Mexico called SLS Zihuatanejo and SLS Cancún….
Like most years, we had more to celebrate than not in 2016. But, overall, the economy was affected by the various uncertainties including the U.S. presidential election, low-interest rates and turmoil in overseas markets. m2e Client Lennar Corp. came out as one of the winners– Congratulations! South Florida’s largest homebuilder is about to get bigger….
This has been a challenging year for the Miami condo market, with slower sales, but most developers don’t believe the bottom will fall out. JORGE PEREZ, CEO, The Related Group: “International demand will still come to Miami, but there are a lot of projects to choose from. Our company is shifting into the international market…
Related Group partnership favored to win bid for downtown Fort Lauderdale project A partnership led by the Related Group received the highest score in a bid to build an apartment complex in downtown Fort Lauderdale’s Flagler Village. The Miami-based developer received the top ranking from a Broward County evaluation committee among three firms that responded to…
Lennar obtains $62M loan to build 386 apartments in downtown Fort Lauderdale Lennar Corp.’s multifamily arm will soon commence construction of 386 apartments in downtown Fort Lauderdale’s Flagler Village neighborhood after obtaining a $61.76 million construction loan. FAT Village: The Flagler Arts Technology district in Fort Lauderdale, is a playground for talented street artist. Read…
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