Investor pays $14.5M for Davie industrial portfolio

Investor pays $14.5M for Davie industrial portfolio Property sold for nearly $2M less than last sale, eight years ago December 04, 2015 12:45PMBy Sean Stewart-Muniz The Matecumbe Capital Management industrial portfolio in Davie An investor has paid $14.5 million for six buildings in the Davie Industrial Park, marking the assembly’s second sale since the buildings…

The week in real estate reports

The week in real estate reports Foreclosures and distressed sales are down, while cash sales rose December 03, 2015 05:15PM A chart of U.S. distressed home sales dating back to 2007 (Credit: CoreLogic) Miami ties for third-highest share of distressed home sales  Miami-Dade County had the nation’s third highest share of distressed home sales during…

PBC shopping plaza sells for $24M after 28 years

PBC shopping plaza sells for $24M after 28 years Buyer assumed a $13M loan as part of deal December 03, 2015 03:00PMBy Sean Stewart-Muniz The Crosstown Plaza shopping strip in unincorporated Palm Beach County A Palm Beach County shopping plaza was just sold for $24.3 million, marking its first resale since the strip was built…

The Wrap: Leonardo DiCaprio and Hilary Swank are already in town for Art Basel, South Florida among top 10 growth markets in home sales…and more

The Wrap: Leonardo DiCaprio and Hilary Swank are already in town for Art Basel, South Florida among top 10 growth markets in home sales…and more December 02, 2015 06:30PM A June 2014 photo of famed actor Leonardo DiCaprio (Credit: Danny Harrison) 1. Leonardo DiCaprio and Hilary Swank are already in town for Art Basel [Gossip…