116 New York Avenue in Flatbush (inset: Beyonce) From the New York website: All the single ladies buying a house, put your hands up. According to a survey by real estate brokerage Redfin, single women may soon make a comeback in the housing market. Redfin’s surveys found that a majority of prospective homebuyers are women,…
The owner of a beachfront retail strip in Fort Lauderdale has listed the property for sale as a redevelopment opportunity. The asking price for Aquatic Center Plaza at 2933 S.E. 5th Street is $29.75 million. Marcus & Millichap’s Scott C. Sandelin and Edward Romo represent the owner, Sophia Enterprises, a local company managed by Aiton…
Cranes, hard harts and excavators spread out across South Florida in 2015 as dozens of major real estate projects broke ground. Some ground breakings were glitzy, with the traditional golden shovels and receptions in air conditioned tents, while others were under the radar as construction equipment started digging into the earth. Check out this slide…
2999 Northeast 191st Street, Aventura In Aventura’s priciest office sale of the year, Aventura View traded Monday for nearly $40 million. The 10-story, 107,304-square-foot office building at 2999 Northeast 191st Street sold for nearly double the $20.5 million purchase price that partners Steelbridge Capital and Apollo Global Real Estate had paid for in 2012, the…
A large Telemundo television studio could be built in west Miami-Dade County near the Dolphin Mall according to plans foreshadowed by a development application. Prologis (NYSE: PLD) affiliate AMB Codina Beacon Lakes filed an application with county officials on Dec. 23 that would amend its Beacon Lakes project with additional space for industrial buildings, which…
The former headquarters building of Mayors jewelry in Tamarac sold for $10.25 million. Mayors Plaza at Westpoint LLC, managed by Daniel S. Mandel in Boca Raton, sold the 56,826-square-foot building at 5850 to 5870 N. Hiatus Road to International Plaza Building LLC. The Cedarhurst, New York-based buyer is managed by Richard Brock and Steven Yavers.…
Wikimedia Commons From the New York website: The Federal Reserve has finally lifted interest rates from 0% and after nine years without a rate hike. The potential ramifications of the policy move are far-reaching and span various American industries, from automakers to homebuilders to investment banks. But those impacts may be disparate. Typically, rising interest rates…
Renderings of Avva Avva Residences & Marina, a five-unit luxury waterfront condominium project in Aventura, has recently launched sales, The Real Deal has learned. With one residence per floor, each condo in the five-story building is planned to have 5,059 square feet of interior space, and 1,123 square-feet of terrace with a summer kitchen, David…
Florida Community Bank provided a $22.72 million construction loan for the Park Place retail center in Boca Raton. The Weston-based bank (NYSE: FCB) provided the mortgage to Fairway Retail Investors, an affiliate of local developer Schmier and Fuerring Properties. It recently broke ground on a 64,054-square-foot retail center on the 16-acre site at 5500 N.…