Rendering of Akua and Peter Zalewski As South Florida enters the fifth year of this current real estate cycle, developer optimism appears to still be growing in the town of Bay Harbor Islands, where more than two dozen new condo buildings have already been announced since 2011. The latest condo building to be proposed for…
DetailsA 2013 photo of the Miami skyline from Brickell (Credit: Gabriel Kaplan) Talk about a stocking stuffer — Miami is on track to break an all-time home sales record this year with nearly 13,000 houses already sold before December. Miami-Dade County has posted a new home sales record each year for the last five years,…
DetailsMore single-family homes, townhouses and condominiums were sold in November compared to the same time last year, and prices were higher too, according to recently released data from Florida Realtors. There were 3,277 sales of existing single-family homes in the tri-county area, up 6.3 percent from the same month a year ago. The median sales…
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Diane Czarkowski didn’t mean to go into cannabis consulting. But she’s built a successful business around her years of activism in the medical marijuana industry and sharing her knowledge with others. Canna Advisors, based in Boulder, Colo., offers assistance and guidance to business owners looking to open up shop within the medical marijuana industry, helping…
DetailsThe two apartment properties being redeveloped into a hotel and William Hammani, CEO of the Hotelex Group A Venezuelan developer just scored more than $20 million in financing to build a hotel near Miami International Airport. The financing, which was recorded in Miami-Dade County property records Tuesday, was issued by lender Banesco USA. It covers…
DetailsTwo affiliates of Miami-based Terra Group and the Related Group did a bit of last-minute mortgage shopping before the new year. The affiliates, 2701 Bayshore Venture LLC and 2701 Bayshore One Park Grove LLC, secured new construction loans for the Coconut Grove Park Grove condominium project to the tune of $174 million. Bayshore Venture entered…
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The spec house at 309 North Lake Way A newly built waterfront spec house in Palm Beach was just sold by its developer for a whopping $31.4 million, marking one of the city’s priciest residential deals this year. The home, located at 390 North Lake Way, is a 12,655-square-foot mansion with five bedrooms, six bathrooms…
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Holiday shoppers aren’t the only ones in a rush this month: Realtors are racing to close out sales before the end of the year, especially in Miami-Dade County’s condo market. Last week, the county saw a big jump in condo sales volume and expensive closings that easily outshined December’s sluggish beginning. Out of the week’s…
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An EB-5 visa superimposed on Manhattan (inset from left: Pete Sessions, Chuck Schumer, John Cornyn and Jeff Flake) From the New York website: What do Chuck Schumer, Jeff Flake, John Cornyn and Pete Sessions have in common? This isn’t the beginning of a bad Capitol Hill joke. The four lawmakers all championed an extension of the controversial…
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