Chicago-based real estate asset firm Heitman paid $92 million for the Miracle Marketplace trade center on Miami’s Coral way. The property was sold by AWE Talisman in a deal handled by Jones Lang LaSalle’s Capital Markets team. The 243,047-square-foot center is set by Nordstrom Rack, Bed Bath & Beyond and Marshall’s, among other holder. JLL Managing […]
Archives: January 2013
Miami Beach house built by famed architect faces uncertain future
A 1935 style red brick house by famed architect Maurice Fatio in Miami Beach is under repair. Fatio was once one of the most popular architects in New York City. But today one of his creation at 5446 North Bay Road could be ruined by its residents who want change their home with a more modern structure. The house is currently […]
Douglas Elliman reaches 40 percent at new condo, Palau at Sunset Harbour
The asset located in the Sunset Harbour neighborhood in Miami Beach, is developed by trust of family of former Disney executive Roy Disney. One of his two condos the Disney funds is establish along with Peloro in Mid Beach has reached 40% sales at the new condominium they are marketing. Most buyers are from South […]
Palm Beach home lists for $8 million
A home located at 1157 North Lake Way in Palm Beach listed for $7.9 million, includes three-bedroom, 4.5-bathroom waterfront property has a total of 3,597 square feet of living space, listed by Fite Shavell & Associates’ Aaron Warren. Asset located at El Encanto subdivision was last bought for $3.68 million in 2001.
Ivana Trump’s former Palm Beach home trades hands for $3.6 million
16K SF Museum Plaza office condominium unloaded in Fort Lauderdale
An office condo in Fort Lauderdale’s Museum Plaza office tower, located at 200 South Andrew Avenue, property totaled 16,084 square feet had been bank owned at the time of sale which has been sold and terms were not closed. Rise realty defined hidden buyer in the transaction. Rise’s Keith Darby and Viktoria Telek handled the […]
Miami coastal condo prices up 30 percent; sales activity highest since 2006
The average sales price of condominiums in Miami raised 30.1% total sales activity in the fourth quarter, reaching the highest level since 2006. Miami’s single-family market with the most activity with 22.8% jump sales to 2,028 in total, while condo sales activity rise 9% to 3,178. Total of 5,206 units bought in the final three […]
Dubai real estate market heats up again. Is it a recovery?
After the real estate decline sent the Dubai real estate market into a tail roll with prices fell 50% at the least point. The market rebound is caused in part by lender from the Middle East and South Asia who are looking for a safe cover to estate their money. Proof of return was given […]
Investors pay $15 million for 222 apartment units in Tamarac bulk buy
A set of Real Estate investment has paid 15 million for 222 units in the 291-unit Jasmine Condominiums apartment complex in Tamarac which was arranged by Marcus & Millichap, Jasmine Palms located at 8650 NW 61st Street in Tamarac and is currently handling 222 units as apartments. The seller was an Israel-based private investment company while […]
Renovation work to begin on Langford Hotel project in downtown Miami
The renovation of Miami National Bank Building also known as Langford building located at downtown Miami into the Langford hotel will start with $6 million initially according to to Stambul USA which is the one reconstructing the building. The 130-room hotel will be located at 121 SE streets. They believe this will help with the improvement of […]