loader

Watson Island condo revamp? Developers’ $160M+ purchases of city-owned sites head to Miami voters

Voters will decide whether the city can sell land on Miami’s Watson Island to two development groups in separate deals geared at developing more condos. Ecoresiliency Miami, a joint venture between ESJ Capital Partners and David Martin’s Terra, would tentatively pay $135 million for 5.4 acres that are currently part [...]

L+R Hotels’ $22M loan on Fort Lauderdale Marriott enters special servicing 

A $22.4 million loan on the Fort Lauderdale Marriott North entered special servicing, according to data from Morningstar Credit, further evidence of South Florida commercial property distress. The loan on the 315-key hotel at 6650 North Andrews Avenue was put into special servicing late last month due to a Dec. [...]

Lisa Hochstein’s boyfriend sells waterfront Miami Beach home

Tech CEO Jody Glidden, the boyfriend of Lisa Hochstein of “The Real Housewives of Miami” fame, sold his waterfront Miami Beach home to his next-door neighbor. Glidden sold the 3,629-square-foot, four-bedroom, four-bathroom home at 240 South Hibiscus Drive for $11.9 million to the recent owner of the waterfront house next [...]

One Sotheby’s taking over sales of Michael Stern’s Dolce & Gabbana condo tower

Michael Stern’s JDS Development Group replaced Official, the brokerage co-founded by Tal and Oren Alexander brothers, as the sales and marketing firm for 888 Brickell, the Dolce & Gabbana-branded condo project in Miami. One Sotheby’s International Realty is taking over sales of the planned condo-hotel tower at 888 Brickell Avenue, [...]

Toll Brothers' record shows the housing boom has no end in sight

Read full story for latest details. [...]

Should I get a fixed- or adjustable-rate mortgage?

Read full story for latest details. [...]

Zillow buys a mortgage lender and the stock tanks

Read full story for latest details. [...]

Looking for a home in Berlin or Budapest? Prepare to pay more

Europe took 11 of the top 20 spots on a ranking of cities with the largest price increases in the first quarter, according to global property agency Knight Frank. [...]