Palm Springs North
REAL ESTATE
6 Florida Places You Might Not Be Able To Afford Now Due to Fast-Growing Home Sale Prices
Home listings in Florida are up 40.1% year over year, according to RedFin. When a housing market has a supply increase like that, it tends to decrease home prices. But what's true for the state...
Families at Heron Pond rush to leave by deadline after condos deemed unsafe
Several families at the Heron Pond Condominium in Pembroke Pines were seen rushing to leave their homes by the end of Thursday, facing a critical deadline given by the city for everyone to vacate the property due to structural safety concerns. Many of the people NBC6 spoke to say they...
Council and residents listen and react to details of proposed condo to replace Silver Sands
Despite some concerns from neighbors in the Tidemark building at Key Colony, well-known property developer David Martin and his associated staff with the Terra Acquisitions LLC group outlined benefits to Key Biscayne if their proposed 56-unit condominium is allowed to replace the Silver Sands Beach Resort and Hotel on the 3.98-acre site at 301 Ocean Drive.
Inside Billionaire Ken Griffin's Planned 54-Story Miami Skyscraper
Miami's storied skyline is set to change shape once again, thanks to another planned mega-tower. Local billionaire Ken Griffin has unveiled plans to erect a 54-story skyscraper in Brickell to serve as the new headquarters for his financial empire, Citadel. Griffin, a philanthropist and Republican megadonor who relocated his multinational hedge fund from Chicago to Miami in 2022, formally submitted plans this week to Miami-Dade County for the project at 1201 Brickell Bay Drive.
Return to Lender: Week of August 29, 2024
The Gabriel hotel at 1100 Biscayne Blvd. in downtown Miami was transferred to its lender through a deed in lieu of foreclosure valued at $62 million, reported the South Florida Business Journal. CGI 1100 Biscayne Management, which was previously controlled by Miami-based CGI Merchant Group but was transferred to Madison Realty Capital through a UCC foreclosure action over an allegedly defaulted loan, voluntarily relinquished ownership of The Gabriel to 1100 Biscayne Propco LLC, an affiliate of Madison Realty Capital Debt MA I Holdings B LLC.
Miami’s $1 million condo sales increase 6% in July and ranked #1 in the country in home price appreciation
Miami-Dade County's real estate market has been heating up this year as $1 million-plus condominium sales, single-family home sales and total home transactions were up year-over-year through July, according to data released by the MIAMI Association of Realtors (MIAMI) and the MIAMI Southeast Florida Multiple Listing Service (SEFMLS). Million-dollar condo...
From construction finance to fintech, Kristine Viera is on a mission to transform the mortgage industry
Kristine Viera never imagined her journey would take her from the trenches of construction finance to the forefront of fintech innovation. Yet, that’s exactly where she found herself as the founder and CEO of ClearCloser, a Miami-based startup aiming to revolutionize the mortgage industry. Viera’s story began in the...
552-Unit Rental Community, Retail Project Okayed by Doral
MG Developer received approval from the City of Doral for Doral Parc: Midtown Doral Phase IV, V & VI, a mixed-use development with 552 units across three 10-story buildings, as well as 22,740 square feet of retail throughout two new parking garages. This project is a joint venture between MG Developer and Ernesto De Lucas.
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