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Category: Press

Douglas Elliman signs lease at 5555 Biscayne

UPDATED July 24, 12:30 p.m.: Douglas Elliman plans to relocate its Design District office as well as its development marketing team to 5555 Biscayne Boulevard, The Real Deal has learned. The brokerage signed a lease for the entire...

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Aug 25, 2017

Thor puts Wynwood site on the market for $6.75M

Thor Equities just put a Wynwood development site on the market for $6.75 million, The Real Deal has learned. The 14,750-square-foot parking lot at 269-285 Northwest 27th Terrace is across the street from Thor’s mixed-use project...

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Aug 25, 2017

Alex Karakhanian pays $6M for Miami Design District building

Miami developer Alex Karakhanian paid $5.87 million for a building next to a project he recently completed in the Miami Design District. It traded hands for $1,305 per square foot, nearly double its previous sale in 2013. Property...

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Aug 25, 2017

Clarion Inn of Fort Lauderdale sold for $14M, will be renamed

  The Clarion Inn in Fort Lauderdale was sold for $13.75 million and will be renamed. Sunrise Hotel LLC, managed by Benjamin Mallah in Largo, sold the 145-room hotel at 1055 N. Federal Highway to Stambul Ventures, managed...

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May 30, 2017

Clarion Inn in Fort Lauderdale sells for $13.75 million; to become boutique hotel for Millennials

The Clarion purchase marks Giraldi’s debut into the Fort Lauderdale real estate market. He was attracted by a development renaissance in the neighborhood and the hotel’s close proximity to the beach. Broward’s strong tourism sector...

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May 30, 2017

Stambul pays $14M for Clarion hotel in Fort Lauderdale, plans redevelopment

  The developer behind the Langford Hotel in downtown Miami just closed on a property in Fort Lauderdale with plans to redevelop it into a boutique hotel. Miami-based Stambul, led by principal Daniel Pena Giraldi, paid $13.75...

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May 30, 2017

Jim Fried of Fried On Business talks to Tony Cho

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Mar 30, 2017

Jean Kelly selected as an agent for Metro 1 Commercial

Jean Kelly has been selected as an agent for Metro 1 Commercial, where she will cover the Allapattah area and the Magic City Innovation District in Little Haiti. She has over 10 years of experience in real estate and has sold over $16...

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Mar 20, 2017

News in brief: Marriott HQ, Trump, Iran

  Marriott chooses HQ site: Marriott International is staying in Bethesda, Maryland. The company’s search for a new headquarters has it staying in its current city outside Washington, D.C., on a US$600 million campus that will be...

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Jan 26, 2017

2017 Real Estate In The Sunshine Economy

  South Florida home prices continued climbing in 2016 even as the pace of sales slowed, especially for condominiums. The red hot real estate market has cooled, but it kept growing with developers making big plans. Some hope to...

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Jan 26, 2017
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