HERE0:4

Most Recent

Vintro Hotel Sells for $20M
www.costar.com

Henley USA, the U.S. investment arm of Surrey, England-based Henley Investments, purchased the 50-room The Vintro Hotel at 2216 Park Ave. in Miami Beach, Florida, for $20 million, or about $400,000 per key, from Encotell LLC. The 26,685-square-foot hotel building was the former Lido Park Hotel, which was gutted and completely renovated in 2014. It […]

6
Like
Save
Cleveland Developer Buys Central Avenue Office Site in Redevelopment Play
www.costar.com

Development firm The NRP Group acquired a 9,950-square-foot office building off of Central Avenue in St. Petersburg, Florida in part of a redevelopment project. The Cleveland-based firm purchased the building, which sits on a 2-acre site, from Castlefrank Florida Holdings LP for $7.2 Million, or about $724 per square foot. Located at 1701 Central Ave., […]

8
Like
Save
Real estate agent admits to defrauding Fannie Mae
www.mpamag.com

The Florida man faces up to five years in federal prison

5
Like
Save
Disrupting the World
www.selectleaders.com

Amazon.com has made another move on its course of global disruption. Over the past decade, the company has formed creative partnerships with the likes of FedEx, UPS and the U.S. Postal Service to handle the logistics of delivering packages across country. Yet in an effort to keep up with its surging growth, the online retailing […]

9
Like
Save
Residential On the Way at Signature Development Near Miami
www.costar.com

Construction is due to start this month on the first residences at Dania Pointe, one of the largest mixed-use developments under way in metropolitan Miami. The first 264 of 600 apartments at Avery Dania Pointe will likely start leasing late next year and be ready for occupancy in 2020, said Stuart Meyers, chairman of project […]

9
Like
Save
Luxury Condo Glut Forms in Downtown Miami, Suburbs
www.costar.com

Credit: Paul Owers for CoStar Group. Downtown Miami isn’t the only area in Miami-Dade County saturated with luxury condominiums, a sign buyers may be seizing control of the softening market. Sunny Isles Beach, an upscale suburb in the northeastern part of the county, has almost 600 units listed for sale at $1 million or more, […]

9
Like
Save
Former Mack-Cali Chief Rudin Named President of Savills Studley
www.costar.com

Mitchell E. Rudin, a veteran New York real estate executive who previously held senior positions at CBRE, Brookfield and Mack-Cali Realty Corp., will join Savills Studley as its next president, succeeding Michael Colacino who is stepping down at the end of 2018. Former Mack-Cali Realty Corp. Chief Executive Mitchell Rudin, who abruptly departed the New […]

7
Like
Save
Offices, Retail Part of Public-Private Partnership Proposed for Florida's Surfside Civic Center
www.costar.com

Rendering courtesy of Pointe Development Company. A developer is proposing Class A offices and retail as part of a $33.5 million project that also would feature a new town hall, civic center and police station in Surfside, Florida, a small oceanfront town north of Miami Beach. Pointe Development Company wants to build about 61,000 square […]

2
Like
Save
Florida man admits laundering $3.7m from mortgage fraud scheme
www.mpamag.com

$4.3 million in proceeds of an identity theft tax refund scheme were also laundered

5
Like
Save
RLJ Lodging Trust Sells Renaissance Vinoy St. Petersburg Resort & Golf Club for $185 Million
www.costar.com

Publicly traded real estate investment trust RLJ Lodging Trust sold the Renaissance Vinoy St. Petersburg Resort & Golf Club in St. Petersburg, Florida, for $185 million. The Bethesda, Maryland-based hotel investor sold the resort to SCG Hospitality, which is tied to the National Football League’s Tampa Bay Buccaneers co-owner Bryan Glazer, according to local media […]

8
Like
Save