News about properties and real estate
The historic Mirasol apartment building near the entrance to Davis Islands has been sold and will continue as a multifamily rental property. The price for the 58-room building, built in the 1920s, was $10,375,000, according to Frank Carriera, an agent for Carriera Regan of Marcus & Millichap, which represented both the buyer and seller. Carriera …
Continue reading “Tampa’s historic Mirasol apartment building sells for $10.4 million”
The Keyes Co. and Illustrated Properties announced a merger on Wednesday, in a deal that makes the combined firm the largest independently owned real estate brokerage in Florida. “It’s really two families coming together,” said Mike Pappas, CEO of Miami-based Keyes. “We will be maximizing each other’s strengths.” The South Florida firms said they will …
Monday wasn’t the first time Tampa has tried to do something bold and visionary and transformative at the 23 acres of Julian B. Lane Riverfront Park. But at $35.5 million, City Hall has never put this kind of money into the effort. “This park is not cheap,” Mayor Bob Buckhorn said at a mid-morning ceremony …
Continue reading “Tampa launches $35 million redevelopment of Riverfront Park [Central Florida]”
The Kolter Group is finishing the first batch of three-story townhomes in a new gated development in Boca Raton.Kolter said 30 units at Moderne Boca will be ready by late August, and the developer hopes to have 15 to 20 contracts in place by then. Kolter plans to start sales of the remaining 45 units …
Continue reading “Kolter building three-story townhomes in Boca Raton [South Florida]”
A little more than two years ago, Kevin Maloney, the founder and principal of Property Markets Group, was talking about a possible partnership with a wealthy Emerati named Khadem al-Qubaisi who had flown in to New York for a meeting. Midway through their discussion, it came up that Mr. Maloney’s new friend needed an apartment …
Continue reading “Kevin Maloney’s PMG is Building Empires in New York and South Florida”
Don’t look now, but Hallandale Beach Mayor Joy F. Cooper has designs on making her city another Miami Beach. There’s a bit of exaggeration in that statement, of course, but not much.For starters, in the 10 years since she took office, the median age in Hallandale Beach city has declined from 70-plus to the mid-40s. …