08/27/08

June 2008
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Will sales be fit at Canyon Ranch?

Canyon Ranch's Miami Beach complex is the latest addition to the oceanfront skyline and the newest member of a well-recognized family of luxury health resorts and spas...
By Jennifer LeClaire

Argent's plan for Omni built on subsidy

Not too long ago, developer Argent Ventures planned to build six residential towers on top of the former 1.2 million-square-foot Omni International Mall in downtown Miami. In a tough real estate market, that $1 billion project has been reshaped as a $142 million plan for the Offices at the Omni. And even the scaled down plan is predicated on a significant public subsidy.
By Erik Bojnansky

No Santa Claus for unsold condos

Welcome to the era of the distressed condo market, in which developers of the 75,000 condo units recently completed, or about to come online, are aggressively looking for ways to sell their excess inventory.
By Mary Duan

Eric Sheppard back in his backyard

After spending most of his career developing real estate projects beyond Florida's borders, Sheppard is making his mark in his own tropical backyard.
By Jennifer LeClaire

Brokers box it out

The Mansion, a nightclub in Miami Beach, was rocking April 10 with a series of bouts pitting members of the commercial real estate community against each other.

Young guns: Honorable mention

Choosing 10 young commercial brokers to feature wasn't easy; competition is tough in South Florida. Here are another five who deserve at least an honorable mention.
By Erik Bojnansky

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Young guns: The changing face of commercial real estate

A new generation of South Florida commercial real estate brokers is making a mark on the industry. Here is a look at 10 of the hottest "young guns" who are worth watching.
By Erik Bojnansky
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The Closing: Tibor Hollo

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Developer Tibor Hollo is chairman and president of Florida East Coast Realty. Over 30 years ago, he forged a path for the future by constructing the first high-rise building on Brickell. His latest development, One Bayfront Plaza, a $1.8 billion development on Biscayne Boulevard, is poised to be the tallest building in Miami.
By Jennifer LeClaire

Publisher's note

The Real Deal came to South Florida to bring the local industry a news publication worthy of poring through and walking away from with information that will actually help you become a better and more knowledgeable real estate professional. A publication consisting of more than party pictures and press releases. We are committed to continuing to bring you the best news available in the South Florida real estate market. We know the readers here love us, and we hope to gain the overall support of the industry itself in the same way.
By Amir Korangy

NAR settlement gets mixed reaction from South Florida realtors

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Real estate brokers who operate virtual offices are celebrating this week. That's because Internet-based realtors will finally get access to the coveted Multiple Listing Service, or MLS. But South Florida brokers who work for more traditional brokerage firms have more mixed reactions to the decision, from dismissing the importance of the decision to pointing out how it could be harmful.
By Jennifer LeClaire

Diversity gains more ground

When it comes to commercial real estate, making deals is all about who knows you. For decades, that's meant a long slow climb toward the top of the profession. But new technology, new educational opportunities and a new emphasis on diversity are changing the way business is done, while also changing the face of commercial real estate. By Erik Bojnansky

Florida agent numbers drop off

Several years after its peak, the market is still spiraling downwards, and it's taking the number of brokers in the state down with it. Year-over-year, membership in the Florida Association of Realtors has shrunk 12 percent, from 145,781 members in April 2007 to 129,691 in April 2008. By Jovana Rizzo

Coldwell Banker wins battle of the brokers

Miami real estate brokers battled last month, but it wasn't over who would make the most sales this summer -- it was over who could make the best cocktail. Miami developer EA Fish Associates and the Realtor Association of Greater Miami and the Beaches hosted its second "Battle of the Brokers" on May 29.
By Jennifer LeClaire

Forum discusses credit crisis blues

Miami's real estate woes are just a bump in the road — albeit a big one — and more a factor of credit market woes than problems with the local real estate market. That was the conclusion of a panel of experts who took part in a forum May 14 at the Four Seasons Hotel in Miami.

Will hurricane season scare off more buyers?

Meteorologists are forecasting what could be a record year for hurricanes at worst; a worse-than-usual season at best. The multimillion-dollar question is this: How will it impact local real estate sales?
By Jennifer LeClaire

A d v e r t i s e m e n t s