By Sean Stewart-Muniz The Claremont Companies just purchased a Marriott-branded hotel in Pompano Beach, property records show. Claremont, a development company based in Massachusetts, was transferred ownership of the 10-story building and almost all of its 89 suites, except for…
Strategic Hotels and Resorts owns 18 properties nationwide September 09, 2015 03:45PM From the New York website: Blackstone Group’s high flying real estate division continues to place massive bets on the U.S. property market, this time focusing their billions in hospitality.…
By Ina Cordle University Commons, an open-air shopping center in Boca Raton, has traded hands for $80.5 million, The Real Deal has learned. Regency Centers closed on the purchase of the 180,323-square-foot center at 1400 Glades Road on Sept. 1, a…
By Sean Stewart-Muniz A historically significant sliver of commercial property in Coral Gables that’s occupied by a bank was just sold for $2.25 million. The property, at 270 Alhambra Circle, is a thin two-story building that was first constructed in 1925.…
By Sean Stewart-Muniz A company tied to the Grass River Property development company just paid $14 million for an apartment community in Wilton Manors. The 156-unit community is named Palm Gardens. It’s was built in 1969 on 5.4 acres of…
By Katherine Kallergis Miami Beach investor Sam Herzberg is back in the Design District — this time with an $11.4 million acquisition, Miami-Dade County records show. A company led by Herzberg bought the two-story commercial building at 3800 Northeast Second Avenue last…
By Sean Stewart-Muniz A member of the Chetrit family just sold an apartment community in Hollywood for $19 million. The Royal Park Townhomes, a rental complex with 69 units, was sold by Hollywood Park Partners LLC in a deed filed…
By Sean Stewart-Muniz A development partnership just sold the newly built Jefferson at Monterra apartment community in Cooper City for $55.7 million. The community is part of Cooper City’s much larger Monterra housing development, which was built on 500 acres…
By Katherine Kallergis The Metropolitan Life Insurance Co. has sold two Miramar business parks for a whopping $82 million, according to Broward County records. MetLife sold the two buildings, Miramar Center I and III, at 3401 and 3601 Southwest 160th…
By Katherine Kallergis A 1940s motel has sold for more than two times its last sale in 2009, Miami-Dade County records show. Emperatore Holding LLC sold the 39-key property to Megapolis Corp. and Casa Bella – Toy 14 LLC last…