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FORT LAUDERDALE, FL-Omni Equities Ltd. is reported to have purchased a 1.75-acre of land Downtown for about $9 million to develop a 42-story apartment or condominium tower. The seller owned the site for less than a year and flipped it for a $1 million profit.
HOLLYWOOD, FL-The Seminole Indian tribe, which opened the country's first high-stakes bingo hall on reservation land here back in 1979, is preparing to break ground on a new $300 million development of gaming and complementary facilities. But it first must clear the local site of an existing mobile home and travel-trailer park.
FORT LAUDERDALE, FL-Buoyed by a 40% jump in third-quarter profits, locally-based Extended Stay America Inc. will boost future investment in new projects by $100 million annually. This year it expects to open 30 properties costing around $250 million.
POMPANO BEACH, FL-Locally-based Zenith Realty Investment has assembled
MIAMI-Latest population estimates (1999) by the Census Bureau show that while Miami-Fort Lauderdale continues to be one of the nation's fastest growing metropolitan areas, population is not increasing nearly as fast as it had been. Metro Atlanta has displaced Miami-Fort Lauderdale as the country's 11th largest urban center.
FORT LAUDERDALE, FL-Developer R. Donahue Peebles is again on track to build a 500-room Westin hotel next to the Broward County Convention Center. County commissioners have backed away from their threat to declare Peebles in default of his original agreement after minority business leaders rallied to his defense.
MIAMI-South Florida's luxury condominium apartment market is now more centered than ever in Miami-Dade County. Not only is most of the region's newly constructed condo housing here, but so are nearly all conversions from rental properties.
SUNRISE, FL-Lured by a $4.2 million incentives package, Sam Zell's American Classic Voyages Co. will be relocating next year from Chicago to a new 230,000-sf office building breaking ground here Nov. 8. Codina Development Corp. of Coral Gables, FL is the general contractor.
CORAL GABLES, FL-After completing the 14-story Verona Tower at Deering Bay Yacht & Country Club in the local Old Cutler area last May, Watermark Communities Inc. has begun the Siena multifamily building of similar size. The Bonita Springs, FL-based company also plans a $150 million expansion of the Jupiter Yacht Club in Palm Beach county.
WEST PALM BEACH, FL-A company representing interests of Miami Beach financier Victor Posner has embarked on a new move into South Florida real estate development. The initial focus is on Palm Beach County projects.
From Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download ResourceFrom TheGuarantors
Renter default is a critical challenge. This report, based on a survey of 400+ multifamily professionals, reveals key trends, economic drivers, and mitigation gaps to help you build resilience in 2025. You'll gain insights into the root causes of renter default, the operational strains it can put on your portfolio, and strategies you can leverage to protect your investments and maintain stability.
Download ResourceFrom Building Engines
How do your building operations measure up? Use this detailed scorecard to evaluate your operational approach across five key areas.
Download ResourceFrom TheGuarantors
Skyrocketing economic uncertainty means it’s essential for multifamily owners and operators to strengthen risk mitigation capabilities. Discover expert insights from industry experts, including the President of NMHC, to tackle 2025 challenges such as slower lease-ups, cost pressures, renter fraud, high reliance on concessions, and more.
Download ResourceFrom Placer.ai
Dive into the data to explore domestic migration patterns over the past four years -- and uncover states and metro areas emerging as relocation hotspots in 2025.
Download ResourceFrom Assurant
Picking the right renters insurance can be a headache. This guide will help you find the perfect partner for your multifamily properties so you can boost resident participation and lower your risk.
Download ResourceFrom Placer.ai
Are you noticing unexpected shifts in office occupancy and commuter behavior? This report reveals how evolving work patterns are challenging CRE brokers and offers crucial, data-backed insights for 2025. Discover a detailed analysis of office visit fluctuations, an in-depth look at midweek work trends, accurate forecasts for market recovery, real-world examples to inform strategic decisions, and actionable metrics to guide client advising. Download your copy today!
Download ResourceFrom Placer.ai
Discover which 10 retail and dining brands are positioned for potential growth in 2025, and three surprise contenders that could make a major impact.
Download Resource