The Pink Palace on St. Pete Beach has a new owner. The Loews Don CeSar Hotel was purchased by Host Hotels & Resorts and will be managed by Davidson Hotels more
Commercial Real Estate
Why Commercial Real Estate Owners Will Salivate Over the Republican Tax Plan
There’s a lot to love in the GOP tax plan for the commercial real estate industry. “If the bill comes together as envisioned it will be a positive for the more
Fort Lauderdale Condo Hotel to Open Oct. 10
Hurricane Irma delayed the opening of the Conrad Fort Lauderdale Beach resort until Oct. 10. The 24-story condo hotel had been scheduled to open by the end of September for more
Vinik-Cascade Team Unveils Plans for 500-room Hotel for Water Street Tampa
“A true game-changer,” said Alex Kaptzan, vice president of convention sales at Visit Tampa Bay. The new hotel will not only help convention recruiters book larger groups, but it should more
Prime Hospitality Group and Shaner Hotels Set for Winter Debut Art Ovation Hotel in Sarasota, Florida
Art Ovation Hotel will be the newest addition to downtown Sarasota when it debuts this Winter. The 162-room boutique hotel will be an Autograph Collection Hotel, and plans to make more
Hotel Inventory on the Rise in Sarasota County
Sarasota County will add more than 1,000 hotel rooms within the next two years, according to a press release. Most of these hotel rooms will be centered around Sarasota’s downtown more
Condo Tower Marks First Phase of Quay Development
The owner of the Quay is moving ahead with plans to build out the vacant downtown bayfront land, filing documents Friday for an 18-story condominium north of the Ritz-Carlton, Sarasota. more
JW Marriott to Be Built at Orlando’s Bonnet Creek
Another JW Marriott hotel is coming to Orlando, and it will be built at Bonnet Creek, a resort development surrounded by the Walt Disney World Resort. Construction of the JW more
California REIT pays $175M for Oceans Edge Hotel and Marina in Stock Island
Sunstone Hotel Investors paid $1 million per room for the 175-room Stock Island resort, according to a press release. Developer Pritam Singh of Singh Co. opened the $25 million Ocean’s Edge more
Related Companies Buys Brickell Heights Retail Space For $12.2M
Related Group sold the 30,000 square foot retail space that was recently leased by Equinox along with the 6,000 square foot space that will soon be home to SoulCycle to more
Steinbrenner Family Sells Ocala Hotels
Three Ocala hotels owned by the Steinbrenner family were sold recently to a Canadian-based company for more than $30.7 million. Sold were the Courtyard by Marriott at 3712 SW 38th more
Mixed-use $380M Project on Miami River Near Health District Begins Construction
After a delay of nearly two years during litigation, the River Landing mixed-use project on the Miami River is moving ahead with construction. Located near Miami’s Health District, the project more
Exoskeleton Tower Rises in Downtown Miami : Video
One of last designs from the mind of late superstar architect Zaha Hadid is now rising in downtown Miami. An undulating exoskeleton and novel construction define the unusual condo tower. more
Mast Capital, Angelo Gordon & Co. buy Conrad Brickell for $72M
Mast Capital and Angelo Gordon & Co. just paid $72 million for the Conrad Miami hotel on Brickell Avenue, sources told The Real Deal. The 203-key luxury hotel was on more
Brooklyn Standard, Cohen Commercial Buy 10-building Bronx Portfolio for $27M
Brooklyn Standard Properties and Cohen Commercial Properties picked up a 10-building Bronx multifamily portfolio for $26.5 million, the firms told The Real Deal. The investment firms partnered to buy the more
Blue Road Buys Redbury South Beach for $32M, Plans Expansion
Blue Road, led by principals Jorge Savloff and Marcelo Tenenbaum, will also manage the 69-room hotel, replacing Sbe, a spokesperson said. The Art Deco property at 1776 Collins Avenue sold for about more
Related at the Center of Federal Affordable Housing Investigation in South Florida
South Florida’s biggest developer is being investigated by the U.S. Attorney’s Office as part of an expanding probe into South Florida’s affordable housing industry. Federal authorities are looking into whether Related Group‘s affordable more
Jimmy Buffett’s Margaritaville-Themed Real Estate Empire Is Growing Quickly
Jimmy Buffett adores his fans as much as they adore him. So, when the music legend announced to his Parrotheads that he was currently building a string of Margaritaville-inspired active more
Toronto Firm Pays $33.2M for Boca Raton Shopping Center
New York-based Cohen Commercial Properties affiliate New Carteret Shopping Center Association sold Shoppes at Boca Greens, a 109,228-square-foot property at 19625 S State Road 7, for about $300 per square foot. Cohen bought the 15-acre shopping center in more
10 Big New Commercial Real Estate Developments Around the Southeast (Slideshow)
Commercial real estate development is booming around the Southeast. Here’s a look at 10 big new projects reported by American City Business Journals. Check out the slideshow to see images more