It features a private beach club overlooking the bay, cabanas, a pool, restaurant and bar; a library and billiards room, summer kitchen and lounge area, gym and full service spa. more
Commercial Real Estate
Inside the Four Seasons Hotel New York’s Stunning $120 Million Renovation
Nearly 20 years after making hotel history with its $50,000-per-night Ty Warner Penthouse, the Four Seasons Hotel New York is dropping jaws again—this time with a $120 million facelift. Overseen more
Kash Group Buying Morgans Hotel for Condo Conversion
The real estate investment firms are converting the hotel into about 90 condo units on the upper floors, as well as a ground-floor restaurant and three floors of either hotel more
Downtown Construction Boom Far From Over in Sarasota
The latest project now expected to break ground this month is The Mark along State Street and Pineapple Avenue. It will add 157 units, a rooftop pool and 35,000 square more
RLHC Relaunches Signature Inn Brand
Red Lion Hotels Corporation announced that it is relaunching its Signature Inn economy brand. The new concept is intended to attract more developers and franchisees to the brand, which has more
Downtown Sarasota Development Projects Interactive Map
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David Beckham Wins $9 Million Land Deal for Miami Soccer Stadium
The 9-4 vote by Miami-Dade commissioners gives Beckham the right to buy the remaining third of his planned nine-acre stadium site in Miami’s Overtown neighborhood. A short walk from the more
Stiles and Rockefeller Sell Downtown Fort Lauderdale Tower for $134M
Rock-French Quarter, a joint venture between Rockefeller Group and Stiles Corp., sold the 254-unit tower at 215 S.E. 8th Ave. to Amaray Las Olas by Windsor, managed by Boston-based GID more
Related Closes $115M Construction Loan for Hyde Beach House Hollywood
Related Vice President Eric Fordin told The Real Deal in December that the developer was in talks with a lender to close on a loan exceeding $100 million for the more
Trump Organization to Go Budget Friendly With ‘American Idea’ Hotel Chain
On Monday, the Trump Organization announced plans for a new three-star hotel chain with a patriotic flair, echoing President Trump’s campaign slogan about putting America first and reflecting the organization’s more
Charlotte Marriott City Center Hotel Sells for $152 Million
The Charlotte Marriott City Center hotel that received more than $40M in capital improvements over the past year was acquired last week for a record-setting amount. The sale is Charlotte’s more
Wyndham Launches Soft Brand Called Trademark
Fifty properties are poised to join the portfolio, either via commitments from owners of existing properties or from those looking for new-construction opportunities, according to the company. Properties that join more
Fund Buys Boynton Retail Center for $47.3M
A real estate investment fund closed its $47.3 million acquisition of a Publix-anchored shopping center in Boynton Beach after submitting the winning bid for the property at a bankruptcy auction. Developer more
HFF Closes Sale of Seaside Amelia Inn on Amelia Island, Florida
Seaside Amelia Inn, at 2900 Atlantic Avenue, is located steps away from the Atlantic Ocean and Fernandina Beach, one of Florida’s most pristine coastal destinations, and off the coast of more
Xenia Hotels & Resorts Acquires Hyatt Regency Grand Cypress In Orlando For $205.5 Million
“The acquisition of Hyatt Regency Grand Cypress represents a unique opportunity to increase our presence in the Orlando market, a market we know extremely well and believe to be poised more
EXCLUSIVE: Historic Downtown Miami Building Could Be Redeveloped for New Hotel Chain
The 91-year-old Dade-Commonwealth Building in downtown Miami could be redeveloped to more than double in size so a Spanish hospitality company could transform it into its first hotel in the more
South Beach Hotel Sells for $24M
The Crest Hotel Suites in South Beach was acquired by local development group Blue Road for $24 million. The price equated to $347,826 per room. It last traded for $1.6 more
Details of Proposed Chinatown Development in North Miami Revealed
Plans for North Miami’s proposed Chinatown are moving forward, and property values are expected to rise in the area… The details were revealed last week as North Miami residents, architects, planners more
Real estate Buyers From China, Elsewhere in Asia Increasingly Eye Miami
Despite measures by its government to curb capital outflow, China is still dominating the global real estate scene. A look at the numbers shows that investment in Florida real estate more
Hot Growth Regions for Real Estate Investing in the USA
These regions are ripe for commercial real estate investment with probable higher than usual equity appreciation and value creation due to population growth which requires additional consumer services such as housing, more