501 E Camino Real , Boca RatonThe historic Boca Raton Resort & Club has been sold to New York-based MSD Partners, according to a news release.An affiliate of Blackstone (NYSE: BX) has agreed to sell the 337-acre club at 501 E. Camino Real. Built in 1926, it has 1,047 hotel rooms, two 18-hole golf courses, a 50,000-square-foot spa, seven pools, 30 tennis courts, a 32-slip marina, 13 restaurants, and 200,000 square feet of meeting space.The Boca Raton Resort & Club will continue to be managed by Hilton under the Waldorf Astoria Hotels & Resorts brand.The seller was represented by Jeffrey Davis and Gregory Rumpel of JLL. The price of the pending deal was not disclosed.UPDATE:Billionaire Michael Dell paid $462 million for the 1,047-room Boca Raton Resort & Club in one of the largest hotel sales in South Florida in recent years. Property records reveal the Blackstone Group sold the 337-acre resort to Dell’s MSD Partners for nearly $441,000 per room. Goldman Sachs provided a $170 million loan.
Dixie hwy between 16th avenue north and 17th avenue north, Lake WorthOne developer , two rental brand new projects , one -Lake Worth.Affiliated is in the midst of the construction of the 230 units , called MID.Read more
Fisher Island developer Heinrich Von Hanau just got approved zoning changes to allow for a 57-unit, 10-story condominium building at 6 Fisher Island Drive and 12 single-family homes at 68 Fisher Island Drive. The new projects would bring the total number of residences on the island to 871 . Fisher Island is allowed a maximum of 1,400 residential units.Read more
The 2323 Apartments project will be eight stories and include smaller micro unit apartments. The project will have commercial and office uses on the ground floor, and 116 residences.Parking for up to 129 vehicles will be on the second and third floors.Indoor and outdoor amenities are planned, including a swimming pool above the parking levels.This project plans 47 micro apartments ranging from 385 to 388 square feet. Architect Ivo Fernandez of Modis ArchitectsRead more
The developers said they are considering building live-work units in Allapattah, and plan to have co-working space in the lobby. The existing building is currently leased to retail tenants. GlobalPro Ventures acquired the property in October for $1.9 million, records show.The site is zoned T6-8, which means that they can build up to eight stories high with about 70 to 80 units.Read more
Member only unique 2000 paid residents in gated island golf and marina community. Super safe and secured location with its own landing field , 11+ restaurants ( 24/7 service) , school ( from preK to 8th grade), 36 holes golf, 175 slip marina, art league with different classes , medical center, spa and gym, wiht everything for your pet!Read more
78 Southwest Seventh Street and 98 Southeast Seventh Street , Miami The combined $163 million purchase breaks down to $80.3 million for Two Brickell City Centre and $82.7 million for Three Brickell City Centre. Each building has about 130,000 square feet, which means they sold for roughly $630 per square foot.Read more