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Ocean Manor Beach Resort in Fort Lauderdale, Fla.
News

Hurricane Ian's Damage Drives Demand For Florida Hotel Rooms

... sharp increase in demand as residents whose homes in southwest Florida were damaged or destroyed look to find shelter. Occupancy has ... , reporting activity totaling to 20,000 extra extended nights in Florida, Georgia and South Carolina. “I believe a lot of ...

Oct 09, 2022
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Hurricane Idalia National Hurricane Center NOAA via Twitter August 30 2023
News

As Hurricane Idalia Deluges Florida, Property Insurance Exposure Exceeds $238B

... to make direct landfall in less-populated counties along Florida’s Gulf Coast. Firefighters were rescuing St. Petersburg ... Mainsail Insurance Co. and Tailrow Insurance Co. — entered the Florida market this year.  Despite the market fluctuation, changes to ...

Aug 30, 2023
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Mandarin Oriental Hotel and Condo Boca Raton 103 East Camino Real Penn-Florida Via Mizner
News

This Week's South Florida Deal Sheet: Delayed Mandarin Oriental Boca Raton Lands $300M Loan

... Real Estate Group, both based in Miami, purchased two South Florida Walgreens for $15.6M in an all-cash deal, according ... $171M in construction financing for two residential projects in South Florida, Commercial Observer reported.  U.S. Bank added $66M to a ...

Aug 28, 2023
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3800 NE Second Ave. Storefront Miami Design District
News

Design District Retail Buildings Sell For Nearly $4K Per SF: The South Florida Deal Sheet

... home to tenants like IK School of Gymnastics, the South Florida Business Journal reported. The property last traded for $2M in ... GP LLC, the ownership entity of the building, the South Florida Business Journal reported. The new owner of the 15-story ...

Jul 21, 2025
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Hurricane Ian 2022
News

Hurricane Ian's Destruction Will Include Possible $7B Blow To Florida Hospitality Industry

... also undetermined but probably significant damage to hotels. Damage to Florida’s tourism infrastructure, mostly hotels, could reach $5B, ... U.S. state, with 21.7 million residents, Florida real estate is increasingly at risk from periodic hurricanes. ...

Sep 29, 2022
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Galt Mile Condos Fort Lauderdale Broward County
News

South Florida Cities Search For Solutions To Prevent ‘Senior Exodus’ Caused By New Law

... Lauderdale City Commission discussed a resolution Tuesday to urge the Florida Legislature to create a grant or low-interest loan program ... a problem that will plague condo owners up and down Florida’s coast.  “I looked at the state because the state ...

Aug 23, 2023
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South Flagler House Related Cos 1355 South Flagler Drive West Palm Beach
News

This Week's South Florida Deal Sheet: Related Pays $195M For West Palm Beach Site

... Glades Road was purchased from a partnership led by South Florida real estate investor Evelyn Langlieb Greer, who is also ... New York-based real estate firm Spiegel Associates, the South Florida Business Journal reported. The seller was an entity called ...

Aug 21, 2023
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Wynwood Plaza Roof mixed-use development in Miami
News

OKO Group Leases Wynwood Plaza Office: The South Florida Deal Sheet

... , signed a 25K SF lease at Wynwood Plaza, the South Florida Business Journal reported. Oak Row and L&L developed the ... resort in 2013 and renovated it in 2017, the South Florida Business Journal reported. *** O’Connor Capital Partners purchased a Palm ...

Jul 14, 2025
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Former Flea at 12691 NW Le Jeune Road in Opa Locka
News

Blackstone Offloads Industrial Site In Opa-Locka: The South Florida Deal Sheet

... in the second half of 2023, the South Florida Business Journal reported. Link sold phase one ... of $16M from City National Bank of Florida. The 16 acres have proposals for a ... of more than 3,200 rental homes in Florida and more than $5M in rental financing, ...

Jun 30, 2025
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Brookfield Resort In South Florida Changes Hands In Record-Breaking Joint Venture Deal
News

Brookfield Resort In South Florida Changes Hands In Record-Breaking Joint Venture Deal

... heights and make it the go-to destination in South Florida.” A spokesperson behind the JV declined to comment on the ... Hotel Group.  The industry’s heightened performance, especially in the Florida market, was a major driver for the Diplomat deal, per ...

Feb 03, 2023
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