Month: March 2018

Foundry buys out partner in Sunrise office complex

Sawgrass Lake Center and Paul Ellis of Foundry Commercial (Credit: Foundry Commercial and HFF) Orlando-based Foundry Commercial just bought out its partner in an office complex in Sunrise with American Realty Advisors for $57.4 million, property records show. Long Wharf Real Estate Partners sold its stake in the 239,000-square-foot Sawgrass Lakes Center building at 13450 …

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Open to all ages: Codina to bring senior and assisted living to Downtown Doral

Rendering of Downtown Doral and Armando Codina From pre-kindergarten to old age, Downtown Doral is now planning to offer options for people of all ages. Codina Partners is bringing assisted and senior living to the mixed-use, master-planned community in two deals, the first with apartment developer Greystar. The Charleston, South Carolina-based firm recently paid $14 …

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Flip this golf course: Hoyer Homes turns a profit on greens in Deerfield Beach

Crystal Lakes Golf Club and Lennar’s Stuart Miller (Credit: crystallakegolfcourse.com and Lennar Corporation) After settling a contentious lawsuit with its previous owner, developer Hoyer Homes just flipped the Crystal Lakes Golf Club in Deerfield Beach to Lennar Homes for $12.8 million Just a day earlier, Hoyer had purchased the golf facility for $9.8 million from …

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Here are the cheapest San Francisco neighborhoods for rentals right now

After a year that saw rents reach new heights in San Francisco, prices have largely stabilized in the city, according to data from real estate listings site Zumper. While it’s hard to make the argument that the city is becoming more affordable – especially since San Francisco’s rents still remain the highest in the entire …

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Dennis Quaid sells Austin home in high-end, gated community

Actor Dennis Quaid has sold his nearly 5,000-square-foot home on Lake Austin. The Hollywood star — who’s known for movies like “The Big Easy” and “The Rookie” — recently sold the property in the gated Marina Club development near Austin Country Club for nearly $3.5 million, the Wall Street Journal reported Friday. Austin Business Journal reported …

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Subcontractor opportunities, high-tech housing: What's ahead for Unicorp's $200M Griffin Farm at Midtown

The project is expected to create nearly 2,400 jobs. Source: http://feeds.bizjournals.com/industry_21

House flipping company Opendoor targeting $2B valuation

Eric Wu (Credit: Guy Kilroy via Flickr) The house flipping company Open Door Labs Inc., which does business as Opendoor, is looking to raise at least $200 million from investors at a valuation of about $2 billion. The money is meant to help the company expand its business to markets and metro areas across the …

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Condo, townhouse project near Plaza Midwood eyes early 2019 opening

A condo and townhouse project on a high-profile corner near Plaza Midwood will break ground in the coming months. Originally scheduled to begin construction early this year, the project includes 12 condos and 21 townhouses on McClintock Road, between Nandina and St. Julien streets. The Drakeford Co., the project’s master developer, has hired Savvy + …

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Chicago-style density, grocery among new adds to $160M Battelle redevelopment

The 21 acres of land Battelle is selling south of its campus will soon be home to a $160 million mixed-use redevelopment. Among the new details: The developers are going to bring in a 39,000 square foot grocery, likely to fill out most of the retail space, and the size of the hotel has grown. …

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SA Conservation Society honors local developers at annual awards dinner

The San Antonio Conservation Society on Wednesday evening hosted its 69th annual Historic Preservation Awards, which honors local developers, architects, craftsmen and others who have played a significant part in preserving and redeveloping some of San Antonio’s most important historic structures. At the dinner held at the San Antonio Country Club, the Conservation Society gave …

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