Month: April 2018

Home sale of the week: This house sold for $3.2M in Windermere

The most expensive house sold in Central Florida the week of April 22-28 was at 6120 Kirkstone Lane in Central Florida’s upscale town of Windermere, which is home to professional athletes, among other celebrities. The home went for $3.2 million, or $459 per square foot, and the original list price was $3.45 million, according to the …

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New England Development pays $15M for Palm Beach hotel

  Bradley Park Hotel and Khaled Hashem New England Development paid $15.4 million for the Bradley Park Hotel in Palm Beach, property records show. The New Bradley House Limited, led by Gayla Sue Levin, sold the 32-key hotel at 280 Sunset Avenue to New England Development affiliate Bradley Park Owner LLC. The Boston-based buyer plans …

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CBRE's Bukhshtaber closes on four multifamily deals totaling $82 million

The buyers were not disclosed, but Bukhshtaber said the properties sold to national and out-of-town owners. Source: http://feeds.bizjournals.com/industry_21

Should City Council control Philly property values? New bill says yes.

A battle is raging in City Hall over the latest round of property reassessments and now, a faction of City Council members have introduced a new weapon in the fight: their votes. As the city’s laws now stand, the Philadelphia Office of Property Assessment is responsible for setting the values that determine how much property …

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Exclusive: Feazel Roofing to build new headquarters in New Albany

Fast growing Feazel Roofing Co. will move from Westerville to New Albany, where it wants to build its new headquarters. Owner Leo Ruberto told me the company will build a 24,500-square-foot building off Walton Parkway, just east of New Albany-Condit Road at the bridge over Rt. 161, which will serve as a new headquarters for …

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DDR and Blackstone sell Miramar shopping center for $40M

Fountains of Miramar and Stockbridge’s Terry Fancher and Sol Raso (Credit: Cushman $ Wakefield and Stockbridge) A joint venture between real estate investment trust DDR Corp. and Blackstone just sold a shopping center in Miramar for $40 million, property records show. The buyer of the Fountains of Miramar, at 3001 Southwest 160 Avenue, is a …

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Costco pays $6M for lot in Coral Springs, plans to build new store

Costco in New Brunswick, Canada and Wrightwood Financial’s Bruce Cohen (Credit: Google, Wikipedia and Wrightwood Financial) Costco is one step closer to building its new store in Coral Springs. Property records show Costco Wholesale Corp. just paid $6.1 million for a 14-acre lot on the northeast corner of Wiles Road and Coral Ridge Drive, where …

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Luxury Bellbrook home on the market for $725,000

The luxury home at 3917 Creekway Trail is 5,740 square feet and has four bedrooms. The home was built in 2002. Click the gallery to see photos of the home. The home has four bathrooms and one half-bathroom. The interior features Brazilian cherry hardwood floors, built-in cabinetry, and large windows that provide ample natural light. …

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Marriott Vacations to buy Miami-based ILG for $4.7B

A Marriott Vacations Club property in South Beach Marriott Vacations Worldwide Corp. will buy Miami-based ILG Inc. for $4.7 billion, the companies announced on Monday. The deal, a combination of cash and stock, will create the largest portfolio of luxury timeshare vacation resorts with a combined revenue of $2.9 billion and more than 100 vacation …

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Once the country's largest spec house, this opulent Preston Hollow mansion is on the market for $13M

Once compared to Shangri-La, a Preston Hollow estate known simply as “The Mansion” is on the market for nearly $13 million. Built in 1985, at that time the home at 9006 Douglas Ave. was published as the biggest spec home ever constructed in the U.S. In a 1988 report, the Chicago Tribune also said the …

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