Douglas Elliman has just released their Q2 2020 Market Reports for South Florida, which were prepared by Miller Samuel, a leading independent appraisal firm. The reports, which cover the areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland, have revealed that the COVID-19 market shutdown during much of the second quarter caused sales to fall sharply in South Florida.
Read More
Luxury Home Builder Frank McKinney Sells His Final Direct Oceanfront Palm Beach Spec Home
Luxury home builder and award winning author Frank McKinney has sold his final direct oceanfront Palm Beach spec home which was completed in 2019 for $10.1 million, a record price-per-square-foot of $1,867. Located at 3492 South Ocean, the modern beachfront estate was unveiled with a lavish party which featured a stunt in which McKinney repelled from a helicopter onto the tropical modern home
Read More
Inside El Solano, John Lennon And Yoko Ono's Recently Listed Palm Beach Estate Asking $47.5 Million
Beatles and music icon John Lennon and his wife Yoko Ono purchased the oceanfront estate on Palm Beach’s billionaire’s row known as El Solano for $725,000 in 1980. That same estate is now back on the market for $47.5 million. El Solano was built in 1925 by iconic South Florida architect Addison Mizner before he sold it to Harold K. Vanderbilt.
Read More
TimeEquities Launches Leasing For Resort-Style Development CasaMara In West Palm Beach
Global real estate firm Time Equities, Inc. (TEI) has officially launched leasing at CasaMara, a mixed-use, resort-style development located in the heart of the El Cid neighborhood and the Antique Row District in West Palm Beach, Florida.
Read More
Former Top Silverstein Exec Launches Hyperion, A New Investment And Development Firm
Rob Vecsler, a former Silverstein Properties executive, has announced that after leaving Silverstein he is re-launching Hyperion Group, a South Florida and New York based real estate investment and development firm. Rob Vecsler spent the past six years at Silverstein Properties in New York, where he served as President of Residential Development and Head of Acquisitions
Read More
Douglas Elliman Releases June 2020 New Signed Contracts Report for Florida
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has released its second monthly recurring report for June 2020. The report focuses on the new contracts signed and new listings that entered the rapidly changing market in Douglas Elliman’s Florida regions of Miami-Dade, Broward, Palm Beach, Pinellas, and Hillsborough.
Read More
Tour Bamboo Hill, Lars Bolander And Nadine Kalachnikoff Kips Bay Decorator Show House in Palm Beach
Bamboo Hill, designed by and the personal residence of one of America's leading interior designers and tastemakers Lars Bolander and wife Nadine Kalachnikoff, has hit the market for $5,900,000. The home was built in 2007 as the Kips Bay Decorator Show House in Palm Beach.
Read More
6530 Allison Island
Douglas Elliman Releases May 2020 New Signed Contracts Report for Florida
Douglas Elliman in conjunction with Miller Samuel, a leading independent appraisal firm, has just released its May 2020 New Signed Contracts Report, which reveals that the number of newly signed contracts across property types in Florida was at a high last month, despite there being lower levels of new listing inventory coming online.
Read More
Ken Griffin Locks Down $49 Million Mortgage For $350 Million Palm Beach Assemblage
The multi-billionaire hedge fund magnate Ken Griffin, who founded the Chicago-based Citadel Securities, has locked down a $49 million mortgage from Citibank at 60 Blossom Way in Palm Beach. The loan was arranged by Providencia Partners. Griffin originally purchased the 18,452 SF mansion, which was built in 2008 and sits on 3.6 acres, in September 2019 in cash from real estate investor Frank McCourt.
Read More
19 Palm Avenue, Miami Beach
Douglas Elliman Releases Q1 2020 South Florida Market Reports
Douglas Elliman has just released their Q1 2020 Market Reports in South Florida. It reveals noticeably stronger results for listing inventory growth in the first two and a half months of the quarter until market awareness of COVID-19 occurred in mid-March, which slowed growth across South Florida in areas such as Boca Raton, Delray Beach, Fort Lauderdale, Miami Beach, and the Miami Coastal Mainland.
Read More