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Real estate news in Houston

Master permit issued for The Standard Residences, Midtown Miami  

The permit issuance follows news that the midrise condo project by Rosso Development, Standard International and Midtown Development secured a $45 million construction loan. 

COMPASS Florida opens flagship office on Palm Beach Island 

The Worth Avenue office has over 100 agents. 

Premier Sotheby’s International Realty bolsters marketing team with hire, promotion 

The brokerage also announced two of its agents hit sales records in the last year.  

Calta Group pours foundation for 180-unit Revv Hollywood project 

The apartment tower will stand eight stories at 2233 Hollywood Blvd. 

Miami takes 11th place among top 25 cities for coworking spaces

In Miami, the number of coworking spaces rose quarter over quarter in Q4 2023, while the city’s total square footage of coworking space rose too.

Power players in Florida real estate named to SP 200 

Numerous heavyweights in Florida real estate were among those included in T3 Sixty’s Swanepoel Power 200, which ranks the most powerful players in residential real estate each year. 

23-story, mixed-use project Grove Central opens in Coconut Grove 

The 402-unit tower is a public-private partnership between Terra, Grass River Property and Miami-Dade County. 

JPMREIT acquires first tranche of BTR townhomes in Venice 

The real estate income trust is purchasing the 126-unit entire community, called Fiore, for $45.4 million.  

South Florida home listings grow as prices stabilize

Home listings grew in December as housing prices stabilized, closing out an interesting 2023 for the real estate market.

Leasing begins for The Julia Residences in Allapattah  

Neology Development is building the $100 million, 323-unit tower. 

T.D. Jakes, New Urban to build two affordable-housing communities in South Florida 

In a partnership with New Urban Development, T.D. Jakes Real Estate Ventures will build a mixed-income community in Hallandale Beach and a senior-living project in Miami Gardens. 

Vita at Grove Isle boutique condo project lands $239 million construction loan  

Construction of the 65-condominium development by Ugo Colombo’s CMC Group is already underway, with an expected 2025 completion. 

NAR President Tracy Kasper resigns after receiving threat to reveal ‘personal’ matter

NAR President-elect Kevin Sears will move into the role of president, effective immediately.

Caroline Wozniacki and David Lee list Fisher Island penthouse for $42.5 million 

The 7,000-square-foot residence is in the Palazzo Del Sol condo tower. 

13-townhome enclave coming to Coral Gables’ Biltmore Square 

MG Developer recently landed $10 million in financing to purchase the land where it will build the new component, to be called The George. 

South Florida Housing Scorecard: Inventory up, days on market down

At the same time, existing-home sales were down in Miami-Dade and Broward counties but up in Palm Beach County.

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