Compare Listings

Sterling Equities pays $95M for Pompano Beach apartments

Sterling Equities pays $95M for Pompano Beach apartments

An affiliate of Sterling Equities paid $95.3 million for a newly built Pompano Beach rental complex along the Intracoastal Waterway. The Great Neck, New York-based development firm bought the Broadstone Oceanside complex, with 204 apartments and seven townhouses, at 1333 South Ocean Boulevard, according to records. The project is across the street from the Atlantic […]

Logistics market is hot, but is a bubble forming?

Logistics market is hot, but is a bubble forming?

Investors can’t get enough of warehouses and logistics spaces these days, but there are some signs that a bubble could be forming. Asset management firms including Blackstone Group, Cerberus Capital Management and KKR have doubled down on logistics centers, and prices for warehouses have surged, Bloomberg News reported. According to real estate research firm Real Capital Analytics, values for industrial […]

Fortune International Group buys waterfront Pompano Beach site for $28M

Fortune International Group buys waterfront Pompano Beach site for $28M

Fortune International Group is the latest developer to bet on the Pompano Beach market. The Miami-based development firm, led by Edgardo Defortuna, paid $27.5 million for the 4.6-acre site at 1380 South Ocean Boulevard, the company announced Wednesday. Fortune is planning to build two high-end condo towers on the oceanfront and Intracoastal-front site, but plans to […]

30-year mortgage rate hits record low

30-year mortgage rate hits record low

Average rate of America’s most popular home loan drops to 2.98% The average rate on a 30-year mortgage, America’s most popular home loan, has fallen below 3 percent. The 2.98 percent is the lowest Freddie Mac has seen in nearly 50 years of tracking. It’s the third consecutive week of decline and the seventh record-low […]

Title fraud is on the rise. Here’s why it won’t stop anytime soon.

Title fraud is on the rise. Here’s why it won’t stop anytime soon.

South Florida is fertile ground for ‘title pirates’ — but with no procedures in place to verify deed ownership transfers, how can property theft be stopped? When family members of Lycienne Prince Barber were about to sell their dead relative’s two duplexes in Biscayne Park, they made a startling discovery. During the prerequisite title and […]

Home prices are rising more slowly amid the affordability crunch

Home prices are rising more slowly amid the affordability crunch

A new wave of inventory is putting a damper on rising U.S. home prices. Price gains slowed in the fourth quarter amid a market that has created affordability challenges, Bloomberg reported. The median price for an existing single-family home was $257,600, a 4 percent increase from a year earlier, according to the National Association of […]

Florida still a low-tax state – No. 42 out of 50

Florida still a low-tax state – No. 42 out of 50

Florida retains its ranking as one of the nation’s lowest-tax states, according to the latest study released by Florida TaxWatch. Out of 50 states, Florida ranks No. 42 in the average amount of money paid by residents. Florida TaxWatch findings Floridians pay an average $5,679 per person in state and local taxes Residents pay an […]


Translate »