south florida real estate News Archive

Another firm flees South Florida (Miami Herald)
The Plantation wing of a Colorado company, saying it no longer can deal with the threat of hurricanes disrupting its business, has decided to blow out of South Florida.

Florida business briefs (Miami Herald)
Profits at Ocean Bank, which has long ridden the wave of South Florida's real estate boom, surged 16 percent in 2005, the bank reported.

MeriStar Hospitality to Sell 10 Florida Assets (PR Newswire via Yahoo! Finance)
MeriStar Hospitality Corporation , one of the nation's largest hotel real estate investment trusts , today announced that it has signed a definitive agreement to sell a portfolio of nine hotels and a golf and tennis club, all located in Florida, to an affiliate of The Blackstone Group for approximately $367 million in cash, subject to certain adjustments and satisfaction of customary closing

Nowhere To Dock (Hartford Courant)
Fees For Slips Climbing As Real Estate Taxes Rise; Marinas Appropriated By Luxury Condos

ST. TAMMANY REAL ESTATE TRANSFERS (New Orleans Times-Picayune)
Hillcrest Country Club Estates subdivision addition no 3, lot 58, square 1. Raoul B. Guevara and Maureen Gray Guevara to Harold J. Buccola and Dorothy M. Buccola, $8,000.

It's confirmed: Blackstone buying South Seas (The News-Press)
Blackstone Group LP is buying South Seas Resort as well as eight other Florida hotels and a golf-tennis club from real estate investment trust MeriStar Hospitality Corp. for about $367 million.

Bush puts up $310 million to buy Babcock (Sun Herald)
Flush with cash from Florida's real estate boom, Gov. Jeb Bush proposed the biggest environmental budget in the state's history Wednesday -- and it includes $310 million to buy 81 percent of Babcock Ranch.