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May 30, 2013

Related’s Palm Beach hotel financing challenge

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The Real Deal by Emily Schmall. Acquiring financing for a Related Group deal on proposed 400-room West Palm Beach Hilton hotel could be trickier than anticipated depending on the outcome of a June 4 meeting of Palm Beach County commissioners, South Florida Business Journal reported.Related hopes commissioners will reduce its responsibility for operating the convention…

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May 29, 2013

Introducing SLS Hotel & Residences in Miami

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Frontdoor by Kara Franker. The first SLS Hotel & Residences is set to debut in Brickell, Miami’s international business district. The hotel/condo building is the brainchild of luxury development company The Related Group and sbe, a hospitality and real estate company. Brickell is known for its thriving urban cultural and commercial scene, and it’s heating…

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May 25, 2013

The Year of Pricing Audaciously

The New York Times by Alexei Barrioneuvo Early last year, the virtual sales center at One57 set the tone for a year of astronomical listings in the high-end residential real estate market. Billionaires found the green-carpet views of Central Park — meticulously captured by a remote-control helicopter — to be irresistible. Gary Barnett, the president…

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May 20, 2013

Crane Spotting Highlights Related Rush

Globe St. by Jennifer LeClaire If you go crane spotting in South Florida, more and more of the machinery is working on projects The Related Group is developing.  Related just broke ground on BeachWalk and Iconbay. Indeed, the “comeback cranes” of the last year – heralding the condo resurgence of Broward and Miami – are…

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The Sunshine Economy Part Three: Real Estate

WLRN Miami/South Florida by Tom Hudson. REAL ESTATE From world famous beaches to international trade flows, South Florida has become one of the world’s most vibrant and diverse economies. Through a series of one-hour radio programs, special correspondent Tom Hudson hosts a weekly radio show on Mondays in May and June exploring The Sunshine Economy, a…

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May 10, 2013

Competing visions fuel boom in South Florida

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The Real Deal by Emily Schmall. Competing visions for South Florida are fueling a building boom here, with starchitect skyscrapers rising over Biscayne Bay and ritzy hotels and name-brand condos crowding into the ocean-side suburbs north of Miami Beach. Cash-paying, mainly overseas buyers putting half down as a security are helping to finance various urban…