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Real estate news in Houston

AREAA president supports pause in Florida law restricting Chinese citizens from buying property 

Critics say the law won’t have a tangible effect on security, will dissuade investment in Florida and could be discriminatory.  

South Florida Housing Scorecard: Home sales dip as inventory rises

Days on market declined in Miami-Dade, Broward and Palm Beach counties.

Turnberry breaks ground on ONE Park Tower in North Miami 

The 33-story condo tower will offer 299 units, over 50% of which have been sold. 

Florida ranks No. 1 for net migration 

In 2022, the most recent year for which Census data is available, 736,000 people moved to Florida, while 497,000 people left. 

South Florida claims four spots in top 10 priciest U.S. neighborhoods 

Naples, Miami and Palm Beach neighborhoods are among the country’s most expensive enclaves, according to a new report from American Home Shield. 

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. 

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