Tag Archives: Florida

Dunkin’ Donuts opens inside BJ’s

Dunkin’ Donuts has opened inside the BJ’s Wholesale Club in Pembroke Pines — and the two retailers will be teaming up at other locations in South Florida.

The new chain location, at 13700 Pines Blvd., is owned and operated by franchisee Mike Fallah. It will be open from 8 a.m. to 8 p.m. daily, and guests don’t need BJ’s memberships. The menu includes hot and iced coffees, lattes, cappuccinos, teas, sandwiches and baked goods.

A Dunkin’ Donuts spokeswoman said the chain will open other restaurants inside BJ’s in the coming months. Details have not yet been released.

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http://www.sun-sentinel.com/business/realestate/sfl-dunkin-donuts-opens-inside-bj-s-20160826-story.html

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South Florida home sales drop in July but prices keep rising

Fewer South Florida homes sold in July compared with a year ago, though the softer demand didn’t hurt prices.

Palm Beach County had 1,530 existing, single-family homes trade hands last month, down 15 percent from July 2015, according to the Realtors Association of the Palm Beaches. It was the sixth month in a row that home sales fell on an annual basis.

Broward had 1,499 sales, off 11 percent, the Greater Fort Lauderdale Realtors said. It was the first sales decline for Broward in the past year.

Single-family sales in Miami-Dade County, meanwhile, declined for the 10th straight month, falling 16 percent to 1,128, according to the Miami Association of Realtors.

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http://www.sun-sentinel.com/business/realestate/fl-home-sales-july-20160824-story.html

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South Florida’s ‘seriously underwater’ mortgages drop in second quarter, RealtyTrac says

South Florida homeowners continue to regain equity lost during the last decade’s housing crisis, as the number of “seriously underwater” mortgages has declined sharply over the past three years.

At the end of the second quarter, 17.3 percent of homeowners with a mortgage — 262,591 people in Palm Beach, Broward and Miami-Dade counties — owed at least 25 percent more than the property was worth, according to the RealtyTrac Inc. research firm in Irvine, Calif.

While that’s still higher than the national average of 11.9 percent, it is down from 22.4 percent (332,186 homeowners) at the end of the second quarter of 2015, RealtyTrac said.

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http://www.sun-sentinel.com/business/realestate/fl-underwater-mortgages-realtytrac-20160813-story.html

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Annual housing starts increase across South Florida

Home construction remains steady across South Florida, even as builders struggle to find available land, a new report shows.

Annual housing starts in Broward County — the total over the past four quarters — is 1,352, up 10 percent from the same period a year earlier, according to the Metrostudy research firm. Broward had 389 starts in the second quarter, 5 percent higher than a year ago.

In Palm Beach County, there were 2,179 starts over the past four quarters, an 8 percent increase from the prior year. However, starts dropped 21 percent in the second quarter, to 489 from 617.

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http://www.sun-sentinel.com/business/realestate/fl-second-quarter-housing-starts-20160809-story.html

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Stantec architecture firm helps Miami’s towers soar

The very first project Jon Cardello’s architecture firm designed in South Florida was a tiny toll booth at a University of Miami parking garage.

Today, Cardello and his wife, Rachel, also an architect, run a team of 117 people designing some of Miami’s tallest new towers, as well as projects in Orlando, Dallas and the Bahamas. ADD merged its business with Canadian-based mega-firm Stantec last year, giving the Miami office global reach.

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http://www.sun-sentinel.com/local/miami-dade/sfl-stantec-architecture-miami-development-20151215-story.html

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Luxury condos may replace 1960s building in Surfside

If you live in an old building on South Florida’s prime waterfront, don’t get too comfortable: Developers want your sand.

In the latest mega-deal to happen on the beach, a New York-based developer said he has struck a $55 million deal to buy a Surf House, a modest condo building in Surfside that dates to the 1960s. His plan? Tear it down and build a luxury 12-story condo tower.

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http://www.miamiherald.com/news/business/real-estate-news/article42301551.html

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Do you want to know about Broward County Florida Real Estate statistics for TownHouses and Condos for August 2015?

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Miami Beach Convention Center hotel vote delayed, probably until March

Officially postponed: The public vote on a lease that would clear the path for a headquarter hotel next to the Miami Beach Convention Center.

At Wednesday’s Miami Beach city commission meeting, commissioners did not consider placing the item on the November ballot.

Developer Jack Portman, who wants to privately finance a $400 million, 800-room hotel that would rise up 30 stories on public land behind The Fillmore Miami Beach at the Jackie Gleason Theater, requested the delay.

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http://www.miamiherald.com/…/miami-bea…/article33534357.html

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Do you want to know about Broward County Town House and Condos for Florida Real Estate statistics for Q2 2015 ?

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Home prices may be rising too fast

South Florida home prices posted steady gains in the second quarter, but slower growth would be better for the housing market long term, according to a new report.

The median price for single-family homes in Palm Beach, Broward and Miami-Dade counties was $289,900, up 7.4 percent from the second quarter of 2014, the National Association of Realtors said Tuesday.

The median for condominiums rose 7.1 percent to $156,300. The median means half sold for more and half for less.

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http://www.sun-sentinel.com/…/fl-second-quarter-home-prices…

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