Kimco Realty Corporation advanced plans to build an eight-story apartment building with 280 units at its Oakwood Plaza shopping center in Hollywood. The Hollywood City Commission on Wednesday approved Kimco’s design and site plan for the multifamily development, part of the company’s master plan to redevelop the 1990s-era shopping center as a mixed-use property. In … Read more
JPMorgan joined a recent wave of buyers picking up shopping centers in Coral Springs. An affiliate of New York-based JPMorgan, led by CEO Jamie Dimon, paid $53.7 million for Shoppes at Heron Lakes at 5601 to 5791 Coral Ridge Drive, records and real estate database Vizzda show. The financial giant paid $369 a square foot … Read more
Greenwich, CT, homeowners are jumping into the housing market as demand for homes in the affluent Manhattan suburb has surged. Democratic Socialist Zohran Mamdani won the New York City mayoral election Nov. 4, and some experts say his proposed tax and housing reforms have fueled a wave of residents ready to flee the Big Apple, in what they’re calling … Read more
Washington Prime Group sold a Coral Springs shopping center for $60.5 million to a joint venture led by Carlyle Management Group. Two affiliates of Boca Raton-based Carlyle Management, led by Charles Rosner, and an entity managed by Edward Rutkovsky in Boca Raton bought Royal Eagle Plaza at 9100-9190 Wiles Road, records and real estate database … Read more
Billionaire Steve Ross, a dominant force in West Palm Beach real estate, proposes his second convention center hotel in the city. Ross’ Related Ross plans a $290 million Curio by Hilton with 400 keys at its site at 900 South Rosemary Avenue, and is seeking to sell the property to Palm Beach County for $1 … Read more