Kate Hinsche

New York

not your favorite twitter follow | reporting for @trdmiami | @columbiajourn '22 | @colgateuniv '20 | former EIC @maroonnews

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Articles

Movers & Shakers: Colliers hires condo capital improvements exec

4 days ago | therealdeal.com | Kate Hinsche

In the latest roundup of South Florida hiring news, Colliers makes a key hire in response to Florida’s growing condo crisis. The firm tapped Vanessa Da Rocha as director of its Southeast Project Management and Development Services team, according to a release.
How Hamptons hotels beat the seasonality curse

4 days ago | therealdeal.com | Kate Hinsche

It was precisely what he’d been taught not to do: Jason Brown was buying a hotel in the Hamptons. Brown, the co-founder and CEO of Blue Flag Capital, was on a buying spree out East, a market he’d been instructed to avoid. The issue lay in the area’s seasonality — visitors came from Memorial Day Weekend till Labor Day Weekend, and it was crickets the rest of the year. Not a good bet, in theory. What once was a contrarian thesis is now so mainstream that institutional money is stalking Brown.
Broward Weekly Condo Sales Drop to $26M

1 week ago | therealdeal.com | Kate Hinsche |Adam Farence

Broward County’s condo sales and dollar volume fell last week. Brokers closed 89 condo sales totaling $25.6 million from May 17 to May 25. The previous week, brokers closed 115 condo sales totaling $41.4 million. Last week’s units sold for an average of $287,503, lower than the $325,860 average price from the previous week. The average price per square foot fell to $250 from $273, according to data from Redfin. For the top 10 sales, prices ranged from $500,000 to $1.7 million.
SSA launches sales for short-term rental-friendly Coconut Grove condos

1 week ago | therealdeal.com | Kate Hinsche

Venezuelan developer SSA Group is launching sales for a planned short-term rental-friendly condo project in Coconut Grove. The firm, led by founder Maximo Sacchini, is planning the three-story, 16-unit Roble One at 3069 Plaza Street in Miami, according to a press release. Sacchini tapped Compass’ Opes Group, led by Joanna Jimenez, Michelle Cardenas and Daisy Bilba, to helm sales and marketing for the project.
Palm Beach County Weekly Condo Sales Drop to $49M

1 week ago | therealdeal.com | Kate Hinsche |Adam Farence

Palm Beach County’s condo sales and dollar volume dropped last week, as the area’s busy season winds down. Brokers closed 85 condo sales totaling $48.5 million from May 17 to May 25. The previous week, brokers closed 127 condo sales totaling $102.9 million. Last week’s units sold for an average of $570,234, lower than the $717,106 average price from the previous week. The average price per square foot fell to $329 from $391, according to data from Redfin.
Top Palm Beach agent Gary Pohrer leaves Douglas Elliman for Serhant

1 week ago | therealdeal.com | Katherine Kallergis |Kate Hinsche

Gary Pohrer, one of Douglas Elliman’s top agents in Palm Beach, left the brokerage to join Ryan Serhant’s namesake firm, The Real Deal has learned. Pohrer, who was part of the Exclusive Group at Elliman, had been with the company for nearly a decade. His move to Serhant marks the brokerage’s first significant recruiting success in Palm Beach since it expanded to Delray Beach two years ago. Pohrer said he was drawn to the Serhant brand, its exposure and social media presence.
Urban Network taps Compass to lead sales at Brickell condo-hotel in Miami

1 week ago | therealdeal.com | Kate Hinsche

Robert Thorne’s Urban Network Capital Group tapped Compass to lead sales for its planned Visions at Brickell Station condo-hotel in Miami. Thorne’s UNCG also held the groundbreaking on Wednesday to start construction of the eight-story, 110-unit Visions, according to a press release. Condo-hotel unit prices at Visions, planned for 1120 Southwest Third Avenue, start at $501,000, according to the project’s website. Units will include studios and one-bedrooms, Visions’ website shows.
WeatherTech founder David MacNeil buys second Manalapan estate for $56M

1 week ago | therealdeal.com | Kate Hinsche

WeatherTech founder David MacNeil dropped another $55.5 million on oceanfront property in Manalapan. Developer Joe Farrell sold the incomplete 1.6-acre spec estate at 1140 South Ocean Boulevard, according to the Multiple Listing Service. Margit Brandt with Premier Estate Properties represented both the buyer and the seller in the deal, and confirmed the closing. She declined to comment on their identities. The Wall Street Journal first tied MacNeil to the purchase in March.
$15M Four Seasons Brickell PH tops Miami-Dade weekly condo sales

1 week ago | therealdeal.com | Kate Hinsche |Adam Farence

A $14.8 million Brickell penthouse topped condo closings in Miami-Dade County last week. Brokers closed 86 condo sales totaling $88.1 million from May 17 to May 25. The previous week, brokers closed 127 condo sales totaling $123.7 million. Last week’s units sold for an average of $1,023,844, higher than the $973,842 average price from the previous week. The average price per square foot fell to $542 from $636, according to data from Redfin.
Cushman Retail Veterans Jump to Newmark

1 week ago | therealdeal.com | Kate Hinsche

TrendingResidentialSouth FloridaPlus: Brown Harris Stevens, Douglas Elliman land agentsNicole Lombrozo, Ricardo Chen, Ernest Poblacion, Rick Chen, Greg Masin and Frank Begrowicz (LinkedIn, Brown Harris Stevens, Douglas Elliman, Getty) Two retail leasing veterans, Greg Masin and Frank Begrowicz, moved from Cushman & Wakefield to Newmark as executive managing directors focusing on retail in several Miami areas.