‘Casual and modern’ waterfront home in Sarasota hits the market at $15 million (Photos)

A waterfront home on Siesta Key that wrapped up construction just two years ago is listed for sale — fully furnished — at $15 million. The house, at 3799 Flamingo Ave., totals 18,706 square feet, with 8,138 square feet of indoor living space. It features modern architecture and a neutral palette. The list price breaks down to $1,843 per square foot. Joel Schemmel of the Schemmel Property Group with Premier Sotheby’s International Realty is the listing agent on the home, which hit the market…Original Article

Airbnb reveals new programmes to reach 1bn guests

​Airbnb announced on Thursday that it would launch a guest membership programme and new luxury accommodation programme, as it aims to acquire more than a billion annual guests by 2028.Original Article

Domres Real Estate Investment Arranges the Sale of a 220-Acre Parcel in Riverview

Riverview, FL – February 21, 2018 – Domres Real Estate Investment, Inc. arranged the sale of a 220-acre parcel in Riverview that closed on February 16, 2018. The vacant tract of land is located at the corner of Symmes rd. And Fern Hill dr. in Riverview and sold for $19 million.

Marty Domres, president of Domres Real Estate Investment, Inc. represented both the Buyer, Ventana Development, LLC and the Seller, Riverview Grove Ltd. in this transaction. Domres stated that “This property was ideal for development because of its attributes and great location in Riverview.” Ventana Development’s plans include the development 835 single family residential lots. The finished residential lots will be sold to CalAtlantic, Lennar, M/I, and Pulte homes. Domres also stated that “Riverview is experiencing amazing growth in both commercial and residential development. The property location is very convenient, with easy access to Tampa by its close proximity to I-75 and Hwy. 301, as well as Hwy. 41.”

For more information about Domres Real Estate Investment, go to www.domresrealestate.com.

About Domres Real Estate Investment, Inc.:

Domres Real Estate Investment, Inc. is an independently owned, top producing commercial, land, and residential real estate company serving Tampa Bay and the surrounding communities since 1997. Marty Domres, president, is an experienced real estate broker with over 25-years experience in the real estate market.

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3 opportunities, 3 challenges for Lennar, now the largest US homebuilder

Lennar could leverage its sales strategies for CalAtlantic communities, but it has a challenge in reaching millennials.Original Article

​Trump property sale with Russian probed

At the time of the deal, Trump's companies had suffered a string of six successive bankruptcies.Original Article

Lennar becomes nation’s largest homebuilder with acquisition of CalAtlantic

Lennar Corp. has reclaimed its spot as the nation’s largest homebuilder after completing the acquisition of CalAtlantic Group. Miami-based Lennar (NYSE: LEN) and Virginia-based CalAtlantic (NYSE: CAA) both received shareholder approval for the merger on Monday. The companies said the deal will be effective at 11:59 p.m. Over 99 percent of shareholders at each company approved the deal. The deal is valued at $9.3 billion, including $3.6 billion in debt. Each share of CalAtantic may be exchanged…Original Article

Year in review: 25 largest residential transactions in Tampa Bay in 2017

The photo gallery below features the 25 largest residential deeds including multifamily, ranked by sale price lowest to highest, recorded from Dec. 1, 2016, through Dec. 1, 2017. American City Business Journals, parent company of the Tampa Bay Business Journal, gathered the information. Read more year in review stories here:Original Article

Brazilian race car driver Hélio Castroneves puts South Florida home on the market

Brazilian race car driver Hélio Castroneves has put his 4,000-square-foot Fort Lauderdale home on the market for $2.9 million, almost three times what he initially paid for the house. Catroneves has won the Indianapolis 500 three times, and is also is known for winning the fifth season of "Dancing with the Stars." Castroneves' waterfront home is located at 325 Seven Isles Drive in Fort Lauderdale. It has five bedrooms; 4.5 baths; a private, gated entry, and a custom chef’s kitchen. According…Original Article

Raymond James sues Lowe’s over investment banking deal

Raymond James & Associates, the broker-dealer subsidiary of Raymond James Financial Inc., has filed a lawsuit against Lowe’s Companies Inc., alleging the home improvement company breached its investment banking contract when it made a $512 million acquisition in June. Lowe’s (NYSE: LOW) used a different investment banking financial advisor when it bought Maintenance Supply Headquarters LP, according to the suit Raymond James & Associates filed in U.S. District Court for the Middle District…Original Article

Texas still the top spot for relocations

2017 was a big year for those moving to Texas, as the Lone Star state continued its reign as America’s No. 1 growth state, according to a report from U-Haul. Year-over-year arrivals of one-way trucks in Texas rose 1 percent in last year while departures grew 3 percent compared to 2016, per U-Haul. Despite a larger year-over-year increase in departures, arriving trucks still accounted for 50.3 percent of all one-way U-Haul traffic in Texas, allowing it to maintain its status as the top net-gain…Original Article