Hollywood Beach, Fla. The Related Group announced today a $226.5 million construction loan with Lehman Brothers for Trump Hollywood, heralded as the new definition of luxury for Hollywood Beach. The joint vision of Donald Trump and Jorge Perez, Trump Hollywood is designed by architect Robert Swedroe with interiors by the internationally renowned firm of Yabu Pushelberg. The loan forges the timely completion of the gleaming 40-story glass tower for Summer 2009.

Lehman Brothers was selected from an elite group of lenders to finance Trump Hollywood because of its financial strength, market expertise and long-standing relationship with The Related Group, says Matt Allen, The Related Groups Chief Operating Officer. Lehman Brothers is one of the few lenders in the market today with the ability to fully underwrite this deal and close within the required timeframe.

Set on 240 feet of pristine sandy beaches on the Atlantic Ocean, Trump Hollywood will offer 200 three- to six-bedroom residences, all with private elevator access and breathtaking unobstructed ocean, Intracoastal and city views. The spacious residences starting at $1.6 million will range from over 2,000 to almost 9,000 square feet of living space, including several hundred feet of expansive sunrise and sunset terraces. The exclusive property will feature a double-height lobby, private cinema, state-of-the-art health and fitness center, tennis courts, billiards room, oceanfront pool deck, spa and cabanas with poolside café and bar. For the final touch of sophistication, residents will have access to signature around-the-clock concierge and valet services, all flawlessly orchestrated by the Trump Hollywood staff. For more information, please call Paul Hansen 786-586-4778.

Fallout from the subprime loan debacle will lead to tighter lending criteria and a healthier housing market, according to the latest forecast by the National Association of Realtors. But higher loan standards will slow the housing recovery, NAR reports.

David Lereah, NARs chief economist, says the changes are necessary for the long-term health of the housing market. We want people to be able to stay in their homes with mortgage terms they understand and can handle, he says. Simply stated, a loan with the lowest monthly payment probably is not in your best interests - borrowers need to understand worst-case scenarios. If you are in a mortgage you are not comfortable with, now is an excellent time to refinance, if you can, with historically low rates on safer conventional loans.

Last week, Freddie Mac reported the 30-year fixed-rate mortgage was 6.17 percent. The 30-year fixed rate should rise slowly to 6.6 percent by the end of this year, so borrowers who need to refinance should act soon, NAR says.

Home Sales Expectations

Tighter lending standards will dampen home sales slightly, but by less than a couple of percentage points from initial projections, Lereah says.

We still forecast 2007 to be the fourth highest year on record for existing-home sales, and housing remains a great long-term investment, Lereah says.

Here are some of NARs projections for home sales:

- Existing-home sales: likely to total 6.34 million in 2007 and 6.52 million next year - in contrast with 6.48 million in 2006.
- New-home sales: projected to be at 904,000 this year and 935,000 in 2008, below the 1.05 million last year.
- Housing starts: estimated at 1.47 million in 2007 and 1.55 million next year, down from 1.80 million units in 2006.

As home sales moderate, overall home prices will be essentially flat this year, Lereah says. The good news is that inventories remain well below the levels experienced during the last housing downturn in the early 1990s, and supplies are close to balance in many areas.

» Continue reading "Subprime Fallout: Good for Housing, Bad on Sales"

Great new listing at Harbor Islands in Hollywood, Fl ! This townhouse has 3 full bedrooms and 3 full bathrooms and is priced at $717,000. Two of the bedrooms are upstairs and one is downstairs. Harbor Islands is the premier gated community in Hollywood and Aventura with security that is second to none. Please call today for details or to set up a showing.

- 2316 square feet
- 2 car garage
- Located next to community pool
- 3 bedroom 3 bathroom
- Best price in the neighborhood
- 2 levels

Even in todays uncertain climate, a hands on real estate investor can make money with smaller properties that are easy to acquire and manage. Here are some suggestions to get started:

- Rent out a part of your own home for $400 a month and use that money every month to pay down mortgage principal. Shaving 10 years from a $350,000 30-year mortgage will reduce total payments by more than $165,000. And you will be able to write off all your costs on your income taxes, including depreciation on the unit, up to your actual rental income.

- If buying a single family home, make sure you can put 10 percent down and rent the property for more than your monthly payment, interest, taxes, insurance and a $200 expense budget. Low-balling a foreclosed home owned by a lender is one way to find such a property.

- Consider buying a two-family home, where you will make nearly twice as much in rent for a property costing little or no more than a single family.

Sian Beach Club, Waterside Shops, Ocean Residences and Resort Hotel Residences

Sian Ocean Residences and the Sian Condo Hotel are the newest additions to the ever changing Hollywood Beach. With so many new and exciting improvements being made to the city of Hollywood Beach, it is no wonder the Sian condo and condo hotel project has been such a success. In a lush enclave cradled between the Atlantic Ocean and the Intracoastal, a boardwalk weaves between a nine-acre sanctuary where tropical flora and stunning water gardens leave you footsteps from the Sian Beach Club. Sian is a multi use project in Hollywood Beach, Florida that offers oceanfront condo living, condo hotel on the Intracoastal with beach access as well as a state of the art beach club. The Sian Ocean Residences offer oceanfront living at an affordable price with two bedroom condos starting in the $450�s. The Sian Condo Hotel units are fully furnished water view suites starting in the $250�s. For the price, you will not find a better development anywhere on the ocean in South Florida. Please give us a call today to find out more about the Sian Condos and Sian Condo Hotel. Please call Paul Hansen for more details 786-586-4778.

The Diplomat Oceanfront Residences
Hollywood Beach Condos

The Diplomat Oceanfront Residences are located directly on the ocean in Hollywood Beach, Fl. The Diplomat Residences will feature 28 floors of pure luxury with superb 2 and 3 bedroom condos available and a select number of penthouses. The Diplomat has just six residences per floor and 135 units in total ranging from 2,300 to over 3,200 square feet. Each unit of the Diplomat condos will have tremendous views of the ocean and intracoastal. With your purchase at the Diplomat Oceanfront Residences in Hollywood Beach, you will be provided a Diplomat Residents Sports membership at the Diplomat Country Club & Spa. Located just a mile from the Residences, the country club is a 111,400 square foot Mediterranean style complex that features 60 richly appointed guest rooms, 18 hole golf course, 10 clay court tennis center, full service spa, links grill, Tack Room Lounge and marina. As an owner of the Diplomat Oceanfront Residences, you will have access to select services from the Westin Diplomat Resort & Spa. An access controlled pedestrian walkway will connect the Residences to the Westin Diplomat Resort and Spa. There, among many other delights, residents will find Hollywood Prime, a fittingly glamorous restaurant hailed by both Newsweek and Bon Appetit magazines.
The Diplomat Oceanfront Residences are priced from $1,000,000 and higher for the condos and penthouses start at $3,000,000. The Diplomat condos will have the highest level of amenities and best location of any of the Hollyoood Condos you will find. For more information on the Diplomat Oceanfront Residences and other Hollywood Condos, please call Paul Hansen 786-586-4778.

Located on three and a half acres of beachfront just north of the new $800 million Westin-Diplomat Resort & Spa, Ocean Palms will be the first new ultra-luxury condominium on Hollywood Beach in 25 years.
All 38 stories of this ultra-modern tower affirm the renaissance of Hollywood Beach as one of South Florida�s most prestigious ocations.

Ocean Pamls' 250 residents will enjoy living just a short walk away from shopping at Diplomat Landings as well as the resort�s many first-class restaurant and entertainment options.

Residents will also enjoy proximity to marina facilities at nearby Harbor Islands and world-class golf just a short drive away. Aventura Mall and internationally known Bal Harbor shopping are also just minutes away.

In addition to 240-feet of beachfront with elevated pool deck, planned amenities include lush tropical landscaping to enhance the naturally beautiful beach, pool-side towel service, outdoor Jacuzzi and grill, a magnificent two-story spa with planned state-of-the-art fitness equipment, massage room, sauna and tennis court, refined meeting/entertainment room with outdoor terrace, billiards room, media room, concierge and valet service and 24-hour security.
Computerized elevators provide individual entryways for all residences.

Residences at Ocean Palms are planned to feature gourmet Snaidero Italian kitchen cabinets with granite counters, Sub-Zero refrigerators/freezers, Miele dishwashers, top-of-the-line Thermador ovens with warming drawer, microwave and flat panel cooktop. Laundry rooms feature full size Maytag washers and dryers.

Elegantly appointed master baths include Snaidero cabinets and marble countertops, separate water closet with bidet, luxurious Jacuzzi whirlpool tubs, full-height marble showers with frameless glass shower enclosure and marble floors.
Other features include expansive terraces with tempered glass and decorative railings to maximize the impact of the views, solid core interior doors, in-residence security systems, state-of-the-art telecom and CATV wiring, energy saving solar tinted windows and sliding glass doors.

Or email vanderlem@bellsouth.net for more information about re-sale and rentals

This is the place to be living. After the process of the condo-conversion back in 2005 the developer MCZ/Centrum (from Chicago) re-invested $25,000,000 back into the property. It�s currently in the last faze of the remodeling process. Two heated pools right on the beach. Like to have a drink, order a cocktail at the tiki-bar. Or walk on the beach with sun-soaked beachfront mornings or enjoy your own private terrace.

Welcome to The Tides on Hollywood Beach. There�s no waiting. It�s beautifully designed from the inside out, and it�s yours for the taking. The time is now to surrender to the call of the sea.
Take in the breathtaking view from your private terrace, then head to the beach for a stroll The many pleasures of the sea are rivaled only by the myriad of enticements you�ll find at The Tides. Every morning, the sunrise greets you in dramatic fashion just outside your window.. You can also start your day at the secluded residents-only pool to swim a few laps within view of the sea. Or, head over to the state-of-the-art fitness center for an invigorating workout. Of course, the many recreational amenities are but a few of the benefits life at The Tides has to offer.

Inside your residence, a masterfully designed living space provides a beautiful backdrop for your new life of luxury by the sea. Also for your enjoyment: a media room; fitness center with yoga, spin and aerobics class; private barbecue area: oceanfront club room and more. Life at The Tides is a privilege few will ever attain. But it�s yours. It�s beachfront. And it�s everything you�ve been dreaming of.
The Tides is a vibrant seaside community centrally located in one of South Florida�s most exciting neighborhoods.

For more information by email: vanderlem@bellsouth.net

Downtown Hollywood is home to some of the area�s most au courant dining and shopping venues. Ideally located next to the Diplomat and across from Nikki Marina, The Tides is just minutes from Harrison Street�s buzzing art and music scene. And with boating, jet ski and other popular activities as close as the Hollywood Boardwalk, there�s something fun and different to do at every turn.
Love to shop? Aventura Mall is five minutes away with its dazzling assortment of fine retailers and restaurants. In 15 minutes, you�re in world-renowned Bal Harbour, where some of the most exclusive merchants in the world have set up shop. And in less than 30 minutes, you can hit Sawgrass Mills for the best outlet shopping on the East Coast. In addition, Miami International and Ft. Lauderdale International Airports are less than a half hour�s drive from your new Hollywood home. If you�re going to live on the coast, it simply doesn�t get any easier.

Here are two examples of floorplans.

Residence Amenities:
Gourmet-style kitchens, appliances including oven, dishwasher, icemaker and disposal Kitchen and bathroom with ceramic tile floor
Glass doors leading to beautiful glass-railed private balconies
Generous closet space including walk-in and linen closets (plans vary)
State-of-the-art high-speed Internet access
Wall-to-wall carpeting
The Tides Community Features:
Three seasonally heated swimming pools with expansive sundecks,
beautiful landscaping and barbecue areas for entertaining
Beach club membership
Direct beach access
State-of-the-art fitness center, with an aerobics room featuring weekly yoga and spin classes
Full-service 24-hour business centers with high speed Internet access and private conference rooms
including color copier, fax machines and printers
Large, beautiful Ocean Room with bar and billiards
Stylish ultra-contemporary lobby
Media Room with theater seating
Attended front desk and 24-hour security
Concierge services
Extra storage space available
Lush landscaping and turtle-friendly parking lights

The Tides on Hollywood Beach in South Florida
Beach Front Property
New Construction - Condo Conversion
The Tides on Hollywood Beach, Florida. Two units have very motivated sellers. Long Direct Atlantic Ocean Views. Gorgeous!
9 units currently available from $360,000 - $600,000.

For more information please contact: Raymond VanderLem at 954 599 4999 or e-mail: vanderlem@bellsouth.net

Spacious, open floor plans, floor-to-ceiling glass, and sunrise/sunset terraces are just a few of the things that set the Trump Hollywood condo apart.

Set in the heart of Hollywood, Florida, Trump Hollywood is ideally located just minutes from Miami and Ft. Lauderdale. In addition to enjoying all that those two cities have to offer, the residents of Trump Hollywood will be able to enjoy the shops of Las Olas Blvd and Bal Harbour, not to mention the exquisite stores like Bloomingdales, and Coach at Aventura Mall.

Designed by Robert Swedroe, with interior design by Yabu Pushelberg (Interior Designers for the Ritz-Carlton, and Tiffany and Co.), these 2, 3, and 5 bedroom residences will appeal to even the most discerning tastes.

The Trump Hollywood condominium units will range in size from 2070- 4350 sq ft. In addition, there will be two penthouse units on the 40th floor, each being approximately 7,000 sq. ft.

The Related Group of Florida Inc., Ocean Land Investments, and Donald Trump have all joined forces to develop this 40-story, contemporary glass condominium tower. Prices will start at $1.5 million.

Some of the resident amenities of Trump Hollywoodwill include:
Spa/gym, 24 hour concierge, tennis courts, private elevator to each unit, and oceanfront cabanas which will be available for purchase to Trump Hollywood residents.

If you would like more information about Trump Hollywood give the Hansen Homes Team a call at 786-586-4778 or fill out our Trump Hollywood request more information form.

Ocean Palms Condo
Hollwood Beach, Florida

Ocean Palms located in Hollywood Beach has been topped of and is slated for completion by March 2006. Ocean Palms is sits on thee and a half ocean front acres just north of the Diplomat Resort and Spa, and will be the first new ultra luxury condominium in Hollywood Beach in the last 25 years. Rising 38 floors, Ocean Palms will feature 250 residences and 240 feet of beachfront with an elevated pool deck. Ocean Palms will feature Snaidero Italian kitchen cabinets with granite counters, Sub-Zero refrigerators/freezers, Miele dishwashers, top-of-the-line Thermador ovens with warming drawer, microwave and flat panel cooktop. The size of the units at the Ocean Palms Condos will range from two, three and four bedroom residences ranging from approximately 1,700 to estate size condos of more than 3,000 square feet under air. Please call Paul Hansen for more information 786-586-4778 or CLICK HERE.

The Sian Beach Club in Hollywood Beach still has a few select units available for sale. This is the last condo conversion in Hollywood Beach, so don�t miss your opportunity to get in on an oceanfront condo conversion at a great price. The Sian Beach Club is slated to start closings in February and the Sian Condo Hotel, which is located across the street on the intracoastal, is scheduled for sometime in early 07. For more information please call Paul Hansen 786-586-4778.

The Tides at Hollywood Beach

The Tides at Hollywood Beach has recently been converted from a rental community into condos. The Tides is located on the edge of Hollywood Beach and Hallandale Beach and offers affordable living in a prime location. Hollywood Beach has seen several condo conversions, but none as successful as The Tides. The Tides is comprised of three buildings with 1 and 2 bedroom units constructed in 1968 on 12.5 oceanfront acres. The Tides is conveniently located next to the Diplomat and Nikki Marina, and just minutes away from Aventura and Bal Harbour. Don�t worry if you missed out on the Tides condo conversion because there are still some great deals on the resale market. For more information on the Tides please CLICK HERE or call Paul Hansen 786-586-4778.

by Robyn Friedman, Special to the Sun-Sentinel

A Chicago-based developer has unveiled plans for an ambitious project that will ultimately include five buildings on a 10-acre tract between the ocean and the Intracoastal Waterway in Hollywood.

MCZ/Centrum, a joint venture between MCZ Development Corp. and Centrum Properties, plans to build Sian Ocean Residences & Resort, a $400 million project that will include condominiums, condo-hotel units and a waterfront yacht club.

The first phase of the project will include the conversion of an existing apartment building to condominiums as well as the conversion of the existing Ambassador Hotel to condo-hotel units. The second phase will include the construction of a condominium building, a new condo-hotel and luxury villas.

"It's basically an infill project," said Michael Lerner, president of MCZ/Centrum, referring to development that occurs in older parts of a city or in a previously developed area. "There is a real demand for hotels there, and the condo-hotels on the marina are going to be a great addition for Hollywood."

The first phase of the project, which is about to begin, includes:

The renovation and conversion of 4001 S. Ocean Drive, an existing 16-story apartment building, into a condominium called Sian Ocean Residences. There will be 221 units ranging in size from 812 to 1,355 square feet and in price from the $300,000s to $1 million. The units will have features such as floor-to-ceiling glass doors, curved private balconies, ceramic tile flooring and high-speed Internet access. The building will have a porte-cochere entrance, fitness center, aerobics room, pool, business center, valet and concierge service.

The conversion of the existing Ambassador Hotel, at 4000 S. Ocean Drive, to a condo-hotel called Sian Yacht Club Residences & Resort. The 10-story existing building will be converted to 309 units ranging in size from 431 to 907 square feet. Pricing will range from the $200,000s to the $300,000s. These units will be fully furnished and will feature flat-screen televisions, porcelain tile, a tumbled stone shower, granite countertops, wood cabinetry and high-speed Internet access. The building will have a pool, meeting space, beach club, room service, restaurant and bar, boardroom, fitness center and concierge service.

The second phase of the project, which Lerner said will begin early next year, will include:

A new condominium called Sian Beach Club Residences, which will include about 30 luxury waterfront condominiums that will sell for $1.5 million and up.

A new condo-hotel called Sian Yacht Club Residences II & Resort, at which units will range in price from about $300,000 to $500,000.

Sian Waterside Villas, which will include approximately 30 luxury waterfront villas.

Pre-sales on the condo conversion in the first phase began last week, and Lerner expects closings to start taking place in January. The condo-hotel units in the Ambassador building will go on sale at the end of September, he said.

At least one local real estate agent questions whether there is enough demand in the area for all the units at Sian in view of the fact that there are ample condominium resales in the area that are competing in the same price range.

"There are recent condo conversions that have 40, 50, 60 units per building on the market," said Lloyd Feinberg, a sales associate with Coldwell Banker Residential Real Estate Inc. in Hollywood. "People are going to be chopping their prices just to liquidate their units."

Feinberg also said that there has been a "heavy saturation" of condominiums along the coast from Fort Lauderdale through Aventura to the Biscayne Corridor in Miami. "Hollywood is still somewhat of a sleepy little town that has been untouched by a lot of developers," he said. "It will be interesting to see what happens."

MCZ Development Corp. was founded in 1985 by Michael Lerner. The company has participated in the redevelopment and redesign of some of Chicago's most celebrated areas.

Centrum Properties is a 25-year-old firm specializing in residential, retail and commercial development. It is one of the largest developers of Walgreen's stores in the Midwest.

Locally the two companies have teamed up to create The Wave on Hollywood Beach, a conversion; Cit�a new condominium in Miami; and The Tides on Hollywood Beach, a conversion.

For more information on this project please call Paul Hansen at 786-586-4778.

Grant Street Townhomes in Hollywood ...These new townhomes are nestled into a unique enclave of only 4 townhomes, set amid Hollywood's vibrant atmosphere and natural beauty.

These 3 bedroom, 2 1/2 bath townhomes include a 1-car garage, 2 car driveway, backyard patio, living, dining, and breakfast areas, totaling 1,918 square feet (under roof area). The second level includes 3 bedrooms and a study loft. The spacious master suite includes a balcony, his & her sinks, roman marble Jacuzzi, and large walk-in closet.

The site is located in a premium location, only 1 mile from the Young Circle Park and just 1.5 miles from the Hollywood Circle.

Prices starting at $429,000

For more information on Grant Street Townhomes