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Apartment pricing slowdown: Rents are cooling in downtown Miami, report says

Apartment rent growth is slowing in downtown Miami (Credit: iStock)

Avra Jain, Akara Partners and Mishorim win approvals for hotel and resi projects in Miami

Rendering of 555 Riverhouse with Avra Jain

Todd Glaser sells redeveloped Palm Beach mansion for $16M

Todd Glaser with 125 Via Del Lago in Palm Beach (Credit: Realtor)

Here’s how one real estate investor deployed its Opportunity Zone capital

Lissette Calderon plans second apartment project in Allapattah

Lissette Calderon and a rendering of the project (Credit: Sonya Revell)

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Blackstone is already selling pieces of the $18B GLP industrial portfolio

July 19, 2019 12:30PM

TRD NATIONAL

The ink isn’t dry on Blackstone Group’s $18 billion buy of a U.S. warehouse portfolio, and it’s already negotiating...
Blackstone sells the Exchange Lofts in downtown Fort Lauderdale for $23M

By Keith Larsen | July 19, 2019 11:30AM

An affiliate of Blackstone sold the Exchange Lofts apartment complex in downtown Fort Lauderdale for $23.2 million. Blackstone sold the 87-unit project at 115 Northeast 3 Avenue for $266,666...
Mark your calendars: These are South Florida’s top real estate events next week

July 19, 2019 10:30AM

Here are some real estate events to look out for next week: Host: Miami Finance Forum Date: July 23rd Time: 12 p.m. to 2 p.m. The Miami Finance Forum...
Here’s where Douglas Elliman stands in LA as “Million Dollar Listing” man moves in

By Natalie Hoberman | July 19, 2019 09:45AM

TRD LOS ANGELES

UPDATED, July 18, 3:16 p.m.: On July 10, Douglas Elliman star broker Fredrik Eklund told his 1.1 million Instagram...
Entitled and shovel ready: How Bridge Investment deployed its $500M Opportunity Zone fund

By Keith Larsen | July 19, 2019 08:45AM

TRD NATIONAL

Everyone in real estate may seemingly be talking about Opportunity Zones, but few industry players have started closing on...
Adam Neumann has cashed out more than $700M prior to We Company IPO

July 18, 2019 06:10PM

TRD NATIONAL

Adam Neumann has cashed out more than $700 million from the We Company in advance of the company’s initial...
A free penthouse for Steve Ross, now on the market for $75M

By E.B. Solomont | July 18, 2019 06:00PM

TRD NEW YORK

There’s a funny footnote to Stephen Ross’ decision to put his Time Warner Center penthouse on the market this...
Todd Glaser sells redeveloped Palm Beach mansion for $16M

By Katherine Kallergis | July 18, 2019 05:30PM

Miami Beach developer Todd Michael Glaser sold a gut-renovated Palm Beach estate for $16.1 million, property records show. Glader’s 125 Via Del Lago LLC sold the eight-bedroom, 9,271-square-foot mansion...

Inside The Current Issue

Russell Galbut: "A pitbull who hasn’t eaten in a month"

The top multifamily developers in South Florida, ranked

One developer's wild plan to lure EB-5 investors to a project using Celine Dion as bait

Why local nonbank lenders trounced traditional banks in mortgage lending

Gil Dezer takes us inside his Trump shrine

Resi brokers are making hay in Wellington

SPONSORED 5 Simple Tips to Creating a Harmonious Home

Apartment pricing slowdown: Rents are cooling in downtown Miami, report says

By Keith Larsen | July 18, 2019 04:30PM

Amid an influx of new high-end apartments in Miami, rent growth is starting to slow down in downtown Miami and South Beach, according to a new report. The report...
Blackstone’s Q2 earnings decline as real estate segment tumbles

By Kevin Sun | July 18, 2019 03:30PM

TRD NATIONAL

Blackstone Group’s earnings declined over the past three months as distributable earnings from the firm’s real estate segment fell...

SPONSORED Berkshire Hathaway HomeServices at Epicenter of Seismic Shift in the Luxury Residential Real Estate Brokerage Landscape

Avra Jain, Akara Partners and Mishorim win approvals for hotel and resi projects in Miami

By Francisco Alvarado | July 18, 2019 02:30PM

When it came to conceptualizing 555 Riverhouse, a new mixed-use project on the Miami River proposed by an Avra Jain-led development team, New York City-based architect Carlos Zapata made...
The secret rooms inside Apple stores

July 18, 2019 01:30PM

TRD NATIONAL

Millions of people flock to Apple stores every day, and most are familiar with the stores’ signature layout and aesthetic. What’s lesser known, though, is that many of these stores contain a private “boardroom,”...
Lissette Calderon plans second apartment project in Allapattah

By Francisco Alvarado | July 18, 2019 12:30PM

Lissette Calderon is firmly planting her flag in Allapattah. The Miami Urban Design Review Board on Wednesday approved the developer’s second planned apartment project in the neighborhood. The proposed...
Glasshaus in the Grove lands construction financing

By Keith Larsen | July 18, 2019 11:30AM

The developers behind Glasshaus in the Grove secured a $13.2 million construction loan to finish building the boutique luxury condo project. The loan was provided by Boynton Beach-based Trez...

Tom Barrack’s Colony Capital looks to part with $5B portfolio amid other massive industrial deals

By Natalie Hoberman | July 18, 2019 10:30AM

TRD LOS ANGELES

Colony Capital has sold a massive four-property industrial portfolio in the Inland Empire, the latest indication it is looking...

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