Related Cos. closes on West Palm office towers for $282M

Phillips Point office towers with Related’s Stephen Ross (JLL, Getty)
Phillips Point office towers with Related’s Stephen Ross (JLL, Getty)
Related Cos. closes on West Palm office towers for $282M

Norman Braman and Jorge Perez score court victory against Edgewater Jai Alai fronton

Norman Braman and Jorge Perez score court victory against Edgewater Jai Alai fronton
Norman Braman and Jorge Perez score court victory against Edgewater Jai Alai fronton

New bowling alley lease couldn’t keep South Florida’s retail market out of the gutter in Q4

21046 Commercial Trail, Boca Raton (Google Maps, iStock)
New bowling alley lease couldn’t keep South Florida’s retail market out of the gutter in Q4

Jupiter’s Admirals Cove residents speak out against Don Jr. and Kimberly Guilfoyle’s plans to move in

Donald Trump Jr. and Kimberly Guilfoyle with 492 & 494 Mariner Drive (Getty, Google Maps)
Jupiter’s Admirals Cove residents speak out against Don Jr. and Kimberly Guilfoyle’s plans to move in

PayPal co-founder Peter Thiel revealed as buyer of Miami Beach mansions

Peter Thiel with 445 to 441 East Rivo Alto Drive (Getty)
PayPal co-founder Peter Thiel revealed as buyer of Miami Beach mansions

Latest News

Atria Senior Living promises vaccines to residents. (Getty, Atria)
National Weekend Edition

Senior living operator promises vaccine with a lease

 As the pandemic drives down occupancy at senior living properties, a Long Island assisted living community is promising vaccines...

Senior living operator promises vaccine with a lease
The average price of a London home rose above 500,000 pounds, or roughly $685,000, for the first time. (Getty)
National Weekend Edition

London home prices hit new high

London home prices just keep getting higher. The average price of a home in the city rose nearly 10 percent between November 2019 and November 2020 to about 514,000 pounds, or just over $700,000,...

London home prices hit new high
Atlantic City Mayor Marty Small supports Carl Icahn, who owns Trump Plaza Casino. (Getty, Marty Small via Instagram)
National Weekend Edition

Carl Icahn pulls plug on auction to demolish Trump casino

 Carl Icahn is known to blow things up, but not literally. https://www.vanityfair.com/news/2020/05/carl-icahn-is-exiting-herbalife-and-making-a-killing The activist investor is not interested in...

Carl Icahn pulls plug on auction to demolish Trump casino
Phil Gutman with Bess Freedman and Mark Zilbert (Linkedin, Freedman by Studio Scrivo)

Phil Gutman leaves Brown Harris Stevens Miami

Phil Gutman stepped down as president of Brown Harris Stevens Miami and Mark Zilbert was named interim managing broker...

Phil Gutman leaves Brown Harris Stevens Miami
Bank OZK CEO George Gleason (Photos via Bank OZK; iStock)
National

Bank OZK’s Q4 was “strong end to challenging year”

One of the nation’s most active construction lenders ended 2020 on a high note following an overall miserable year...

Bank OZK’s Q4 was “strong end to challenging year”
Make-A-Wish South Florida CEO Norman Wedderburn and 350 Northwest Sixth Street (Getty, Google Maps)

Make-A-Wish pays $8M for Overtown dev site

The South Florida branch of nonprofit Make-A-Wish paid about $8 million for 1.6 acres of land in Miami’s Overtown neighborhood. Make-A-Wish bought the land at 350 Northwest Sixth Street, according to a press release....

Make-A-Wish pays $8M for Overtown dev site
The Standard hotel in West Hollywood (Getty, iStock)
Los Angeles

Rent and Covid force Standard hotel in WeHo to close

The trendy Standard hotel in West Hollywood will close on Friday after 22 years in business, seemingly done in...

Rent and Covid force Standard hotel in WeHo to close
Sylvester Stallone and his Beverly Hills estate (Getty, Google Maps)
Los Angeles

Weighing in at $130M: Sly Stallone lists massive mansion

Sylvester Stallone is looking for a blockbuster in Beverly Park. The “Rocky” and “Rambo” actor has listed his 21,000-square-foot...

Weighing in at $130M: Sly Stallone lists massive mansion
Phillips Point office towers with Related’s Stephen Ross (JLL, Getty)

Related Cos. closes on West Palm office towers for $282M

The Related Companies closed on its $282 million purchase of the Phillips Point office towers in West Palm Beach,...

Related Cos. closes on West Palm office towers for $282M
Beny Steinmetz (Getty)
National

Beny Steinmetz found guilty of corruption

 A Geneva court has found Israeli billionaire Beny Steinmetz guilty of corruption. Steinmetz, who is reported to be a silent backer of New York real estate, was sentenced to five years in jail for...

Beny Steinmetz found guilty of corruption
Saeed Amidi and Moishe Mana (Getty, iStock)

Plug and Play to open downtown Miami office

Silicon Valley investor Plug and Play is plugging into South Florida. The early stage investor and accelerator, which invested in Google, PayPal, Dropbox and other major tech firms, plans to open an office in...

Plug and Play to open downtown Miami office

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