Pharmaceutical mogul sells Fort Lauderdale estate for $21M

From left: Tim Elmes of Compass, Barry Minoff and 1831 Southeast 9th Street
From left: Tim Elmes of Compass, Barry Minoff and 1831 Southeast 9th Street
Pharmaceutical mogul sells Fort Lauderdale estate for $21M

Dev Motwani nabs loan for Fort Lauderdale project

Dev Motwani, Johnny Allison, and 2401 West Broward Boulevard (Credit: Google Maps)
Dev Motwani nabs loan for Fort Lauderdale project

South Florida residential sales soar in January

Mid-market and luxury closings fueled South Florida home sales in January
South Florida residential sales soar in January

WeWork’s turnaround star will need a new script

WeWork CEO Sandeep Mathrani and Adam Neumann (Illustration by Zach Meyer)
WeWork’s turnaround star will need a new script

These were Miami’s most expensive condo sales last week

Map of priciest condo sales and 2675 South Bayshore Drive, unit 602-S
These were Miami’s most expensive condo sales last week

Latest News

Fifth Wall Ventures' Brendan Wallace and Kevin Campos (Credit: iStock)

Fifth Wall closes $100M fund to bring online retailers into physical stores

A new generation of e-tailers are looking to make their first, risky step into the world of physical real...

Fifth Wall closes $100M fund to bring online retailers into physical stores
Ira Saferstein and Marc Roberts, with a rendering of Miami Worldcenter

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase

Miami Worldcenter’s master developers sold another site within their project, for $26.78 million, to a buyer that previously invested...

E11even owner Marc Roberts returns to Miami Worldcenter with $27M purchase
630 Island Drive and Mark Biondi

Related Beal exec linked to purchase of $19M Palm Beach estate

A trust managed by a senior vice president at Related Beal paid $19.1 million for a waterfront Palm Beach...

Related Beal exec linked to purchase of $19M Palm Beach estate
Grant McGrail (Credit: LinkedIn, Wikipedia)

Top WeWork sales exec resigns amid office relationship probe

A senior sales executive at WeWork resigned on Valentine’s Day, while under investigation for a romantic relationship with a...

Top WeWork sales exec resigns amid office relationship probe
From left: Tim Elmes of Compass, Barry Minoff and 1831 Southeast 9th Street

Pharmaceutical mogul sells Fort Lauderdale estate for $21M

A pharmaceutical mogul sold his waterfront Fort Lauderdale mansion for $20.5 million, marking the highest priced residential sale in...

Pharmaceutical mogul sells Fort Lauderdale estate for $21M
Sternlicht on retail’s woes: Tenants have done “incredibly shitty job” running stores

Sternlicht on retail’s woes: Tenants have done “incredibly shitty job” running stores

Troubles in the retail world aren’t going away anytime soon — and retailers have themselves to blame. That’s according to Starwood Property Trust CEO...

Sternlicht on retail’s woes: Tenants have done “incredibly shitty job” running stores
Realogy CEO Ryan Schneider 

Realogy’s 2019 revenue slides 3% to $5.6B

Even as the housing market improved and competition grew more “rational,” Realogy Holdings said it generated $5.6 billion in 2019 revenue, down 3 percent year over year. The company also said it lost $188...

Realogy’s 2019 revenue slides 3% to $5.6B
Map of priciest condo sales and 2675 South Bayshore Drive, unit 602-S

These were Miami’s most expensive condo sales last week

 Condo sales fell slightly in Miami-Dade last week, led by a closing at Terra’s Grove at Grand Bay....

These were Miami’s most expensive condo sales last week
Bentley Zhao, New Empire Real Estate; David Brickman, Onex Real Estate Partners

Dining with VIPs at TRD’s Future City retreat

CEOs, developers, landlords and other industry leaders joined The Real Deal at its second-annual Future City event at Baha...

Dining with VIPs at TRD’s Future City retreat


Inside The South Florida issue

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Will Moishe Mana's dream for downtown Miami ever become a reality?

Will Moishe Mana's dream for downtown Miami ever become a reality?

2019 in review: the biggest deals, stories, lawsuits & more

2019 in review: the biggest deals, stories, lawsuits & more

Title fraud is on the rise. Here's why it won't stop anytime soon.

Title fraud is on the rise. Here's why it won't stop anytime soon.

From left: Avra Jain, Anthony Scaramucci and Nick Rojo in front of Affiliated Development's SIX13

How Miami-based players are making the most of Opportunity Zones

Dacra's Craig Robins on the most important things on his desk

Dacra's Craig Robins on the most important things on his desk

Developers are banking on co-living, but will it catch on?

Developers are banking on co-living, but will it catch on?

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Dev Motwani, Johnny Allison, and 2401 West Broward Boulevard (Credit: Google Maps)

Dev Motwani nabs loan for Fort Lauderdale project

A company managed by Dev Motwani’s Merrimac Ventures and Hernandez Construction scored a $10.4 million loan for a self-storage...

Dev Motwani nabs loan for Fort Lauderdale project
WeWork CEO Sandeep Mathrani and Adam Neumann (Illustration by Zach Meyer)

WeWork’s turnaround star will need a new script

Sandeep Mathrani carved a slight figure as he took the stage to explain why he had just become CEO...

WeWork’s turnaround star will need a new script
Mid-market and luxury closings fueled South Florida home sales in January

South Florida residential sales soar in January

Home sales jumped throughout South Florida in January, largely driven by mid-market and luxury sales. Median home prices also...

South Florida residential sales soar in January
REIT stocks fall amid global coronavirus concerns (Credit: Getty Images, iStock)

REITs take a hit amid growing coronavirus concerns

Real estate investment trusts were not immune from Monday’s global market sell — particularly hotel properties — a result...

REITs take a hit amid growing coronavirus concerns
Highlights from Day 1 of TRD’s Future City summit

Highlights from Day 1 of TRD’s Future City summit

The second year of The Real Deal’s annual executive retreat kicked off at Baha Mar Resort in the Bahamas....

Highlights from Day 1 of TRD’s Future City summit
7600 Fisher Island Drive and Raul Fernandez

Co-owner of NBA and NHL teams sells Fisher Island condo

A co-owner of the Washington Wizards and Washington Capitals sold his Fisher Island condo at a slight discount from...

Co-owner of NBA and NHL teams sells Fisher Island condo
Goodbye, NRT. Hello, Realogy Brokerage Group

Goodbye, NRT. Hello, Realogy Brokerage Group

Realogy is saying goodbye to its alphabet soup of names. Amid a company-wide consolidation, the real estate brokerage giant...

Goodbye, NRT. Hello, Realogy Brokerage Group
David Martin and Jackie Soffer, with a rendering of the project

800-key Miami Beach Convention Center Hotel to be a Grand Hyatt

The Miami Beach Convention Center Hotel will be a Grand Hyatt when construction is completed and the massive property...

800-key Miami Beach Convention Center Hotel to be a Grand Hyatt
The document threatened a lawsuit against WeWork at a time when it was still in the midst of rapid growth and fundraising (Credit: Getty Images)

Inside WeWork’s $2M+ settlement over claims of drug use, sexual harassment

A woman who formerly worked in WeWork’s real estate business sent a 50-page document to the beleaguered company in...

Inside WeWork’s $2M+ settlement over claims of drug use, sexual harassment
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