National Weekend Edition
London fire officials say over 1K buildings unsafe in a fire
London fire officials say more than a thousand buildings in the British capital are now unsafe in the event...
Ares Management makes $150M play for David Beckham’s Miami soccer venture
“Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
Related scores $91M construction loan for luxury condo tower in Pompano Beach
Tech entrepreneur pays $8M for Continuum South Beach condo
Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
Latest News
National
Wells Fargo hit with $400M suit for breach of contract linked to robo-signing scandal
Taconic Capital Advisors filed a $400 million suit against Wells Fargo alleging the financial giant failed to protect its...
Ares Management makes $150M play for David Beckham’s Miami soccer venture
David Beckham’s Major League Soccer venture in Miami now counts a real estate heavy hitter among its backers. Los...
National
KKR, Cornerstone in $1B JV to develop health care facilities
KKR and Cornerstone Companies are joining forces to develop health care facilities in the United States. Cornerstone already has...
“Hedge fund vampire” bites into waterfront Coconut Grove mansion for $19M
“Hedge fund vampire” Heath Freeman is biting into Miami’s luxury home market. Freeman, managing director of New York-based Alden...
Modular construction works for luxury homes, too
Modular construction, long associated with mobile homes, has gone high-end. A market is developing for luxury modular homes as...
Tech entrepreneur pays $8M for Continuum South Beach condo
Tech entrepreneur Hari Ravichandran paid $8 million for a condo at the Continuum in South Beach, The Real Deal...
National
Profit margins on fixer-uppers fall to 10-year low
The hot housing market made it a boon to flip homes. But with buyers beginning to ease up, and...
National
NY-based multifamily REIT Bluerock explores sale
Another REIT is considering taking advantage of a hot market by exploring a sale and other strategic options. Bluerock...
Starwood acquires stake in West Palm Beach development site
UPDATED, 5:42 p.m., Sept. 17, 2021: As part of an $18.3 million sale, Starwood Capital Group is joining two...
National
Homebuying startup Ribbon to take on Midwest, West Coast markets
The Southeast-focused homebuying startup Ribbon will expand nationally after announcing a $150 million fundraising round this week. The company,...
Estate Companies pays $15M for downtown Hollywood Opportunity Zone site
The Estate Companies paid $15.3 million for the development site in a downtown Hollywood area that is both historic...
Related scores $91M construction loan for luxury condo tower in Pompano Beach
Related Group secured a $91.3 million construction loan for Solemar, an oceanfront condo project it broke ground on in...
Opportunity Zone fund proposes Bitcoin mining project near Homestead speedway
A Miami-based Opportunity Zone fund wants to develop a Bitcoin mining operation and technology business park, amid growing global...
Los Angeles
Contractor bails on Oceanwide’s LA megaproject after scoring $42M judgment
Chinese real estate conglomerate Oceanwide Holdings has some explaining to do. The developer has been ordered to appear before...
Issue
Making it rain in Miami’s Design District
Bernard Arnault briefly dethroned Amazon’s Jeff Bezos as the richest man in the world last month. The ascent of LVMH Moët Hennessy Louis Vuitton’s chairman and CEO was propelled by mind-blowing company revenue of...
Sponsored
New Office Leases At Optima Evidence Growing Office Demand For Aventura
As new-to-market activity in South Florida expands into the Aventura/Hallandale market, leasing and interest in the area’s premier office...
Ex-Sagamore Hotel owners set North Miami record with $11M home sale
Jennifer Taplin Sazant and Neil Sazant unloaded their North Miami home for $10.6 million, a record for the Sans...