SoftBank to take control of WeWork at less than $8B valuation
Former WeWork CEO Adam Neumann and SoftBank Group chairman Masayoshi Son (Credit: iStock, Getty Images)

Latest South Florida

Daily Digest Miami

SoftBank to take control of WeWork, ULI recommends changes to city of Miami zoning code: Daily digest

Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...

ULI South Florida focus group leaders Andrew Frey and Greg West

ULI recommends changes to city of Miami zoning code

A new Urban Land Institute report suggests city officials relax certain provisions of the Miami 21 zoning code to...

SoftBank to take control of WeWork at less than $8B valuation

Updated Oct. 21, 2019 4:44 pm: WeWork has reached an agreement to be taken over by SoftBank Group, in...

Giorgio Vecchi and Dario Stoka

Vecchi + Stoka Group joins Douglas Elliman

Miami Beach agents Giorgio Vecchi and Dario Stoka left Brown Harris Stevens Miami to join Douglas Elliman. Together, they form the Vecchi + Stoka Group. The two agents closed a combined $45 million in...

Photos from the event

Here’s what you missed at TRD’s Miami Showcase & Forum: PHOTOS

HUD Secretary Ben Carson, investor Grant Cardone and more than a dozen panelists highlighted The Real Deal Miami’s sixth...

419 Southeast 2nd Street, Lincoln Property Company CEO Tim Byrne

Lincoln Property joins partnership on downtown Fort Lauderdale building

Lincoln Property Co. has joined Eden Multifamily and Cypress Equity Investments as a partner to build a 32-story apartment...

Patti and Allan Herbert with 4845 Southwest 78th Street (Credit: University of Miami and Redfin)

After selling their Richmond Hotel in Miami Beach, this couple bought a new house

Miami philanthropists and former hotel owners Patti and Allan Herbert paid $6 million for a mansion near Coral Gables....

Alan Jay Wildstein and 1500 Southeast 10 Street

Auto dealer snags a pad in Fort Lauderdale for $7M

Sebring car dealer Alan Jay Wildstein has found a new spot, paying $6.5 million for a waterfront home in...

Paul Ellis

Foundry Commercial bought an 18-acre site in Hialeah Gardens, plans industrial project

Foundry Commercial purchased an 18-acre site in Hialeah Gardens, where it plans to build a 320,000 square foot speculative...



Inside The South Florida issue

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These highly leveraged real estate firms could feel the squeeze in a downturn

TRD's annual ranking of the top brokerages in South Florida

Rise condo re-sellers are losing money on their investments

What it takes to sell a luxury home in posh Palm Beach

Investors are doubling their money on charter schools — when they can get ahold of them

Brokers are already scoring touchdowns with Super Bowl bookings and the pricing is sky high

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From left: Ben Carson and Grant Cardone

Opportunity Zones, luxury residential pricing, the diversity dilemma and more at TRD Miami’s Showcase & Forum

Grant Cardone jumped on stage, bringing along an entourage to The Real Deal’s Sixth Annual Miami Real Estate Showcase & Forum, waving 10X flags...

EB-5 investors rush in ahead of looming rules change

Alejandro Navia had been getting just a handful of calls each month from potential EB-5 investors for his development...

Compass doesn’t want a jury trial in the Avi Dorfman case

Compass is appealing a decision by a New York judge who ordered a jury trial for Avi Dorfman, an...

Daily Digest Miami

Miami Beach OKs hotel development on Lincoln Road, Bank OZK’s construction lending is up: Daily digest

Every day, The Real Deal rounds up South Florida’s biggest real estate news, from breaking news and scoops to announcements and deals. We update...

Michael Jordan and an aerial view of his Highland Park property (Credit: Getty Images)

Michael Jordan’s Chicago-area mansion has been on the market for 7 years. A buyer may not exist

As his massive compound in Chicago’s northern suburbs collects dust, Michael Jordan is now trying to part with another sprawling mansion. On Monday, His...

From left: Marley Dominguez, Brian Koles, Andy Levin and Brian Lee

Co-living trend of renting bedrooms is back and here to stay: TRD Miami Showcase & Forum

Co-living is becoming a growing segment of South Florida’s multifamily market amid increased competition from each other and from conventional apartment developers, according to...

14350 Northwest 56th Court and Bridge Development Partners CEO of Steve Poulos (Credit: Google Maps)

JV pays $126M for Opa-locka industrial property

A joint venture between BentallGreenOak and Bridge Development Partners bought most of a mixed-use business park next to the...

SoftBank rescue plan would bring WeWork’s valuation to $8B

SoftBank is considering a financing package to save WeWork that would value the embattled office-space company at $8 billion,...

A little good news for renters. We’re not talking to you LA and Manhattan

The housing market has been slowing across the nation, and now rent prices have finally begun to fall. Very...

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