It’s curtains for Galbut family-led proposal to redevelop Byron Carlyle Theater

A rendering of the Byron Carlyle Cultural Center, Jared Galbut and Keith Menin (Miami Beach City Commission, Google Maps)
A rendering of the Byron Carlyle Cultural Center, Jared Galbut and Keith Menin (Miami Beach City Commission, Google Maps)
It’s curtains for Galbut family-led proposal to redevelop Byron Carlyle Theater

Iacovelli finds a buyer for his Star Island mansion once asking $65M

46 Star Island Drive (Google Maps)
Iacovelli finds a buyer for his Star Island mansion once asking $65M

Finance mogul linked to Crown family buys Miami Beach penthouse and cabana for $13M

James Star and The Caribbean at 3737 Collins Avenue in Miami Beach (Photos via Google Maps; Chewy)
Finance mogul linked to Crown family buys Miami Beach penthouse and cabana for $13M

Judge slaps Don Peebles’ Bath Club Entertainment with $1M in sanctions

Don Peebles and the Bath Club (Getty, Peebles Corp.)
Judge slaps Don Peebles’ Bath Club Entertainment with $1M in sanctions

South Florida real estate on climate change: ‘Que Sera, Sera’

(Photo illustration by The Real Deal)
South Florida real estate on climate change: ‘Que Sera, Sera’

Latest News

Cushman & Wakefield CEO Brett White
National

Cushman reports 10% drop in revenue in 2020

The fourth quarter of 2020 was another tough one for Cushman & Wakefield, putting an end to a tough year for the commercial real estate giant. Cushman reported a net loss of $27.3 million...

Cushman reports 10% drop in revenue in 2020
(iStock)

South Florida construction starts fall in January

South Florida construction began the new year slowly with new starts falling in January by double-digits, year over year,...

South Florida construction starts fall in January
Airbnb CEO Brian Chesky (Getty)
National

Airbnb’s losses balloon to $4.6B in 2020

Despite the luster of its eye-popping IPO, Airbnb reported a $4.6 billion net loss in 2020 in its first earnings report as a public company. The hospitality startup, which is banking on a travel...

Airbnb’s losses balloon to $4.6B in 2020
(IStock illustration by Kevin Rebong)
National Issue

Smaller cities look to cash in on shift to remote work

Taylor Allen said her life after college was a “little bit nomadic,” as she moved from Virginia to China...

Smaller cities look to cash in on shift to remote work
(Getty, iStock)
National

Victoria’s Secret may close 50 stores this year

Victoria’s Secret’s plans for its future are, well, not so secret. The lingerie retailer will close 30 to 50...

Victoria’s Secret may close 50 stores this year
Barry Sternlicht (Getty, Starwood, iStock)
National

Starwood Property Trust’s Q4 earnings fall 38%

Barry Sternlicht was in such a good mood during Starwood’s earnings call on Thursday that he joked he was...

Starwood Property Trust’s Q4 earnings fall 38%
Central Park Tower at 217 West 57th Street and Extell president Gary Barnett
New York

Closings kick off at world’s tallest residential tower

UPDATED, Feb. 25, 2021, 11: 25 a.m.: Move-in day is approaching for buyers at the world’s tallest residential tower....

Closings kick off at world’s tallest residential tower
Glenn Kelman (Randy Stewart via Flickr)
National

Redfin revenue grows as it races to hire more agents

The hot housing market has crowned another winner: Redfin. The discount brokerage reported revenue of $866.1 million in 2020,...

Redfin revenue grows as it races to hire more agents
Canada, South Korea, Germany, Singapore, and the UK top the list of countries investing in real estate. (Getty)
National Insights

South Korea now No. 2 foreign investor in US CRE

Foreign investment in U.S. real estate declined in 2020, but South Koreans didn’t get the memo. Capital flows from...

South Korea now No. 2 foreign investor in US CRE
Compass CEO Robert Reffkin and KVS Title  CEO David Kanstoroom. (KVS, Getty)
National

Compass acquires DC-area title firm

Compass is taking title. Ahead of its much-anticipated IPO, the residential firm has inked a deal to buy KVS Title, a title insurance and settlement services firm in Washington, D.C., the company said Thursday....

Compass acquires DC-area title firm

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