Latest South Florida

Landmark bank in downtown Hollywood could be torn down for rentals, Miami-Dade approves $300M cruise terminal: Daily digest

September 20, 2019 06:00PM

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...

Small Talk: Trying to make sense of the WeWorld

by Eddie Small | September 20, 2019 05:30PM

TRD NATIONAL

The best part about the stock market is how much of a sure thing every investment is, and the...

Real estate stocks dip slightly amid Fed Rate cut, housing starts data

by Mary Diduch | September 20, 2019 04:44PM

TRD NATIONAL

Real estate stocks dipped slightly this week amid the Federal Reserve’s decision to cut its benchmark interest rate and...

Alex Rodriguez, slugger-turned-investor, nears multifamily fundraise goal

by Katherine Kallergis | September 20, 2019 04:30PM

TRD NATIONAL

UPDATED, Sept. 21, 12:25 p.m.: Retired Yankees slugger Alex Rodriguez’s Monument Capital Management has raised the majority of a...

“Perhaps a sad inevitability:” Corcoran isn’t the only firm
under attack

by Erin Hudson | September 20, 2019 04:00PM

TRD New York

Last week’s stunning data breach at the Corcoran Group has residential brokerage leaders on alert amid rising cyberattacks. Brown...

Petra Levin snags condo at Ritz-Carlton Residences Miami Beach

by Keith Larsen | September 20, 2019 03:30PM

Petra Levin, the former Miss Germany, bought a condo at the Ritz-Carlton Residences, Miami Beach for $4.8 million, marking...

RXR Realty gets in on shared kitchen space startup’s national expansion

September 20, 2019 03:00PM

TRD NATIONAL

Scott Rechler’s RXR Realty is betting big on the shared commercial kitchen model. The developer led a Pasadena-based remote...

August was a slow month for home sales throughout South Florida

by Katherine Kallergis | September 20, 2019 02:30PM

After a jump in home sales in South Florida in July, closings fell throughout Miami-Dade, Broward and Palm Beach...

Allegations of employee theft, retaliation and female harassment at Swire: lawsuit

by Francisco Alvarado | September 20, 2019 01:30PM

A year after two ex-employees sued Swire Properties for discrimination, the Brickell City Centre developer is facing more internal...

Sunny Isles Beach imposes one-year development moratorium west of Collins Avenue

by Mike Seemuth | September 20, 2019 12:30PM

Sunny Isles Beach approved a one-year moratorium on real estate development in a low- and mid-rise area west of...

The Real Deal South Florida’s fall issue is now available to all subscribers

by TRD Staff | September 20, 2019 11:31AM

This edition’s cover star, retired Yankee all-star Alex Rodriguez, has been a real estate investor for many years, but...

Wendy Silverstein, co-head of WeWork’s real-estate fund, is out

by David Jeans and Kathryn Brenzel | September 20, 2019 11:24AM

TRD NATIONAL

The co-head of WeWork’s real estate investment fund has left the company, the latest in a string of recent...

Brookfield’s Hollywood Diplomat scores $168M refi

by Keith Larsen | September 20, 2019 10:30AM

Brookfield Asset Management secured a $168 million refinance loan for The Diplomat Beach Resort. Brookfield, through its Thayer Lodging...

Mark your calendars: These are South Florida’s top real estate events next week

September 20, 2019 09:45AM

Here are a few real estate events coming up next week: Host: Bisnow Date: September 25th Time: 8 a.m....

Trash tycoon dumps Jupiter mansion months after buying Palm Beach home

by Katherine Kallergis | September 20, 2019 08:45AM

One man’s trash is another man’s treasure? Garbage magnate Anthony Lomangino and his wife, Lynda, have offloaded their Jupiter...

MSC Cruises gets green light for $300M terminal project at PortMiami

by Mike Seemuth | September 19, 2019 06:24PM

The Miami-Dade County Commission on Thursday approved a $300 million terminal development by MSC Cruises at PortMiami. The cruise...

Former Miami mayor Maurice Ferré dies, banks seek to revise Adam Neumann’s credit line: Daily digest

September 19, 2019 05:00PM

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...

Rent reform in New York, California propels new wave of multifamily investors to Miami

by Katherine Kallergis | September 19, 2019 04:30PM

First, it was tax reform that pushed CEOs, hedge fund managers and other high-net-worth individuals to South Florida. They...

My Neighborhood: SoFi, Miami…

August 27, 2019 01:43PM

The year was 1992. Professional tennis player Yury Bettoni had left Ethiopia, where he was born, to train in the U.S. when he visited Miami for his first American vacation. Bettoni fell under the city’s spell and eventually moved...

Foreign Investment in Certain U.S. Real Estate May Require Government Approval

September 20, 2019 10:48AM

 Foreign investment in U.S. commercial real estate has been robust over the last few years and looks to continue...