Russell Galbut and partner launch blank check company, plan to raise $100M
Developer Russell Galbut and investor Michael S. Liebowitz formed a blank check company aimed at raising $100 million to...
Luxury brokers battle over $520K commission tied to Fisher Island condo sale
Stefano Santoro sues ex-brokerage over email list, alleges stolen trade secrets
Baseball player Yonder Alonso sells Coral Gables home
À votre santé: Former Moët Hennessy CEO sells Bay Harbor Islands home for $8M
Latest News
“Sad day” in LA: CBRE’s corporate exit latest blow to dented office market
CBRE’s decision to shift its global HQ from Los Angeles to Dallas wasn’t mentioned on the company’s third-quarter earnings...
Real estate stocks end week mixed as virus fears rise and markets fall
Real estate services stocks largely ended a dismal week unscathed, as the broader markets fell for a second straight...
Jupiter agent Rob Thomson gets probation for domestic battery against ex-fiancée
Prominent Jupiter agent Rob Thomson agreed to five years of probation stemming from domestic battery charges filed in early...
Redfin accused of redlining in lawsuit
The National Fair Housing Alliance has accused Redfin of discriminatory policies and redlining, months after the national brokerage’s CEO pledged to address systemic racial discrimination. In a lawsuit filed Wednesday in the United States...
JLL, CBRE keep cutting as recovery drags
The commercial real estate industry’s biggest service firms continue to slash expenses as the economic slowdown squeezes their business. JLL and CBRE recently made layoffs and budget cuts to trim costs as revenues from...
Auto group chairman buys oceanfront Manalapan lot for $8M
The chairman of a New York-based auto group bought an oceanfront Manalapan lot for $7.9 million. Records show Kenneth...
Open air windfalls: Shopping centers breeze past malls in their recovery
Since reopening in May, Miami’s Upper Buena Vista has seen its foot traffic surpass normal pre-Covid levels, according to...
Atlantic Pacific’s plan for mixed-use affordable housing project near Cutler Bay advances
Atlantic Pacific Communities’ plans for a mixed-use development near Cutler Bay, with at least 500 residential units including affordable housing, are moving forward. Miami-Dade...
Inside LA’s opaque program to house homeless in hotels
Less than a year ago, black SUVs and international tourists crowded the L.A. Grand Hotel Downtown, a prime property...
Luxury brokers battle over $520K commission tied to Fisher Island condo sale
UPDATED, Oct. 30, 3:35 p.m.: A plumbing supply mogul’s $10.4 million purchase of a condo on Fisher Island is...
Healthcare magnate spends $24M on sixth South Florida nursing home
A healthcare magnate continued his South Florida nursing home buying spree, paying $23.95 million for a 245-bed unit in...
Knotel slashes its workforce again
Flex office provider Knotel is tightening its belt even more as Manhattan workers balk at the idea of returning to the workplaces. On a conference call Thursday afternoon, the company announced it has laid...
Hudson Pacific studio revenue takes hit
Hudson Pacific Properties achieved a major milestone this summer when it sold Blackstone Group 49 percent of its $1.65 billion Hollywood real estate portfolio, which includes 1.2 million square feet in soundstage space —...
How to get away with [selling a] murder [house]
Los Angeles might be just as famous for its grisly murders as it is for its movie industry. Tourists...
Billionaire building supplier buys Boca Raton mansion for $16M
Billionaire building supplies businesswoman Maggie Hardy-Knox bought a newly-built Royal Palm Yacht & Country Club mansion for $15.85 million....
Cohen Brothers employees allege harassment, endangerment
In March, Charles Cohen, the billionaire head of Cohen Brothers Realty, complained that it was “ridiculous how the news...
Lost summer, failed plan haunt Coney Island
Coney Island was eerily quiet this summer. The Cyclone did not clickety-clack, no screams pierced the salty air and tourists who normally roam the boardwalk were nowhere to be found. The seasonal destination missed...