Morgan Reed Group lists Rail 71 development for $33M

Rail 71, Tony Arellano and Devlin Marinoff
Rail 71, Tony Arellano and Devlin Marinoff
Morgan Reed Group lists Rail 71 development for $33M

Fund manager’s wife buys Boca Raton mansion for $13M

249 West Alexander Palm Road and Kimberly Vassalluzzo
Fund manager’s wife buys Boca Raton mansion for $13M

LI agents routinely discriminate against minority buyers, undercover probe finds

The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)
LI agents routinely discriminate against minority buyers, undercover probe finds

Last call for Purdy Lounge. Miami Beach bar announces closure

Purdy Lounge in Miami Beach (Credit: Facebook)
Last call for Purdy Lounge. Miami Beach bar announces closure

Russell Galbut wants to sell another Miami Beach hotel

From left: Keith Menin and Russell Galbut, with the Domio Kaskades Hotel
Russell Galbut wants to sell another Miami Beach hotel

The Flooring King buys a new palace in Miami Beach

Antonio Sustiel and 266 South Coconut Lane (Credit: Facebook and Zillow)
The Flooring King buys a new palace in Miami Beach

Latest South Florida

Close to 100 employees were given notice on Monday morning (Credit: iStock)

Ten-X Commercial lays off nearly half its workforce

Ten-X Commercial, an online real estate transaction platform, laid off half its workforce after efforts to sell the company...

Ten-X Commercial lays off nearly half its workforce
Daily Digest Miami

Last call for Purdy Lounge, Russell Galbut wants to sell another Miami Beach hotel: 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...

Last call for Purdy Lounge, Russell Galbut wants to sell another Miami Beach hotel: Daily digest
Purdy Lounge in Miami Beach (Credit: Facebook)

Last call for Purdy Lounge. Miami Beach bar announces closure

Purdy Lounge in Miami Beach’s Sunset Harbour neighborhood will hold its last last call on February 8. The popular...

Last call for Purdy Lounge. Miami Beach bar announces closure
Rail 71, Tony Arellano and Devlin Marinoff

Morgan Reed Group lists Rail 71 development for $33M

Morgan Reed Group is looking to cash out on its investment in a Little River office development. The company...

Morgan Reed Group lists Rail 71 development for $33M
From left: Keith Menin and Russell Galbut, with the Domio Kaskades Hotel

Russell Galbut wants to sell another Miami Beach hotel

Miami Beach developer Russell Galbut and his nephew Keith Menin are looking to sell another Miami Beach hotel. A...

Russell Galbut wants to sell another Miami Beach hotel
249 West Alexander Palm Road and Kimberly Vassalluzzo

Fund manager’s wife buys Boca Raton mansion for $13M

The wife of an investment manager bought a waterfront Boca Raton mansion for $13 million, adding to the list...

Fund manager’s wife buys Boca Raton mansion for $13M
The bombshell probe also found that minorities had to meet more stringent financial qualifications than white buyers. (Credit: iStock)

LI agents routinely discriminate against minority buyers, undercover probe finds

A three-year undercover investigation by Newsday found 40 percent of Long Island brokers routinely discriminate against minority buyers. Black...

LI agents routinely discriminate against minority buyers, undercover probe finds
More than 4,000 people are expected to receive notice in coming weeks (Credit: iStock)

Major WeWork layoffs to begin today

More than a third of WeWork’s 12,000 employees will likely receive notice this week that they no longer have a job. The layoffs are part of an effort by the struggling office-space company to...

Major WeWork layoffs to begin today
Antonio Sustiel and 266 South Coconut Lane (Credit: Facebook and Zillow)

The Flooring King buys a new palace in Miami Beach

A former owner of Jungle Island sold his Miami Beach home to the self-proclaimed Flooring King for $5.8 million,...

The Flooring King buys a new palace in Miami Beach


Inside The South Florida issue

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

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

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

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

Rise condo re-sellers are losing money on their investments

Rise condo re-sellers are losing money on their investments

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

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

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

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

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From left: WeWork’s Adam Neumann and SoftBank’s Masayoshi Son (Photo-Illustration by Nazario Graziano)

Piecing together SoftBank’s disruptive real estate bets

Masayoshi Son was widely regarded as an eccentric-but-gifted entrepreneur when, in 2014, he dazzled investors during an earnings presentation...

Piecing together SoftBank’s disruptive real estate bets
Edgardo Defortuna, an aerial of 18551 Old Cutler Road, and renderings of the project (Credit: Google Maps)

Cutler Bay axes Edgardo Defortuna’s plans for single-family development

Edgardo Defortuna’s 16-year plan to build a new development along Biscayne Bay in Cutler Bay was shot down by...

Cutler Bay axes Edgardo Defortuna’s plans for single-family development
Brickell Flatiron (Photo Credit: Golden Dusk Photography)

Brickell Flatiron retail space closes for $22.5M amid lawsuit

Despite suing developer CMC Group for an unfavorable redesign of Brickell Flatiron’s commercial space, Avi Dishi and Haim Yehezkel...

Brickell Flatiron retail space closes for $22.5M amid lawsuit
Daily Digest Miami

Construction worker killed in Hallandale electrocution, developer under contract for site near Fort Lauderdale Brightline

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...

Construction worker killed in Hallandale electrocution, developer under contract for site near Fort Lauderdale Brightline
From left: James Grage, Matthew Elliott, and Marc Hameroff, with the home

Fitness expert wants to shed his Hollywood home via auction

A fitness expert, bodybuilder and supplement maker is looking to shed his waterfront estate in Hollywood. James Grage, co-founder...

Fitness expert wants to shed his Hollywood home via auction
Jim Whelan, Michael Stern and more to join Future City 2020

Jim Whelan, Michael Stern and more to join Future City 2020

TRD is bringing some of the brightest minds in real estate to the Bahamas this winter. We’re excited to...

Jim Whelan, Michael Stern and more to join Future City 2020
SEC launches WeWork probe: report

SEC launches WeWork probe: report

The U.S. Securities and Exchange Commission has launched an inquiry into WeWork to determine if the company violated reporting rules ahead of its doomed planned public offering. Citing two unnamed sources, Bloomberg reported that...

SEC launches WeWork probe: report
Jorge Pérez and Jon Paul Pérez (Credit: Wikipedia)

Miami’s condo king will hand crown to son next year

Miami’s condo king is preparing to hand over the title of president to his son within the next year....

Miami’s condo king will hand crown to son next year
Coming soon: TRD’s 250th issue!

Coming soon: TRD’s 250th issue!

The Real Deal will be celebrating its 250th issue this January! This special commemorative issue will include a look...

Coming soon: TRD’s 250th issue!
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