Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Floyd Mayweather & 5501 Pine Tree Drive, Miami Beach (Credit: Google Maps and Jun Sato/Getty Images)
Floyd Mayweather & 5501 Pine Tree Drive, Miami Beach (Credit: Google Maps and Jun Sato/Getty Images)
Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Passing the crown: Jon Paul Pérez to be Related prez

Jon Paul Pérez and Jorge Pérez
Passing the crown: Jon Paul Pérez to be Related prez

13th Floor scores approval for housing community on former golf course in Tamarac

Mike Nunziata & the site map
13th Floor scores approval for housing community on former golf course in Tamarac

Inside Ryan Serhant’s new brokerage

Ryan Serhant (Getty Images)
Inside Ryan Serhant’s new brokerage

Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M

1500 West 21st Street and Todd Glaser (Glaser by Mary Beth Koeth, Todd Michael Glaser)
Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M

Latest News

Data on third quarter CRE investments suggests a nationwide improvement, but Manhattan has been slow to recover (iStock)

NY falls behind Dallas, LA in CRE investment as deals surge nationwide

After the pandemic dramatically slowed commercial real estate deals across the U.S., the summer saw an uncharacteristically high uptick...

NY falls behind Dallas, LA in CRE investment as deals surge nationwide
Residential sales experienced a surge in September

September home sales soar in South Florida

Residential sales experienced a surge in September throughout South Florida, according to the Miami Association of Realtors. Miami-Dade, Broward and Palm Beach counties all experienced double-digit jumps, year-over-year, in total sales. While the months...

September home sales soar in South Florida
Clockwise from top left: 1801 NW 82nd Ave, Miami; 6600 Congress Avenue, Boca Raton; 501 103rd Avenue, Royal Palm Beach; 3423 McIntosh Road, Hollywood (Google Maps)

South Florida industrial market shows signs of weakness in Q3

South Florida’s industrial market — believed to be resilient to coronavirus as demand for distribution space and cold storage...

South Florida industrial market shows signs of weakness in Q3
Paul Singer of Elliott Management (Getty; iStock)

Billionaire Paul Singer’s hedge fund dumps NYC for West Palm Beach

Paul Singer is taking his talents to West Palm Beach. The billionaire is moving the headquarters of his hedge...

Billionaire Paul Singer’s hedge fund dumps NYC for West Palm Beach
“The Great One” lists Thousand Oaks mansion

“The Great One” lists Thousand Oaks mansion

Former NHL superstar and Los Angeles King Wayne Gretzky is selling the Thousand Oaks estate he and his wife...

“The Great One” lists Thousand Oaks mansion
Eric Wu (Photo by Aaron Wojack)

This man wants to make your home a commodity

In Opendoor’s early days, employees knew what they were up against. And if they didn’t, Spencer Rascoff spelled it...

This man wants to make your home a commodity
Itai Kathein and Jay Adair with the distribution center on the property (Credit: Google Maps)

Sold! Online auto auctioneer pays $35M for Homestead land

Going … going … gone. A publicly traded provider of online car auctions paid $34.75 million for 117 acres...

Sold! Online auto auctioneer pays $35M for Homestead land
The National Multifamily Housing Council’s monthly payment tracker found that 90.6 percent of those households paid some rent by Oct. 20. (iStock)

Rent collections in market-rate apartments stagnate in October

Rental payments for market-rate apartments are holding steady from September, but down slightly from last year. The National Multifamily...

Rent collections in market-rate apartments stagnate in October
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Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

A city of Miami board rejected plans for Melo Group’s latest downtown Miami project, and approved plans for separate projects from Crescent Heights and...

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Existing home sales rose again in September as listed inventory sunk to a new low. (iStock)

Existing homes sales remain high, but inventory is “historically low”

Sales for previously owned homes surged for a fourth consecutive month, but the number of properties for sale sunk...

Existing homes sales remain high, but inventory is “historically low”
Floyd Mayweather & 5501 Pine Tree Drive, Miami Beach (Credit: Google Maps and Jun Sato/Getty Images)

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss

Professional boxer Floyd Mayweather Jr. sold his waterfront Miami Beach home for $6.3 million, taking a loss of over...

Taking it on the chin: Floyd Mayweather Jr. sells Miami Beach home at a loss
Bill Gurley of Benchmark (Getty; Unsplash)

Benchmark’s Bill Gurley: We’ll now back startups without offices

No office, no problem, according to one of Silicon Valley’s major tech investors. In a concerning turn for commercial...

Benchmark’s Bill Gurley: We’ll now back startups without offices
1500 West 21st Street and Todd Glaser (Glaser by Mary Beth Koeth, Todd Michael Glaser)

Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M

Spec home developer Todd Michael Glaser paid $5.9 million for a waterfront home he is building, and plans to...

Todd Glaser buys waterfront Sunset Islands home with plans to list it for $10M
Mike Nunziata & the site map

13th Floor scores approval for housing community on former golf course in Tamarac

13th Floor Homes’ longtime plans to develop a housing community on former golf courses in Tamarac are moving forward....

13th Floor scores approval for housing community on former golf course in Tamarac
(iStock)

Older Americans increasingly saddled with housing debt

The share of older Americans with housing debt has doubled over the last 20 years, rising from 15.3 percent...

Older Americans increasingly saddled with housing debt
Can iBuying go the distance?

Can iBuying go the distance?

When George Schneider decided to sell his home this spring, Opendoor made him an offer he couldn’t refuse. Schneider had paid $76,750 for his three-bedroom stucco house in the Phoenix suburbs a decade earlier....

Can iBuying go the distance?
Mayor Bud Scholl and EverWest CEO Rick Stone with 1101 East 33rd Street, Hialeah (City of Sunny Isles Beach, EverWest)

Sunny Isles mayor sells Hialeah warehouse for $13M

A company tied to the mayor of Sunny Isles Beach and a fellow South Florida real estate investor sold...

Sunny Isles mayor sells Hialeah warehouse for $13M
Starwood CEO Barry Sternlicht, InTown Suites CEO Ash Kapur and 1071 NE 28th Avenue in Homestead (Getty, Google Maps)

Starwood scores $265M refi for portfolio of InTown, Uptown hotels

Starwood Capital Group secured $265 million in refinancing for a portfolio of 58 extended-stay and midscale hotels nationwide, representing...

Starwood scores $265M refi for portfolio of InTown, Uptown hotels

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