3M homeowners remain in forbearance
Nearly 3 million U.S. homeowners were in forbearance programs as of this week, a massive amount but still a sharp drop from 4.76 million at the height of the pandemic. That’s according to a...
Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
Do over: North Miami Beach to re-vote on Dezer’s plan to redevelop Intracoastal Mall
MG3 buys former Miami Herald printing facility for $12M
Harvey Hernandez’s former partner seeks to put NGD Homesharing in receivership
Miami Beach investor sells waterfront home for $18M, following bidding war
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Bank OZK’s lending up in third quarter
New York’s commercial real estate market has been pummeled by the pandemic, but one of its biggest condo construction lenders reported almost no write-downs in the third quarter. On its earnings call Friday, Arkansas-based...
Do over: North Miami Beach to re-vote on Dezer’s plan to redevelop Intracoastal Mall
Dezer Development will return to the North Miami Beach commission for a re-vote on two ordinances tied to the...
MG3 buys former Miami Herald printing facility for $12M
MG3 Group, an Aventura-based private real estate company, bought the former Miami Herald printing facility in Doral for $11.6...
Eight stats tell the tale of Adam Neumann’s rise, fall, and return
Adam Neumann is back. In his first venture since leaving WeWork last year, the eccentric and brash Israeli entrepreneur...
Phil Collins wants to sell his Miami Beach mansion for $40M, but his ex-wife won’t leave
Phil Collins may be singing the lyrics to his best-known hit these days, as he tries to evict his...
At final presidential debate, talk of Opportunity Zones and “little tiny windows”
At Thursday’s presidential debate, there was less interrupting and more real-estate related discussion. The event marked the final faceoff...
Opendoor hires CIO from Ken Griffin’s Citadel
As it prepares to go public, Opendoor is bringing on a new hire from Citadel, Ken Griffin’s $32 billion...
Harvey Hernandez’s former partner seeks to put NGD Homesharing in receivership
After enduring legal battles over a robotic car elevator at a Brickell condo and a suit filed by Airbnb,...
Gap Inc. will close 350 stores and exit malls entirely
Another big retailer is leaving struggling malls behind. Gap Inc. announced Thursday that it will close 350 of its...
Real estate for data centers is having a moment
Real estate for data centers is booming as the popularity of streaming services like TikTok drives demand. Digital Realty...
One Thousand Museum developer sells Allison Island home
One Thousand Museum co-developer Gregg Covin sold a newly built waterfront Allison Island spec home for $12.5 million. Covin’s...
WeWork bonds, already junk, downgraded by Fitch
WeWork’s credit rating, already rated as junk, has been downgraded on concerns that the pandemic could seriously weaken demand...
Miami Beach investor sells waterfront home for $18M, following bidding war
Miami Beach investor Greg Mirmelli sold a waterfront Miami Beach house for $18 million, following a bidding war, The...
Cash-strapped borrowers are increasingly giving keys back to lenders
UPDATED, Oct. 23, 2020, 5:15 p.m.: Many commercial mortgage-backed securities borrowers that are strapped for cash are trying to...
Goya Foods heir buys Palm Beach mansion for $11M
An heir to the Goya Foods fortune closed on a home in Palm Beach for $11.3 million. The estate...
The Closing: Wendy Silverstein
Wendy Silverstein’s career has been all about getting her hands dirty. The 17-year veteran of Vornado Realty Trust helped grow the company from a $3 billion owner of New Jersey strip malls to a...
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...