Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering

A few of the properties in Palm Beach County (Credit: Google Maps)
A few of the properties in Palm Beach County (Credit: Google Maps)
Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering

These real estate companies got fat PPP loans

CIM Group’s Shaul Kuba, Knotel's Amol Sarva, The Agency’s Mauricio Umansky and Related Group’s Jorge Pérez (Getty, Sarva by Sasha Maslov)
These real estate companies got fat PPP loans

Hollywood approves multifamily affordable housing project

Housing Trust Group CEO and President Matt Rieger and renderings of the project (City of Hollywood)
Hollywood approves multifamily affordable housing project

WeDone: South Beach landlord seeks to evict WeWork for unpaid rent

WeWork at 429 Lenox Avenue (Credit: HFF)
WeDone: South Beach landlord seeks to evict WeWork for unpaid rent

ZOM buys land in Coral Gables, West Palm for senior living projects

Renderings of the projects and Greg West
ZOM buys land in Coral Gables, West Palm for senior living projects

Latest News

Kenneth Himmel, 102 Flagler Drive (Credit: Google Maps)

Related Urban CEO sells Palm Beach estate for $18M

Related Urban CEO Kenneth Himmel and his wife, Janet, sold their Palm Beach estate for $18.4 million. The couple...

Related Urban CEO sells Palm Beach estate for $18M
The Transamerica Building in San Francisco and Michael Shvo (Rawpixel Ltd via Flickr)

Shvo to buy Transamerica Building at 10% discount after Covid delay

Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco’s Transamerica Building — thanks...

Shvo to buy Transamerica Building at 10% discount after Covid delay
Map of priciest condo sales and One Thousand Museum (Credit: Google Maps and Wikipeda)

Miami condo sales bounce back

 Condo sales in Miami-Dade last week reached pre-pandemic levels. A total of 123 condos sold for $51 million last week in Miami-Dade County. That’s compared to 75 units that sold for $31 million...

Miami condo sales bounce back
Lodging delinquencies among commercial-mortgage-backed-security (CMBS) loans rated by Kroll Bond Ratings Agency reached 21.6 percent last month, up from 13.6 percent in May. (iStock)

TRD Insights: Hotel CMBS delinquencies jumped in June

Hotels’ occupancy rates have been rising, but their loan troubles are through the roof. Hotel delinquencies among commercial mortgage-backed...

TRD Insights: Hotel CMBS delinquencies jumped in June
Housing Trust Group CEO and President Matt Rieger and renderings of the project (City of Hollywood)

Hollywood approves multifamily affordable housing project

Hollywood approved a preliminary plan by Housing Trust Group to lease city-owned land for University Station, a mixed-use downtown...

Hollywood approves multifamily affordable housing project
CIM Group’s Shaul Kuba, Knotel's Amol Sarva, The Agency’s Mauricio Umansky and Related Group’s Jorge Pérez (Getty, Sarva by Sasha Maslov)

These real estate companies got fat PPP loans

In New York, California, Florida and Illinois a total of more than 1,000 real estate and real estate-related businesses...

These real estate companies got fat PPP loans
A few of the properties in Palm Beach County (Credit: Google Maps)

Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering

The federal government is seeking to seize 11 properties in Palm Beach County that were allegedly tied to a...

Feds seek to seize 11 properties in Palm Beach County allegedly tied to money laundering
Kurt Rappaport and Citi Field, home of the New York Mets (Getty, Wikimedia Commons)

Kurt Rappaport reportedly bidding to buy New York Mets

West Coast luxury broker and developer Kurt Rappaport is taking a swing at owning an East Coast baseball team....

Kurt Rappaport reportedly bidding to buy New York Mets
Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit

Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit

Geo Group, one of the largest private prison operators in the country, is putting inmates at risk of contracting...

Private prison REIT threatened inmates for reporting Covid-19 concerns: lawsuit

Inside The South Florida issue

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Will Moishe Mana's dream for downtown Miami ever become a reality?

Will Moishe Mana's dream for downtown Miami ever become a reality?

Will Moishe Mana's dream for downtown Miami ever become a reality?
2019 in review: the biggest deals, stories, lawsuits & more

2019 in review: the biggest deals, stories, lawsuits & more

2019 in review: the biggest deals, stories, lawsuits & more
Title fraud is on the rise. Here's why it won't stop anytime soon.

Title fraud is on the rise. Here's why it won't stop anytime soon.

Title fraud is on the rise. Here's why it won't stop anytime soon.
From left: Avra Jain, Anthony Scaramucci and Nick Rojo in front of Affiliated Development's SIX13

How Miami-based players are making the most of Opportunity Zones

How Miami-based players are making the most of Opportunity Zones
Dacra's Craig Robins on the most important things on his desk

Dacra's Craig Robins on the most important things on his desk

Dacra's Craig Robins on the most important things on his desk
Developers are banking on co-living, but will it catch on?

Developers are banking on co-living, but will it catch on?

Developers are banking on co-living, but will it catch on?
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Renderings of the projects and Greg West

ZOM buys land in Coral Gables, West Palm for senior living projects

ZOM Senior Living and Watermark Retirement Communities closed on land for two senior living projects in Coral Gables and...

ZOM buys land in Coral Gables, West Palm for senior living projects
Jho Low, the Viceroy L’Ermitage

Luxury Beverly Hills hotel is latest Jho Low property feds look to unload

In March, the federal government sold a 13,000-square-foot mansion in the exclusive Bird Streets neighborhood that once belonged to...

Luxury Beverly Hills hotel is latest Jho Low property feds look to unload
The threat of eviction hangs heavily above immigrant families who have lost work as a result of the coronavirus pandemic. (Getty)

Eviction bans don’t always protect the most vulnerable

Fearing homelessness and deportation, Wilfredo Avila found himself sleeping on a park bench, along with his girlfriend, Patricia Carillo,...

Eviction bans don’t always protect the most vulnerable
Photo illustration of Mayor Carlos Gimenez (Getty, iStock)

Restaurants, gyms to close again in Miami-Dade

UPDATED, July 7, 8:20 a.m.: Miami-Dade County Mayor Carlos Gimenez is ordering restaurants to close their dining rooms effective...

Restaurants, gyms to close again in Miami-Dade
Stephen Siegel of Fairstead, 21000 Ruth and Baron Coleman Boulevard in Boca Raton (Credit: Google Maps)

Jewish Federation sells Boca Raton senior living facility for $34M

The Jewish Federation of South Palm Beach County sold an affordable senior housing complex in Boca Raton to Fairstead...

Jewish Federation sells Boca Raton senior living facility for $34M
Opportunity Zones across the U.S. (Enterprise Community Partners)

TRD Insights: Little evidence that Opportunity Zone program helps poor communities

The Opportunity Zone program has been a huge success for well-capitalized real estate developers, but not for the disadvantaged...

TRD Insights: Little evidence that Opportunity Zone program helps poor communities
Bay Harbor One

Bay Harbor One buyer sues to get out of condo deal, citing alleged defects

Citing construction defects and potential future flooding issues, a Los Angeles buyer wants to kill his deal to buy...

Bay Harbor One buyer sues to get out of condo deal, citing alleged defects
Stephen and Petra Levin, David Deshe and 4350 North Bay Road (Credit: Nicholas Hunt/Getty Images, LinkedIn, and Google Maps)

Drink to that: Beverage tycoon sells waterfront Miami Beach lot to Vero Water mogul

Beverage tycoon Stephen Levin and his wife Petra sold a waterfront lot next to their Miami Beach mansion for...

Drink to that: Beverage tycoon sells waterfront Miami Beach lot to Vero Water mogul
(iStock)

UK home prices hit a low not seen since 2012

Home prices in the United Kingdom dropped ever so slightly year-over-year in June, the first annual drop since December...

UK home prices hit a low not seen since 2012

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