AIG, Goldman lend on Shvo’s “Big Red” buy in Chicago
AIG and Goldman Sachs provided Michael Shvo and his partner with a $240 million loan to acquire Chicago’s “Big...
Cooper City gives nod to Monterra development makeover
“I don’t want to beat on our chest and say that we’re perfect:” Redfin’s Glenn Kelman responds to his critics
Scoundrels of the skyline: Charles Bagli on the most colorful characters in the real estate biz
TF Cornerstone affiliate pays $12M for Palm Beach mansion
Latest News
Bilgili wants Shvo to open his books
Turkish real estate mogul Serdar Bilgili tapped his Rolodex two years ago to build a partnership that’s been buying trophy U.S. properties with abandon. But now that Bilgili claims his partner Michael Shvo cut...
Cooper City gives nod to Monterra development makeover
Plans for the remaining vacant land at Monterra, a 500-acre gated community in Cooper City, are pivoting from a...
Airbnb’s Q2 revenue falls by almost 70%
Airbnb’s revenue fell by a reported 67 percent in the second quarter, as the startup weathered the fallout from a halt in global travel. The company’s quarterly revenue plunged to $335 million — down...
Scoundrels of the skyline: Charles Bagli on the most colorful characters in the real estate biz
When Charles Bagli first started poking into the businesses and lives of New York’s real estate elite more than three decades ago, he made...
Former Miss Ukraine pays $20M for waterfront Palm Island mansion
A Ukranian beauty queen and lawyer, and her investor husband, paid $19.75 million for a waterfront mansion on Miami...
Discount retailer Stein Mart files for bankruptcy, plans to close most stores
Off-price retailer Stein Mart is the latest brick-and-mortar chain to file for Chapter 11 bankruptcy protection. The Jacksonville, Florida-based...
Healthcare mogul buys waterfront Bal Harbour home for $9M
A controversial healthcare mogul bought a waterfront Bal Harbour house for $9.3 million. Bent Philipson and his wife, Deborah,...
“I don’t want to beat on our chest and say that we’re perfect:” Redfin’s Glenn Kelman responds to his critics
The shocking death of George Floyd at the hands of Minneapolis police in May prompted real estate executives around the country to speak out...
Inside The South Florida issue
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What it's like to sell a luxury home in the Upper Keys
South Florida brokerages go virtual during coronavirus pandemic
With curfews and public assembly restrictions, what will happen to malls?
Brightline reborn a Virgin: Some key numbers ahead of the train's rebranding
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Developer Rishi Kapoor lands approval for mixed-use co-living project in South Beach
Developer Rishi Kapoor is a step closer to bringing his Urbin Retreat concept to South Beach. Kapoor and his...
Mortgage applications rise as rates fall to another record low
Applications for home loans rose last week, though concerns about supply and the economy linger. The volume of applications...
Miami Beach board again delays vote on Michael Shvo’s proposed tower near Raleigh Hotel
New York real estate developer Michael Shvo’s proposal to build a 200-foot-tall tower beside three Art Deco hotels was...
Simon, Authentic Brands to buy Brooks Brothers
Brooks Brothers has found its white knight in mall giant Simon Property Group and apparel licensing firm, Authentic Brands...
Winn-Dixie-anchored shopping center sells for $14M
A Miami Gardens shopping center anchored by a Winn-Dixie supermarket sold for $14.5 million. A company affiliated with Smithtown,...
Fear and loathing in a pandemic: Insurers battle business interruption claims
As a Las Vegas casino owner, Phil Ruffin is used to taking risks. But this time the odds seem...
Macerich posts $27M loss; CEO touts brick-and-mortar retail
Mall landlord Macerich posted a $26.7 million net income loss in the second quarter as the Santa Monica-based firm...
Here’s the real estate record for Kamala Harris
While serving as California attorney general, Kamala Harris could have gone after Steve Mnuchin for alleged mortgage fraud at...
Miami Beach’s Star Island regains its luster
Miami Beach’s Star Island has long attracted such high-profile residents as Sean “Diddy” Combs, Gloria and Emilio Estefan, plastic...