National
Here’s where foreign homebuyers came from and bought during pandemic
International sales were severely hampered by the pandemic in 2020, but buyers from several countries still managed to pluck...
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Renaissance Properties sells Aventura office complex for $140M
Mila restaurant to add entertainment venue on Lincoln Road
Tech mogul Paul Bloch buys waterfront Miami Beach lot, plans mansion
Grupo Marquise co-founder sells waterfront Miami Beach mansion for $27M
Latest News
Bowery Properties buys Little Haiti apartment portfolio for $12M
An apartment portfolio in Miami’s Little Haiti sold for $11.6 million, as the neighborhood undergoes redevelopment. Bowery Properties, led...
National
Landlords sue federal gov’t over rental losses during CDC eviction ban
In three days, the federal ban on evictions is set to expire, allowing landlords in most states to take...
National
Commercial property sales outpace pre-pandemic figures in Q2
Commercial property sales are broadly rebounding to pre-pandemic levels across the country, though the same success isn’t being seen...
Renaissance Properties sells Aventura office complex for $140M
Renaissance Properties NY sold the Aventura Corporate Center for $140 million to a New York-based investment group that plans...
National
Sam Zell’s Equity Residential reports recovery in rental occupancy
The pandemic hit the bottom line of Sam Zell’s Equity Residential pretty hard, but the worst is finally in...
National
Unibail-Rodamco plans “radical reduction” of regional malls
Unibail-Rodamco-Westfield will look to sell its regional malls in the U.S. as it struggles to recover from the pandemic’s...
National
Covid surge, CDC reversal upends back-to-office plans
As the Delta variant fuels a nationwide surge in Covid cases, employers’ return-to-work plans are being thrown into a...
Tech mogul Paul Bloch buys waterfront Miami Beach lot, plans mansion
Tech entrepreneur Paul Bloch paid $7.1 million for a waterfront lot in Miami Beach where he’s planning to build...
National
Rise in home prices frees banks to offload mortgage risk
Banks are among the institutions taking advantage of a hot housing market by shedding mortgage risk with a new...
National
Work-from-home threat “overstated,” Boston Properties CEO says
One of the nation’s largest office landlords isn’t worried about the rise of remote work. While the continued work-from-home...
Mila restaurant to add entertainment venue on Lincoln Road
Restaurateur Gregory Galy and his partners won approval to add an entertainment venue to Mila on Lincoln Road in...
National
CBRE pays $1.3B for 60% stake in London-based project manager
In one of its biggest acquisitions ever, CBRE is paying $1.3 billion for a majority stake project manager Turner...
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Hospitality mogul David Grutman and rapper and entrepreneur Pharrell Williams could use some good vibes for their Goodtime Hotel. The hotel, which opened at...
National Insights
CMBS loan issuance is booming — but not in the usual areas
In the commercial mortgage-backed securities world, conduit loans have always been the bread and butter of the market. But...
National Issue
How a Singaporean REIT’s mighty US hotel investment sunk
A retired British ocean liner. A decommissioned Soviet submarine. And now, a bankrupt Singaporean real estate investment trust. All...
National
CoStar Q2 net income down 17%
CoStar Group’s second quarter profits fell after a strong first quarter even as traffic on its analytics and online marketplace jumped. The real estate data giant posted $61 million in net income from April...
Grupo Marquise co-founder sells waterfront Miami Beach mansion for $27M
Brazilian businessman Jose Carlos Pontes sold his waterfront Hibiscus Island mansion for $26.5 million. A trust managed by Ruddman...