Miami Beach orders historic oceanfront Deauville resort to be demolished
After years of neglect and disrepair, the Deauville Beach Resort will be demolished, the city of Miami Beach declared...
Commercial Real Estate
Mast Capital JV reels in $71M loan for Miami River multifamily development
A Mast Capital-led joint venture reeled in a $70.5 million loan to begin construction of a 342-unit apartment building...
National
XS Ranch in Texas finally finds a buyer after emerging from bankruptcy
An 8,700 Texas ranch that sat in development purgatory for more than five years finally emerged from bankruptcy and...
National
Watch: What happens when fintech blurs into proptech?
Ryan Simonetti divides real estate into four key buckets: design and development, service and operations, sales and marketing, and...
National Issue
LA industrial developers turn to office conversions
It looked like just another Southern California office deal when a couple of low-rise office buildings with plentiful parking...
National
Supply-chain crisis likely to persist well beyond 2022: Prologis
It will probably be years before the supply chain crisis ends and industrial real estate supply and demand finds...
National
Watch: Apple drops first trailer for WeWork series starring Jared Leto
“WeWork isn’t just a company. It’s a movement.” Those words may prove prophetic to viewers of “WeCrashed,” a new...
Miami-Dade office vacancies plateaued in 2021, while asking rents kept rising
Office landlords in Miami-Dade County continued to push up rents in 2021, even as the market experienced double-digit vacancies,...
National
New York-based brokerage ramps up multifamily push in Texas, nationally
Multifamily is hot in Texas – and across the U.S. – and New York-based Global Real Estate Advisors is...
Blackstone goes all-in on South Florida affordable housing with over $300M portfolio deal
Blackstone Real Estate Income Trust went all-in on South Florida affordable housing, scooping up more than a dozen apartment...