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From left: William Kakon and Ophir Sternberg

South Florida property owners offer free rent in April, May

Some South Florida landlords are going beyond rent deferments and case-by-case deals, as the majority of tenants struggle to...

South Florida property owners offer free rent in April, May
From left: Donald Trump, Jane Goldman of Solil Management, Jorge Perez of Related Group, Stephen Ross of Related Companies, Jeff Greene, Brian Chesky of Airbnb, Sam Zell of Equity Group Investments, Jeff Sutton of Wharton Properties with Adam Neumann, former WeWork CEO (Illustration by The Real Deal)

These US real estate titans made Forbes’ billionaires list

More than 2,000 people — and hundreds of U.S. real estate titans — cracked Forbes’ latest list of the...

These US real estate titans made Forbes’ billionaires list
Alitza Weiss, principal of Weiss Group of Companies and a rendering of Towers at Blue Lagoon

Weiss Group scores $21M loan for mixed-use project near MIA

UPDATED, April 15, 1:40 p.m.: Weiss Group of Companies scored $21.3 million in bridge financing to build a mixed-use,...

Weiss Group scores $21M loan for mixed-use project near MIA
Federal Reserve Chairman Jerome Powell (Photo by Sarah Silbiger/Getty Images)

Fed ramps up lending with new $2.3T program

The Federal Reserve is injecting an additional $2.3 trillion in loans to bolster a frozen economy, which continues to be on lockdown as the spread of the coronavirus accelerates. Thursday’s financing announcement came as...

Fed ramps up lending with new $2.3T program
Simon Ziff (Photo by Emily Assiran)

The Closing: Simon Ziff

Simon Ziff has been at the helm of Ackman-Ziff Real Estate Group since 1995. As one of the most prominent boutique real estate debt and equity brokerages in the country, the company closed more...

The Closing: Simon Ziff
Norman Braman, Jorge Perez and Magic City Jai Alai (Credit: Google Maps, Braman by Nicholas Hunt/Getty Images; jai alai player via Wikimedia Commons)

Norman Braman, Jorge Perez and homeowner groups sue to stop Edgewater jai alai facility

Billionaire auto dealer Norman Braman and developer Jorge Perez have teamed up with two Miami homeowner groups to file...

Norman Braman, Jorge Perez and homeowner groups sue to stop Edgewater jai alai facility
Virtual brokerage eXp slashes 15% of staff

Virtual brokerage eXp slashes 15% of staff

eXp Realty’s remote-work model may have spared it some of the transition pains suffered by traditional brokerages in the age of social distancing, but the virtual brokerage is hardly immune to the effects of...

Virtual brokerage eXp slashes 15% of staff
Barry Gosin, Sandeep Mathrani and Christian Ulbrich

WeWork taps JLL, Newmark to help negotiate rent relief

WeWork has hired JLL and Newmark Knight Frank to help it negotiate rent relief or convert lease deals into...

WeWork taps JLL, Newmark to help negotiate rent relief
5775 Collins Avenue and 1775 James Avenue

Miami Beach orders 57 Ocean and Hotel 18 construction sites to shut down

The city of Miami Beach issued stop work orders at 57 Ocean and Hotel 18’s construction sites, saying they...

Miami Beach orders 57 Ocean and Hotel 18 construction sites to shut down
From left: David Lichtenstein, Nathan Berman and David Schwartz

Not so fast, vultures: Multifamily among better “food groups” poised to weather pandemic

Lightstone’s David Lichtenstein would like to make one thing clear: Not all property classes are in immediate peril. “Read my lips: You are not...

Not so fast, vultures: Multifamily among better “food groups” poised to weather pandemic
When the coronavirus crisis subside, offices could do away with hot-desking (Credit: iStock)

How the coronavirus could change the office of the future

Most people around the globe have wondered what long-term impacts the coronavirus pandemic could have on their jobs, the...

How the coronavirus could change the office of the future
1717 Sabal Palm Drive, Steve Calkins (Credit: Premier Estate Properties/Youtube, and LinkedIn)

Former Office Depot exec sells Boca Raton home for $6M

A former general counsel at Office Depot sold a home in Boca Raton’s Royal Palm Yacht & Country Club...

Former Office Depot exec sells Boca Raton home for $6M
Homeowners are halting mortgage payments as forbearance rates surge. (Credit: iStock)

Mortgage forbearance surged on April 1: report

As tenants struggle to pay rent, homeowners are struggling to make mortgage payments. The rates of mortgages in forbearance...

Mortgage forbearance surged on April 1: report
From left: Intercontinental Miami, Hotel 166 in Chicago and the Ritz-Carlton in New York (Credit: IC Miami Hotel, Google Maps and The Ritz-Carlton)

Hotel occupancy rate across US drops to 22%

The coronavirus pandemic continued to batter the U.S. hotel market in the first week of April. The national hotel occupancy rate plunged to 21.6 percent for the week ending April 4, a nearly 69...

Hotel occupancy rate across US drops to 22%
Clockwise from top left: 3995 North Miami Ave., 5 Northeast 39th St., 1 Northeast 40th St. through 35 Northeast 40th St. (Credit: Google Maps, iStock)

Lender lists troubled RedSky’s Miami Design District portfolio

RedSky Capital’s entire Miami Design District portfolio, encompassing 14 buildings with 125,000 square feet of space, is hitting the...

Lender lists troubled RedSky’s Miami Design District portfolio
The drop occurred after a record 6.6 million Americans filed for unemployment benefits last week. (Credit: photo by Victor J. Blue/Getty Images; iStock)

Early April sees 15% drop in rent-paying nationwide: report

Only 69 percent of tenants paid rent in the first five days of April — a 12-point drop from...

Early April sees 15% drop in rent-paying nationwide: report
Airbnb CEO Brian Chesky (Photo by Stefanie Keenan/Getty Images for Airbnb)

Airbnb’s $1B fundraise comes with a hefty valuation cut

The terms of Airbnb’s billion-dollar fundraise have come out and it’s not pretty. The home-sharing company agreed to pay...

Airbnb’s $1B fundraise comes with a hefty valuation cut
Starwood Capital Group’s Barry Sternlicht, Starwood’s Miami Beach HQ at 2340 Collins Avenue

Starwood scores $76M construction loan for Miami Beach HQ

Starwood Capital Group scored a $76 million loan to build its new headquarters in Miami Beach. The investment firm,...

Starwood scores $76M construction loan for Miami Beach HQ

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