National
Leisure and hospitality lost 500K jobs in December
The coronavirus continued to have disparate effects on real estate in December, with some sectors continuing to shrink while...
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National
Goodbye, LA: Barrack’s Colony packs bags for Boca Raton
Tom Barrack has relocated Colony Capital’s corporate headquarters to Florida from Los Angeles. The real estate investment trust moved...
Ari Pearl, Jonathan Leifer acquire Bay Harbor Islands hotel out of foreclosure
Developer Ari Pearl and investor Jonathan Leifer paid $30 million for the Tryp Hotel in Bay Harbor Islands, with...
National
Worst of the worst: The real estate disasters of 2020
Vacant offices. Shuttered restaurants. Empty hotels. The pressure on real estate was relentless this year as the pandemic took...
South Florida’s biggest real estate stories of 2020
With far fewer tourists and far more remote work, it’s no surprise that South Florida hotels, offices, retailers and...
National
Die another day: Ashford gets $350M to survive pandemic
The price is high, but one of the nation’s largest hotel investment trusts will live to be hospitable another...
National
Ashford: Insolvency imminent without new financing
Ashford Hospitality Trust is running on fumes, the real estate investment trust disclosed Monday. The Dallas-based owner of upscale...
Here are South Florida’s biggest hotel sales in 2020
The hotel market was among the hardest hit sectors of the coronavirus pandemic in 2020, resulting in many owners...
National
Alex Rodriguez and Adi Chugh join $650M hotel fund
Retired baseball superstar Alex Rodriguez found his latest real estate investment. Rodriguez’s A-Rod Corp and joint venture partner Adi...
National
“A culling of the weaker assets”: Where hedge funds are investing
It’s a loan buyer’s market and hedge funds are ready to make a deal. Companies are looking to provide...
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