Lease roundup: Thoma Bravo signs major lease in Brickell & more
Thoma Bravo | Miami Thoma Bravo expanded to Miami. The firm signed a long-term lease at 830 Brickell, a...
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National
Biden’s proposal to cut 1031 exchanges may be “tremendous blow” to real estate: experts
Last spring, Newmark broker Ken Zakin was hustling to find a buyer for a client’s retail property in Queens. The tenants had stopped paying...
National Weekend Edition
JLL explores sale of China property management wing
JLL is considering offloading one of its global businesses. The Chicago-based firm is exploring a sale of its China...
Issue
The money’s moving to South Florida. Will the office leases follow?
Law firm Levine Kellogg Lehman Schneider + Grossman, now at downtown Miami’s Citigroup Center, plans to cut its space...
National Issue
Weird flex but OK: How CRE giants hope to cash in on the future of the office
As a vision of the post-vaccine future of the workplace began to emerge late last year, Industrious co-founder Jamie...
National
JLL gets in rental home business
JLL is entering the single-family rental game. The commercial real estate giant is set to become a minority investor in Roofstock, an online rental housing investment platform, the Wall Street Journal reported. Roofstock will...
National
JLL earnings fell 24% in 2020
JLL’s earnings fell by nearly a quarter in 2020, driven by a sharp decline in leasing revenues. Adjusted EBITDA fell 24 percent last year to $860 million, the global brokerage announced Tuesday. The drop...
Movers & Shakers: RelatedISG names vice president & more
UPDATED, Jan. 11, 12:15 p.m.: RelatedISG International Realty promoted Liz Lopez to vice president. Lopez, previously a sales manager,...
National
JLL backs out of selling Trump’s DC hotel
JLL has dropped its involvement with the effort to sell President Donald Trump’s Washington, D.C., hotel. The real estate brokerage is ‘“not going to be involved in selling that hotel,” a JLL spokesperson told...
National
JLL says hasn’t seen “anything worth spending our…money on” after reportedly passing on Cushman
JLL CEO Christian Ulbrich didn’t exactly say Cushman & Wakefield wasn’t worth a page out of its checkbook. But the executive did throw shade...
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