The Latest

Serdar Bilgili and Michael Shvo (Illustration by Paul Dilakian for The Real Deal)

Inside the ugly dispute between Michael Shvo and his partner pal

Michael Shvo’s rule-breaking had finally caught up with him. The controversial broker-turned-developer was sidelined on more than $2 billion...

Inside the ugly dispute between Michael Shvo and his partner pal
What tenants are paying at Shvo and Deutsche Finance’s “Big Red” building

What tenants are paying at Shvo and Deutsche Finance’s “Big Red” building

Michael Shvo and Deutsche Finance America’s buy of the “Big Red” office tower last month marked the biggest Chicago...

What tenants are paying at Shvo and Deutsche Finance’s “Big Red” building
Michael Shvo and a rendering of the project

Michael Shvo’s proposed Miami Beach tower gets haircut and approval

The Miami Beach Historic Preservation Board approved developer Michael Shvo’s plans to add a residential tower behind the landmark...

Michael Shvo’s proposed Miami Beach tower gets haircut and approval
AIG, Goldman lend on Shvo’s “Big Red” buy in Chicago

AIG, Goldman lend on Shvo’s “Big Red” buy in Chicago

AIG and Goldman Sachs provided Michael Shvo and his partner with a $240 million loan to acquire Chicago’s “Big...

AIG, Goldman lend on Shvo’s “Big Red” buy in Chicago
Michael Shvo and Serdar Bilgili in December 2019 (Getty, iStock)

Bilgili wants Shvo to open his books

Turkish real estate mogul Serdar Bilgili tapped his Rolodex two years ago to build a partnership that’s been buying trophy U.S. properties with abandon. But now that Bilgili claims his partner Michael Shvo cut...

Bilgili wants Shvo to open his books
Michael Shvo and a rendering of the tower (City of Miami)

Miami Beach board again delays vote on Michael Shvo’s proposed tower near Raleigh Hotel

New York real estate developer Michael Shvo’s proposal to build a 200-foot-tall tower beside three Art Deco hotels was...

Miami Beach board again delays vote on Michael Shvo’s proposed tower near Raleigh Hotel
Michael Shvo, 333 South Wabash Ave. and Transamerica Pyramid (Google Maps)

Michael Shvo pushed out partner at 2 office tower acquisitions: lawsuit

An investment firm that was partnering on two of Michael Shvo’s biggest recent office tower acquisitions in San Francisco...

Michael Shvo pushed out partner at 2 office tower acquisitions: lawsuit
The Transamerica Building in San Francisco and Michael Shvo (Rawpixel Ltd via Flickr)

Shvo to buy Transamerica Building at 10% discount after Covid delay

Michael Shvo is getting a 10-percent discount on the $700 million acquisition of San Francisco’s Transamerica Building — thanks...

Shvo to buy Transamerica Building at 10% discount after Covid delay
From top left, clockwise: Palms Hotel and Spa, Circa 39 Hotel, the Richmond hotel and Hard Rock Cafe Miami

The Palms, Shvo’s Miami Beach hotels, and Hard Rock Café lay off hundreds

The Palms Hotel and Spa, Circa 39, South Seas and Richmond Hotel in Miami Beach, as well as the...

The Palms, Shvo’s Miami Beach hotels, and Hard Rock Café lay off hundreds
Don’t miss it: developer Michael Shvo on TRD Talks Live tomorrow

Don’t miss it: developer Michael Shvo on TRD Talks Live tomorrow

In a new episode of TRD Talks Live, sponsored by Watchel Missry, Amir Korangy will talk with Michael Shvo,...

Don’t miss it: developer Michael Shvo on TRD Talks Live tomorrow
« Previous Next »

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...