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Real estate groups challenge San Fran’s permanent ban on coronavirus-related evictions
News 21 hours ago
Real estate groups challenge San Fran’s permanent ban on coronavirus-related evictions

San Francisco Supervisor Dean Preston and San Francisco Apartment Association Executive Director Janan New San Francisco’s landlords are not happy...

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Retail-to-residential conversions are in cards at America’s doomed malls
News 1 day ago
Retail-to-residential conversions are in cards at America’s doomed malls

Malls are hemorrhaging retailers left and right. What will happen with all that space? Some could be converted into apartments and condominiums. ...

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WeDone: South Beach landlord seeks to evict WeWork for unpaid rent
News 1 day ago
WeDone: South Beach landlord seeks to evict WeWork for unpaid rent

WeWork at 429 Lenox Avenue (Credit: HFF) The landlord of a WeWork location in South Beach is looking to evict the embattled co-working giant for...

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Real estate players get creative on Zoom during lockdown
News 1 day ago
Real estate players get creative on Zoom during lockdown

Oli Farago, founder and CEO of the real estate acquisition and asset management tool Coyote Software Virtual quiz shows, brokerage Oscars and...

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The breakdown: Inside Virgin Hotels’ $330M vision for South Beach and how it vanished
News 2 days ago
The breakdown: Inside Virgin Hotels’ $330M vision for South Beach and how it vanished

HFZ’s Ziel Feldman and Virgin Group’s Richard Branson, with renderings for what would have been Virgin Hotels’ transformed property at the Shore...

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Investors reward Lemonade with $3.8B valuation
News 2 days ago
Investors reward Lemonade with $3.8B valuation

Lemonade CEO Daniel Schreiber (iStock) Venture-backed insurance seller Lemonade got a sweet reception from investors on the day of its initial...

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Mortgage rates hit all-time low
News 2 days ago
Mortgage rates hit all-time low

The 30-year fixed-rate mortgage averaged 3.07 percent for the week ending July 2 (iStock) The downward slide in mortgage rates produced a new...

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Real estate stocks benefit from second quarter rally
News 2 days ago
Real estate stocks benefit from second quarter rally

Federal Reserve Chairman Jerome Powell (Getty) While hospitality companies and retailers have been among the hardest hit by the coronavirus, real...

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Inside a $1.8B new development odyssey
News 2 days ago
Inside a $1.8B new development odyssey

Michael Rosenfeld and a rendering of Century Plaza (Credit: Presley Ann/Getty Images for THR) When Michael Rosenfeld made the deal for the site of...

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Nestio taps new CEO, rebrands as Funnel
News 2 days ago
Nestio taps new CEO, rebrands as Funnel

UPDATED: July 2, 2:20 p.m.: A decade after starting Nestio to help landlords manage their rental portfolios, co-founder Caren Maio is stepping down...

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NYC gyms plan class action suit against Cuomo
News 2 days ago
NYC gyms plan class action suit against Cuomo

Governor Andrew Cuomo (Getty) Thousands of New York gym owners plan to file a class-action lawsuit against Gov. Andrew Cuomo challenging his...

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SoftBank-backed Lemonade raises IPO target to $319M
News 2 days ago
SoftBank-backed Lemonade raises IPO target to $319M

Lemonade co-founders Daniel Schreiber and Shai Wininger As its anticipated early July IPO date draws nearer, home insurance provider Lemonade is...

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Hyperion partners with Winter Properties, plans first project in West Palm Beach
News 2 days ago
Hyperion partners with Winter Properties, plans first project in West Palm Beach

Hyperion Group Partners CEO Rob Vecsler and 350 South Australian Avenue (Google Maps) Two New York developers are partnering to build projects...

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Elion Partners buys Coral Springs warehouse for $7M
News 2 days ago
Elion Partners buys Coral Springs warehouse for $7M

Jose Sasson and Roberto Susi, 3900 Coral Ridge Drive Elion Partners bought a warehouse in Coral Springs for $7.2 million, as South Florida’s...

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Retail and hospitality led June job gains as virus surged
News 2 days ago
Retail and hospitality led June job gains as virus surged

The economy beat expectations in June, adding 4.8 million jobs, with retail and hospitality leading the way. But a surge in coronavirus infections...

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Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits
News 2 days ago
Miami judge will rule if ex-Dezer COO is entitled to more than $10M in profits

Gil Dezer with a rendering of Porsche Design Tower and Residences by Armani/Casa (Credit: ARX via Madison Global) A judge will rule in a lawsuit...

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CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project
News 2 days ago
CitizenM buys hotel portion of Crescent Heights’ 1212 Lincoln project

citizenM founder Rattan Chadha, Russell Galbut and a rendering of 1212 Lincoln Crescent Heights sold the hotel portion of its mixed-use project...

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Developer plans boutique oceanfront condo project in Delray Beach
News 3 days ago
Developer plans boutique oceanfront condo project in Delray Beach

Rendering of Echelon in Delray Beach A Philadelphia developer won site plan approval for a boutique oceanfront condominium in Delray Beach, near...

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Restaurants, bars in a “scary situation” as restrictions ramp up
News 3 days ago
Restaurants, bars in a “scary situation” as restrictions ramp up

Scott Sandelin, Ben Potts, Michelle Bernstein, Felix Bendersky and Aaron Butler (Beaker & Gray, Twitter, F&B, Linkedin) Faced with heightened...

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LA County ordered to shut indoor dining for 3 weeks as Covid cases climb
News 3 days ago
LA County ordered to shut indoor dining for 3 weeks as Covid cases climb

An illustration of Gov. Gavin Newsom (Credit: Justin Sullivan/Getty Images) With coronavirus cases on the rise again, Gov. Gavin Newsom has ordered...

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Keller Williams to cut ties with top franchise owner following sexual harassment allegations
News 3 days ago
Keller Williams to cut ties with top franchise owner following sexual harassment allegations

Seth Campbell (iStock) Keller Williams is cutting ties with Seth Campbell, the owner of several of the brokerage’s market centers with...

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Miami Beach moves toward banning chain restaurants and stores in Sunset Harbour
News 3 days ago
Miami Beach moves toward banning chain restaurants and stores in Sunset Harbour

Commissioner Ricky Arriola and an aerial of Sunset Harbour in Miami Beach (Compass) A ban on chain retail stores and restaurants in South Beach’s...

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East End Capital scores approval for co-living project in Wynwood
News 3 days ago
East End Capital scores approval for co-living project in Wynwood

Foyer Wynwood and Jonathon Yormak East End Capital secured approval for a co-living development in Wynwood. The Miami Urban Development Review...

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Management consultant buys Keys Biscayne waterfront lot
News 3 days ago
Management consultant buys Keys Biscayne waterfront lot

630 South Mashta Drive (Credit: Google Maps) A management consultant bought a waterfront lot on Key Biscayne for $8.5 million. Elias Esber of Key...

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DeSantis again extends foreclosure and eviction ban
News 3 days ago
DeSantis again extends foreclosure and eviction ban

Hours before the expiration of a state-ordered freeze on residential evictions and foreclosures, Gov. Ron DeSantis again extended the moratorium to...

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Brookfield seeks to evict Diane Von Furstenberg at Merrick Park
News 3 days ago
Brookfield seeks to evict Diane Von Furstenberg at Merrick Park

Diane Von Furstenberg, Brookfield Properties Bruce Flatt, and the DVF store in the Shops at Merrick Park (Getty, Google Maps) A company tied to...

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Home loans are getting bigger, even as application volume drops
News 4 days ago
Home loans are getting bigger, even as application volume drops

The number of prospective homebuyers applying for mortgages fell again, but those still in the market are asking for larger loans (iStock)...

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For Sam Zell, it’s all about “foreclosures and opportunities”
News 4 days ago
For Sam Zell, it’s all about “foreclosures and opportunities”

Photo illustration of Sam Zell (Getty, iStock) Sam Zell’s Equity Commonwealth real estate investment trust has $3.4 billion in cash ready to deploy...

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Affordable housing experts talk systemic change
News 4 days ago
Affordable housing experts talk systemic change

Advocates have long sought solutions to housing affordability, but recent social unrest has prompted a closer examination of the injustices baked...

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Eastdil founder Ben Lambert sells Fisher Island condo at a loss
News 4 days ago
Eastdil founder Ben Lambert sells Fisher Island condo at a loss

Joe Dimartini, Jill Eber, Cyril Matz, Oliver Lloyd, and Ben Lambert, with the Oceanside unit Eastdil Secured founder and chairman Benjamin Lambert...

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