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Florida Senate passes bill to lower retainage on public construction projects
News 3 months ago
Florida Senate passes bill to lower retainage on public construction projects

Florida Senate Passes Construction Retention Bill (Credit: iStock) UPDATED, March 3, 10:14 a.m.: Construction firms working on public projects may...

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Construction startup Procore files initial IPO paperwork
News 3 months ago
Construction startup Procore files initial IPO paperwork

Procore CEO Craig “Tooey” Courtemanche Jr. (Credit: Boardroom Insiders, iStock) Construction tech startup Procore plans to go public, a move that...

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Related nabs $140M loan for 360 Rosemary in West Palm
News 3 months ago
Related nabs $140M loan for 360 Rosemary in West Palm

Related Companies Stephen Ross and 360 Rosemary (Credit: Elkus Manfredi Architects/ Related) Related Companies scored a $140 million loan to begin...

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WeWork likely to sell Managed by Q to rival company Eden
News 3 months ago
WeWork likely to sell Managed by Q to rival company Eden

Managed by Q co-founder Dan Teran and Eden CEO Joe Du Bey (Credit: Managed by Q and Made with Pulp) Talks for WeWork to sell back the startup...

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Sneak peek inside Renzo Piano-designed Eighty Seven Park
News 3 months ago
Sneak peek inside Renzo Piano-designed Eighty Seven Park

Exterior images courtesy of Eighty Seven Park by The Boundary Interior images courtesy of Eighty Seven Park by Douglas Friedman Exterior images...

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Here’s how Bernie, Biden and the remaining presidential candidates would tackle housing crisis
News 3 months ago
Here’s how Bernie, Biden and the remaining presidential candidates would tackle housing crisis

From left: Joe Biden, Elizabeth Warren, Michael Bloomberg, Bernie Sanders and Amy Klobuchar (Credit: Getty Images) Though all of the top five...

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Thor Equities lists Lincoln Road building for $17.5M
News 3 months ago
Thor Equities lists Lincoln Road building for $17.5M

From left: 663 to 667 Lincoln Road, Joe Sitt, Tony Arellano and Devin Marinoff (Credit: DWNTWN REALTY ADVISORS) Thor Equities is looking to sell a...

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Starwood Capital nabs West Palm apartment complex
News 3 months ago
Starwood Capital nabs West Palm apartment complex

Starwood Capital Group’s Barry Sternlicht and 5500 North Haverhill Road A company tied to Starwood Capital Group bought an apartment complex in...

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WeWork taps oil exec as new CFO
News 3 months ago
WeWork taps oil exec as new CFO

Kimberly Ross (Credit: Chubb) WeWork has named Kimberly Ross its new chief financial officer, the company announced on Monday. Ross, most recently...

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Fort Lauderdale office tower sells for $18M
News 3 months ago
Fort Lauderdale office tower sells for $18M

Cushman & Wakefield’s Scott O’Donnell, Greg Miller, Dominic Montazemi and Miguel Alcivar, with 12 Southeast 7th Street (Credit: Google Maps) An...

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Blue Road lists South Beach hotels and Miami River land for $36M
News 3 months ago
Blue Road lists South Beach hotels and Miami River land for $36M

Susan Gale and 1671 Washington Avenue Two hotels and a development site in South Beach and the Miami River hit the market for a combined $35.5...

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MIPIM postponed until June as coronavirus spreads
News 3 months ago
MIPIM postponed until June as coronavirus spreads

The COVID-19 outbreak has led organizers of the MIPIM commercial real estate conference in France to postpone it until June. (Credit: Getty Images,...

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Blackstone plays it safe with $2.7B Japanese rental property deal
News 3 months ago
Blackstone plays it safe with $2.7B Japanese rental property deal

Jon Grey and Tokyo skyline (Credit: CHARLY TRIBALLEAU/AFP via Getty Images) Blackstone Group and its institutional investors see stability in Japan...

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New Jersey’s most famous zoomorphic attraction is up for rent on Airbnb
News 3 months ago
New Jersey’s most famous zoomorphic attraction is up for rent on Airbnb

Lucy the Elephant is for rent (Credit: iStock) Lucy the Elephant has attracted sightseers and tourists to Margate, New Jersey for well over a...

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Coronavirus spread to Middle East hits UAE’s biggest developer
News 3 months ago
Coronavirus spread to Middle East hits UAE’s biggest developer

The Burj Khalifa with Emaar Properties chairman Mohamed Ali Alabbar (Credit: LConstantino via Wikipedia) The real estate industry is starting to...

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Kanye West is the real estate king of Cody, Wyoming
News 3 months ago
Kanye West is the real estate king of Cody, Wyoming

Kanye West and his family seem to be fitting in with the small town community of Cody, Wyoming (Credit: Wikimedia Commons, Photo by Timothy Norris...

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The gender wealth gap extends to real estate: Yale study
News 3 months ago
The gender wealth gap extends to real estate: Yale study

Single women lose out on returns compared to men (Credit: iStock) The wealth gap between men and women appears to extend beyond wages – it’s in the...

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Hines CEO talks coronavirus, Opportunity Zones and WeWork
News 3 months ago
Hines CEO talks coronavirus, Opportunity Zones and WeWork

Laura Hines-Pierce and Jeff Hines Coronavirus and its impact on the real estate industry were top of mind at the University of Miami’s Real Estate...

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Coronavirus fears slam real estate stocks amid market sell-off
News 3 months ago
Coronavirus fears slam real estate stocks amid market sell-off

Real estate stocks tumbled as coronavirus fears sent markets into a tailspin. (Credit: iStock) UPDATED, Friday, Feb. 28, 2020, 6:15 p.m.: As...

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Jared Kushner divests stake in Cadre
News 3 months ago
Jared Kushner divests stake in Cadre

Jared Kushner (Photo by Samuel Corum/Getty Images) Jared Kushner has divested his stake in Cadre, in a bid to end unrelenting scrutiny of his...

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Bar Invest Group sells apartment complex in Fort Lauderdale for $58M
News 3 months ago
Bar Invest Group sells apartment complex in Fort Lauderdale for $58M

Serramar Apartments and Herve Barbera Bar Invest Group sold the Serramar Apartments in Fort Lauderdale for $58 million. The Miami-based company,...

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Employees fleeing “toxic” team at Newmark Knight Frank
News 3 months ago
Employees fleeing “toxic” team at Newmark Knight Frank

Jordan Roeschlaub and Dustin Stolly of Newmark Knight Frank (Roeschlaub and Stolly photo by Anuja Shakya, iStock) Fed-up employees are exiting en...

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Boutique condo project in West Palm Beach launches sales
News 3 months ago
Boutique condo project in West Palm Beach launches sales

Jay Parker with a rendering of Forte (Credit: ArX Solutions, Two Roads Development/Alpha Blue Ventures) After securing approval for a West Palm...

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Coronavirus exodus: CRE bigwigs Blackstone, Cushman, others ditch MIPIM
News 3 months ago
Coronavirus exodus: CRE bigwigs Blackstone, Cushman, others ditch MIPIM

Fears of coronavirus have led some of the world’s most prominent commercial real estate companies to pull out of the MIPIM conference in Cannes,...

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Race, gender discrimination lawsuit takes aim at WeWork’s culture
News 3 months ago
Race, gender discrimination lawsuit takes aim at WeWork’s culture

Ayesha Whyte claims she was demoted and forced to review candidates for her job (Credit: Getty Images, iStock) UPDATED, 1:51 p.m., Feb. 28: A...

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Real Estate Execs, Startups Share Tech Investment Strategies
News 3 months ago
Real Estate Execs, Startups Share Tech Investment Strategies

The final morning of the three-day Future City executive retreat concluded with back-to-back panels on the tech revolution in leasing. Founders and...

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Stung by NY rent laws, Rosewood Realty is going nationwide
News 3 months ago
Stung by NY rent laws, Rosewood Realty is going nationwide

From left: Jonathan Brody, Aaron Jungreis, and Alan Soclof Rosewood Realty Group is launching a national brokerage division that will focus solely...

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Inside the failed crypto auction of a WeWork-leased office tower
News 3 months ago
Inside the failed crypto auction of a WeWork-leased office tower

Photo illustration of Pat O’Meara in front of the Security Building, with former WeWork CEO Adam Neumann (Credit: Google Maps, Getty Images, iStock...

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Mark your calendars: These are South Florida’s top real estate events next week
News 3 months ago
Mark your calendars: These are South Florida’s top real estate events next week

Next week brings a new batch of real estate events: Host: ULI Southeast Florida/Carribean Date: March 4 Time: 5:30 p.m. to 7 p.m. ULI Southeast...

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Turkish nightclub mogul buys Brickell space for first US location
News 3 months ago
Turkish nightclub mogul buys Brickell space for first US location

Fabio and Sebastian Faerman with 801 Brickell Bay Drive BySabri Group, a Turkish entertainment company, paid $8.5 million for a commercial space at...

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