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Don’t sound the alarm! CA May rent checks not in freefall
News 2 weeks ago
Don’t sound the alarm! CA May rent checks not in freefall

Kevin Conway, director of acquisitions at IDEAL Capital Group in Clovis (Credit: iStock) Paul Julian was not looking forward to May. Julian’s...

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Marc Shulman sells Normandy Isles building to French family office
News 2 weeks ago
Marc Shulman sells Normandy Isles building to French family office

2101 Normandy Drive, Samuel Heskial and Marilina Apfelbaum (Credit: Google Maps) Investor Marc Shulman sold a Miami Beach apartment building in...

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Jimmy Resnick sells Alton Road retail building for $9M
News 2 weeks ago
Jimmy Resnick sells Alton Road retail building for $9M

955 Alton Road (Credit: Google Maps) Miami Beach investor Jimmy Resnick sold a retail building on Alton Road for $9.25 million. Hibiscus Alton Inc....

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Airbnb-backed Zeus Living sees valuation halved
News 2 weeks ago
Airbnb-backed Zeus Living sees valuation halved

Zeus Living co-founder and CEO Kulveer Taggar and one of the startup’s homes (Credit: Zeus Living, Facebook) Zeus Living, a corporate-housing...

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Pushback over going “clear”: NAR sued for pocket listing ban
News 2 weeks ago
Pushback over going “clear”: NAR sued for pocket listing ban

CAP: NAR President Vince Malta and TAN founder David Faudman (Credit: YouTube, NAR, iStock) The National Association of Realtors is facing a...

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One Thousand Museum unit heads to the auction block
News 2 weeks ago
One Thousand Museum unit heads to the auction block

Bruce Lunsford and One Thousand Museum (Credit: Mandy Dixon/Wikipedia, and One Thousand Museum) A condo at Zaha Hadid’s One Thousand Museum is...

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Don’t miss LA’s top dealmakers on Today’s TRD Talk
News 2 weeks ago
Don’t miss LA’s top dealmakers on Today’s TRD Talk

Hiten Samtani, Sally Forster Jones, Santiago Arana, and Aaron Kirman On another episode of TRD Talks Live, TRD Associate Publisher Hiten Samtani...

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Weekly condo sales fall by 45% in Miami-Dade County
News 2 weeks ago
Weekly condo sales fall by 45% in Miami-Dade County

Condo sales dropped by nearly half last week, though condo sales dollar volume remained steady. A total of 47 condos in Miami-Dade County sold for ...

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WeWork’s rental woes slam CMBS market
News 2 weeks ago
WeWork’s rental woes slam CMBS market

A Wework location in Beijing on May 6, 2020 (Credit: Wang Zhao/AFP via Getty Images) WeWork’s efforts to renegotiate several of its leases and skip...

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Whose sale is it anyway? Keller Williams targets former top agent for advertising past deals
News 2 weeks ago
Whose sale is it anyway? Keller Williams targets former top agent for advertising past deals

Jesse Weinberg Jesse Weinberg received an unusual email April 22 from a lawyer who represented Keller Williams, Weinberg’s brokerage until he left...

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There’s better data on “the best kind of running sock to buy”: Fifth Wall’s Brendan Wallace on the iBuying imperative and why building sustainability is here to stay
News 2 weeks ago
There’s better data on “the best kind of running sock to buy”: Fifth Wall’s Brendan Wallace on the iBuying imperative and why building sustainability is here to stay

There are red states, and there are blue states. But cities, according to the head of the largest real estate-focused venture capital fund, are...

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Masoud Shojaee and his daughters locked in dispute over rock mining rent money
News 2 weeks ago
Masoud Shojaee and his daughters locked in dispute over rock mining rent money

Masoud Shojaee Father’s Day could be awkward for Masoud Shojaee, as he finds himself in a legal tussle with a trust benefiting his daughters. M&M...

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Tom Barrack’s Colony Capital defaults on $3.2B in loans
News 2 weeks ago
Tom Barrack’s Colony Capital defaults on $3.2B in loans

Colony Capital CEO Tom Barrack (Photo by Michael Kovac/Getty Images) Tom Barrack’s prediction that the commercial mortgage market would collapse...

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Coronavirus could set back the pro-density movement
News 2 weeks ago
Coronavirus could set back the pro-density movement

New York City (Credit: iStock) The movement toward dense, transit-adjacent development picked up steam over the last few years, but the coronavirus...

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Bars and music venues across America worry they’ll never reopen
News 2 weeks ago
Bars and music venues across America worry they’ll never reopen

Great Scott in Boston (Credit: Facebook) The coronavirus pandemic has forced scores of small bars and clubs across the country to shut their doors...

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Will insurers cover coronavirus-related business losses? We may soon find out
News 2 weeks ago
Will insurers cover coronavirus-related business losses? We may soon find out

CNA Financial CEO Dino Robusto A business insurer’s position that it isn’t required to cover coronavirus-related losses is set to face a legal...

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Palm Beach County to reopen retail, restaurants next week
News 2 weeks ago
Palm Beach County to reopen retail, restaurants next week

Ron DeSantis (Credit: Joe Raedle/Getty Images) Palm Beach County can start reopening non-essential businesses on a limited basis next week, Florida...

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Brookfield Property’s Q1 losses come as retail tenants miss payments
News 2 weeks ago
Brookfield Property’s Q1 losses come as retail tenants miss payments

Brookfield Property Group CEO Brian Kingston (Credit: Brookfield; Unsplash) Brookfield Property Partners is now negotiating with 2,400 of its...

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Don’t miss LA’s top dealmakers on Monday’s TRD Talk
News 2 weeks ago
Don’t miss LA’s top dealmakers on Monday’s TRD Talk

Hiten Samtani, Sally Forster Jones, Santiago Arana, and Aaron Kirman On another episode of TRD Talks Live, TRD Associate Publisher Hiten Samtani...

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Perdomo Cigars’ owners buy condo at Ritz-Carlton Sunny Isles
News 2 weeks ago
Perdomo Cigars’ owners buy condo at Ritz-Carlton Sunny Isles

Ritz-Carlton Sunny Isles Beach, Nicholas Perdomo Jr., Janine Perdomo The owners of a prominent cigar maker paid $5.1 million for a condo at the...

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News Corp.’s digital real estate revenue slides
News 2 weeks ago
News Corp.’s digital real estate revenue slides

News Corp CEO Robert Thomson (Credit: Paul Morigi/Getty Images) News Corporation’s digital real estate services took a hit last quarter, with...

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What April’s record-high unemployment means for real estate
News 2 weeks ago
What April’s record-high unemployment means for real estate

In Florida, city employees hand out unemployment applications to people in their vehicles (Photo by Joe Raedle/Getty Images) Following an...

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Brookfield’s Big Retail Bets Raise Questions During Covid-19
News 2 weeks ago
Brookfield’s Big Retail Bets Raise Questions During Covid-19

Brookfield Property Partners CEO Brian Kingston and two of Brookfield’s largest retail assets, Ala Moana Center in Hawaii and Oakbrook Center in...

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“Unlawful” and “hypocritical”: WeWork members threaten legal action over fees
News 3 weeks ago
“Unlawful” and “hypocritical”: WeWork members threaten legal action over fees

(Credit: Alex Tai/SOPA Images/LightRocket via Getty Images, iStock) A group of WeWork members is threatening the co-working giant with legal action...

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Cushman’s income drops 70% in Q1
News 3 weeks ago
Cushman’s income drops 70% in Q1

Cushman & Wakefield’s Brett White (Credit: iStock) Cushman & Wakefield reported net income of nearly $7 million in the first quarter of 2020, down...

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Virus will leave lasting impact on retailers and their landlords, industry pros say
News 3 weeks ago
Virus will leave lasting impact on retailers and their landlords, industry pros say

The near-total shutdown of New York City shops and restaurants during the coronavirus crisis will likely be felt for years to come in the retail...

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Despite revenue uptick, Redfin posts $60M loss in Q1
News 3 weeks ago
Despite revenue uptick, Redfin posts $60M loss in Q1

Redfin posted a $60 million loss in the first three months of 2020, a period in which the company's revenues and expenses grew dramatically before...

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One Sotheby’s acquires Vero Beach brokerage
News 3 weeks ago
One Sotheby’s acquires Vero Beach brokerage

Bobbie Holt and Daniel de la Vega One Sotheby’s International Realty acquired Sea Turtle Real Estate, marking its further expansion outside South...

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Sidewalk Labs abandons Toronto smart city megaproject
News 3 weeks ago
Sidewalk Labs abandons Toronto smart city megaproject

Dan Doctoroff and a rendering of the project (Credit: Bloomberg New Energy Finance via Wikipedia) Alphabet subsidiary Sidewalk Labs is abandoning a...

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Ben Moss to head Compass’ National Sports & Entertainment Division
News 3 weeks ago
Ben Moss to head Compass’ National Sports & Entertainment Division

Ben Moss Ben Moss was tapped to take over as national director of Compass’ Sports & Entertainment Division, leading about 100 agents and filling...

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