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Brookfield makes a full-court press on distress
News 3 weeks ago
Brookfield makes a full-court press on distress

Count Brookfield Asset Management among the growing number of distressed-debt evangelists. "This is one of the great environments, possibly, to buy...

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Zillow seeks $1B in stock, convertible bond offering
News 3 weeks ago
Zillow seeks $1B in stock, convertible bond offering

Zillow CEO Richard Barton (Credit: Barton by Steve Jennings/Getty Images for TechCrunch) Rich Barton is walking the talk. Days after the CEO...

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Realterm Logistics pays $26M for warehouse facility in Opa-locka
News 3 weeks ago
Realterm Logistics pays $26M for warehouse facility in Opa-locka

John Lonardo and Chris Spear of ComReal with 12401, 12701, 12725 Northwest 38 Avenue in Opa-locka (Credit: Google Maps) Realterm Logistics bought a...

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Holding pattern: Unemployment claims dip to eight-week “low”
News 3 weeks ago
Holding pattern: Unemployment claims dip to eight-week “low”

The number of weekly unemployment claims dipped below 3 million last week, for the first time since the beginning of the current economic crisis. ...

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Miami-Dade and Broward to begin reopening on Monday
News 3 weeks ago
Miami-Dade and Broward to begin reopening on Monday

Miami-Dade and Broward counties can begin to reopen businesses on Monday, May 18. Florida Gov. Ron DeSantis announced the reopening on Thursday at...

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JPMorgan, Fortress are the latest firms to build up war chests
News 3 weeks ago
JPMorgan, Fortress are the latest firms to build up war chests

JPMorgan Chase’s Jamie Dimon and Fortress Investment Group’s Wes Edens (Dimon via Mark Wilson/Getty Images; Edens via Scott Olson/Getty Images)...

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Barry Sternlicht’s Jaws Acquisition upsizes IPO to $600M
News 3 weeks ago
Barry Sternlicht’s Jaws Acquisition upsizes IPO to $600M

Jaws Acquisition and Starwood Capital founder Barry Sternlicht (Sternlicht by Leon Bennett/Getty Images; iStock) Jaws Acquisition, a company...

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Office landlords: Don’t eat before watching this
News 3 weeks ago
Office landlords: Don’t eat before watching this

“Greed” was good on Gordon Gekko’s Wall Street. “Boring” was good in the office market in alpha cities such as New York and London – A fully...

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The Intrepid, Quad Cinema and real estate: Bruce Mosler and Charles Cohen discuss Covid-19’s impact on their businesses and their passions
News 3 weeks ago
The Intrepid, Quad Cinema and real estate: Bruce Mosler and Charles Cohen discuss Covid-19’s impact on their businesses and their passions

With all the talk of whether the coronavirus now makes New York less attractive compared to other cities, billionaire landlord Charles Cohen said...

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How badly are SoFla retailers and hotels suffering from Covid-19?
News 3 weeks ago
How badly are SoFla retailers and hotels suffering from Covid-19?

Ocean Drive after most visitors have checked out of their hotels in a citywide effort to contain COVID-19. (Credit: Joe Raedle/Getty Images) As...

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Hotel occupancy inches up in major US cities
News 3 weeks ago
Hotel occupancy inches up in major US cities

New York, Los Angeles, Chicago, and Miami (Credit: iStock) It may not be saying much, but hotel fundamentals are up in some major U.S. cities....

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Miami-Dade outlines proposed reopening plan to start Monday, but it’s far from a return to normal
News 3 weeks ago
Miami-Dade outlines proposed reopening plan to start Monday, but it’s far from a return to normal

Miami Dade County Mayor Carlos Gimenez (Credit: Alexander Tamargo/Getty Images) Miami-Dade County Mayor Carlos Gimenez released a 184-page guide...

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CoStar buying Ten-X for $190M
News 3 weeks ago
CoStar buying Ten-X for $190M

CEO Andrew Florance (Credit: CoStar via YouTube) Commercial real estate data giant CoStar Group is nearing a deal to purchase Ten-X for $190...

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Turbulence ahead as Covid-19 stimulus aid keeps rents afloat in SoFla CRE
News 3 weeks ago
Turbulence ahead as Covid-19 stimulus aid keeps rents afloat in SoFla CRE

Stimulus aid to small businesses has kept commercial landlords afloat since the coronavirus pandemic shut down most aspects of everyday life in...

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HUD shortchanged New York on relief funds: advocates
News 3 weeks ago
HUD shortchanged New York on relief funds: advocates

HUD Secretary Ben Carson (Credit: Carson via Paul Bersebach/MediaNews Group/Orange County Register via Getty Images) To Ben Carson, New York and...

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Triarch Capital scores $35M refinancing for One Turnberry Place
News 3 weeks ago
Triarch Capital scores $35M refinancing for One Turnberry Place

Triarch Capital Group scored a $35 million loan to refinance One Turnberry Place in Aventura. Triarch Capital secured the loan for the office...

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Hear from top lobbyists on today’s TRD Talk
News 3 weeks ago
Hear from top lobbyists on today’s TRD Talk

Suri Kasirer, Jonathan Bing and Michele de Milly At 2p.m. Pacific/5 p.m. Eastern today, leading lobbyists Suri Kasirer, Jonathan Bing and Michele...

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Here’s when Miami Beach is proposing to reopen non-essential businesses
News 3 weeks ago
Here’s when Miami Beach is proposing to reopen non-essential businesses

City Manager Jimmy Morales and Miami Beach Mayor Dan Gelber The city of Miami Beach is proposing to allow non-essential businesses to reopen on...

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Small landlords call for rent relief package, fearing Wall Street takeover
News 3 weeks ago
Small landlords call for rent relief package, fearing Wall Street takeover

Small landlords, such as Jan Lee, a New York landlord who owns two buildings, say Wall Street players will take their place unless rent relief...

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A real estate earnings call season for the ages
News 3 weeks ago
A real estate earnings call season for the ages

Clockwise from top left: Vornado’s Steven Roth, Newmark Knight Frank’s Barry Gosin, Redfin’s Glenn Kelman, SL Green’s Marc Holliday, Marriott’s...

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Twitter says employees can permanently work from home
News 3 weeks ago
Twitter says employees can permanently work from home

Twitter CEO Jack Dorsey and 245-249 West 17th Street (Photo by Burhaan Kinu/Hindustan Times via Getty Images) The neon sign declaring “...

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Mall free fall: Macerich collects just 26% of April rent payments
News 3 weeks ago
Mall free fall: Macerich collects just 26% of April rent payments

Macerich’s Thomas O’Hern We know it is a bad time to own malls, but retail landlord Macerich’s Tuesday earnings call highlighted how dire matters...

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WATCH: Sandeep Mathrani says WeWork paid 80% of its rent
News 3 weeks ago
WATCH: Sandeep Mathrani says WeWork paid 80% of its rent

As WeWork makes headlines for rental woes, disputes with members and co-founder Adam Neumann’s SoftBank feud, Sandeep Mathrani sought to assuage...

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North Miami Beach apartment project nabs $71M refinancing
News 3 weeks ago
North Miami Beach apartment project nabs $71M refinancing

Jay Jacobson of Eden Multifamily and Lazul Apartments (Credit: Google Maps) A development group led by Eden Multifamily scored $71.3 million in...

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Related Group pays $19M for Wynwood development site
News 3 weeks ago
Related Group pays $19M for Wynwood development site

Jorge Pérez and Jon Paul Pérez with the Wynwood properties The Related Group closed on a development site in Wynwood for $18.5 million. PRH...

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Simon says malls will reopen but some states say otherwise
News 3 weeks ago
Simon says malls will reopen but some states say otherwise

David Simon with the Roosevelt Field Mall in New York, and the Univeristy Park Mall in Indiana (Credit: Mireya Acierto/Getty Images, and SIMON...

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Carillon Miami Beach, Four Seasons Palm Beach furlough 550 employees
News 3 weeks ago
Carillon Miami Beach, Four Seasons Palm Beach furlough 550 employees

Four Seasons Resort Palm Beach and Carillon Miami Wellness Resort The Carillon Miami Wellness Resort and the Four Seasons Resort Palm Beach...

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Developer of Aman-branded towers in Miami Beach scores $35M loan
News 3 weeks ago
Developer of Aman-branded towers in Miami Beach scores $35M loan

Vlad Doronin, Len Blavatnik, and 3425 Collins Avenue (Credit: Google Maps, Gesi Schilling, and Mark Neyman / GPO) Billionaire Len Blavatnik’s...

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Welltower sells Parkland senior housing project at sharp discount
News 3 weeks ago
Welltower sells Parkland senior housing project at sharp discount

9401 Aston Gardens Court, Welltower CEO Thomas J. DeRosa (Credit: Google Maps) Welltower sold a Parkland senior housing facility for $55.7 million,...

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TPG Real Estate Finance sells off $1B worth of CRE debt
News 3 weeks ago
TPG Real Estate Finance sells off $1B worth of CRE debt

Greta Guggenheim, CEO and President of TPG (Credit: Sean Zanni/Patrick McMullan via Getty Images) Nonbank mortgage lender TPG Real Estate Finance...

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