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These 25,000 retail dinosaurs will meet the meteor this year
News 3 weeks ago
These 25,000 retail dinosaurs will meet the meteor this year

A new report says the virus will harm shopping malls especially (iStock) As many as 25,000 retail stores may close this year due to the coronavirus...

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Is Covid taking the T out of TAMI?
News 3 weeks ago
Is Covid taking the T out of TAMI?

Tech giants Facebook, Twitter, Apple, Google and Netflix have inked massive new office leases across the country in recent years. How much could...

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Related halts payments to Hudson Yards EB-5 investors
News 3 weeks ago
Related halts payments to Hudson Yards EB-5 investors

Stephen Ross and Hudson Yards (Getty, iStock) Related Companies, one of the EB-5 program’s biggest proponents, is halting payments to such...

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Affiliated Development’s Lake Worth Beach apartment project approved
News 3 weeks ago
Affiliated Development’s Lake Worth Beach apartment project approved

Jeff Burns, Nick Rojo, The Bohemian Lake Worth A 200-unit apartment building could soon be coming to historic downtown Lake Worth Beach. Affiliated...

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Marginal gain in hotel occupancy as unrest hit some cities
News 3 weeks ago
Marginal gain in hotel occupancy as unrest hit some cities

Demand for hotel rooms continued to rise in many markets across the country last week. The civil unrest of the last two weeks may have dampened...

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Realogy upsizes debt offering to $550M
News 3 weeks ago
Realogy upsizes debt offering to $550M

Realogy CEO Ryan Schneider Realogy Holdings just raised $550 million, bolstered by strong demand for a previously-announced debt offering. The...

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Urbanica scores approval for new hotel in North Beach
News 3 weeks ago
Urbanica scores approval for new hotel in North Beach

Diego Colmenero, Charlie Porchetto and a rendering of the hotel Urbanica Management has the green light to build a new hotel on one of the last...

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Macy’s CEO says sales down 50%, less than expected, as stores reopen
News 3 weeks ago
Macy’s CEO says sales down 50%, less than expected, as stores reopen

Macy’s CEO Jeff Gennette (Getty) As Macy’s reopens its stores, sales are down 50 percent — better than the retailer’s grim expectations of an 85...

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AMC may close some theaters in an effort to stay in business
News 3 weeks ago
AMC may close some theaters in an effort to stay in business

AMC is pressed to get eyes back in front of their screens starting in July — but not without some cuts ahead. (Getty) AMC is pressed to get eyes...

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CC Residential scores $30M loan for “active adult” rentals in Cooper City
News 3 weeks ago
CC Residential scores $30M loan for “active adult” rentals in Cooper City

Armando Codina and James Carr, Monterra Active Adult Residences CC Residential scored a $30.8 million construction loan to begin construction of an...

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Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M
News 3 weeks ago
Billionaire developer Doronin buys Fort Lauderdale assemblage for $63M

Vladislav Doronin (Credit: Gesi Schilling via Wikipedia) Billionaire developer Vladislav Doronin assembled and closed on three blocks of land in...

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Simon axes $3.6B Taubman buy
News 3 weeks ago
Simon axes $3.6B Taubman buy

Robert Taubman of Taubman Centers and David Simon of Simon Property Group (Getty, iStock) Mall giant Simon Property Group is axing its $3.6 billion...

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Altman scores $55M construction loan for Ludlam Trail project
News 3 weeks ago
Altman scores $55M construction loan for Ludlam Trail project

Seth Wise, Co-CEO of The Altman Companies, Altís Ludlam Trail The Altman Companies closed on a $55.4 million construction loan for a Ludlam Trail...

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Landlords sue Big Retail as missed rent payments pile up
News 3 weeks ago
Landlords sue Big Retail as missed rent payments pile up

A growing number of retail landlords are suing to get unpaid rent from “credit tenants” like H&M, Urban Outfitters, and Gap that have been battered...

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Dezer’s plans to remake Intracoastal Mall face opposition
News 3 weeks ago
Dezer’s plans to remake Intracoastal Mall face opposition

A rendering of the Intracoastal Mall and Gil Dezer Dezer Development’s plans to transform Intracoastal Mall in North Miami Beach into a high-rise,...

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Nearly 80% of renters have made payments in June: report
News 3 weeks ago
Nearly 80% of renters have made payments in June: report

One survey of 11.5 million apartments shows that 80 percent of renters paid at least some rent in June. (iStock) Rent collections continue to...

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Wells Fargo seeks to foreclose on Southland Mall in Cutler Bay
News 3 weeks ago
Wells Fargo seeks to foreclose on Southland Mall in Cutler Bay

Southland Mall in Cutler Bay Even as malls reopened in South Florida, those that are struggling could wind up under new ownership in coming months....

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Amazon to open store on Lincoln Road
News 3 weeks ago
Amazon to open store on Lincoln Road

Jeff Bezos and 700 Lincoln Road (Getty) Amazon will open a store on Lincoln Road, as brick-and-mortar retailers nationwide struggle to pay rent...

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Small investors swarm crowdfunding real estate deals
News 3 weeks ago
Small investors swarm crowdfunding real estate deals

It's not just large investment funds that are seeking out buying opportunities during the coronavirus crisis. Thousands of individual investors are...

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Condo sales volume surges in first week of June
News 3 weeks ago
Condo sales volume surges in first week of June

Condo sales volume surged in Miami-Dade in the first week of June as non-essential businesses reopened, reversing the trend of prior weeks. A total...

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Men’s Wearhouse parent company considering bankruptcy
News 3 weeks ago
Men’s Wearhouse parent company considering bankruptcy

Tailored Brands President and CEO Dinesh Lathi (Getty, iStock) Men’s Wearhouse and Jos. A. Bank may soon join the growing list of retailers that...

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WeWork may abandon WeLive
News 3 weeks ago
WeWork may abandon WeLive

Sandeep Mathrani, the WeLive website and 110 Wall Street (Google Maps) WeWork is considering ditching its co-living business. The Sandeep Mathrani...

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“This is a tsunami”: These big retailers stiffed their landlords in May
News 3 weeks ago
“This is a tsunami”: These big retailers stiffed their landlords in May

(iStock) About 40 percent of national retail chains once again skimped on their rent in May, according to the latest monthly report on collection...

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Domestic travel gives Airbnb a boost
News 3 weeks ago
Domestic travel gives Airbnb a boost

Airbnb CEO Brian Chesky (Getty, iStock) The travel industry is beginning to show signs of life again, with city residents heading to nearby...

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Steve Madden vacates Lincoln Road lease
News 3 weeks ago
Steve Madden vacates Lincoln Road lease

Steve Madden and 663 Lincoln Road (Getty, Google Maps) Miami Beach’s Lincoln Road could be in for a rough time as coronavirus hits the retail...

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Part Two: Brookfield’s Brian Kingston on Manhattan West, Lever House and working from home
News 3 weeks ago
Part Two: Brookfield’s Brian Kingston on Manhattan West, Lever House and working from home

Brookfield’s Brian Kingston is not a fan of working from home, and believes most others share the feeling. In part two of his interview with The...

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Le Parc at Brickell condo association sues Alta Developers and partner for alleged construction defects
News 3 weeks ago
Le Parc at Brickell condo association sues Alta Developers and partner for alleged construction defects

Alta Developers CEO Raimundo Onetto and Le Parc at Brickell rendering Three years after turning over Le Parc at Brickell to its condo association,...

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TRD Insights: These office landlords are most exposed to Big Tech’s #WFH movement
News 3 weeks ago
TRD Insights: These office landlords are most exposed to Big Tech’s #WFH movement

From left: Brandon Shorenstein of Shorenstein Realty, Steven Roth of Vornado, John Westerfield of Mitsui Fudosan America, and Stephen Ross of...

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A US government-owned property in Hong Kong might sell for a big discount
News 3 weeks ago
A US government-owned property in Hong Kong might sell for a big discount

The apartment complex (CBRE) A prime parcel in Hong Kong owned by the U.S. State Department could sell at a much lower price point than asking...

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Las Vegas casinos reopen for socially distanced gambling
News 4 weeks ago
Las Vegas casinos reopen for socially distanced gambling

Poker players and party people rejoiced Thursday as the Las Vegas strip reopened, but something in Sin City is different. Sinks for hand-washing,...

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