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Luxury apartments pivot to virtual activities
News 4 weeks ago
Luxury apartments pivot to virtual activities

About three months into quarantine, residents trapped in small apartments are going stir-crazy. That is unless they live in a luxury apartment with...

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Long-term residents scooping up vacation rentals
News 4 weeks ago
Long-term residents scooping up vacation rentals

More vacation rental owners are extending available leases and traditional landlords are taking shorter leases for typical year-long rentals. ...

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Real estate stocks rally on strong May jobs report
News 4 weeks ago
Real estate stocks rally on strong May jobs report

Stock markets rallied on Friday following much stronger job gains in May than were expected, with many real estate companies beating the day's...

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Judge says Realogy’s suit against Compass can stand
News 4 weeks ago
Judge says Realogy’s suit against Compass can stand

Compass CEO Robert Reffkin and Realogy CEO Ryan Schneider (Getty and iStock) A New York judge has denied Compass’ motion to dismiss an explosive...

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Pesticide exec pays $14M for Palazzo Del Sol condo
News 4 weeks ago
Pesticide exec pays $14M for Palazzo Del Sol condo

Pierre Brondeau and Palazzo Del Sol A Philadelphia pesticide executive bought a condo at Palazzo Del Sol on Fisher Island for $13.5 million. Pierre...

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Opportunity Zones investors get a Covid-19 lifeline
News 4 weeks ago
Opportunity Zones investors get a Covid-19 lifeline

Opportunity Zone investors received an extension from federal government because of Covid-19 The federal government has extended the deadline for...

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Miguel McKelvey out at WeWork
News 4 weeks ago
Miguel McKelvey out at WeWork

Miguel McKelvey (Getty) Miguel McKelvey is leaving WeWork, the embattled office-sharing company he helped found in 2010. McKelvey was one of the...

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Keep up with our coverage in The Real Deal‘s next complimentary national issue
News 4 weeks ago
Keep up with our coverage in The Real Deal‘s next complimentary national issue

The Real Deal’s last issue brought all of our markets together as the real estate industry grappled with the impact of a global pandemic. We talked...

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Seritage terminates leases on most of its Sears, Kmart locations
News 4 weeks ago
Seritage terminates leases on most of its Sears, Kmart locations

Seritage CEO Benjamin Schall (Scott Olson/Getty Images) The real estate company that Sears spun off five years ago to shore up cash is cutting ties...

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Real estate ad dollars vanished as pandemic spread
News 4 weeks ago
Real estate ad dollars vanished as pandemic spread

Developers pulled back on advertising as online traffic and print subscriptions grew (iStock) Eyeballs were looking for real estate to ogle online,...

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24 Hour Fitness in talks with bidders ahead of bankruptcy
News 4 weeks ago
24 Hour Fitness in talks with bidders ahead of bankruptcy

24 Hour Fitness CEO Tony Ueber (LinkedIn, Getty) 24 Hour Fitness is in talks with entities to find a stalking horse bidder ahead of a court...

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Construction, retail, restaurants lead May jobs rebound
News 4 weeks ago
Construction, retail, restaurants lead May jobs rebound

The construction, retail and restaurant sectors led May’s surprising jobs rebound, while the hotel industry continued to suffer. (Getty, iStock)...

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What would a WeWork bankruptcy look like
News 4 weeks ago
What would a WeWork bankruptcy look like

WeWork CEO Sandeep Mathrani (Wikipedia, iStock) In April, a Manhattan landlord who leases a large space to WeWork received an email from a broker...

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Keyes acquires Zeuner Realty in Boca Raton
News 1 month ago
Keyes acquires Zeuner Realty in Boca Raton

Mike Pappas, Shari Schwamm, Doris and Stuart Zeuner The Keyes Company acquired a boutique brokerage in Boca Raton, expanding its presence in Palm...

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Brookfield pays $27M for Medley warehouses
News 1 month ago
Brookfield pays $27M for Medley warehouses

Brian Kingston Brookfield Property Partners CEO 10800 Northwest 92 Terrace (Credit: Google Maps) Brookfield Property Partners is increasing its...

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Remy Jacobson allegedly in default on Design District loan: lawsuit
News 1 month ago
Remy Jacobson allegedly in default on Design District loan: lawsuit

Remy Jacobson, Jean-Marc Jacobson, 4141 North Miami Avenue (Credit: Google Maps and REALTOKEN) Cryptocurrency enthusiasts Remy Jacobson and his...

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WeWork, SoftBank hit with class action over failed IPO
News 1 month ago
WeWork, SoftBank hit with class action over failed IPO

(Tomohiro Ohsumi/Getty Images) A group of investors have filed a class action lawsuit against WeWork — the latest of a series of disputes stemming...

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Short-term rentals, gyms, fitness studios can operate again in Miami-Dade
News 1 month ago
Short-term rentals, gyms, fitness studios can operate again in Miami-Dade

Vacation rentals, gyms, fitness studios get the green light to resume operations in Miami-Dade First came hotels reopening. Now, short-term rentals...

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Simon Property Group sues Gap for $66M in unpaid rent
News 1 month ago
Simon Property Group sues Gap for $66M in unpaid rent

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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Hospitality mogul David Grutman lists Sunset Islands home
News 1 month ago
Hospitality mogul David Grutman lists Sunset Islands home

2201 Sunset Drive and David Grutman (Credit: Douglas Elliman) Hospitality entrepreneur David Grutman is looking to sell his Sunset Islands home....

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PHOTOS: With five days to reopen, is Manhattan ready?
News 1 month ago
PHOTOS: With five days to reopen, is Manhattan ready?

Three months ago, Manhattan’s prime corridors were packed with shoppers, tourists and passersby. Covid-19 changed all that — and then came looters....

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“We must do better”: Real estate leaders move to address discrimination in industry
News 1 month ago
“We must do better”: Real estate leaders move to address discrimination in industry

From left: Moishe Mana, Marcelo Claure, Robert Reffkin, and Audrey Gelman (Credit: Jemal Countess, Aaron Davidson, Jean Baptiste Lacroix, Joshua...

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Baptist gains approval for luxury senior living in Coral Gables
News 1 month ago
Baptist gains approval for luxury senior living in Coral Gables

Rendering of Belmont Village Coral Gables and Baptist Health South Florida CEO Brian L. Keeley A luxury senior living development will soon rise...

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Threatened by tech, agents turn to app
News 1 month ago
Threatened by tech, agents turn to app

Fredrik Eklund, Julia Spillman and John Gomes (Getty, iStock) Agents are trying to take back the power as virtual tours and contact-less showings...

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Is it The End for AMC Theaters?
News 1 month ago
Is it The End for AMC Theaters?

AMC Theaters said in a recent filing doubt exists about its “ability to continue as a going concern.” (Getty) As moviegoers continue to Netflix and...

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WeWork rethinking one in five leases
News 1 month ago
WeWork rethinking one in five leases

WeWork CEO Sandeep Mathrani detailed the steps WeWork is taking to review its global portfolio (Getty) WeWork may exit or rethink one in five of...

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US hotel occupancy climbs for the seventh-straight week
News 1 month ago
US hotel occupancy climbs for the seventh-straight week

U. S. hotel fundamentals climbed for the seventh week in a row as the country comes out of the depths of the coronavirus pandemic. National...

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Retail sales are bleak, unless you’re selling pot
News 1 month ago
Retail sales are bleak, unless you’re selling pot

Landlords of cannabis production facilities and dispensaries are outperforming the market (Getty, iStock) Though many retailers saw sales nosedive...

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Sapir Corp goes private as shareholders approve buyout
News 1 month ago
Sapir Corp goes private as shareholders approve buyout

Alex Sapir and the Tel Aviv Stock Exchange (Sapir by Clint Spaulding/Patrick McMullan via Getty Images, Jack Guez/AFP) Sapir Corp.’s Israeli...

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Construction starts in SoFla continue to plummet
News 1 month ago
Construction starts in SoFla continue to plummet

Construction in South Florida fell for the second straight month (Credit: iStock) Construction in South Florida is feeling the brunt of coronavirus...

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