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Conrad Miami lays off 154 employees ahead of county reopening
News 1 month ago
Conrad Miami lays off 154 employees ahead of county reopening

Conrad Miami with Camilo Miguel of Mast Capital Hotel operator HEI Hotels & Resorts announced that 154 employees at the Conrad Miami were laid off...

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WeWork sued for backing out of San Francisco development deal
News 1 month ago
WeWork sued for backing out of San Francisco development deal

Maximus’ Robert Rosania and Former WeWork CEO Adam Neumann (Credit: Kevin Hagen/Getty Images; Ambrosetti) An investor in San Francisco’s largest...

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Inside South Florida's mall, retail and restaurant reopenings
News 1 month ago
Inside South Florida's mall, retail and restaurant reopenings

Masks, one-way signs, spread-out open-air dining. Malls, stores and restaurants are reopening in South Florida, and changes are evident amid the...

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Le Pain Quotidien freed from 59 leases in bankruptcy
News 1 month ago
Le Pain Quotidien freed from 59 leases in bankruptcy

A judge allowed Le Pain Quotidien to be released from 59 of its leases. (Getty, iStock) Upscale bakery chain Le Pain Quotidien will be allowed to...

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CDC recommendations would drastically alter offices
News 1 month ago
CDC recommendations would drastically alter offices

The Centers for Disease Control released new guidelines for offices as they reopen amid the coronavirus. (Getty) Sweeping new recommendations from...

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Ronny Finvarb, Aria Mehrabi seek approval of mixed-use projects in North Beach
News 1 month ago
Ronny Finvarb, Aria Mehrabi seek approval of mixed-use projects in North Beach

Renderings of the projects with Ronny Finvarb and Aria Mehrabi Two Miami Beach developers are seeking design review approval for mixed-use projects...

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“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space
News 1 month ago
“We’re not in the business of land-grabbing:” Hana CEO on the future of flex space

Hypergrowth has been the mantra of flex-office-space players for years. WeWork became the largest private tenant in New York City by signing leases...

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Berkowitz sues to evict PetSmart from Dadeland Station and Aventura Commons
News 1 month ago
Berkowitz sues to evict PetSmart from Dadeland Station and Aventura Commons

Jeff Berkowitz, developer of Dadeland Station and Aventura Commons PetSmart could get the heave-ho from two Miami-Dade shopping centers for...

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Survival of the Fullest: Restaurants fear capacity constraints will kill them
News 1 month ago
Survival of the Fullest: Restaurants fear capacity constraints will kill them

Capacity constraints may cause agony for restaurateurs and their landlords (iStock, Getty) As restaurants move to open, owners are agonizing over...

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The biggest new tenant in New York City is… TikTok
News 1 month ago
The biggest new tenant in New York City is… TikTok

Douglas Durst, One Five One, and Tik Tok CEO Kevin Mayer (Getty, Google Maps, iStock) TikTok is coming to Times Square. The parent company for the...

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Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end
News 1 month ago
Not stopping for the pandemic: Fortune, Château could launch Sunny Isles project by year-end

Edgardo Defortuna and a rendering of La Playa de Varadero Developer Edgardo Defortuna could launch sales of an oceanfront project in Sunny Isles...

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Tensions brew on WeWork’s board with appointment of new members
News 1 month ago
Tensions brew on WeWork’s board with appointment of new members

Frederick Arnold, formerly of Convergex and Alex Dimitrief, formerly of General Electric (Getty, Twitter Navient) A brewing dispute at WeWork is...

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Industrious adds first female board member and eyes IPO
News 1 month ago
Industrious adds first female board member and eyes IPO

Industrious’ Mary Hogan Preusse and CEO Jamie Hodari (Twitter) Flexible-office startup Industrious is moving closer to an initial public offering...

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Prism Multifamily Group buys apartments in Tamarac, Plantation for $54M
News 1 month ago
Prism Multifamily Group buys apartments in Tamarac, Plantation for $54M

Tal Frydman with Hamlet Plantation and The Continental Apartments (Credit: Hamlet via Jenco Properties) Prism Multifamily Group, a Toronto-based...

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Hotel occupancy hovers around 35% after Memorial Day boost
News 1 month ago
Hotel occupancy hovers around 35% after Memorial Day boost

Hotel occupancy continued its recovery from the coronavirus, with rates reaching an average of 35% in the U.S. after Memorial Day weekend. (Getty)...

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“Large pools of talent”: Mark Zuckerberg touts remote-work plan
News 1 month ago
“Large pools of talent”: Mark Zuckerberg touts remote-work plan

After announcing that Facebook will move toward more working from home, Mark Zuckerberg has detailed why the plan will work in his company’s favor....

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Barrington Brothers plans mid-rise apartment project in El Portal
News 1 month ago
Barrington Brothers plans mid-rise apartment project in El Portal

Rendering of The Kavista El Portal, a village composed of mostly single-family homes north of Miami’s Upper Eastside, is opening the door to...

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Crescent Heights buys out partner on two downtown Miami sites
News 1 month ago
Crescent Heights buys out partner on two downtown Miami sites

Rendering of the project and Russell Galbut Developer Russell Galbut now has full ownership of a group of properties near the Adrienne Arsht Center...

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Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties
News 1 month ago
Colony Capital reconsiders hotel portfolio in bid to shift from traditional properties

Colony Capital CEO Tom Barrack (Getty, iStock) Colony Capital is weighing its options for its portfolio of hotels. The Tom Barrack-led company has...

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Frisbie exec snags condo at Via Flagler at the Breakers in Palm Beach
News 1 month ago
Frisbie exec snags condo at Via Flagler at the Breakers in Palm Beach

Cody Crowell, Via Flagler at the Breakers Frisbie Group sold a condo at its Palm Beach mixed-use project to one of the development group’s...

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Marcus & Millichap laying off 20% of workforce
News 1 month ago
Marcus & Millichap laying off 20% of workforce

Marcus & Millichap CEO Hessam Nadji and their Calabasas office. Marcus & Millichap plans to lay off 20 percent of its workforce as the publicly...

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REIT stocks rise as NYSE trading floor reopens
News 1 month ago
REIT stocks rise as NYSE trading floor reopens

The FTSE Nareit All REITs index rose by 3.68 percent on Tuesday, outpacing the broader markets as the New York Stock Exchange reopened its trading...

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Virgin Trains seeks $350M to build five stations in Miami-Dade
News 1 month ago
Virgin Trains seeks $350M to build five stations in Miami-Dade

Richard Branson (Credit: Virgin, Cindy Ord/Getty Images) Virgin Trains is proposing a major expansion of the commuter rail service, funded mostly...

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@properties acquires stake in another Southern resi brokerage
News 1 month ago
@properties acquires stake in another Southern resi brokerage

Chicago-based indie brokerage @properties has acquired a significant stake in Virginia-based firm Nest Realty, giving it a foothold in five...

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Greystar probed tenants’ “character,” “reputation,” “rental history,” lawsuit claims
News 1 month ago
Greystar probed tenants’ “character,” “reputation,” “rental history,” lawsuit claims

Greystar CEO Bob Faith in front of Greystar-owned DTLA building Greystar, one of the largest multifamily property owners in the country, is accused...

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Stephen Ross to retailers: Brace yourself for bankruptcies
News 1 month ago
Stephen Ross to retailers: Brace yourself for bankruptcies

Stephen Ross, chairman of Related Companies (Getty) Stephen Ross predicts the coronavirus pandemic will result in a “flood of cases going to the...

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Stephen Ross-owned Miami Dolphins plan drive-in theater at Hard Rock Stadium
News 1 month ago
Stephen Ross-owned Miami Dolphins plan drive-in theater at Hard Rock Stadium

As Miami Dolphins owner Stephen Ross forges ahead with plans to host fans for the upcoming NFL season, he's also planning to offer two theaters at...

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Competing bids for Starwood’s suffering retail
News 1 month ago
Competing bids for Starwood’s suffering retail

Barry Sternlicht and (from top) Capital Mall in Washington, Franklin Park Mall in Ohio and Plaza West Covina Mall in California (Credit: Capital...

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Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo
News 1 month ago
Thalía and Tommy Mottola pay $8M for Surf Club Four Seasons condo

Four Seasons Residences at The Surf Club with Tommy and Thalía Mottola (Credit: Craig Barritt/Getty Images) The queen of Latin pop and her music...

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Smart-home startup raises $60M with multifamily play
News 1 month ago
Smart-home startup raises $60M with multifamily play

SmartRent co-founder and CEO Lucas Haldeman (Credit: Facebook) SmartRent, a startup that develops “smart home” hardware and software for rental...

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