488 South Beach Road (Photos via Kevin Dickenson) A Utah real estate and investment mogul paid $14.1 million for a waterfront Jupiter Island teardown. Property
Category: Business
Miami Investment Honcho Pays $5M for Coconut Grove House
Azora Capital’ Ravi Chopra with 3600 Matheson Avenue (The Keyes Company, LinkedIn) Azora Capital investment firm founder Ravi Chopra paid $5.1 million for a waterfront
U.S. CMBS Market Surged to 14-Year High in 2021
(iStock/Illustration by Kevin Rebong for The Real Deal) The market for commercial mortgage backed securities is back and bigger than ever. Private-label CMBS issuance surged
IG Logistics Buys Pompano Beach Outdoor Storage Facilities
Imperial Capital IG Logistics’ Daniel Glaser and Sam Schneider (Imperial Capital, Google Maps. iStock) In a pair of off-market deals totaling $12 million, IG Logistics
Blackstone Buying Multifamily REIT in $5.8B Deal
From left: Jacob Werner, senior managing director, Blackstone; Joel Murphy, chief executive officer, Preferred Apartment Communities (Preferred Apartment Communities, Blackstone, iStock/Illustration by Steven Dilakian for
Miami Most Expensive US Housing Market
(iStock/Illustration by Shea Monahan for The Real Deal) Miami is the most expensive housing market in the country, surpassing New York, according to a RealtyHop
Michelle Bernstein Reopening Sra. Martinez in Coral Gables
Michelle Bernstein with 2325 Galiano Street in Coral Gables (Getty, Google Maps) Celebrity chef Michelle Bernstein plans to re-open her Sra. Martinez restaurant, this time
Commercial Real Estate Investment Shot Up 86% in 2021
(iStock) Commercial real estate investors spent $53 billion on properties in Los Angeles, $49 billion in New York and $41 billion in Dallas last year,
Oscar Barbara Scores $41M Loan for Sunrise Multifamily
A rendering of the planned 235-unit garden-style complex in front of the current vacant retail site at 8083 West Oakland Park Boulevard (Luxcom, Google Maps)
Big City Retail Lags Recovery of Malls, Shopping Centers
Vornado’s Steven Roth (Getty, iStock/Illustration by Ilya Hourie for The Real Deal) A “startling” retail recovery across the country has included malls and shopping centers,