Offerpad’s Brian Bair and Opendoor’s Eric Wu (LinkedIn, Twitter, iStock) The iBuyer invasion is now looking more like an incursion. Perhaps even an expeditionary force.
Category: Business
87 Park Closing Leads Miami-Dade Weekly Condo Sales
Eighty Seven Park (Google Maps, iStock) Miami-Dade County condo sales tumbled last week, with the number of sales, dollar volume, and average sale price below
Are Agents Stars or Soldiers? Depends on the Brokerage
Despite traditional resi brokerage dealing with technology-based disruptors and struggling stock prices, it isn’t dead — and it doesn’t look like it will be any
Hollywood Mixed-Use Project Sells For $66M
Charles “Chip” Abele and the 1818 Park project at 1818 Hollywood Boulevard (1818 Park) Charles “Chip” Abele sold a Hollywood mixed-use project for $65.6 million
Cymbal DLT Score $102.5M Loan For Miami Gardens Apartments
Cymbal’s Asi Cymbal and Hector Torres with rendering of proposed Miami Gardens apartments (Jo Palma + Partners Corporation) Cymbal DLT scored a $102.5 million loan
Richard True Sells Palm Beach Mansion For $16M
301 Polmer Park (Google Maps, iStock) Palm Beach real estate investor Richard True sold a mansion for $16 million on a portion of a property
Prologis to Acquire Industrial Rival Duke In $26B Stock Deal
From left: Duke Realty CEO Jim Connor and Prologis CEO Hamid Moghadam (Duke Realty, Prologis, iStock) Everything has a price. For Duke Realty, the industrial
Oceanfront Palm Beach Estate Flips for $86M
901 North Ocean Boulevard (Zillow) An oceanfront estate in Palm Beach traded for $86 million, about nine months after it sold for $64 million. Beechgreen
Brookfield, Nuveen, Pebb, Goldman Properties Score Tenants
(left to right) Nuveen’s Mike Nuveen with 800 Waterford Way and Pebb Enterprises’ Ian Weiner with 5355 Town Center Road (CoStar, Nuveen, TVS Design, Pebb,
Techrin Hijazi Leaves Brown Harris Stevens, Starts Brokerage
Techrin Hijazi with Maggie Kurtz (CBRE) Techrin Hijazi, a luxury broker who once starred in TLC’s “Million Dollar Agents,” started her own firm called Gallery