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Category: Business

Condo Insurers Exit Florida, Hike Rates After Collapse
Business

Condo Insurers Exit Florida, Hike Rates After Collapse

April 25, 2022April 25, 2022

5050 Northwest Seventh Street in Miami (Google Maps, iStock) Insurers have become increasingly averse to issuing policies for aging condominiums in Florida following the state

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Non-Waterfront Miami Beach Home Sells For Record .5M
Business

Non-Waterfront Miami Beach Home Sells For Record $12.5M

April 25, 2022April 25, 2022

Robert Coward and 2535 Shelter Avenue (Jose Lopez of Immersive Media Solutions, USAP) A non-waterfront home in Miami Beach traded for $12.5 million, setting a

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Blackstone Looking at REIT Takeovers
Business

Blackstone Looking at REIT Takeovers

April 25, 2022April 25, 2022

Blackstone’s Jonathan Gray (Blackstone, iStock) Blackstone sees riches in the volatility of REIT valuations. The investment giant is pursuing private takeovers as the public-market valuations

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Beacon Real Estate Buys Kendall Office Building for M
Business

Beacon Real Estate Buys Kendall Office Building for $20M

April 25, 2022April 25, 2022

Beacon Real Estate Group’s Richard Kulick with 117 Professional Arts Center (Cushman & Wakefield) Beacon Real Estate Group acquired a Kendall office building for $20

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LeFrak Organization’s Harrison LeFrak Headed for Big-Ticket Divorce
Business

LeFrak Organization’s Harrison LeFrak Headed for Big-Ticket Divorce

April 25, 2022April 25, 2022

LeFrak’s Harrison LeFrak and Katherine Embiricos LeFrak (Getty Images, iStock, Illustration by Kevin Cifuentes for The Real Deal) The real estate industry is set to

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Turnberry, Carlos Rosso Launch Sole Mia Condo Tower
Business

Turnberry, Carlos Rosso Launch Sole Mia Condo Tower

April 25, 2022April 25, 2022

Carlos Rosso and Jackie Soffer with Rendering of One Park Tower by Turnberry at SoLé Mia (Turnberry, iStock) Developer Carlos Rosso is partnering with Turnberry

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Charles Cohen’s DCOTA Scores 100K sf of New Leases
Business

Charles Cohen’s DCOTA Scores 100K sf of New Leases

April 25, 2022April 25, 2022

Design Center of the Americas in Dania Beach with owner Charles Cohen of Cohen Brothers Realty Corporation (Scott Francis, Wikipedia) Medtronic, PropertyForce, Bitty Advance and

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Analyzing the Business of Residential Brokerage
Business

Analyzing the Business of Residential Brokerage

April 25, 2022April 25, 2022

Clockwise from top left: Side’s Guy Gal; eXp’s Jason Gesing; Realogy’s Ryan Schneider; Era Ventures’ Clelia Warburg Peters; Douglas Elliman’s Fredrik Eklund and John Gomes

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Don Peebles to Pay 0K in Overtown Lawsuit
Business

Don Peebles to Pay $800K in Overtown Lawsuit

April 22, 2022April 22, 2022

From left: Michael Swerdlow and Don Peebles along with a rendering of Block 55 in Miami’s Overtown neighborhood (The Peebles Corporation, Swerdlow Group, iStock/Photo Illustration

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Myles Shear Flips Waterfront Miami Beach Home to Sam Logan
Business

Myles Shear Flips Waterfront Miami Beach Home to Sam Logan

April 22, 2022April 22, 2022

Myles Shear and 3300 Chase Avenue in Miami Beach (Redfin, Getty) Home sales between dynamic personalities have long been the norm in South Florida —

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