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Category: Business

More Mortgage Industry Carnage: LoanDepot Lays Off Thousands
Business

More Mortgage Industry Carnage: LoanDepot Lays Off Thousands

July 12, 2022July 12, 2022

LoanDepot’s Anthony Hsieh (iStock, LoanDepot) Another lender is resorting to layoffs as the mortgage market shrivels. Tucked in near the end of a business plan

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Rockpoint sells Shops at Mary Brickell Village for 6M
Business

Rockpoint sells Shops at Mary Brickell Village for $216M

July 12, 2022July 12, 2022

From left: Rockpoint’s Bill Walton and Keith Gelb, 911 Southwest First Avenue and RPT Realty’s Brian Harper (Rockpoint, Google Maps, RPT Realty) RPT Realty picked

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What Happens to Renters After Developer Converts to Condos
Business

What Happens to Renters After Developer Converts to Condos

July 12, 2022July 12, 2022

Property Markets Group’s Ryan Shear, Kevin Maloney, Dan Kaplan and Greybrook’s Peter Politis with rendering of The Elser Hotel & Residences (Property Markets Group, Greybrook,

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Scott Huizenga Buys Waterfront Miami Beach Estate for M
Business

Scott Huizenga Buys Waterfront Miami Beach Estate for $8M

July 12, 2022July 12, 2022

Berkshire Hathaway’s David Soloman and Douglas Elliman’s Ibrahim Guldiken with 5941 Pine Tree Drive (Douglas Elliman, Berkshire Hathaway HomeServices) A scion of late billionaire businessman

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Gladstone Commercial Sells Jupiter Offices to LRP Media Group
Business

Gladstone Commercial Sells Jupiter Offices to LRP Media Group

July 12, 2022July 12, 2022

From left: LRP Media Group’s Ken Kahn and Gladstone Commercial Corporation’s David Gladstone with 1395 University Boulevard (LRP Media Group, Gladstone Commercial Corporation, Loopnet) LRP

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Elysee Closing Leads Miami-Dade Weekly Condo Sales
Business

Elysee Closing Leads Miami-Dade Weekly Condo Sales

July 12, 2022July 12, 2022

788 Northeast 23rd Street (Condo.com, iStock) Miami-Dade County condo sales fell faster last week than Elon Musk’s interest in Twitter.Dollar volume last week totaled $58

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Miami Again Least Affordable US Housing Market
Business

Miami Again Least Affordable US Housing Market

July 11, 2022July 11, 2022

(iStock/Illustration by The Real Deal) Miami again topped the list of least affordable U.S. housing markets in July, ahead of Los Angeles and New York,

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Synovus Bank Sells Medley Industrial Site For M
Business

Synovus Bank Sells Medley Industrial Site For $20M

July 11, 2022July 11, 2022

Terreno Realty’s W. Blake Baird with 8050 Northwest 90th Street (LinkedIn, Google Maps) Synovus Bank sold a foreclosed, defunct aviation maintenance facility in Medley to

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Menesse, Investee, Lucid Investment Plan Brickell Apt Tower
Business

Menesse, Investee, Lucid Investment Plan Brickell Apt Tower

July 11, 2022July 11, 2022

Lucid Investment Group’s Andrew Rasken with 143 Southwest Ninth Street (Loopnet) A joint venture consisting of two Mexican firms making their U.S. debut and a

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Laurent Groll Flips Hibiscus Island Lot In A Month
Business

Laurent Groll Flips Hibiscus Island Lot In A Month

July 11, 2022July 11, 2022

375 North Hibiscus Drive on Hibiscus Island Miami Beach real estate investor Laurent Groll and his partners flipped a waterfront HIbiscus Island lot for $14

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