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Category: Business

Zillow Reports 0M Loss on Failed Home-Flipping Business
Business

Zillow Reports $880M Loss on Failed Home-Flipping Business

February 13, 2022February 13, 2022

(Credit: iStock) Listings giant Zillow lost more than $880 million on its failed home-flipping business in 2021, the company reported late last week. According to the

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Landlords Get Tenants Evicted Even After Receiving Rental Aid
Business

Landlords Get Tenants Evicted Even After Receiving Rental Aid

February 12, 2022February 12, 2022

(Getty) Landlords of residential properties are figuring out ways to cut tenants loose even after they have paid their back rent through the Federal government’s

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Naples, western Florida cities rank among nation’s hottest emerging real estate market
Business

Naples, western Florida cities rank among nation’s hottest emerging real estate market

February 12, 2022February 12, 2022

Naples, Florida (iStock, Freepik, Illustration by Shea Monahan for the Real Deal) Florida’s west coast property market is heating up, boosted by remote work and

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Surfside Collapse Unit Owners Could Receive M Payout
Business

Surfside Collapse Unit Owners Could Receive $83M Payout

February 11, 2022February 11, 2022

The now empty lot that was where the Champlain Towers South condo building once stood (Getty) Unit owners of Champlain Towers South could receive an

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Related Group’s Jon Paul Perez Buys Coral Gables Home
Business

Related Group’s Jon Paul Perez Buys Coral Gables Home

February 11, 2022February 11, 2022

Jon Paul Perez with 240 Edgewater Drive in Coral Gables (Zillow) Related Group President Jon Paul Pérez purchased a waterfront teardown in Coral Gables, near

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Newmark Pays Howard Lutnick M Bonus After Record Year
Business

Newmark Pays Howard Lutnick $20M Bonus After Record Year

February 11, 2022February 11, 2022

Howard Lutnick (Getty, iStock, Photo illustration by Priyanka Modi) Newmark chairman Howard Lutnick was rewarded with a $20 million bonus as the brokerage he spun

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Couple Sells Coral Gables Home to Entertainment Guru for M
Business

Couple Sells Coral Gables Home to Entertainment Guru for $13M

February 11, 2022February 11, 2022

Walter Kolm with 6946 Coral Gables Ct. (LinkedIn, iStock, realtor.com) A South Florida power couple sold a Coral Gables waterfront spec home to an entertainment

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Real Estate and Tech Converge at TRD’s Future City 2022
Business

Real Estate and Tech Converge at TRD’s Future City 2022

February 11, 2022February 11, 2022

We’ve already given you a taste of some of the real estate titans and proptech stars you can encounter next month at Future City 2022

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Report Shows LA Has By Far Most Ultra-Lux Sales
Business

Report Shows LA Has By Far Most Ultra-Lux Sales

February 11, 2022February 11, 2022

(Google Maps) You already know some of the deals. In February 2020 Jeff Bezos paid $165 million for a Beverly Hills estate, setting a California

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Redwood, Winston Score M Loan for Opa-locka Rentals
Business

Redwood, Winston Score $47M Loan for Opa-locka Rentals

February 11, 2022February 11, 2022

Winston Capital’s David Burstyn and BAS’s Brian Sidman with The Mirage at Sailboat Cove (BAS Holdings Investments, Winston Capital Partners) Redwood National Properties and Winston

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