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Category: Business

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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Brookfield Eyes Spin-Off of Asset Management Business
Business

Brookfield Eyes Spin-Off of Asset Management Business

February 11, 2022February 11, 2022

Brookfield CEO Bruce Flatt (Brookfield, , Illustration by Kevin Cifuentes for The Real Deal) Can you truly take the “asset management” out of “Brookfield Asset

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Four Seasons Residences in Fort Lauderdale Begins Closings
Business

Four Seasons Residences in Fort Lauderdale Begins Closings

February 11, 2022February 11, 2022

Nadim Ashi of Fort Partners in front of Four Seasons Fort Lauderdale (Fort Partners, Four Seasons Fort Lauderdale) Fort Partners completed the Four Seasons Residences

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SoftBank Grappling With Low Earnings, Stock Losses
Business

SoftBank Grappling With Low Earnings, Stock Losses

February 11, 2022February 11, 2022

Masayoshi Son, chief executive officer, SoftBank (Getty Images, iStock/Illustration by Steven Dilakian for The Real Deal) Sunny days at Japanese investment giant SoftBank are becoming

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Clarion Partners Buys Lauderhill Apartments for M
Business

Clarion Partners Buys Lauderhill Apartments for $72M

February 11, 2022February 11, 2022

Serramar Apartments at 6701-6950 Landings Drive in Lauderhill, FL. (Realtor.com) Clarion Partners scooped up the Serramar Apartments in Lauderhill for $72 million, marking continued investment

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Montreal Investor Buys Miami Beach Apartment Complex For M
Business

Montreal Investor Buys Miami Beach Apartment Complex For $7M

February 11, 2022February 11, 2022

Montreal Investor with Miami Beach (SRE Commercial Group) A Canadian investor paid $7 million for a pair of Art Deco apartment buildings in Miami Beach,

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