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Category: Business

Crypto Rich Emerge as New Buyer Pool for Luxury Real Estate
Business

Crypto Rich Emerge as New Buyer Pool for Luxury Real Estate

January 28, 2022February 6, 2022

(Photo-illustration by Paul Dilakian/The Real Deal) Even by luxury standards, the estate 40 miles outside Denver was a rare find: a 45,000-square-foot, 11-bedroom mansion with

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Jockey Club, Next-Door Developer Reignite Legal Battle
Business

Jockey Club, Next-Door Developer Reignite Legal Battle

January 28, 2022February 6, 2022

Jockey Club tower I at 11111 Biscayne Boulevard (Google Maps, Miami-Dade County Courts) Residents of the Jockey Club near North Miami sued the owner of

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US housing market up a historic .9T in 2021: Zillow
Business

US housing market up a historic $6.9T in 2021: Zillow

January 28, 2022February 6, 2022

Zillow senior economist Jeff Tucker (Zillow, iStock) By any measure, the housing market went bonkers last year. Now, Zillow has put a number on it.

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Startup LEX Raises M To Expand Low-Barrier, Direct CRE Investment
Business

Startup LEX Raises $15M To Expand Low-Barrier, Direct CRE Investment

January 28, 2022February 6, 2022

LEX CEO Drew Sterrett (iStock, Twitter/Illustration by Kevin Rebong for The Real Deal) LEX, a commercial real estate securities marketplace, raised $15 million in Series

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Valerio Morabito sells Gianluca Vacchi’s Ex Miami Beach Unit
Business

Valerio Morabito sells Gianluca Vacchi’s Ex Miami Beach Unit

January 28, 2022February 6, 2022

Valerio Morabito with 1800 Sunset Harbour Drive (Valerio Morabito, LPG) Developer Valerio Morabito sold a Sunset Harbour condo he acquired in a swap with Italian

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South Florida Multifamily Sales Hit B In 2021
Business

South Florida Multifamily Sales Hit $11B In 2021

January 28, 2022February 6, 2022

(Live Four West, LoopNet, iStock) After reaching a record $11.4 billion in sales last year, South Florida’s multifamily market is poised for another banner year,

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Boston Properties Sees Leasing Uptick, Raises Crime Concerns
Business

Boston Properties Sees Leasing Uptick, Raises Crime Concerns

January 27, 2022February 6, 2022

Boston Properties CEO Owen Thomas (Thomas by Axel Dupeux, iStock) The outlook for major office markets is gradually improving, but it’s not just Covid variants

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WeWork Executive Marcelo Claure to Step Down From SoftBank
Business

WeWork Executive Marcelo Claure to Step Down From SoftBank

January 27, 2022February 6, 2022

From left: Masayoshi Son, chief executive officer, Softbank; Marcelo Claure, executive chairman, WeWork (Softbank, Getty Images, iStock/Photo Illustration by Steven Dilakian for The Real Deal)

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Southland Shopping Center in Fort Lauderdale Trades for M
Business

Southland Shopping Center in Fort Lauderdale Trades for $17M

January 27, 2022February 6, 2022

Southland Shopping Center at 901-1075 West State Road 84 in Fort Lauderdale (Google Maps) Chicago area-based RMS Properties bought the Winn-Dixie-anchored Southland Shopping Center in

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Brooklyn Firm Buys Hollywood Beach Motels For M
Business

Brooklyn Firm Buys Hollywood Beach Motels For $13M

January 27, 2022February 6, 2022

Condra Property Group managing principal Mark Drachman and the Neptune Hollywood Beach and the Sun Beach Inn (LinkedIn, Google Maps) Brooklyn-based Condra Property Group, which

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