(Getty images) If anyone believes demand for industrial real estate is cooling, brokers, developers and investors in the sector would say they’re dead wrong. With
Category: Business
Proptech Startup Rhino Lays Off 57 Employees
Rhino co-founders Paraag Sarva Rhino, a proptech startup that offers an alternative to security deposits, has laid off 57 employees, or more than 20 percent
Treevita Affiliate Buys Lauderhill Apartment Complex
Treevita Capital’s chief executive director Hugo Cascavita and the Victoria at Lauderhill apartment complex at 2011-2051 Northwest 43rd Terrace in Lauderhill (Apartments.com, LinkedIn) A North
Inside Mall Scavenger Kohan’s Shopping Spree for Struggling Malls
Burnsville Center in Minnesota (Connor Steinkamp) The majority of its storefronts are dark and its previous owner, CBL & Associates, filed for Chapter 11 bankruptcy
The Hive, Flagler Uptown in Fort Lauderdale Trade for $18M
From left: Tricera Capitals’ Scott Sherman and Ben Mandell; Asana Partners’ Jason Tompkins, Sam Judd and Terry Brown (Asana Partners, Tricera Capital, Native Realty, iStock)
Industrial Rents are Way Up Everywhere in the US
(iStock) If you’re in the market for warehouse space, get in line — and get ready to pony up. Data released this week by Savills
GL Homes Land Swap in Palm Beach Agri Reserve Moves Ahead
GL Homes President Misha Ezratti & Palm Beach County Agricultural Reserve (LILA PHOTO via GL Homes, County government of Palm Beach County, Wikimedia Commons) Palm
Fintech Chiefs Goldstein, Fridman Pay $6M for Cocoplum Home
From left: Al Goldstein, co-founder and executive chairman, Avant; Anna Fridman, founder, Spring Labs (Avant, Spring Labs, Compass) Fintech firm founders Al Goldstein and Anna
Carlyle Group Acquiring iStar’s Net-Lease Portfolio for $3B
From left: Jay Sugarman, chief executive officer, iStar; Mark Jenkins, head of global credit, The Carlyle Group (iStar, The Carlyle Group, iStock) The Carlyle Group
E11even Miami Team Scores Construction Loan from Starwood
Rendering of E11even Hotel & Residences with Michael Simkins, Marc Roberts and Ryan Shear (ArX Solutions) The developers of E11even Hotel & Residences in Miami