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Category: Business

Buyer Beware: Proptech SPAC Deals Have Largely Been Duds
Business

Buyer Beware: Proptech SPAC Deals Have Largely Been Duds

February 9, 2022February 9, 2022

For proptech companies considering going public, it may be prudent to wait. Most of the proptechs that did so over the last 18 months the

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Greg Mirmelli Buys 600 Collins Ave Building in Miami Beach
Business

Greg Mirmelli Buys 600 Collins Ave Building in Miami Beach

February 9, 2022February 9, 2022

Greg Mirmelli with the Collins Avenue property (Getty) Miami Beach investor Greg Mirmelli purchased a retail property on Collins Avenue that he eventually hopes to

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Douglas Elliman Shattered Its Sales Records in 2021
Business

Douglas Elliman Shattered Its Sales Records in 2021

February 9, 2022February 9, 2022

Douglas Elliman’s Howard Lorber (Getty, Illustration by Kevin Rebong for The Real Deal) When Douglas Elliman made its debut as a publicly traded company in

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Blackstone Sells Jupiter ALF to Ventas at a Loss
Business

Blackstone Sells Jupiter ALF to Ventas at a Loss

February 9, 2022February 9, 2022

The Mangrove Bay assisted living facility at 110 Mangrove Bay Way in Jupiter (Senior Lifestyle, iStock) Blackstone sold the waterfront Mangrove Bay assisted living facility

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WeWork Partnering on Flex Space Availability
Business

WeWork Partnering on Flex Space Availability

February 9, 2022February 9, 2022

From left: Sandeep Mathrani, chief executive officer, WeWork; Christophe Garnier, chief executive officer, Upflex (WeWork, Upflex, iStock) CEO Sandeep Mathrani is putting the “we” in

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Steven Swanson II Flips Miami Shores Walgreens For M
Business

Steven Swanson II Flips Miami Shores Walgreens For $8M

February 9, 2022February 9, 2022

Steven Swanson II with the Walgreens at 9020 Biscayne Boulevard (LinkedIn, JLL) A Chicago investor rang up an $8.2 million sale of a Miami Shores

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Demand for South Florida Homes Pushes Buyers to New Heights
Business

Demand for South Florida Homes Pushes Buyers to New Heights

February 9, 2022February 9, 2022

(iStock, Photo illustration by Priyanka Modi) Real estate agent Drew Kern recently listed a Palmetto Bay home for about $750,000, a price that was significantly

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U.S. Supply of For-Sale Homes Plunges to Historic Low
Business

U.S. Supply of For-Sale Homes Plunges to Historic Low

February 9, 2022February 9, 2022

(iStock/Illustration by Kevin Rebong for The Real Deal) The following is a preview of one of the hundreds of data sets that will be available

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Miami CRE Brokers Adapt to Brave New Market
Business

Miami CRE Brokers Adapt to Brave New Market

February 9, 2022February 9, 2022

From left: 701 Brickell Avenue; Wynwood Annex at 215 Northwest 24th Street; and 830 Brickell Avenue Tony Arellano remembers the days when inking a lease

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Executive Exodus in Full Force at Better.com
Business

Executive Exodus in Full Force at Better.com

February 8, 2022February 8, 2022

Formerly from Better.com: Emanuel Santa-Donato, Sarah Pierce and Sean Baddeley; Better.com CEO Vishal Garg (Better.com, LinkedIn.com) The next time Better.com CEO Vishal Garg hops on

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