Richard Gebbia with 1025 North Rio Vista Boulevard (Getty, Zillow) A member of the Gebbia family, once linked to the “Real Housewives of Beverly Hills”
Category: Business
Investors Flooded the Housing Market in 2021
(iStock) The odds that an investor owns the home next door climbed even higher in 2021. Investors last year bought almost one in every seven
Seagis Pays $16M for Doral Industrial Dev Site
Seagis with 8305 Northwest 27th Street (iStock, Seagis Property Group) Seagis Property Group paid $16 million for a warehouse development site next to its Transal
Jay, Letty Biggins Pay $9M for Palm Beach Retail Property
Jay and Letty Biggins with 353 Peruvian Avenue in Palm Beach (MultiHousing, Google Maps) Multifamily real estate mogul Joseph “Jay” Biggins, and his clothing and
Cost of Climate Change: Natural Disasters Cause $57B in Damage
(CoreLogic, iStock, Illustration by Kevin Cifuentes for The Real Deal) Fire, water and freezing temperatures last year posed increasingly dangerous — and expensive — concerns
Potamkin Bros Buy Miami Beach Commercial Properties For $10M
Alan and Robert Potamkin and the property at 1695 Alton Road in Miami Beach (The Potamkin Prize, BHS) Auto dealership magnates Alan Potamkin and Robert
Utah Real Estate Honcho Buys Jupiter Island Home for $14M
488 South Beach Road (Photos via Kevin Dickenson) A Utah real estate and investment mogul paid $14.1 million for a waterfront Jupiter Island teardown. Property
Miami Investment Honcho Pays $5M for Coconut Grove House
Azora Capital’ Ravi Chopra with 3600 Matheson Avenue (The Keyes Company, LinkedIn) Azora Capital investment firm founder Ravi Chopra paid $5.1 million for a waterfront
U.S. CMBS Market Surged to 14-Year High in 2021
(iStock/Illustration by Kevin Rebong for The Real Deal) The market for commercial mortgage backed securities is back and bigger than ever. Private-label CMBS issuance surged
IG Logistics Buys Pompano Beach Outdoor Storage Facilities
Imperial Capital IG Logistics’ Daniel Glaser and Sam Schneider (Imperial Capital, Google Maps. iStock) In a pair of off-market deals totaling $12 million, IG Logistics